News 2017-08-20T09:17:05+00:00

ERISAPros News

Updated SBC Templates Apply for 2018 Open Enrollment

“Given the current House and Senate ‘repeal and replace’ ACA legislation, many employers are wondering if they need to take the time to revise their SBCs to comply with the new template and requirements. The short answer is use of the new SBC templates is still required. Both the House-passed […]

By | August 14th, 2017|

Premiums the Big Factor in Health Plan Enrollment

“After eliminating employee premiums for all coverage tiers, HSA-eligible health plan enrollment increased from 4 percent to 25 percent among individuals with employee-only coverage and from 2 percent to 31 percent among individuals with family coverage…. Offering coverage with no payroll deduction attracted individual enrollees who were marginally healthier than […]

By | August 8th, 2017|

Economy Needs Workers, but Drug Tests Take a Toll

“Just a few miles from where President Trump addressed his blue-collar base last Tuesday night, exactly the kind of middle-class factory jobs he has vowed to bring back from overseas are going begging.

It’s not that local workers lack the skills for these positions, many of which do not even require […]

By | August 2nd, 2017|


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By | July 10th, 2017|

SPD Was Enforceable Despite Referencing a Nonexistent Plan Document

In litigation involving a health plan reimbursement claim, the Fifth Circuit ruled that a plan’s summary plan description (SPD) could serve as the plan’s “written instrument” under the Employee Retirement Income Security Act of 1974 (ERISA) (that is, the plan document) in the absence of a separate written instrument. The […]

By | July 3rd, 2017|

COBRA and Second Qualifying Events – When Does the Clock Start?

“If the initial qualifying event that triggers an individual’s COBRA rights is terminating employment or reducing hours of employment, subsequent qualifying events may result in an extension of the maximum COBRA coverage period for certain qualified beneficiaries…. Note that a covered employee is not a qualified beneficiary with respect to […]

By | June 14th, 2017|

Could Your Incentive Plan Be Subject to ERISA?

“Many incentive or bonus plans make payments or deliver stock within 2-1/2 months after the end of the year the participant became vested in order comply with the short-term deferral exception of Code Section 409A. However, some incentive plans provide for accumulations, multi-year periods, and mandatory deferrals. These plans may […]

By | June 7th, 2017|
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