Jump to content

Welfare benefit plan - SAR and "experience rated" insurance contracts


Recommended Posts

Posted

Under the DOL regulations [sec. 2520.104b-10(d)(4)], we add the following SAR language when it's applicable:

...Of the total insurance premiums paid for the plan year ending (date), the premiums paid under such “experience-rated” contract(s) were ($ ) and the total of all benefit claims paid under the(se) experience-rated contract(s) during the plan year was ($ ).

I can't find any guidance about the definition of "total of all benefit claims paid". I'm guessing that this is the number found on Form 5500, Schedule A, Line 8b(1)?

Any thoughts?

Lori Friedman

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use