New York, NY, December 19, 2012 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced that Sarah Bassler Millar, Partner, Drinker Biddle & Reath LLP will speak at the Knowledge Congress’ webcast entitled: “Play or Pay and 90 Day Waiting Period: Emerging Issues in Health Care Reform Live Webcast,” scheduled on March 20, 2013 from 12:00 PM to 2:00 PM ET.
For further details, follow:
Guidance was jointly issued by the Departments of Labor, Treasury, and Health and Human Services on two related health care reform issues, the employer shared responsibility or “play or pay” penalties and the implementation of the 90-day waiting period limitation. In less than a year, employers employing at least 50 full-time employees will be subject to the employer shared responsibility or “play or pay” penalties. If employers do not offer health coverage or do not offer affordable health coverage or coverage that provides a minimum level of value to their full-time employees, they may be subject to a tax penalty under the proposed regulations issued by the Internal Revenue Service. This guidance will help employers prepare for the significant new rules that become effective in 2014. It is essential for employers to have an understanding of the fundamental changes and requirements and to begin planning now to address these pieces of guidance.
In this live Webcast, attorneys with health care industry expertise across legal areas will provide insight on the scope of the guidance, as well as some recommendations and best practices for handling these changes that are coming in 2014.
Some of the key issues that will be addressed:
• What are the employer shared responsibility or “play or pay” provisions
• How to determine whether you are a large employer subject to the rules
- How to determine full-time status of employees and dependents who must be offered coverage
• How to determine if coverage is affordable and minimum value coverage
• What are the employer liabilities and penalties
- How to identify which rules apply for existing and new employees
- Rules governing the 90-day waiting period limitation
About Sarah Bassler Millar
Sarah Bassler Millar is a Partner and Vice-Chair in the national Employee Benefits & Executive Compensation Practice Group. She counsels clients on a range of employee benefits and executive compensation matters, including tax-qualified retirement plans, health and welfare benefits, and non-qualified plans. Examples of Sarah’s extensive experience and legal talent include: counseling private and public employers on benefit plan design, implementation and administration; assisting client organizations in developing strategies related to the impact of health care reform; and advising client companies on ERISA’s fiduciary requirements.
About Drinker Biddle & Reath LLP
Drinker Biddle & Reath LLP is a national law firm with 650 lawyers in 11 offices providing client service in areas such as corporate and securities, commercial litigation, communications litigation, corporate restructuring, employee benefits and executive compensation, environment and energy, government and regulatory affairs, health care, insurance coverage, intellectual property, investment management, labor and employment, life insurance and annuities, products liability and mass tort litigation, private client services, and real estate.
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org.