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  • U.S. Department of Labor updates Tool to Determine if Health Plans or Insurers comply with Mental Health Parity and Addiction Equity Act

    U.S. Department of Labor updates Tool to Determine if Health Plans or Insurers comply with Mental Health Parity and Addiction Equity Act | site |



    (October 23, 2020) - - Today, October 23, 2020, the U.S. Department of Labor published the following information:

    WASHINGTON, DC – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has released an updated tool to help employers comply with the Mental Health Parity and Addiction Equity Act (MHPAEA) and related requirements under the Employee Retirement Income Security Act of 1974 (ERISA).

    The improved tool will help group health plans, plan sponsors, plan administrators, health insurance issuers and other parties determine if a group health plan or a health insurance issuer complies with provisions of both laws relating to mental health and substance-use disorder benefits.

    “The Mental Health Parity and Addiction Equity Act ensures parity in benefits
    ...
    See more | Go to post

  • U.S. Department of Labor updates Tool to Determine if Health Plans or Insurers comply with Mental Health Parity and Addiction Equity Act



    ...
    See more | Go to post

  • Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program

    Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program
    Link


    Action intended to speed reverse mortgage claim payments


    Washington, DC - - (October 22, 2018) - - The Federal Housing Administration (FHA) today announced revised requirements for Home Equity Conversion Mortgage (HECM) servicers when they assign FHA-insured reverse mortgages to the agency for claim payment.

    Effective immediately, FHA-approved HECM servicers can use alternative supporting documentation in lieu of previously required materials that, in many instances, delayed claim processing. Read FHA’s Mortgagee Letter. FHA Commissioner Brian Montgomery said, “Streamlining the HECM claim payment process makes us more responsive to participating lenders and helps continue our effort to put the program on a more financially viable path.” FHA’s new H
    ...
    See more | Go to post

  • U.S. Securities and Exchange Commission says a Private Equity Adviser is Barred From Industry for Improper Withdrawal From Funds

    U.S. Securities and Exchange Commission says a Private Equity Adviser is Barred From Industry for Improper Withdrawal From Funds






    February 8, 2017


    Washington, DC - - (February 7, 2017) - - The Securities and Exchange Commission today announced that a private equity adviser has been permanently barred from the securities industry and must pay a $1.25 million penalty to settle charges that he withdrew improper fees from two private equity funds he managed. The SEC’s order finds that Scott M. Landress formed the funds to invest in real estate trusts with underlying investments in properties throughout the UK. His investment advisory firm SLRA Inc. earned management fees based on the net asset value of the underlying investments. SLRA’s fees shrank and its management costs increased as real estate property values fell during the financial crisis, and the funds’ limited partners declined several requests by Landress
    ...
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  • Staff Reporter 1
    U.S. Department of Labor updates Tool to Determine if Health Plans or Insurers comply with Mental Health Parity and Addiction Equity Act
    by Staff Reporter 1
    U.S. Department of Labor updates Tool to Determine if Health Plans or Insurers comply with Mental Health Parity and Addiction Equity Act | site |



    (October 23, 2020) - - Today, October 23, 2020, the U.S. Department of Labor published the following information:

    WASHINGTON, DC – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has released an updated tool to help employers comply with the Mental Health Parity and Addiction Equity Act (MHPAEA) and related requirements under the Employee Retirement Income Security Act of 1974 (ERISA).

    The improved tool will help group health plans, plan sponsors, plan administrators, health insurance issuers and other parties determine if a group health plan or a health insurance issuer complies with provisions of both laws relating to mental health and substance-use disorder benefits.

    “The Mental Health Parity and Addiction Equity Act ensures parity in benefits
    ...
    10-27-2020, 07:40 AM
  • Staff Reporter 1
    U.S. Department of Labor updates Tool to Determine if Health Plans or Insurers comply with Mental Health Parity and Addiction Equity Act
    by Staff Reporter 1


    ...
    10-27-2020, 07:32 AM
  • Staff Reporter 1
    Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program
    by Staff Reporter 1
    Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program
    Link


    Action intended to speed reverse mortgage claim payments


    Washington, DC - - (October 22, 2018) - - The Federal Housing Administration (FHA) today announced revised requirements for Home Equity Conversion Mortgage (HECM) servicers when they assign FHA-insured reverse mortgages to the agency for claim payment.

    Effective immediately, FHA-approved HECM servicers can use alternative supporting documentation in lieu of previously required materials that, in many instances, delayed claim processing. Read FHA’s Mortgagee Letter. FHA Commissioner Brian Montgomery said, “Streamlining the HECM claim payment process makes us more responsive to participating lenders and helps continue our effort to put the program on a more financially viable path.” FHA’s new H
    ...
    10-27-2018, 08:34 AM
  • OverSeer
    U.S. Securities and Exchange Commission says a Private Equity Adviser is Barred From Industry for Improper Withdrawal From Funds
    by OverSeer
    U.S. Securities and Exchange Commission says a Private Equity Adviser is Barred From Industry for Improper Withdrawal From Funds






    February 8, 2017


    Washington, DC - - (February 7, 2017) - - The Securities and Exchange Commission today announced that a private equity adviser has been permanently barred from the securities industry and must pay a $1.25 million penalty to settle charges that he withdrew improper fees from two private equity funds he managed. The SEC’s order finds that Scott M. Landress formed the funds to invest in real estate trusts with underlying investments in properties throughout the UK. His investment advisory firm SLRA Inc. earned management fees based on the net asset value of the underlying investments. SLRA’s fees shrank and its management costs increased as real estate property values fell during the financial crisis, and the funds’ limited partners declined several requests by Landress
    ...
    02-08-2017, 01:57 PM

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