Last week, the DOL and the IRS released a joint final rule and the joint notice Disaster Relief Notice 2020-01. The rule and notice together significantly impact certain timeframes under COBRA, HIPAA special enrollments, and claims administration for plan sponsors and plan participants. These changes include:
• Changes to timeframes for HIPAA special enrollment requests
• Changes to timeframes for COBRA requests and payments
• Changes to claims and appeals requirements, and
• Changes to ERISA disclosure timelines for plan sponsors
In this webinar, Nick Karls (Vice President, Regulatory and Legislative Strategy) and Ben Graves (Director of Research & Compliance) have a conversation about these changes and the examples provided by the agencies.
Watch the Recording:
Please be advised that any and all information, comments, analysis, and/or recommendations set forth above relative to the possible impact of COVID-19 on potential insurance coverage or other policy implications are intended solely for informational purposes and should not be relied upon as legal advice. As an insurance broker, we have no authority to make coverage decisions as that ability rests solely with the issuing carrier. Therefore, all claims should be submitted to the carrier for evaluation. The positions expressed herein are opinions only and are not to be construed as any form of guarantee or warranty. Finally, given the extremely dynamic and rapidly evolving COVID-19 situation, comments above do not take into account any applicable pending or future legislation introduced with the intent to override, alter or amend current policy language.
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