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Posts Tagged 'requirement'

Health Care Reform News: Reinsurance Fee Deadline Extended to December 5

On November 14th, 2014, the Centers for Medicare & Medicaid Services (CMS) extended an important deadline regarding the Reinsurance Fee program, which is part of the Affordable Care Act. The deadline for contributing entities to submit their 2014 enrollment counts has been moved to 11:59 p.m. on Dec. 5, 2014. Updated Deadline List Here is [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Annual Medicare Part D Notification Reminder: Send by October 15, 2014

Under the Medicare Part D program, employers who offer prescription drug coverage are required to provide an annual notice. It must be sent to those Medicare Part D eligible individuals who are covered by, or who apply for, prescription drug coverage under the group health plan. In addition, plan sponsors are required to provide notices [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Reminder: Medicare Part D Notice Due By October 15th

In the midst of dealing with tasks regarding benefits renewal, open enrollment, the Affordable Care Act, and other important to-do’s, it’s possible to overlook an upcoming deadline that you may need to address. Yes, I wanted to briefly remind you of the October 15th deadline regarding Medicare Part D Notices. Here are a few key [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Exchange Notice: No Penalty for Failure to Send

In the midst of preparing for their benefits renewal and enrollment season — and dealing with a very sizable list other HR-related tasks — many employers have also been working on meeting their requirement to send out an Exchange Notice prior to October 1st. While this requirement is still in place, I do want to make you [...]

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Are You Using the Updated COBRA Election Notice?

As part of the implementation of the Affordable Care Act, employers have a responsibility to educate employees on the existence of the Exchanges. One way that this will be done is via distribution of the Exchange Notice, which must be sent by October 1st. But another area where employers will be creating awareness of the [...]

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Posted in: Human Resources

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Four Items That Must be in the Exchange Notice

Has your company heard about Health Care Reform’s Exchange Notice requirement? Perhaps you’ve learned about it recently in our blog, at a conference, on social media, through an eNewsletter, or from your benefits broker/advisor. The notice, which much be distributed to employees by October 1st, must contain content that addresses these four requirements: Inform employees about [...]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Exchange Notice Requirement – Will You Be Ready?

While one Health Care Reform deadline has now passed (the PCORI fees), I’d like to remind you of an upcoming deadline that your company may need to address. As part of the Affordable Care Act, employers must provide all new hires and current employees with notice about ACA’s Exchanges (also known as “Marketplaces”). Employers must [...]

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Posted in: Benefits and Insurance, Human Resources

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Answering Employee Questions: Health Care Reform and W-2′s

As employees start to pay attention to their W-2 forms this year, they may notice a new line item that will generate questions for the Human Resources department. That new line is the total cost of employer-sponsored group health plan coverage. The requirement to display that figure comes from health care reform laws. To help [...]

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Posted in: Benefits and Insurance, Human Resources

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