Dept. of Labor Targets Undisclosed Fees.
Are you sure that your brokers and consultants disclose all their compensation? Plan administrators face penalties for hidden broker pay.
If a terminated employee elects COBRA can they later enroll in a Health Insurance Marketplace plan?
If a terminated employee elects COBRA can they later enroll in a Health Insurance Marketplace plan? Compliance Tip: Ensuring that departing employees understand their COBRA rights AND responsibilities is crucial. If an employee elects COBRA continuation coverage, they will have another opportunity to request special enrollment in a Marketplace plan or new group health plan […]
What is a “controlled group”?
What is a “controlled group”? Compliance Tip: Thoroughly analyze which organizations and sponsored ministries might be considered under diocesan or Religious Order control. For benefits purposes, a controlled group defines which organizations and employees a parent organization is responsible for providing compliant plans for. Under I.R.C. § 414(c)(2), the general rule is that an organization […]