Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Bates & Company, Inc.
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Employers Sponsoring MEWA Plans Should Beware of ACA Non-Compliance Risks
Hill, Chesson & Woody Jan. 22, 2014
"What happens if your employer-sponsored group health plan renews on or after January 1, 2014, but the plan that is being renewed is not compliant with healthcare reform? This situation can arise if the employer is purchasing a plan from a MEWA (multiple employer welfare arrangement) and the MEWA is a non-calendar year plan that renews after the employer renews its group health plan. The employer renewing earlier in 2014 than the MEWA will be purchasing a health plan from the MEWA's 2013-2014 plans, which are likely not compliant with certain provisions of the ACA. The employer would then have that non-compliant plan in place for its entire 2014-2015 plan year[.]"
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |