What Constitutes a “Plan Asset” and How Do Employers Allocate and Distribute a Premium Rebate When the Employees’ Contribution to the Group Health Plan is Treated as a Plan Asset? The premium rebate an employer receives from their health insurance provider may be considered a “plan asset.” Under, and subject to, the Employee Retirement Income Security Act (ERISA), if the rebate is considered a “plan asset,” then it must be used within three months of when it is received by the plan sponsor.
Read more »Tag: health insurance
-
Understanding the Medical Loss Ratio Under the ACA: A Guide to Allocating and Distributing the Received Premium Rebate - Part 2 of 2 Posted on: June 06, 2019 In: Labor & Employment
-
Understanding the Medical Loss Ratio Under the ACA: A Guide to Allocating and Distributing the Received Premium Rebate - Part 1 of 2 Posted on: June 05, 2019 In: Labor & Employment
What Should Employers Know About the “Affordable Care Act” and the Medical Loss Ratio? These days, with readily available access to various political and social media platforms, one may find that the phrase “Affordable Care Act” has evolved into a “buzzword” occasionally used to promote a partisan agenda. Regardless of the current political climate and differences in opinions, most employers should have a general understanding and knowledge of the medical loss ratio under the Affordable Care Act (ACA).
Read more »
Blog Search
Featured Posts
- December 02, 2019 ‘Tis The Season: Online Shopping Tips
- November 18, 2019 Tax Considerations for Holiday Gifts to Employees
- November 05, 2019 Equal Pay and Barbie Dolls
- October 25, 2019 Amendments to the California Consumer Privacy Act Signed Into Law
- October 17, 2019 I Can’t Get Sued for Posting a Picture of Myself on Social Media… Can I?
- September 09, 2019 Ransomware Attack Trends: Tips for Prevention & Response
Blog Tags
#metoo
7th circuit
9th circuit
affordable care act
agreements
ban the box
breach of contract
business
california
california supreme court
ccpa
civil action
cobra
colorado
compensation
compliance
confidentiality
conflict waivers
controlled substances act
criminal action
dallas
data security
department of labor
discrimination
double representation
drug policy
eeoc
employee misconduct
employee status
employers
employment
employment agreements
employment application
employment law
equal pay
equal pay act
eu
exempt employee
exempt employees
exemption test
fcra
firing
first amendment
fiscal new year
flsa
free speech
glass ceiling
hacking
harassment
health insurance
hiring
human resources
iep
investigation
labor law
lay off
marijuana
medical leave
medical loss ratio
medical marijuana
me too
minimum wage
new jersey
new york
non-competition
non-disclosure agreements
non-solicitation
notice requirements
overtime
paid sick leave
parental leave
payroll
premium rebate
rate of pay
reduction in force
regulations
resolutions
retaliation
salary
scheduling
secret sauce
settlement
settlements
sex discrimination
sexual harassment
smartphones
social media
supreme court
tax
technology
termination
texas
tip credit
trade secrets
unions
wages
wage transparency
washington
workplace policy
written consent