May 21, 2020 | 2:00pm - 3:00pm CST
May 22, 2020 | 11:00am - 12:00pm CST
The DOL and IRS have issued rules that extend several important benefits deadlines due to the COVID-19 national emergency. The new rules extend the time frames for COBRA elections, COBRA payments, and HIPAA special enrollments. The DOL also issued Disaster Relief Notice 2020-01 which gives employers some flexibility in the timing of ERISA required disclosures. The extension of COBRA election and payment timelines means that eligible participants will be able to wait to elect COBRA for longer than the normal 60 day election period, and employers will not be permitted to terminate COBRA coverage due to nonpayment for an extended period of time. Deadlines for mid-year election change subject to the HIPAA special enrollment rules are also extended. We were planning to cover Medicare and employee benefits issues in this month's compliance webinar, but due to these developments we will be covering these important rules instead, and will hold our Medicare webinar at a later date.