Regulatory Documents
DOL Issues FAQs on Participant-Level and Service Provider Disclosure Rules
The Department of Labor's Employee Benefits Security Administration on May 7 issued a series of frequently asked questions (“FAQs”) that provide follow-up guidance to the Department’s final regulations on participant-level fee disclosure rules. These rules under section 404 of ERISA were released in October 2010. The FAQs also provide guidance related to the final disclosure rules related to service provider disclosure to employers under section 408(b)(2).… More
HHS Releases Bulletin on Verification of Access to Employer-Sponsored Coverage
The Department of Health and Human Services on April 26 issued a bulletin asking for input on both an interim and a long-term strategy for purposes of verifying an employee’s access to a subsidy for coverage in an Exchange. The verification process laid out in this Bulletin intertwines with the two reporting notices issued by the IRS. … More
IRS Requests Comments on Options for Determining “Minimum Value” of Health Coverage and Reporting Requirements
The Internal Revenue Service on April 26 released proposed preliminary guidance (Notice 2012-31) describing and requesting comments on… More
CMS Bulletin Addresses Applicability of Medical Loss Ratio Rules to Types of Plans
An April 20 bulletin by the Centers for Medicare and Medicaid Services addressing frequently asked questions regarding the Medical Loss Ratio regulation confirms that self-insured plans are not subject to the MLR reporting and rebate requirements.… More
SEC Extends Comment Period on Proposed Rule on Target Date Fund Marketing
The Securities and Exchange Commission recently announced that it is reopening the comment period on a proposed rule that would modify the… More
IRS FAQ Addresses Tax Treatment of Medical Loss Ratio Rebates
The Internal Revenue Service recently issued an update addressing the federal tax consequences to a health insurance issuer that pays a… More
IRS Release Proposed Regulation on ACA Comparative Effectiveness Fee
The Internal Revenue Service on April 12 released proposed regulations to implement and provide guidance on the fees imposed by the… More
Agencies Release FAQs on Implementation of Summary of Benefits and Coverage
The Departments of Labor, Treasury, and Health and Human Service on March 19 published a set of Frequently Asked Questions (FAQ) on the… More
Agencies Request Comments on Contraception Coverage by Religious Affiliates
The Departments of Health and Human Services, Labor, and the Treasury on March 16 released an advance notice of proposed rulemaking… More
HHS Releases Final Rule on State-Based Health Insurance Exchanges
The Department of Health and Human Services (HHS) on March 12 released a final rule to implement and make operational the Affordable Health… More
FinCEN Extends Time for Required Electronic Filing of FBAR
The Financial Crimes Enforcement Network (FinCEN) on February 24 announced a general exemption from mandatory electronic filing of the… More
HHS Bulletin Describes Intended Approach to Actuarial Value Calculations
The Department of Health and Human Services (HHS) on February 24 released a Bulletin outlining the approach the agency would like to take to… More
HHS Guidance Addresses How Essential Health Benefit Policy Would Affect Large Group Health Plans
HHS released in December preliminary guidance on the definition of "essential health benefits" (EHBs) under the Affordable Care Act. … More
IRS Proposed Regulations Exempt Some Non-US Plans from FACTA
The Treasury Department and Internal Revenue Service on February 8 issued proposed regulations implementing the information reporting and… More
Agencies Release Final Rule on Health Plan Summary of Benefits and Coverage
The Departments of Health and Human Services, Labor and Treasury earlier today jointly released final regulations regarding the summary of… More
Treasury and Labor Department Release Proposed Regulations on Lifetime Income Options
The Treasury Department, in consult with the Labor Department, on February 2 released proposed regulations and revenue rulings intended to… More
DOL Releases Final Service Provider Plan Fee Disclosure Rules under Section 408(b)(2)
The Department of Labor on February 3 published in the Federal Register long-anticipated final rules under ERISA section 408(b)(2) requiring… More
DOL Issues Proposed FMLA Regulations Concerning Military Caregivers and Airline Flight Crew
The Labor Department on January 30 issued a proposed regulation to implement two sets of amendments to the Family and Medical Leave Act… More
FINRA Issues Notice Confirming No Conflict with Securities Laws for DOL Disclosure Requirements
The Financial Industry Regulatory Authority (FINRA) on January 26 released Regulatory Notice 12-02, providing guidance on the application of… More
CFTC Releases Final Regulations on Business Conduct Standards
The Commodity Futures Trading Commission (CFTC) on January 11 approved final regulations under the Dodd-Frank Act establishing business conduct standards for “special entities” entering into derivatives transactions. Pension plans are included in the definition of “special entities.” … More
HHS Allows Religious Employers One Extra Year to Comply with ACA Rule on Contraceptives
The Department of Health and Human Services on January 20 published a memo (available at: … More
IRS Clarifies Form 8955-SSA Participant Notice Requirements
The Internal Revenue Service on January 11 released a new Frequently Asked Question (FAQ) addressing when a plan administrator may answer… More
IRS Updates Guidance on Compensation Tables, Determination Letters, Technical Advice
The Internal Revenue Service over the past two weeks released several pieces of guidance updating various employee benefit plan procedures… More
CFTC Approves Final Rules on Business Conduct Standards for Swap Dealers
The Commodity Futures Trading Commission (CFTC) on January 11 approved final rules under the Dodd-Frank Act on business conduct standards… More
IRS Issues New Guidance on W-2 Reporting for Health Care
The Internal Revenue Service on January 3 released Notice 2012-9, which amends existing guidance on reporting the cost of health coverage on… More
