Brydon DeWitt

Brydon DeWitt

Williams Mullen

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Health Care Reform Challenges for Educational Institutions

Educational institutions will face some unique challenges as the Affordable Care Act's “employer shared responsibility” requirement becomes effective next year. Beginning January 1, 2015, large employers that do not offer...more

11/7/2014 - Affordable Care Act Colleges Educational Institutions Employer Mandates Faculty Full-Time Employees Students Universities

ESOP Fiduciaries Lose “Presumption of Prudence”

A unanimous U.S. Supreme Court held last week that employee stock ownership plan (ESOP) investment in employer stock is not entitled to a special ERISA “presumption of prudence”. The decision provides important guidance for...more

7/1/2014 - ERISA ESOP Fiduciary Duty FIfth Third Bancorp v Dudenhoeffer Fifth Third Mortgage Company SCOTUS Stock Drop Litigation

New COBRA and CHIP Notices Highlight Affordable Care Act Marketplaces

The Department of Labor recently issued updated model COBRA continuation coverage and Childrens’ Health Insurance Program (“CHIP”) notices. Plan administrators should begin using the new notices immediately. ...more

5/19/2014 - CHIP COBRA DOL Health Insurance Exchanges Healthcare Notice Requirements Plan Administrators

Employer Healthcare Mandate Transition Relief Announced

This week, the Treasury Department announced transition rules that delay implementation of the Affordable Care Act (ACA) employer health insurance mandate for some employers and modify it for others. ...more

2/12/2014 - Affordable Care Act Employee Benefits Employer Mandates Healthcare Healthcare Reform Pay or Play

Health Flexible Spending Arrangements Become More Flexible

New federal guidance makes health flexible spending arrangement (FSA) participation more attractive to employees. IRS Notice 2013-17 provides a new exception to the FSA “use it or lose it rule.”...more

11/7/2013 - Flexible Spending Accounts HSA IRS

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