Document preparation and annual compliance with the requirements of ERISA are a prerequisite to a healthy and effective employee benefit plan. The following is a brief outline of the items to review and confirm that they are in place for every employee health and welfare benefit plan subject to ERISA:
This includes the coverage arrangements, contributions and the SPD).Summary Plan Description (SPD) – The primary vehicle for informing participants and beneficiaries about their plan and how it operates. Required information may be in addition to what is prepared by an insurer or plan.
Notice of the right to purchase temporary extension of group health when coverage is lost due to a qualifying event.
- Notice of Special Enrollment Rights
- Employer CHIPRA Notice
- Wellness Program Disclosure if applicable
- Newborns’ Act Description of Rights
- Michelle’s Law Enrollment Notice