Understanding Employee Benefits

408(b) (2) Disclosures – That Wasn’t So Bad Was It?

By

Last week I received copies of the first new fiduciary fee disclosures required by final Department of Labor Regulations under ERISA Section 408(b) (2).  Fee disclosures were received from Fidelity Investments and Prudential Financial, providers to two client retirement plans.  The details of the required disclosures are described in my... Read More

Topics: Fiduciary Guidance, Health Plan, Welfare Plans

Which Employer Plans are Required to Pay the Patient-Centered Outcomes Research Trust Fund Fee?

By

This is the second blog post discussing the recently proposed regulations (on which taxpayers can rely) on the Patient-Centered Outcomes Research Trust Fund fee. The first post is here. This new fee, required to fund the Patient-Centered Outcomes Research Institute, is imposed under the Patient Protection and Affordable Care Act... Read More

Topics: Health Care Reform, Health Plan

Health Care Reform Challenges – Oral Arguments at the Supreme Court

By

On Monday March 26th, almost exactly two years after its enactment on March 23, 2010, the United States Supreme Court will begin the first of three days of oral arguments relating to the health care reform law, the Patient Protection and Affordable Care Act of 2010 (“PPACA”). The Supreme Court... Read More

Topics: ERISA and Other Benefits Litigation, Health Care Reform, Health Plan, Welfare Plans

Can You Decline Medicare if You Take Social Security?

By

The US Court of Appeals for the District of Columbia Circuit recently said no. A group of seniors, including former US House Majority Leader Dick Armey, had sued the federal government to be allowed to accept Social Security payments, but decline Medicare coverage. They preferred to keep their private coverage to being... Read More

Topics: Health Plan