The U.S. Department of Labors Employee Benefits Security Administration has issued new guidance on the Affordable Care Act requirement that employers provide employees with a notice of their health insurance coverage options available through the future health insurance exchanges.
A spike in reports of temporary workers suffering fatal injuries on the job has spurred a new initiative to protect them.
The IRS has proposed rules for the 90 day period between employers offering coverage and deciding when employees will get coverage.
Our nations highest court overturned a ruling recently that would have allowed the simple rewrite of terms of an ERISA-governed plan. The case is McCutchen v. U.S. Airways. Find out what it means for employers.
Because there can be various ways of assessing what constitutes a full-time employee eligible for coverage under the PPACA, the IRS has issued guidance in the form of several notices, as well as temporary regulations.
A lawsuit between two local hospital systems has come to an end after the Ohio Supreme Court upheld a previous ruling in favor of Mercy Medical Center, the system accusing Aultman Health Foundation of a corrupt insurance broker incentive program.
New legislation was issued last night in the Senate that would remove broker compensation from the MLR calculation.
Employers have until May to begin using the new Form I-9, or else face penalties from the U.S. Citizenship and Immigration Services, the arm of the federal government that enforces immigration policy.
A Senate hearing yesterday discussed a bill that creates a non-profit, national organization that would simplify the licensing process for brokers conducting business outside of their state of residence.
Fidelity bond premiums can cost a considerable amount. Do you fully understand the kinds of losses covered by the bond or when it is appropriate to provide notice of a loss to a companys insurer?
Plan fiduciaries are more vulnerable than ever on a lot of legal and regulatory fronts, including the financial statements included with their 5500 filings. In an era when 5500 forms and their attachments quickly enter the public domain online via E-fast 2, available to anyone -- including an enlarged army of DOL inspectors hunting for anomalies, fiduciaries need to be on the top of their game, warns Dave Dacey, CPA, a partner with the WithumSmith+Brown and leader of the firms Employee Benefit & Pension Plans Group.
Hope is the crutch of an ineffective manager, someone who invites otherwise avoidable litigation.
The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that swap transactions go through a clearing process. On February 7, 2013, the DOL issued Advisory Opinion 2013-01A that provides clarification.
I frequently am asked by plan sponsors and plan administrators about how to respond to a request for plan documentation. Under Section 104(b)(4) of ERISA, a plan administrator is obligated to provide certain information when requested by a participant or beneficiary.
UnitedHealth Group Inc., the biggest U.S. medical insurer, is set to face claims that it failed to properly oversee a Las Vegas doctor who gave colonoscopy patients hepatitis C by mishandling the anesthetic Propofol.