By Staff Report
Jun. 11, 2010
Retiree-only health care plans would be “grandfathered” and exempt from key requirements mandated by the new health care reform law, according to draft regulations prepared by the Internal Revenue Service and the departments of Labor and Health and Human Services.
Among other things, the exemption, if finalized, would mean retiree-only health care plans would not have to comply with health reform provisions such as a ban on lifetime dollar limits and the requirement that coverage be extended to adult children up to age 26.
The draft regulations also deal with numerous other situations detailing when existing health care plans would have to comply with requirements laid down by the health care reform law.
It isn’t known when the regulations will be officially released, though benefit consultants say government sources have told them that an official release could come soon, possibly in a matter of days.
We build robust scheduling & attendance software for businesses with 500+ frontline workers. With custom BI reporting and demand-driven scheduling, we help our customers reduce labor spend and increase profitability across their business. It's as simple as that.
BenefitsEEOC says that employers legally can offer incentives to employees to get vaccinated in almost all instances
If you’re an employer looking to get as many of your employees vaccinated as possible, you can rest eas...
ADA, CDC, COVID-19, EEOC, GINA, pandemic, vaccinated
BenefitsFixing some common misconceptions about HIPAA
Ever since the CDC amended its COVID-19 guidance to say that the fully vaccinated no longer need to wea...
COVID-19, health care, HIPAA, human resources, wellness
BenefitsWe are in the midst of a public mental health crisis; how employers can help
Do not ignore these issues or your employees who are living with them. Mental health illnesses are no d...
ADA, benefits, Coronavirus, FMLA, mental health, paid time off