01 Dec Autism Enters Into Benefits Equation

Posted at 18:14h in Archive, Compliance News

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diagnosed with autism at age 4, Kulstad knew he faced years of expensive medical treatment...

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01 Dec Employers Seek New Path to Savings with Dependant Eligibility Audits

Posted at 18:14h in Archive, Consulting

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More employers are scrutinizing employees' health-insurance dependents...

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01 Dec Grandfathered Health Plans Can Change Insurers

Posted at 18:14h in Archive, Compliance News, Consulting

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Employers are allowed to change insurers without their health care plans automatically losing grandfathered status...

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08 Nov With New Majority in House, Republicans Vow to Attempt to Repeal Reform Law

Posted at 18:14h in Archive, Compliance News

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House Republicans plan a vote early in 2011 to repeal the health-care law...

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01 Nov DOL Expands Definition of ‘Fiduciary’

Posted at 09:00h in Archive, Compliance News

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ERISA Source: PLANSPONSOR By Judy Ward For the first time in a generation, the Labor Department has taken another crack at the definition of a fiduciary under the Employee Retirement Income Security Act (ERISA). The proposed rule was unveiled today by the Department of Labor (DoL), which noted...

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28 Oct Without Guidance, Firms Must Tread Lightly Around In-Plan Roth Conversions

Posted at 12:47h in Archive, Consulting

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Compliance Source: McKay Hochman [via BenefitsLink] The in-plan Roth conversion provision of the Small Business Jobs and Credit Act (H.R. 5297) became effective on September 27, 2010. The absence of IRS guidance leaves us with many questions regarding how to implement, administer and report such conversions. As we stated...

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28 Oct NAIC Agrees on Medical Loss Ratios

Posted at 12:45h in Archive, Compliance News

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NAIC unveils medical loss ratio rules under health reforms Health Care Reform Source: Business Insurance 21-Oct-2010 By Joanne Wojcik WASHINGTON—The National Assn. of Insurance Commissioners adopted a model regulation Thursday that includes definitions of which medical expenses can be counted toward insurers’ medical loss ratios under the Patient Protection and...

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18 Oct HHS Issues New Guidance On Kids’ Insurance Policies

Posted at 11:53h in Archive, Compliance News, Consulting

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By Mary Agnes Carey KHN Staff Writer OCT 13, 2010 Health insurers can't have different rules for when individual policies are sold for children with medical problems than for healthy kids, the Department of Health and Human Services said today. Some insurers want to allow healthy children to enroll...

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18 Oct Agencies Tweak Rules on OTC Drugs, Claims

Posted at 10:51h in Archive, Compliance News

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More than six months have passed since President Barack Obama signed the health care reform bill into law. A number of provisions are now in effect, and federal agencies are working to clarify lingering questions in the legislation. One aspect that could have a significant impact...

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15 Oct No Slow Grandpas: Firms Wishing to Grandfather Plans Must Act Swiftly

Posted at 17:48h in Archive, Compliance News, Consulting

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Source: Davis Wright Tremaine LLP [via BenefitsLink] 05-Oct-2010 By Richard J. Birmingham If you maintain an insured health plan, the starting point for any grandfather analysis is with your insurance carrier. Many insurance carriers serving midsized employers have indicated they are going to issue new policies and, therefore,...

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