For plan years beginning in 2014 or later, PPACA requires that non-grandfathered group health plans impose annual out-of-pocket maximums with respect to "self-only" coverage and family coverage, and the maximums cannot exceed certain dollar amounts. Generally, [...]
The DOL recently issued a Field Assistance BulletinFAB 2014-02. on using apprenticeship and training plan assets to pay for skills competitions and related expenses. This 2014 Bulletin was a follow-on to their 2012 BulletinFAB 2012-01. on [...]
At the end of last month, President Obama signed into law sweeping health care reform legislation affecting multiemployer and single-employer health plans and sponsors, health insurance issuers, and individuals in myriad ways. The legislation consists of [...]
Changes Affecting All Existing Health Plans, Including Multiemployer Plans* Effective Immediately: Health care coverage for an employee's child through year of 26th birthday is now tax free even if not a dependent (i.e., no "imputed income" [...]