Preparing Wrap Document

[Guest JD698]

I need to prepare a Wrap document for a union's health/welfare plan which includes: medical (insured); life insurance (insured) ; prescription (self-insured).

I have never done this before. Does anyone have any samples or suggestions where I can find some.

Any help would be greatly appreciated.

Thank you.

[E as in ERISA]

I don't have a link to a sample -- just something to consider in drafting. The purpose of the wrap is generally to just merge several benefit arrangements into one plan in order to save costs on audit and reporting requirements (e.g., one audit and 5500 instead of ten). So it could be a relatively simple document. However, most of the time the underlying plans don't have documents that are fully ERISA compliant. So in many cases it may be necessary to prepare a more comprehensive document that provides the additional terms. You might want to confirm whether the scope of the project is the former or the latter.