Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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IRS Notice 2012-31 Addresses 'Minimum Value' Determination for Employer-Sponsored Health Plans (PDF)
Buck [Guidance Overview] May 15, 2012
"Basing minimum value on benefits generally offered in the large-employer market, which entails recognizing that those plans do not have to offer essential health benefits, is an important distinction that will help large-employer plans meet the minimum value threshold.... The guidance asks for comments on any other benefits (such as wellness benefits) that should be reflected in the calculation of minimum value.... The IRS guidance does not provide any further clarification on how the employer contributions to an HSA or HRA would be adjusted. If the full value is not reflected, a plan could fail to meet the minimum value threshold."
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