The Department of Labor’s (DOL’s) Employee Benefits Security Administration (EBSA) issued deadline relief and other guidance under Title I of ERISA (the Employee Retirement Income Security Act of 1974) to help employee benefit plans, plan participants and beneficiaries, employers and other plan sponsors, plan fiduciaries, and other service providers impacted by the coronavirus (COVID-19) outbreak. […]
Read More...On April 11, 2020, the U.S. Department of Labor, the U.S. Department of Health and Human Services, and the U.S. Treasury (together, the departments) issued FAQ guidance regarding implementation of the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), and other health coverage issues related to […]
Read More...On Tuesday, March 24, the Department of Labor (DOL) announced that the effective date of the leaves available through the Families First Coronavirus Response Act (FFCRA) will be April 1, 2020. Based upon the bill’s original language, the effective date was widely believed to be April 2, 2020. The DOL announced the effective date in […]
Read More...Please note: In prior guidance, the IRS/Treasury have not included preventive care services or benefits meant to treat an existing condition. With Notice 2019-45 that is changing for the better. Important Factors: Under a notice issued Wednesday, July 17, 2019, HDHP enrollees can deduct contributions to a HSA (Health Savings Account) for some care […]
Read More...Mental Health Parity and Addiction Equity Act Guidance Issued by Departments In an effort to encourage compliance with the MHPAEA (Mental Health Parity and Addiction Equity Act), the departments (DOL, HHS and Treasury) released a regulatory package that includes examples of mental health parity violations, as well as a new disclosure template used to request […]
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