When employers negotiate a merger or acquisition, it’s important for the buyer and seller to consider how health benefits will be offered after the transaction closes. A buyer or seller may have the responsibility to continue employees’ coverage, offer COBRA continuation coverage, or complete reporting under the ACA. This webinar will help employers understand their responsibilities when planning a merger or acquisition.
During this educational webinar we will:
This 60-minute intermediate level webinar will help employers understand their health coverage obligations when there is a merger or acquisition.
- Review the basics of a merger or acquisition
- Explain key concepts such as an asset sale and a stock sale
- Discuss concepts such as a controlled group, affiliated service group, and an aggregated applicable large employer (ALE) group
- Discuss how the employer shared responsibility provisions apply when two non-ALEs merge to have 50 or more full-time employees or full-time equivalentsDescribe how an ALE will determine acquired employees’ status (as full-time or not full-time) after a merger or acquisition
- Discuss how an ALE will measure acquired employees’ hours after a merger or acquisition
- Describe how coverage should be offered (or continued) after a merger or acquisition
- Provide tips on reporting coverage offered during the year that a merger or acquisition occurs
- Discuss the situations under which an employer must offer COBRA continuation coverage to individuals as part of a merger or acquisition
- Discuss notices that should be provided to individuals who are affected by a merger or acquisition
- Describe best practices when negotiating health coverage as part of a merger or acquisition