Blog
The information and content contained in this blog are for general informational purposes only, and does not, and is not intended to, constitute legal advice. As always, for specific questions concerning your health or 401(k) plans, please consult your own ERISA attorney or professional advisor.
Updated Gag Clause Attestation Submission Instructions Released by DOL
We have new Gag Clause Prohibition Compliance Attestation Instructions for 2024! And the compliance nerds rejoice! Huzzah! Let’s begin at the beginning... Group health plans[1] had an additional reporting requirement on December 31, 2023 that attested to a lack of
How New Section 1557 Rules Affect Health Plans and Insurers
Section 1557 of the ACA prohibits discrimination based on race, color, national origin, sex, age, or disability by a “covered entity” with respect to its health programs or activities. A covered entity is any recipient of Federal financial assistance. The
IRS Releases Guidance on Disaster Relief Distributions and Loans under 401(k) Plans
On May 3, 2024, the IRS issued guidance in the form of “frequently asked questions” (FAQs) on disaster relief distributions and expanded loans under qualified retirement plans, including 401(k) plans, pursuant to the SECURE 2.0 Act. Background Traditionally, non-retirement distributions
Best Practices for Stronger Cybersecurity for ERISA Plans
It’s always a great time to review EBSA’s suggested cybersecurity best practices for ERISA Plan sponsors, fiduciaries, and service providers, as well as Plan participants and beneficiaries, focusing on applicability to health Plan compliance. Cybersecurity & HIPAA Compliance Cybersecurity is the