Health & Welfare Plans Newsletter

September 4, 2019

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Retirement Plan Administrator
Premier Plan Consultants
in San Diego CA

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Ascensus
in Woodcliff Lake NJ / Telecommute

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Ascensus
in Woodcliff Lake NJ / Telecommute

Economist
Centers for Medicare & Medicaid Services, U.S. Department of Health and Human Services
in Woodlawn MD / Telecommute

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[Official Guidance]

Text of IRS Notice 2019-50: Applicable Amount for the Fee Imposed by ACA Section 9010 for the 2020 Fee Year (PDF)

"The 2020 Applicable Amount is determined by multiplying the fee for the 2018 base year (14,300,000,000) by the premium adjustment percentage for 2020 (1.0855118907), rounded to the nearest dollar. ... The 2020 Applicable Amount is $15,522,820,037."

Internal Revenue Service [IRS]

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Health Plan Notifies Members of Privacy Incident Involving Participant Information

"On June 21, 2019, Providence Health Plan was notified by a business associate of a privacy incident involving health plan member information. The incident involved the potential unauthorized access of computer servers at ... a company that provides Providence Health Plan with administration of dental benefits. This notice explains the incident, measures [Providence has] taken, and some steps you can take in response."

Providence Health Plan

Pharma CEOs Shower GOP Senators with Campaign Cash

"Top pharmaceutical CEOs have targeted a small group of Republican senators with roughly $200,000 in campaign donations in the past year ... The focus on Congress comes as drug executives are holding back on donations to presidential candidates."

STAT

Recent Fines Illustrate Importance of Third-Party Vendor HIPAA Compliance

"The lack of automation and reliance upon manual risk management processes make it difficult to keep pace with cyber threats and the proliferation of digital applications and medical devices. Vendor risk assessments are time-consuming and costly; few organizations are conducting risk assessments of all their vendors.... The indirect and direct costs of third-party risk management for the health care industry averages $23.7 billion annually."

Corporate Compliance Insights

Benefits in General

DOL Will Restructure EBSA

"The changes, announced by the head of EBSA, Assistant Secretary of Labor Preston Rutledge, in an email to EBSA staff on August 27, will move three offices formerly overseen by Hauser to supervision by Wilson. In addition, the regional offices will report to a new and yet-unnamed deputy assistant secretary. The changes are a substantial revision to EBSA's organizational chart."

National Center for Employee Ownership [NCEO]

Press Releases

Most Popular Items in the Previous Issue

Rethinking Telemedicine
Chelko Center for Benefits Management

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Lois Baker, J.D., President  loisbaker@benefitslink.com
David Rhett Baker, J.D., Editor and Publisher  davebaker@benefitslink.com
Holly Horton, Business Manager  hollyhorton@benefitslink.com

BenefitsLink Health & Welfare Plans Newsletter, ISSN no. 1536-9595. Copyright 2019 BenefitsLink.com, Inc. All materials contained in this newsletter are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of BenefitsLink.com, Inc., or in the case of third party materials, the owner of those materials. You may not alter or remove any trademark, copyright or other notices from copies of the content.

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