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Employers are starting to receive notices from public exchanges indicating that one or more employees are currently receiving a subsidy when purchasing individual health insurance coverage through a public Exchange, which could potentially trigger employer penalties under §4980H.
If an employer receives such a notice for one of its employees, the employer has a right, but is not required, to appeal when they feel an employee should not be receiving a subsidy because the employer offers minimum value, affordable coverage.
Read the full alert here.
If you have any questions or concerns, please reach out to your Lyons Employee Benefits team. Lyons is here to assist you with your efforts to be compliant.
Regards,
Lyons Companies Employee Benefits
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Upcoming Webinar: OCR Begins New Phase of HIPAA Audits
As a part of its continued efforts to assess compliance with the HIPAA Privacy, Security and Breach Notification Rules, the Department of Health and Human Services Office for Civil Rights (OCR) has begun its second phase of audits of covered entities and their business associates. OCR has stated that they will be auditing all types of covered entities, including employer sponsored health plans. All employers who sponsor a health plan have some responsibility under the HIPAA Privacy and Security Rules. Now is a great time to make sure your organization has the proper policies and procedures in place.
Presented by:
Bob Radecki, President, Benefit Comply, LLC and
Regan Debban, J.D., MBA, Senior Consultant, Benefit Comply, LLC
Be sure to list Lyons Companies as the name of the firm that invited you when completing your registration and register early to ensure your receive the PowerPoint presentation in advance of the session.
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to ensure you stay current on updates like this.
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