Scheduling
Time & Attendance
Forecasting
HRIS
Payroll
Task Management
Performance Management
Employee Engagement
Benefits
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.
Filed by Jerry Geisel of Business Insurance, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.
Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.
Schedule, engage, and pay your staff in one system with Workforce.com.
Staffing Management
4 proven steps for tackling employee absenteeismabsence management, Employee scheduling software, predictive scheduling, shift bid, shift swapping
Time and Attendance
8 ways to reduce overtime and labor costslabor costs, overtime, scheduling, time tracking, work hours
Don't miss out on the latest tactics and insights at the forefront of HR.