Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Illinois DOL Releases Guidance for Consumer Coverage Disclosure Act
EPIC [Guidance Overview] Dec. 2, 2021 "A new disclosure requirement ... requires employers sponsoring health plans in Illinois to disclose a written list of offered benefits compared to the list of essential health benefits offered by the State of Illinois. According to the rule, because the requirement is on employers, not insurance plans, the disclosure is not preempted by [ERISA]. The [Illinois DOL] provided a sample chart of essential health benefits employers can use to fulfill the disclosure requirement. There are penalties for failure to comply." |
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