November 2011 - Employee Benefits I AP Benefit Advisors

AP Benefit Advisors Educational Employee Benefits Webinar Series

AP Benefit Advisors has been producing employee benefits web seminars, compliance web seminars, and other webinar topics of interest for over a year now. In that time, we have covered a number of highly pertinent issues, including Affordable Care Act compliance, Qualified Medical Child Support Orders (QMCSO), ERISA, W-2 Reporting, and a host of other […]

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New SBC Regulations – Additional Adjustment Time

As part of the Affordable Care Act’s multiyear implementation timeline, carriers, employers, and plan sponsors would have to begin distributing standardized SBCs (Summary of Benefits and Coverage) to new hires, special enrollees (status changers) and to any plan participants that requested them beginning March 23, 2012. The Department of Labor published those regulations on August 17, 2011, but […]

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New W-2 Reporting Webinar Slides Now Available

Slides are now available from our recent web seminar, which covered a variety of important compliance details including: * Which employers are included and when will they be subject to these reporting requirements? * What types of health care coverage must be included and reported on Form W-2? * What amounts of imputed income for […]

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Revised Healthcare Reform Timelines

If you want to see 10 pages of health reform in a 1 page timeline (well, 1 page for Employers and 1 page for Employees) then please visit our website (www.apbenefitadvisors.com). But, if you are looking for details specific to just a certain year or plan, then you can’t do better than this implementation timeline […]

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November 2011 Compliance Chronicle – Revised Guidance from the DOL is here! Updates on Summary of Benefits and Coverage, Requirements Delayed until Final Regulations Issued.

A new edition of the Compliance Chronicles has been posted in the Compliance Chronicles section of the AP Benefit Advisors, LLC website. This month’s edition discusses the revised guidance from the Department of Labor regarding the Summary of Benefits and Coverage (SBCs) that plans must distribute to comply with PPACA. The article highlights the challenges […]

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Summary of Benefits and Coverage: Necessary Action

For calendar year plans, these new requirements do not apply to the 2012 Open Enrollment. However, it will affect your new hires, new enrollees that enroll on/after March 23, 2012. And, if your next plan year begins in/after February 2012, the new requirements must be included in open enrollment materials. Employers with fully insured group health plans should check with their […]

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Webinar: Learn about Mandated W2 Reporting and PPACA Updates

Join us for this complimentary, educational webinar and learn about Employer-required W-2 reporting newly mandated under PPACA. This includes Imputed Income Reporting for group health coverage, group life insurance, spousal life insurance, and both short and long term disability insurance. Expert speaker, Attorney Patrick Haynes will discuss guidance on these requirements from the IRS.  Other topics […]

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