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Emerging Theories of Liability in ERISA Litigation and Lessons Learned for Plan Fiduciaries
March 23, 2021 WEBCAST
Trucker Huss

2021 Healthcare Virtual Meeting
April 27, 2021 WEBCAST
Conference of Consulting Actuaries

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Minnesota Supreme Court Finds General Handbook Disclaimer Does Not Necessarily Disclaim PTO Obligations

"[E]mployers should review their handbooks or policy statements for language that could create a right to benefits, review their vacation, sick leave, and other PTO policies for clarity, and ensure that any handbook disclaimers are drafted specifically to prevent the formation of contractual rights." [Hall v. City of Plainview, No. A19-0606 (Minn. Feb. 3, 2021)] 

Littler

The Health Costs of Cost-Sharing (PDF)

56 pages. "[P]rice increases cause 18.0% more patients to fill no drugs, regardless of how many drugs they had been on previously, or their health risks. This decision mechanically results in larger absolute reductions in utilization for those on many drugs.... [C]ost-sharing schemes should be evaluated based on their overall impact on welfare, which can be very different from the price elasticity of demand." 

National Bureau of Economic Research [NBER]

Innovative Benefit Offerings on the Rise

"More health-conscious employees may value smoking cessation programs, while employees with longer commutes may place a high value on transportation subsidies. Workers with little free time may find significant value in on-site banking, postal or dry-cleaning services.... Survey findings addressed several of the most prevalent types of innovative and miscellaneous benefits." 

International Foundation of Employee Benefit Plans [IFEBP]

Oscar Health's IPO Filing Will Test the Venture-Backed Insurance Model

"The New York-based health insurance unicorn has raised well north of $1 billion during its life, making its public debut a critical event for a host of investors. Oscar Health lists a placeholder raise value of $100 million in its IPO filing, providing only directional guidance that its public offering will raise nine figures of capital." 

TechCrunch

[Opinion]

No Safe Haven for Employers Managing Health Care Costs

"The collapse of Haven is the newest tombstone in a graveyard of attempts from employers to reshape health care. Jeff Bezos, Jamie Dimon, and Warren Buffet are among the world's most powerful executives, wielding unparalleled insight into the inner workings of complex and emerging markets. Why couldn't they translate this acumen to health care?" 

The Commonwealth Fund

Press Releases

New Year, New Deadlines: FSAstore.com Reminds Consumers to Be Aware of March 15 Grace Period Deadline
FSAstore.com

Bolton to Offer Club Vita Longevity Modeling Service to Plan Sponsors
Bolton

New 401(k) Optimizer® Guided Retirement Service Offers Access to Active Investment Management for Company Sponsored Retirement Plans
Howard Capital Management, Inc.

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Most Popular Items in the Previous Issue

Managing the Risks of Incentivizing COVID-19 Vaccines for Employees
Reed Smith

Text of IRS Publication 15-B: Employer's Tax Guide to Fringe Benefits, for Use in 2021 (PDF)
Internal Revenue Service [IRS]

Senators Introduce Bill to Require 100% Subsidy for COBRA Premiums for Unemployed Workers During Pandemic
U.S. Senator Jeanne Shaheen [D-NH]