Page 1 - SEP 2013 COPE NEWSLETTER

(continued from front cover)
ing the date of hire; or (f)
91st day following the date of
hire. In addition to changing
this with your carrier, your
plan documents must be up-
dated as well).
IF YOU ARE A
IF YOU ARE A
PARTICPANT IN OUR
PARTICPANT IN OUR
COPE PROGRAM, THESE
COPE PROGRAM, THESE
REQUIREMENTS WILL BE
REQUIREMENTS WILL BE
PROVIDED TO/FOR YOU.
PROVIDED TO/FOR YOU.
COPE Issue 8 SEP 2013
What Do You Think About COPE?
What Do You Think About COPE?
We are confident you will like the new name, the new format and added infor-
mation. Your comments and suggestions are always welcome.
Let us know. Send your comments and suggestions to Jim Fournier, Compli-
ance Officer, at Salus Group, COPE@thesalusgroup.com.
ISSUE YOUR
09 EMPLOYEE BENEFITS &
Industry Trends PPACA COMPLIANCE
RESOURCE
SEP 2 0 13
More and more employers are becoming anxious about compliance concerns surrounding their em-
ployee benefits—specifically health care insurance. Don’t wait until the last minute, be pro-active
and sign up for one of the many employer seminars/webinars facilitated by Salus Group.
Upcoming Events—Health Care Reform Meetings/Webinar
PEOPLE ARE this issue
PEOPLE ARE
RAVING ABOUT IT
September 10, 2013—Moon Chapter of Credit Unions PPACA Events for CUs with RAVING ABOUT IT IMPORTANT NEWS P.1
50+ FTEs. Muskegon Community College. 6—8 PM KYC —Keeping You Compliant P.2
2
Employee benefits compli-
ance services from Salus Compliance Question of the Month P.3
Group—Compliance Over-
September 13, 2013—Oakland County Chapter of Credit Unions PPACA Events for sight Program for Employers Industry Trends & Upcoming EventsP.4
CUs with 50+ FTEs. Genisys CU, Auburn Hills, MI. 8:30 AM (COPE).
COPE is a unique program
October 1-2, 2013—MCUL People & Performance Institute (formerly the HR & Train- available to only Salus Group
The Clock it Ticking...Are You Ready ?
clients which combines sever-
ers Institute), Soaring Eagle Casino & Resort al important and time- The Clock it Ticking...Are You Ready ?
consuming services to free Other than unexpected announcements insurance coverage by clicking HERE.
you of the hassle and devote like the one on July 3rd which delays You can get the DOL model notice for
more time you’re your busi-
Click here for more information, registration and other new dates and times. ness.
the reporting aspects of ACA for large employers NOT OFFERING employee
Services in the COPE pro- employer groups, we should all be health coverage by clicking HERE. Both
gram include: thinking about the following mandates of the links are an editable Word version
Preparation of, and updates and strategies. of the notice.
A Salus Group Publication © Copyright 2013 All Rights Reserved to, your Health & Welfare Plan
Document/SPD.
Marketplace Notice to Employees — (For Salus Group clients on our COPE
Marketplace Notice to Employees
Distribution of mandates no- this is the notice that was due on March program, this notice will be provided
tices to employees 1, 2013 and was postponed. On July to you and/or delivered to your em-
COBRA services for employ- 18th the Department of Labor (DOL) ployees by September 27th).
ers who must offer COBRA
Administration of all carrier released it model versions of this notice New-Hire Wait Period Change
along with its deadline. There are two New-Hire Wait Period Change—in order
business written by Salus
Group (2) versions of the notice—one for em- to comply with ACA, plans renewing on
ployers offering health coverage and 01/01/2014 and after must have a new-
Consolidated billing of all in-
surers through Salus Group another for those who will not offer cov- hire wait period of no more than 90 days.
erage. Along with the model versions This means, your new hire wait period
...and much more. was the announcement that the appro- must be one of the following: (a) date of
The largest advantage to COPE priate notice must be delivered to em- hire; (b) first of the month following date
is the preparation and mainte- ployees (both full-time and part-time) no of hire; (c) 31st day following date of hire;
nance of your mandated plan later than September 30, 2013. In addi- (d) first of the month following 30 days
document for Health and Wel- tion, this notice must be given to all following date of hire; (e) 61st day follow-
fare Plans.
newly-hired employees (both full-time
This is not a new requirement, and part-time) beginning on October 1, (continued on back cover)
cover)
on
continued
back
but enforcement of 2013 . You can get the DOL model no-
CONTINUED ON BACK tice for employers OFFERING health
CONTINUED ON BACK