Wrap Plan help

[waid10]

Can anyone recommend a good source for drafting a Wrap Plan? I am working on drafting one for the first time and need a good resource.

I know that another person had a post from four years ago that he had written an article about drafting wrap plans in the late 1980s. I couldn't track that article down. Plus, I worry since it is not very current.

Thanks.

[Ron Snyder]

I don't have a source, but all I did was take a full-blown plan document and eliminated the sections (not the Articles) that were dealt with in the Plan Summary and inserted new sections that referred to the plan summary.

I worked through the entire plan document in like manner, leaving in those provisions that were required by law or advisable, and eliminating those that were superfluous or redundant. I kept a separate article for each plan wrapped to refer to it by name.

Similarly, I prepared a supplemental page or pages to be distributed with the Plan Summary so that it would meet the DOL's SPD requirements.

At the end I was astounded at how incompetent/callous in their disregard for federal law (and for their customers' compliance therewith) certain insurance companies are.

[Kirk Maldonado]

VebaGuru:

I'm not surprised in the least. I've seen COBRA notices prepared by insurance companies that were less than half a page.