To help your company meet its ongoing compliance requirements, we’d like to inform you that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended the expiration date on its model Health Insurance Exchange Notices to May 31, 2020. Previously, these model notices were set to expire on May 31, 2017. Please click [...]Continue Reading →
Posts Tagged 'New Hire Compliance'
On June 16, 2015, final regulations were published on the Summary of Benefits and Coverage (SBC) requirement under the Affordable Care Act (ACA). The ACA established a penalty of up to $1,000 for each willful failure to provide the SBC. Also, failing to provide the SBC may trigger an excise tax of $100 per individual for each [...]Continue Reading →