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Proposed Regs Expand Definition of Excepted Benefits
McDermott Will & Emery
[Guidance Overview] Jan. 29, 2014
"Employers should review their dental, vision and EAP benefits to determine whether the benefits now meet, or could be designed to meet, the expanded definition of excepted benefits in the proposed regulations. Employers should conduct an analysis to determine the feasibility of providing the limited wraparound coverage to eligible employees and whether it makes sense for the employers' population. Finally, if changes are made to plans to amend existing benefits or add benefits that will qualify as excepted benefits under the expanded definition added by the proposed regulations, employers should update plan documents and summary plan descriptions and review and revise enrollment materials and employee communications as necessary to reflect any changes."
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