Hrserviceinc.com

Employee Benefits Compliance Check List

All plan administrators and individuals managing benefits must follow fiduciary requirements, looking out for the best interests of participants while managing plans to comply with all requirements. These fiduciary requirements include: 1. Ensuring qualified … See more

Actived: 6 days ago

URL: https://www.hrserviceinc.com/employee-benefits-compliance-checkup/

Benefit Plan Timeframe Extensions

WEBOctober 15, 2020. December 14, 2020. After the 60-day extension expires, the normal compliance timeframe will start. The benefit time-frames for the following plan conditions …

Category: Health Go Health

An Employee s Guide to Health Benefits Under COBRA

WEBA group health plan must offer continuation coverage if a qualifying event occurs. The employer, employee or beneficiary must notify the group health plan of the qualifying …

Category: Health Go Health

Welcome to HR Service Inc's Plan Document System

WEBThe premium or HSA contribution is actually deducted before taxes are calculated. Employees save from 20% to 40% of their pre-tax premium or contribution deductions in …

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Employee Notification Requirements-HR Service Inc

WEBThe following employee notification requirements are required to be given to employees when medical insurance is offered: MHPA (Mental Health Parity & Addiction Equity Act) …

Category: Medical Go Health

HIPAA Compliance Assessment

WEBHR Service provides broker and client solutions to benefit ERISA compliance and HR, ensuring organizations meet ERISA and Department of Labor (DOL) requirements for …

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SPD ERISA Requirements

WEBERISA requires that an SPD is distributed to covered participants within 90 days after coverage begins, or within 120 days of a new program being established. An updated …

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HR Trends: How State Laws Affect Compliance in HR

WEBOne of the biggest HR trends catching on across the U.S. is state pay transparency laws. California was the state that began this trend, with New York and Washington quickly …

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SPD Notice Delivery Requirements

WEBEmployers offering health and welfare benefits such as medical, dental, life, and disability insurance must provide all participants with a Summary Plan Description (SPD) or an …

Category: Medical Go Health

Changes To Section 125

WEBNOTICE 2020-33: SECTION 125 CAFETERIA PLANS – MODIFICATION OF PERMISSIVE CARRYOVER RULE AND TIMING FOR REIMBURSEMENTS BY HEALTH PLANS. …

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Form 5500 Reporting

WEBThe 5500 reporting requirements are intended to ensure that employee benefit plans follow specific standards. These standards include that benefit participants have access to …

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ACA Reporting Requirements 2023 Update HR Service, Inc.

WEBFor 2023 the FPL safe harbor threshold for mainland USA in 2023is $103.15. Any employee-only premium that is equal to or less per month for health coverage meets …

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CAA Compensation Disclosure For Group Insurance Brokers

WEBOn December 27, 2020, former President Trump signed into law the Consolidated Appropriations Act (CAA). Among the many thousands of pages of this law, one section …

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Summary Plan Description

WEBMake SummaryPlan Description Management Easy. The Summary Plan Description (SPD) is an ERISA-required document you must distribute to participants or employer …

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Employer Abortion Policy Considerations HR Service, Inc.

WEBEmployer Abortion Policy Considerations. On June 24, 2022, in Dobbs v. Jackson, the U.S. Supreme Court ruled that the U.S. Constitution does not protect the right to obtain an …

Category: Health Go Health

Compliance Toolkit

WEBCAA Compliance. No Surprises Act Prevention of Surprise Bills for Patients Seeking Care from an Emergency Room or Freestanding Emergency Care Facility. When an individual …

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Sample Notice of Coverage Continuation (“Mini-COBRA”) Form

WEBNOTICE OF YOUR RIGHT TO CONTINUE HEALTH PLAN COVERAGE | 3 Version 20190123 If you elect to subscribe to Continuation Coverage, the coverage shall be …

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Sample Agreement To Pay Insurance Premiums

WEBDear (employee name), Below is confirmation of your agreement to pay the employee portion of the insurance premium cost for the continuation of your benefits coverage …

Category: Health Go Health

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