ERISA Reporting Requirements Employer or association health plans must follow ERISA’s Reporting and Disclosure Requirements to stay compliant with the ACA. These requirements promote transparency and protect plan participants’ interests across all benefit offerings. To remain compliant, employers and associations should
ERISA Fiduciary Responsibilities Employer or association health plans must meet ERISA fiduciary responsibilities to protect participants’ interests. These responsibilities ensure proper group health plan management. Moreover, to remain ACA compliant, employers must address key items and potential challenges. Therefore, Enrollment First,
ERISA Reporting and Disclosure Under the Employee Retirement Income Security Act (ERISA), employers must follow several health plan regulations and compliance rules. These regulations require employers to offer health plans that meet comprehensive and compliant standards. For example, small businesses and
Affordable Care Act Compliance (ACA) Remaining ACA compliant requires individual, employer, and association health plans to meet all preventive service coverage rules. Importantly, preventive services play a key role in meeting ACA standards for both individual and group health plans. Therefore,
Affordable Care Act Coverage Requirements To stay ACA compliant, individual, employer group, and association health plans must focus on key compliance requirements. One critical factor involves understanding the requirement to offer essential health benefits. However, not all essential health benefits may
What Constitutes an ACA Compliant Health Plan? The Affordable Care Act (ACA) set specific criteria for health plans to meet ACA compliance, regardless of where they are purchased. In this article, we will explore the relevant ACA compliance criteria for individual
The Rise and Fall of Association Health Plans: A Look Back at the 2018 Ruling and its Pending Rescinding in 2024 The concept of Association Health Plans (AHPs) has been a subject of debate and controversy in recent years. AHPs aim
AHP's Alternative Health Plans Explaining Association Health Plans: Understanding the Role of ERISA and Offering Coverage to Individuals Association Health Plans (AHPs) have gained attention as an alternative option for health coverage. These plans, governed by the Employee Retirement Income Security
Mental Health Parity Employer or association health plans must ensure compliance with the Mental Health Parity and Addiction Equity Act (MHPAEA) to provide equitable coverage for mental health and substance use disorders. This rule requires that health plans offer mental health
Non-Discrimination Rules Ensuring compliance with the non-discrimination rules set forth by the Affordable Care Act (ACA) is crucial for employer or association health plans to maintain their ACA compliance. These rules are designed to prevent discrimination in group health plans based
