Compliance Webinar: Employer Alert! Regulators Make Big Changes to Benefit Plan Notice and Disclosure Deadlines Due to COVID-19 National Emergency
May 6, 2020
As you may know, Lyons Companies provides monthly employee benefits compliance webinars through our Assurex partnership. The next scheduled webinar is Thursday, May 21, 2020 on the topic of changes in regulations due to COVID-19.The DOL and IRS have issued rules that extend several important benefits deadlines due to the COVID-19 national emergency. The new rules extend the time frames for COBRA elections, COBRA payments, and HIPAA special enrollments. The DOL also issued Disaster Relief Notice 2020-01 which gives employers some flexibility in the timing of ERISA required disclosures. The extension of COBRA election and payment timelines means that eligible participants will be able to wait to elect COBRA for longer than the normal 60 day election period, and employers will not be permitted to terminate COBRA coverage due to nonpayment for an extended period of time. Deadlines for mid-year election change subject to the HIPAA special enrollment rules are also extended.
Due to the topic change and increased interest, they are very close to hitting registration capacity for the Thursday, May 21st webinar.
With that said, they are now offering a 2nd session.
The additional session will be Friday, May 22nd at noon ET/11 am CT.
To register for the second session, click here