The nation’s health care system has recently undergone dramatic changes with the recent passage of both the “Patient Protection and Affordable Care Act” (PPACA) and, the “Health Care and Education Reconciliation Act of 2010.” The PPACA will have the most significant impact on employer-sponsored health plans since the enactment of ERISA over 30 years ago. Scott Rain explains.
The economic downturn that began in December 2007 forced many companies to downsize, cutting their workforces, closing plants and leaving many unemployed.
The Department of Labor (DOL) recently released details related to new rules requiring the electronic filing of Form 5500, Annual Return/Report of Employee Benefit Plan, for all employer sponsored retirement, 403(b) and welfare plans.
