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Legislative Updates

Medicare Part D Disclosures Due to CMS

Legislative Update – DOL Releases EBSA Disaster Relief Notice 2021-01 – March 2021

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Quick Facts:Last week, the Department of Labor (DOL) issued new guidance regarding notice and disclosure timeframe relief for employee benefit plans and plan participants due to COVID-19. EBSA Disaster Relief Notice 2021-01 (The Joint Notice) clarifies that the deadline for extended timeframes, such as a COBRA election, will be based upon the date each

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Medicare Part D Disclosures Due to CMS

Legislative Update – IRS Extends ACA Reporting Deadline – October 2020

By Legislative Updates

Quick Facts: In Notice 2020-76, the IRS extended the 2021 deadline for employers and insurers to furnish individual statements on 2020 health coverage and full-time employee status (Forms 1095-B and 1095-C) from February 1 (generally due January 31, but this year it is a Sunday) to March 2, 2021. The notice also extends the good-faith penalty relief to 2020 for incorrect or incomplete reports due in 2021. For more information, including a link to Notice 2020-76, click below:

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