Health & Welfare Plans Newsletter

September 8, 2020

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View job as Retirement Plan Administrator for Carpenter Morse Group
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Carpenter Morse Group
Telecommute / Longwood FL

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Blue Ridge ESOP Associates
Telecommute / Charlottesville VA

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Nova 401(k) Associates
Telecommute / Houston TX / Dallas TX / Scottsdale AZ

View job as Defined Contribution Account Manager for Nova 401(k) Associates Defined Contribution Account Manager

Nova 401(k) Associates
Telecommute / Houston TX / Dallas TX / Scottsdale AZ

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[Guidance Overview]

HIPAA Covered Entities and Business Associates Need an IT Asset Inventory List, OCR Recommends

"[W]hile the creation of an IT asset inventory list is not required under the HIPAA Security Rule, it could be helpful in the development of a risk analysis, and in turn and implementing appropriate safeguards -- which are HIPAA Security Rule requirements. Essentially, if an organization doesn't know what IT assets it has or where its ePHI is, how can it effectively assess the risks associated with those assets and information and protect them?" Icon to read more

Jackson Lewis

[Guidance Overview]

Employers' Back-To-School Obligations Under the FFCRA

"According to the DOL, a school that is conducting distance learning, but is closed to in-person attendance, is considered 'closed' under the FFCRA. Likewise, a school that is open on a hybrid or alternate day basis is considered 'closed' on the days when the child is unable to attend in person.... In addition to this recent guidance, employers should keep in mind that an employee who is unable to work at their normal work site as the result of a qualifying school closure, but is permitted to telework (and is able to do so), is not 'unable to work.' Icon to read more

Miles & Stockbridge

COVID-19 Could Prompt More Employers to Offer Telemedicine Health Benefit (PDF)

"Many insurers ... have automatically waived copays for telemedicine provided by in-network providers under their policies. self-insured employers have the power to choose how they want to handle cost-sharing, although many have already been defaulted into waiving cost-sharing unless they affirmatively opted out.... While these opportunities have been available in one form or another for years, their value in the workplace has become much more apparent as a result of the pandemic." Icon to read more

Nelson Mullins, via Daily Report

Health Care Costs for 2020 Likely to Be Lower Than Expected

"Direct costs related to COVID-19 varied widely among plans, but a significant amount of care was delayed or cancelled in the first half of the year. Even accounting for unplanned expenses due to COVID-19 testing and treatment, overall health care costs are likely to be lower in 2020 than was projected prior to the pandemic[.]" Icon to read more

Wolters Kluwer; free registration required

Another Court Vacates LGBTQ-Specific Rollbacks from New 1557 Rule

"We now have decisions in three of the five pending lawsuits over the Trump administration's rule on Section 1557.... In the meantime, briefing is ongoing in two other lawsuits (one in Massachusetts and one in New York) over the new rule.... [And] a longstanding challenge from 2016 to the Obama administration's rule on Section 1557 continues before the Fifth Circuit Court of Appeals." Icon to read more

Katie Keith, via Health Affairs Blog

Chart: Drug Pricing Trends, 2014-2019

"While the cost of specialty drugs [has continued] to rise, the cost of traditional drugs is now falling. The net impact is modest changes in drug prices (<5%) since 2016." Icon to read more

Healthcare Economist

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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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