The U.S. Department of Labor (DOL) has issued a new proposed rule that would establish a new electronic delivery option for group health plan (GHP) administrators to furnish disclosures required under ERISA. The proposed rule, if finalized, would apply to GHPs on the first day of the first calendar year following publication of the final rule. The proposal aims to reduce the administrative burdens related to delivery of GHP disclosures and to improve participants’ ability to

Group health plan (GHP) sponsors that offer prescription drug (Rx) coverage must, at least annually, notify Medicare Part D eligible individuals and the Centers for Medicare & Medicaid Services (CMS) of their plan’s creditable coverage status. Both disclosures (to Medicare Part D eligible individuals and to CMS) must meet specific form, content and timing requirements as prescribed by CMS . This update addresses the required disclosure to CMS and reminds plan sponsors that on

Group health plan (GHP) sponsors that offer prescription drug (Rx) coverage must, at least annually, notify Medicare Part D eligible...

Each year group health plan (GHP) sponsors that provide prescription drug coverage are required to annually disclose to Medicare ( Part D...

The federal agencies have issued FAQ guidance addressing provisions of the Consolidated Appropriations Act, 2021 that prohibit “gag...