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Relationship Manager for Defined Contributions 2 Daybright Financial
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Tolling No More: Preparing for the End of COVID-19 Emergency Declarations
Bass, Berry & Sims PLC
[Guidance Overview] Mar. 8, 2023 "[T]he Outbreak Period [should] end on July 10, 2023 (60 days after the planned end to the NE).... [P]lan sponsors should consider sending a communication to inform participants about deadline changes ... [and] review plan-related documents and participant communications to ensure they reflect accurate deadlines.... The end of the PHE may permit group health plans and insurers to shift some of these costs to participants.... [Plan sponsors should] ensure proper participant notices and communications are timely distributed and no issues arise under the Mental Health Parity and Addiction Equity Act." |
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