Pension and Benefits NetNews – December 1, 2014

 

NetNews Subscription

Want to receive these Newsletters via E-mail?

hr.cch.com Resources

About Links in this Newsletter

To access the IntelliConnect™ full text documents you must be a subscriber to the Pension Plan Guide or Employment Benefits Management.

Links within news stories display full text documents including legislation, regulations,
court decisions, rulings and government reports.

The first time you click on a link you will be taken to the IntelliConnect login page, where you will need to enter your ID and password. Subsequent links will take you directly to the desired document.

IntelliConnect

If you aren’t a subscriber call 800-449-9525, or let us contact you about,

Email Us

Contact us by sending an e-mail to

 

Featured This Week

Employee Benefits Management News

  • Health care provider allowed to sue ERISA plans for payment of benefits
  • President’s ‘unilateral actions’ draw strong reaction: GOP sues Obama
  • IRS releases guidance on hardship exemptions from ACA individual shared responsibility payment and minimum essential coverage
  • HHS proposes standards for insurance issuers and Marketplaces in 2016

Pension Plan Guide News

  • PBGC deficit widens due to deterioration in multiemployer program
  • IRS releases 1st quarter update to Priority Guidance Plan
  • EBSA seeks comments on revisions to Form 5500 to reflect reporting changes for multiple-employer

Employee Benefits Management News

Health care provider allowed to sue ERISA plans for payment of benefits

A health care provider had standing, as assignee of plan beneficiaries, to bring claims for payment of benefits against several ERISA-governed health plans and their claims administrator, the U.S. Court of Appeals for the Ninth Circuit ruled. For details, see ¶2082E.

        (Read Intelliconnect) »

President’s ‘unilateral actions’ draw strong reaction: GOP sues Obama

House Republicans filed suit against the Obama Administration over what it refers to as its ‘unilateral actions’ on the Patient Protection and Affordable Health Care Act (ACA) that the GOP claims abuses the power of the president’s executive authority. For more information, see ¶2082H.

        (Read Intelliconnect) »

IRS releases guidance on hardship exemptions from ACA individual shared responsibility payment and minimum essential coverage

The IRS has released final regulations relating to the requirement to maintain minimum essential coverage enacted by the Patient Protection and Affordable Care Act (ACA). Notice 2014-76, released concurrently with the regulations, provides a comprehensive list of all hardship exemptions that may be claimed on a federal income tax return without obtaining a hardship exemption certification. For more information, see ¶2082I.

        (Read Intelliconnect) »

HHS proposes standards for insurance issuers and Marketplaces in 2016

The Department of Health and Human Services (HHS) has issued a proposed rule establishing standards for insurance issuers and Marketplaces for 2016. The proposed rule sets forth payment parameters and information related to the risk adjustment, reinsurance, and risk corridors programs; the cost sharing parameters and cost sharing reductions; as well as user fees for the Federally-facilitated Exchange (FFE). For more information, see ¶2082J.

        (Read Intelliconnect) »

Pension Plan Guide News

PBGC deficit widens due to deterioration in multiemployer

The PBGC has released its annual report showing that the PBGCs deficit increased to about $62 billion in FY 2014 largely due to the declining condition of certain multiemployer plans. For more information, see ¶131U.

        (Read Intelliconnect) »

IRS releases 1st quarter update to Priority Guidance Plan

The IRS and Treasury Departments have released the first quarter update to the 2014-2015 Priority Guidance Plan. For more information, see ¶131P.

        (Read Intelliconnect) »

EBSA seeks comments on revisions to Form 5500 to reflect reporting changes for multiple-employer

EBSA has requested comments on the revision of the Form 5500 information collection to implement annual reporting changes for multiple-employer plans. For more information, see ¶131R.

        (Read Intelliconnect) »

For more information, visit http://www.wolterskluwerlb.com/rbcs.