section 1557 Archives

SBC Template and Required Addendums for Covered Entities under ACA Section 1557

March 27, 2017

Affordable Care Act (PPACA), Compliance Alert, Employee Benefits, SBC

Updated March 2017 A Summary of Benefits and Coverage (SBC) is four page (double-sided) communication required by the federal government. It must contain specific information, in a specific order, and with a minimum size type, about a group health benefit’s coverage and limitations. If an employer providing an SBC is a covered entity under the […]

Compliance Recap – December 2016

January 9, 2017

6055/6056 Reporting, ADA, Cafeteria Plan, Compliance Alert, Employee Benefits, Employer Mandate, GINA, HDHP, Health Savings Account, HIPAA, HRA, News, Qualifying Event

December was a relatively busy month for new laws and administrative rulemaking in the employee benefits world. President Obama signed the 21st Century Cures Act into law. The IRS issued a reporting deadline reminder, two information reporting summaries, and Q&As on information reporting. A U.S. District Court issued a nationwide preliminary injunction regarding a portion […]

Seats are filling up fast! Don’t miss out!

September 7, 2016

Affordable Care Act (PPACA), Webinar

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 nation’s leading employment and benefit law firms, Fisher Phillips. Best of all, you can take […]