COVID-19 Employer Advisory Session: Cafeteria Plan & COBRA Compliance Update
What Does the New Guidance Mean for Your Health Plans and Flexible Spending Programs?
Our goal is to help employers better understand the recent guidance in response to the current COVID-19 pandemic. In this discussion, Darren Ambler, Principal, Managing Consultant, covers the impacts of the new IRS changes that affect employer-sponsored group benefits plans. Many employers are unsure of what changes they need to implement and which ones are optional. More specifically, Darren reviews:
- Emergency Period Relief for COBRA and Qualifying Events
- New Model COBRA Election Notice
- Mid-Year Changes for Group Health Plans and FSA Plans
- Extended Time Period to Spend Medical and Dependent Care Account Funds
- Health FSA Carryover Amounts
- Plan Document and Employee Communication Requirements
Click the video above to view the session.
Looking for more guidance? View additional advisory sessions here: COVID-19 Employer Advisory Session library.
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