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ARTICLE · 20 MAY 2014

Employee Benefits Update May 2014

Reinhart, Boerner, Van Deuren SC
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The Department of Labor issued additional Frequently Asked Questions regarding Affordable Care Act implementation.

United StatesEmployment and HR
Steven Huff
Steven Huff
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DEPARTMENTS ISSUE UPDATED MODEL COBRA NOTICES AND ADDITIONAL GUIDANCE ON ACA IMPLEMENTATION

On May 2, 2014, the Department of Labor, Health and Human Services and the Treasury (Departments) issued additional Frequently Asked Questions (FAQs) regarding Affordable Care Act (ACA) implementation. The informal guidance addresses issues related to Consolidated Omnibus Budget Reconciliation Act (COBRA) model notices, limitations on cost-sharing, coverage of preventive services, health flexible spending account (FSA) carryover and excepted benefits and summaries of benefits coverage.

Updated COBRA Model Notices

Updated versions of the model COBRA general notice, election notice and Children's Health Insurance Program Reauthorization Act of 2009 (CHIPRA) notice are now available. These updated model notices better explain an individual's health coverage options in the ACA Marketplace. Use of the models (once appropriately completed) is generally considered to constitute

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