Helping you with employer compliance rules!
Here’s a helpful note your clients can share with their employees:
The U.S. Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA), has released a new model Employer CHIP Notice, with information current as of January 31, 2024. You can download the notice by clicking here.
Background
As a reminder, the Children’s Health Insurance Program Reauthorization Act of 2009 (CHIPRA) imposes an annual notice requirement on employers that maintain group health plans in states that provide premium-assistance subsidies under a Medicaid plan or a Children’s Health Insurance Plan (CHIP).
An employer can choose to provide the notice on their own or concurrent with the furnishing of:
- Materials notifying the employee of health plan eligibility;
- Materials provided to the employee in connection with an open season or election process conducted under the plan; or
- The summary plan description (SPD)
Covered Employers
An employer is subject to this annual notice requirement if their group health plan covers participants who reside in a state that provides a premium-assistance subsidy, regardless of the employer’s location.
The DOL’s model notice, which employers may use for this disclosure, is updated periodically to reflect changes in the states that offer premium-assistance subsidies.
If you have any questions, feel free to connect with me through the Ask Janet page. |
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