Webinar: Recent Timeframes, Cafeteria Plan, and Account-Based Plan Relief for Group Health Plans due to COVID-19 - Bim Group

Webinar: Recent Timeframes, Cafeteria Plan, and Account-Based Plan Relief for Group Health Plans due to COVID-19

Tuesday, July 14, 2020
2:00 p.m. ET / 11:00 a.m. PT

Register Now

On March 13, 2020, President Trump issued the Proclamation on Declaring a National Emergency Concerning the Novel Coronavirus Disease (COVID-19) Outbreak and by separate letter made a determination, under Section 501(b) of the Robert T. Stafford Disaster Relief and Emergency Assistance Act, that a national emergency exists nationwide beginning March 1, 2020, as the result of the COVID-19 outbreak. In response, the Department of Labor (DOL), Department of Health and Human Services (HHS), and Internal Revenue Service (IRS), have been active with releasing guidance to help alleviate problems faced by health plans to comply with strict Employee Retirement Income Security Act (ERISA) and Internal Revenue Code (IRC) timeframes and problems faced by participants and beneficiaries in exercising their rights under health plans.

This webinar will:

  • Provide an overview of the extended group health plan timeframes (HIPAA special enrollment periods, COBRA deadlines, claims procedures, and external review process) set forth in the joint notice on extension of timeframes released by the DOL and the Treasury
  • Provide an overview of the relief issued under EBSA Notice 2020-01 regarding required notices and disclosures under Title I of ERISA
  • Discuss the extension of timeframes guidance from CMS for governmental health plans
  • Discuss best practices for amending plan documents and notifying plan participants of extended group health plan timeframes
  • Provide an overview of the new guidance contained in IRS Notice 2020-29 (including the cafeteria plan election changes and extended claims period for health FSAs and DCAPs)
  • Provide an overview of the new guidance contained in IRS Notice 2020-33 (including the increased health FSA carryover amount and reimbursement of premiums paid before the first day of the plan year)
  • Discuss best practices for amending plan documents and notifying plan participants of changes made in accordance with IRS Notice 2020-29 and IRS Notice 2020-33

This intermediate-level webinar will help employers understand new guidance that has been released and provide best practices for amending plan documents and notifying plan participants of plan modifications.

Register today while seating is still available.

NOTE: If you would like to view the webinar but are not able to attend, we encourage you to still register as you normally would. All registrants will receive a replay and copy of the presentation afterwards. 

If you are a Bim Group client and missed the client-specific invitation, please email info@bimgroup.us with the CLIENT NAME in the subject line to have the preferred employer code emailed to you.

 


PRESENTER

Chelsea Deppert is an associate in the Atlanta office of Fisher Phillips. She provides practical guidance to employers on the technical aspects of the Employee Retirement Income Security Act (ERISA) and other state and federal laws impacting the design, implementation and ongoing compliance of employee benefit plans and programs. She advises clients with respect to all aspects of employee benefits, including retirement plans, health and other welfare benefit plans.

 

This series is brought to you by your Partner Firm of United Benefit Advisors — the nation’s leading independent employee benefits advisory organization with more than 200 Partner offices in the United States, Canada, and the United Kingdom.

 

Recent Insights

April 22, 2024
News

Do You Know Where Your Employees Are? Managing Taxes for a Growing Remote Workforce

READ TIME: 5 MINUTES Remote work remains a growing focus of employers with employees increasingly seeking jobs that permit remote or hybrid work arrangements. Though the flexibility and benefits of remote work for employees is highly desired, it comes with some additional considerations and potential tax complications for the employer. State Income Tax Withholding Considerations […]
Read more
April 22, 2024
COBRA, Compliance Alert

Group Health Plan Guide to COBRA

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits due to job loss, reduction in hours, death, divorce, and other life events the right to choose to temporarily continue health benefits provided by their group health plan. This guide includes: Employers required to offer COBRA Plan types […]
Read more
April 8, 2024
HIPAA

Timely Responses Required for Requests under HIPAA’s Right of Access Rule

READ TIME: 4 MINUTES On December 15, 2023, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR), announced a settlement under the Health Insurance Portability & Accountability Act (HIPAA) Right of Access Rule. This penalty illustrates that the Right of Access Rule remains a focus of HHS and that health […]
Read more
April 8, 2024
Compliance Alert

March 2024 Compliance Recap

READ TIME: 7 MINUTES ACA reporting is in its first year of the required electronic reporting for employers filing ten or more returns annually. Employers and employees must make changes to HSAs by the April 15 deadline. Employers of all sizes continued to prepare for the June 1 RxDC Reporting using the newly released instructions. […]
Read more