Q3 Compliance-Key Disclosure Deadlines for Group Health Plans

With the second half of the year underway, employers that sponsor group health plans should take steps to stay ahead of key compliance obligations due in the coming months. Federal reporting and disclosure requirements under laws such as the Employee Retirement Income Security Act (ERISA) and the Affordable Care Act must be addressed during the summer and fall months to avoid potential penalties and ensure participants receive required information.

In addition to the deadlines above, the second half of the year is a good time for employers to review recordkeeping processes, evaluate plan administration practices, and confirm that all participant disclosures required at enrollment or on an ongoing basis have been properly provided.