• Mandated Offering of Orthotic & Prosthetic Devices
The California Assembly bill 2012 ammended section 1367.18 of the Health and Safety Code and Section 10123.7 of the Insurance Code to mandate an offering of orthotic and prosthetic devices to all group plans. The assembly bill deletes the requirement that coverage be provided only under terms and conditions that may be agreed upon between the policyholder and insurer or subscriber and plan. As a result, The Department of Managed Health Care (DMHC), the state agency that regulates Health Maintenance Organizations (aka HMOs) in California, required plans to remove any benefit maximums on orthotic and prosthetic offering.
• DOL Mandates Electronic Filing for Form 5500 in 2008
Beginning on or after January 1, 2008, the DOL has made e-filing mandatory for the Form 5500 and Short Form 5500. In addition, the DOL has proposed eliminating Schedules E (ESOP Information) and SSA (Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits) in anticipation of the e-filing mandate.
At BIS, we understand that providing benefits for your employees is a complex process. On one hand, you want to choose the combination of services that best meets your needs at a cost you can afford. On the other hand, you need to ensure that you are in compliance with local, state and federal regulations.
We can make your life easier.
Our goal is to make the task of administering your company's benefits as trouble-free as possible. One way we can do this is to provide a knowledge base of helpful documents that can answer common questions about benefits, regulatory compliance and anything else you might need help with.
Please help yourself to any of the documents below. If you can't find the answers you're looking for here, give us a call at (916) 366-6100 and let us help you.
| Document Name | Description | Download |
| AB 1672 Info | Information about California's Small Employer Group Health Insurance Law | Download |
| HSA Road Rules | Learn how to take advantage of federal Heath Savings Accounts | Download |
| AB 1401 Info | Information on Cal-COBRA: COBRA enhancements for Californians | Download |
| Medicare Who Pays 1st | Clarification of how Medicare benefits integrate with other types of coverage | Download |
| COBRA Rules | Current final draft of COBRA rules from the Dept. of Labor | Download |
| COBRA Statute | Text of the COBRA statute pertaining to continuation of heath coverage | Download |
| HIPAA Protections | Explanation of the protections offered by HIPAA | Download |
| Health Insurance For Early Retirees | Finding the bridge to Medicare presentation | Download |
