Wednesday, July 3, 2013

July 1 Came and Went with No 105(h) Non-Discrimination Regulations

This is from E is for Erisa:
...June 30, 2013 came and went without the Treasury Department publishing proposed regulations on nondiscrimination rules for insured health plans. The ACA imposes these rules but the Treasury Department has suspended enforcement of them, pending issuance of regulatory guidance. As tax regulations generally cannot go into effect earlier than 6 months after publication, they needed to have been published by June 30 in order to take effect January 1, 2014. It now appears possible if not likely that the nondiscrimination rules will not take effect until 2015, to allow employers who must commit to insurance policies on a 12-month cycle adequate time in 2014 both to understand the new regulations and to make plan design changes as needed. in order to comply with them....