June 14, 2004
Kelley Drye's Employee Benefits and Executive Compensation Practice Grouphas prepared a client advisory discussing the final regulations recently
issued by the Department of Labor regarding applicable notice requirements
under COBRA. The final regulations, which also include two model notices,
contain a number of revisions from the proposed regulations that were published
last year. The new rules will require employers and plan administrators to
review and revise their current COBRA notices and summary plan descriptions
for group health plans, as well as prepare COBRA procedures for certain
purposes. The new rules require these changes to be made for plan years
starting after November 26, 2004 which for calendar year plans will be
January 1, 2005.
Final Department of Labor Regulations on COBRA Requirements (PDF, 168.61 K)
