Health & Welfare Plans Newsletter

February 25, 2020

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New York NY

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Webcasts, Conferences

Integrated Healthcare Delivery, Data Analytics, and Coordinated Care - Reducing the Cost of Care with Kaiser Permanente
March 5, 2020 in MD
Worldwide Employee Benefits Network [WEB] - Baltimore Chapter

2019 Employee Benefit Trends
March 31, 2020 in TX
Worldwide Employee Benefits Network [WEB] - Dallas Chapter

►See 129 Upcoming Webcasts and Conferences

►See 1472 Recorded Webcasts


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[Guidance Overview]

DOL Confirms Limited Partnership's Health Plan Is Not an ERISA-Covered Single Employer Plan

"The DOL noted that there would be no employer-employee relationship between the partnership and the limited partners, and that the limited partners would not depend on the limited partnership as a source of revenue. As a result, the DOL found that the primary purpose for the arrangement was to acquire health coverage for the limited partners."

The Wagner Law Group

[Guidance Overview]

IRS: No Statute of Limitations for Assessing ACA Employer Mandate Penalties

"The IRS concluded that employers' Forms 1094-C and 1095-C could not trigger the Section 6501(a) limitations period because ... these forms do not include information regarding full-time employees' eligibility for a [premium tax credit (PTC)], which is an essential component for employer mandate penalties.... In addition, the employer cannot calculate the amount of any penalty owed at the time it files Forms 1094-C and 1095-C."

Thomson Reuters Practical Law

FAQs on Prescription Drug Importation

"[1] Why is importation of prescription drugs from Canada being considered as a way to lower drug costs in the U.S.? ... [2] What has the Trump Administration proposed regarding importation? ... [3] Which drugs would be covered under the Administration's proposed importation plan? ... [4] What is the estimated savings from the Administration's importation plan? ... [5] If there were concerns about the safety of importation before, why are the Administration and states proposing it now? ... [6] How do stakeholders and the public view these importation proposals?"

Henry J. Kaiser Family Foundation

[Opinion]

ERIC Supports Maryland's Paid Family and Medical Leave Program

"While ERIC is supportive of HB 839, our testimony did include several asks to strengthen the proposed program, including: [1] Adding a provision to preempt local paid leave ordinances. [2] Allowing employers participating in the state insurance program to deduct the full amount of contributions paid to the program from the wages paid to employees. [3] Amending the bill to be consistent with the [FMLA], including changing the definition of a family member; limiting the duration of paid leave to be equal to the 12-week total standard; matching the employee eligibility standards to the 1250 hours worked requirement."

The ERISA Industry Committee [ERIC]

Benefits in General

Millennials and Money: The State of Their Financial Management and How Workplaces Can Help Them

"The proportion of young adults with outstanding student loan debt has increased from 34 percent in 2012 to 43 percent in 2018. Over 50 percent of Millennials are concerned that they may not be able to pay off their student debt. The proportion of young adults accruing high credit card fees increased from 54 percent in 2009 to 60 percent in 2018. Millennials are financially fragile; 37 percent report they would not be able to come up with $2,000 in 30 days. The majority (68 percent) of Millennials report feeling anxious or stressed about their personal finances."

TIAA Institute

Press Releases

Upcoming Events About Health & Welfare Plans

Feb. 26
Webcast
Cost Differences for Oncology Medicines Based on Site of Treatment
EBRI [Employee Benefit Research Institute]
Feb. 27
Alabama
Regional Benefits Forum
Southeast Benefits Education Network [SBEN]
Fee is required

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BenefitsLink Health & Welfare Plans Newsletter, ISSN no. 1536-9595. Copyright 2020 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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