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Compliance January 28, 2013
EBSA Issues FAQs About Affordable Care Act
January 28, 2013 (PLANSPONSOR.com) – The Employee Benefits Security Administration (EBSA) has released additional Frequently Asked Questions (FAQs) regarding implementation of various provisions of the Affordable Care Act (ACA).
Reported by Rebecca Moore
Some of the issues the questions deal with include employer requirements for providing notices to employees about exchanges, compliance for health reimbursement arrangements (HRAs) and circumstances under which fixed indemnity coverage constitutes excepted benefits.
The agency noted it anticipates future guidance addressing HRAs.
The FAQs were prepared by the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury. The departments anticipate issuing further responses to questions as well as other guidance in the future.
The latest guidance is at http://www.dol.gov/ebsa/faqs/faq-aca11.html.