Welfare and Pension Reports
What do employers need to consider regarding
welfare and pension reports? The Employee Retirement Income
Security Act (ERISA) provides extensive reporting and disclosure
and other administrative requirements for employee benefit plans.
The law and regulations also provide for numerous exemptions from
the various requirements.
disclosure requirements apply to health plans. The Affordable
Care Act (ACA) added many additional reporting, disclosure,
and notice requirements for health plans and insurers, including additional
internal and external appeal requirements for health insurers and
group health plans.
There are other laws that concern employers.
They must also consider the Medicare Part D prescription drug coverage
provisions that impose reporting and disclosure requirements on health
plans that cover Medicare-eligible individuals. Additionally, the Pension Protection Act of 2006 (PPA) added new reporting
and notice requirements.
Summary for [Your State]