Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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New Regulations Address Assorted Health Care Reform Topics
Ballard Spahr LLP [Guidance Overview] June 24, 2010 Excerpt: The regulations make several significant clarifications, including: A 'rescission' is defined to be the retroactive discontinuance of coverage. The rules do not apply to prospective terminations. Retroactive termination for the failure to pay premiums timely will be permitted. At least 30 days' advance written notice must be provided for a rescission (even though the effect will be retroactive). |
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