DOL updates Health Benefits Advisor tool

The DOL announced that Health Benefits Advisor for Employers has been updated.  This tool provides an overview of certain federal laws that can affect group health plans.  It is worth checking out!

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A flurry of governmental guidance

The government agencies have been full throttle when it comes to issuing guidance.  We have just posted three ErisaALERTs to our website and still have a few in the works!

ErisaALERT 2012-04 discusses a package of guidance related to securing lifetime income.

ErisaALERT 2012-05 discusses the final Summary of Benefits and Coverage regulations.

ErisaALERT 2012-06 discusses the recently issued FAQs regarding the Summary of Benefits and Coverage requirements.

Stay tuned, there will be more!

DOL posts transcripts from proposed definition of fiduciary public hearings

The Department of Labor's Employee Benefits Security Administration has updated its website with the following:
Public Hearing Transcript regarding the Proposed Regulation on the Definition of Fiduciary:

• March 1, 2011 Transcript, available at http://www.dol.gov/ebsa/pdf/1210-AB32-HearingTranscript1.pdf
• March 2, 2011 Transcript, available at http://www.dol.gov/ebsa/pdf/1210-AB32-HearingTranscript2.pdf

Be forewarned, there are over 800 pages!