HHS Updates CLAS Requirements

in Affordable Care Act, Health Benefits

Have you ever noticed that EOBs are now five pages long?  I recently received one in the mail that needed it's own table of contents.  One of the reasons is that the ACA requires non-grandfathered group health plans to provide  notices (such as EOBs and SBCs) in a culturally and linguistically appropriate manner, referred to as the CLAS requirements.    The regulations implementing this requirement also require non-grandfathered health plans to make certain accommodations for...Continue Reading

2015 PBGC Premium Rates Published

in Retirement Plans, Welfare Benefits

The Pension Benefit Guaranty Corporation on October 24, 2014, published its increased premium rates. The per participant flat premium rate for single employer plans increased to $57 in 2015 (up from $49 in 2014). The per participant flat rate premium for multiemployer plans reflected a smaller increase to $13 in 2015 (up from $12 in 2014). Variable-rate premiums ("VRPs") have also been increased from the 2014. VRPs are only paid by single employer plans and are structured as a premium...Continue Reading