American Health & Wellness
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| Legislative & Compliance Brief |
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This week's topic deals with:
On Feb. 20, 2014, the Department of Labor issued two rules on the 90-day waiting period limit.
The rules apply for plan years beginning on or after Jan. 1, 2015 and prohibits group health plans and group health insurers from applying any waiting period that exceeds 90 days. However, a one-month orientation period is a permitted eligibility condition. Further, rehired employees may be required to satisfy the waiting period again.
The final regulations apply for plan years beginning on or after Jan. 1, 2015. For plan years beginning in 2014, the Departments will consider compliance with either the 2013 proposed regulations or the final regulations to constitute compliance with the 90-day waiting period limit requirement. Employers may require employees to successfully complete a reasonable and bona fide employment-based orientation period as a condition for eligibility for coverage under a plan. The waiting period limit does not require an employer to offer coverage to any particular employee or class of employees, including part-time employees. The waiting period limit only prevents an otherwise eligible employee (or dependent) from having to wait more than 90 days before coverage under a group health plan becomes effective.
To read more on this topic, click here.
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If you have any questions about this Legislative Brief or how healthcare reform will affect your company, please feel free to contact either Mike Weiss, president of American Health & Wellness ( [email protected] ) or myself.
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"Our mission is to combine state-of-the-art employee benefit programs with onsite wellness services that reduce your costs and improve the health of your employees"
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American
Health & Wellness
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