Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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IRS Revisits 'Minimum Value Lite' Plans; Transition Relief Expiring
Lockton [Guidance Overview] Sept. 1, 2015
"The [IRS] has revisited its fascination with so-called Minimum Value (MV) Lite plans that, as originally designed, claimed to satisfy the [ACA's] minimum value health plan standard without covering inpatient hospitalization or physician services.... Under new proposed rulemaking, plans that relied on transition relief for 2015 won't meet the minimum value standard for 2016 unless the coverage is 'substantial' for both inpatient hospitalization and physician services. The IRS has yet to define 'substantial,' but has asked for comments on this issue."
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