The Fox Valley Society for Human Resource Management (FVSHRM) is the Fox Valley's leading professional association for members of the human resource management profession. As one of the local affiliate chapters of the Society for Human Resource Management (SHRM), the Fox Valley SHRM Chapter is dedicated to advancing the human resource profession and serving its more than 350 members by providing them with a variety of opportunities for professional growth, leadership development, and networking.
NOVEmber Legislative Update
New regulations under the Affordable Care Act (ACA) will require certain employer insurance plans to include a definition of “essential health benefits” (EHB) for plan years beginning on or after January 1, 2017. The effected plan types include self-insured group health plans as well as grandfathered plans.
The Department of the Treasury, Department of Labor, and Department of Health and Human Services published these regulations in the Federal Register on October 31.
Under the ACA, self-insured group health plans, large group market health plans, and grandfathered health plans are not required to offer EHB, although many such plans offer some (or all) of these benefits. If EHB coverage is included, the plan generally cannot place lifetime or annual dollar limits on those services.
Recent forum updates
Fox Valley SHRM Members in action.