notices Archives - Bim Group

Compliance Recap // November 2016

December 2, 2016

6055/6056 Reporting, COBRA, Compliance Alert, DOL, Employee Benefits, Health Savings Account, HHS, HRA, IRS, Notices

November was a busy month for administrative rulemaking in the employee benefits world. The Department of Labor’s Employee Benefits Security Administration (EBSA), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) released advance informational copies of 2016 Form 5500 Annual Return/Report. The government released annual benefit plan amounts for 2017. The IRS […]

Compliance Recap // September 2016

October 5, 2016

Benefit and Payment Parameters (BPP), Compliance Alert, DOL, Health Savings Account, HHS, HIPAA, IRS, Notices, SBC, Wellness

September was not a very active month for administrative rulemaking in the employee benefits world. The Internal Revenue Service (IRS), Department of Labor (DOL), and Pension Benefit Guaranty Corporation (PBGC) extended the public comment period for the proposed Form 5500 annual return/report revision. The IRS issued rules defining terms relating to marital status and setting […]

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May 9, 2016October 30, 2017

Communication, ERISA, Human Resources, Notices

Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nations leading employment and benefit law firms, Jackson Lewis LLP. Best of all, you can […]

Temporary Safe Harbor for Online Posting of SBCs

October 9, 2015

Communication, Compliance Alert, Human Resources, Notices, SBC

A Summary of Benefits and Coverage (SBC) is four-page (double-sided) communication required by the federal government under the Patient Protection and Affordable Care Act (ACA). It must contain specific information, in a specific order and with a minimum size type, about a group health benefit’s coverage and limitations. An SBC is required whenever application or […]

Delivering Participant Materials

August 19, 2014

Compliance Alert, DOL, Employee Benefits, ERISA

The Department of Labor (DOL) requires that participant notices and other plan information (“disclosures”) be provided in a way that is reasonably calculated to ensure delivery to all plan participants. The Department of Health and Human Service (HHS) typically follows the DOL’s rules. There are two primary ways to deliver plan information — by paper […]