Can group insurance plans be exempt from reporting requirements?

Can Group Insurance Plans Be Exempt from Reporting Requirements?

Certain welfare plans that cover fewer than 100 employees at the start of the plan year and are part of a group insurance arrangement are exempt from making certain reports and disclosures, that would otherwise be required, to participants and beneficiaries. Administrators of these plans are exempt from:

1. furnishing a copy of the plan description and any terminal report upon written request of a participant or beneficiary; and

2. making copies of a plan description available for examination in the principal office of the administrator.



Reprinted with permission. © CCH

<p>Certain welfare plans that cover fewer than 100 employees may be exempt, if other conditions are met.</p>

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