EBIA Weekly Newsletter

Compliance at Your Fingertips: EBIA’s Benefits Compliance Library 

   October 26, 2017

If you work with employee benefits, you know how quickly things have been changing and how challenging compliance can be. EBIA’s Benefits Compliance Library keeps you up-to-date on the legal requirements, with practical tips, checklists, and sample documents that make your job easier. Here are some of the most recent enhancements you’ll find in our … Read More

Does a Midyear Change to a Plan’s Deductible Require an Update to the SBC?

   October 26, 2017

QUESTION: Our company sponsors a self-insured major medical plan subject to ERISA. We are considering amending our plan midyear to increase the amount of the deductible, with no other changes in the plan terms. Are we required to update our SBC for this change or otherwise provide notice? ANSWER: Yes, increasing the deductible under your … Read More