Friday, March 20, 2009

Department of Labor Issues Notice and Guidance on NEW COBRA Requirements

Governance – Risk – Compliance & Data Privacy Watch Item:
March 25 HIPAA Privacy & Security Update Webinar
Use Event Code: CMSKMNISR-20090325

cindy stamerThe U.S. Department of Labor (“DOL”)  posted Model Notices and other additional guidance about temporary requirements added to the group health plan medical coverage continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) by the American Recovery and Reinvestment Act of 2009 (“Stimulus Bill”). Employers, health plan administrators, and health insurers involved in the sponsorship or administration of COBRA-covered group health plans should consult with counsel about the suitability of using the Model Notices to provide required notifications of the new Stimulus Bill COBRA rules and other steps necessary to comply with the new requirements.  You can review the current Department of Labor Guidance at:
http://www.dol.gov/ebsa/COBRA.html .

For complete details regarding the current IRS Guidance at:
http://www.irs.gov/newsroom/article/0,,id=204505,00.html/COBRA.html .

For a complete and comprehensive review read the latest at: http://slphrbenefitsupdate.wordpress.com/2009/03/19/dol-releases-stimulus-bill-model-cobra-notices-other-guidance.  This is a major compliance issue for all businesses including those in bankruptcy.

On the March 25 HIPAA Privacy & Security Update Webinar Attorney & HIPAA privacy author Cynthia Marcotte Stamer, P.C. will brief teleconference participants on what they need to know and do in response to impending rule changes and new enforcement risks. Participants also will be given the opportunity to ask questions on these and other developments.

Participants also will hear practical steps to take to respond to these risks and requirements and will have the opportunity to ask questions.  To register for the March 25th Webinar and for more information, see CynthiaStamer.com.

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