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FAQs on Implementation of Transparency in Coverage Regulations (ACA Part 61)
Read Time: 6 Minutes

The Department of Labor (DOL), the Internal Revenue Service (IRS), and the Department of Health and Human Services (HHS) (collectively, the "Departments") recently issued FAQ guidance on Part 61 of the Affordable Care Act (ACA), addressing the implementation of the transparency in coverage regulations as well as related transparency provisions in the Consolidated Appropriations Act, 2021.

 
WEBINAR
Compliance Considerations for Self-Funding

Tuesday, November 14, 2023
2PM EST

Attend this month's webinar to gain an understanding of the rules and regulations that govern self-insured health plans.

Gain insights into:

  • The plan exemption from state insurance laws
  • The Affordable Care Act and Consolidated Appropriations Act reforms that apply and how they differ from fully insured plan requirements
  • Required plan documents, annual notices, and non-discrimination tests

Registration Code: UBA410EW
Earn Recertification Credits
This webinar has been submitted to the Human Resource Certification Institute and the Society for Human Resource Management to qualify for 1 recertification credit hour.
The use of the HRCI seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval. Kutak Rock is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP®.
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Question of the Week

Q: We recently made a couple of small updates to our employee handbook. Do we need to have employees sign a new handbook for each update?

A: No. For small, minor updates, you don’t need employees to sign off, especially if you simply made an administrative change like updating the name of your employee assistance program provider, correcting a typo, or adding a clarifying statement. A simple communication to all employees to let them know that the change has been made, why, and where to find the change should suffice as notice.


Visit the Insights Blog for the latest employee benefit news, trend analysis, regulatory insight, HR tips and more!

Have a compliance question? We're here to help! Simply reply to this email or send a new email to info@bimgroup.us
 


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