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Two New Model COBRA Notices Available from the DOL |
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Notices Have Updated Expiration Dates of Jan. 31, 2023
The Department of Labor (DOL) has released updated versions of its model COBRA General Notice and model COBRA Election Notice, both with an expiration date of Jan. 31, 2023. As a reminder, these notices are required to be provided as follows:
Plan administrators must provide covered individuals with a general notice within 90 days after their group health plan coverage begins.
Plan administrators must provide qualified beneficiaries with an election notice within 14 days after receiving notice of a qualifying event (44 days under certain circumstances).
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DOL Releases New Model Employer CHIP Notice |
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Information Current as of Jan. 31, 2020
The Department of Labor (DOL) has released a new model Employer CHIP Notice with information current as of Jan. 31, 2020. As a reminder, employers with group health plans that cover participants in states that provide premium assistance subsidies through Medicaid or the Children’s Health Insurance Program (CHIP) are required to notify their employees annually, regardless of the employer’s location.
The DOL’s model notice, which employers may use for this disclosure, is updated periodically to reflect changes in the states that offer premium assistance subsidies, as well as the contact information for those states. Click here for more information.
If you have questions please contact us at 816.654.6800 or email info@hrfuzion.com.
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HR Fuzion, LLC - All rights reserved | 110 N. Main, Liberty, MO 64068
| Liberty, MO 64068 | 816.654.6800
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Please Note: The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources which we believe to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a 'covered opinion' or other written tax advice and should not be relied upon for any purpose other than its intended purpose.
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© 2020 HR Fuzion, LLC. - All rights reserved
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