Department of Labor Releases New Model CHIP Notice
The Department of Labor has updated its notice for the Children’s Health Insurance Program (or CHIP). The CHIP Program is a premium assistance program that may help employees pay for the cost of employer health insurance coverage.
This form became effective as of 1/31/2020. Employers should amend their Summary Plan Descriptions with the updated CHIP notice and distribute this notice to all employees as soon as possible. As a reminder the CHIP notice must be distributed to employees annually.
You can obtain the form HERE.