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Health & Welfare Plans Newsletter

June 14, 2021

6 New Job Opportunities

 

[Guidance Overview]

PCORI Filings and Fees: The Sequel (The Next Ten Years)

"For Health Reimbursement Arrangements (HRA), you must first look at the integrated group health plan. If that plan is fully insured, then the employer must file the 720 and pay the $2.66 fee for plan years that end on or after October 1, 2020 through September 30, 2021 ... [This] fee is paid per employee, not per 'belly button.' If however, the underlying group health plan is self-funded then no separate 720 need be filed for the integrated HRA but rather one filing and fee for the self-funded group health plan is due, based on 'belly buttons,' not just employees."  MORE >>

Kushner & Company

[Guidance Overview]

EEOC Issues New Guidance on COVID-19 Vaccinations in the Workplace

"[E]mployers who provide incentives to employees for showing proof of vaccination by a third party, but who do not administer the vaccines themselves, may provide larger incentives because they are not receiving any disability-related information from their employees."  MORE >>

Thompson Coburn LLP

Want to Write a Killer Letter to Appeal a Claim Denial? Meet Jeannine

"Jeannine Cain started her career working for medical offices -- dealing with insurance companies on their behalf -- then worked for Blue Cross, and now as a health care data consultant.... When her son got an unfair, jumbo-size medical bill, she put her knowledge to work -- and wrote a killer appeal letter. Now she's sharing that knowledge -- and the letter ... [a]long with annotations about how she structured the letter and why she included the specifics that she did."  MORE >>

Kaiser Health News

In Alleged Health Care 'Money Grab,' Nation's Largest Hospital Chain Cashes in on Trauma Centers

"HCA Healthcare's activation fees run as high as $50,000 per patient and are sometimes 10 times greater than those at other hospitals, according to publicly posted price lists. Such charges have made trauma centers, once operated mainly by established teaching hospitals, a key part of the company's growth and profit-generating strategy, corporate officials have said. HCA's stock has doubled in three years."  MORE >>

Kaiser Health News

[Opinion]

Who Gets to Count as a Health Care Expert?

"Policy-makers, industry executives, hospital officials and others in high-status positions hear from others in similar roles, or from prominent members of the health care community ... Under-represented in these conversations are those who know the system at its worst ... [T]hose who are considered lowest in status often have the best observations about the systems they are trapped in."  MORE >>

TIME

Benefits in General

[Guidance Overview]

Cybersecurity and Related Legal Risks Come Home to ERISA Plans

"The upshot of the DOL's April 2021 cybersecurity tips and best practices is that it puts employers on notice that both the DOL takes this seriously and that plaintiffs could attempt to use this new guidance as a basis for fiduciary duty breach claims. Moreover, service providers can expect detailed questions on cybersecurity in RFPs and RFIs. Plan sponsors will seek more transparency, whereas service providers may be reluctant to divulge too much on their cybersecurity defenses to guard against inadvertently offering up the keys to the castle. The balance of the two will become market practice."  MORE >>

Stradley Ronon

[Guidance Overview]

DOL Provides Cybersecurity Guidance for ERISA Plans

"For health and welfare plan sponsors, the good news is that that in many cases, these practices are already a focus of their vendors, especially given legislation earlier this year designed to encourage HIPAA covered entities to adopt some security practices. [The] guidance, while retirement-plan focused, provides a good roadmap for all sponsors of plans (including those not covered by ERISA) to consider in evaluating their service providers as part of their fiduciary due diligence."  MORE >>

HUB International

[Guidance Overview]

IRS Finalizes Rules Addressing Automatic Postponement of Tax Deadlines During Federally Declared Disasters

"The final regulations adopt the proposed regulations without substantive changes but modify one of the examples regarding how to calculate the 60-day postponement period."  MORE >>

Thomson Reuters Practical Law

Does the Benefits Department Know What Management Is Doing?

"Optimally, employer management will consult with benefits staff prior to making business decisions, such as the acquisition or sale of a business entity, which may affect their employee benefit plans' terms or ability to comply with the law. If that is not possible, employers should inform benefits staff of decisions promptly after they are made, so benefits staff can take the steps necessary to implement the decision, keep the plans legally compliant, and protect the employer from potentially costly and disruptive liability."  MORE >>

Dickinson Wright

Employee Benefits Jobs

View job as Director of 401(k) Implementation, Core
for Human Interest Director of 401(k) Implementation, Core

Human Interest

Telecommute / Mill Valley CA

View job as Director of 401(k) Implementation, Core
for Human Interest

View job as 401(k) Implementation Manager
for Human Interest 401(k) Implementation Manager

Human Interest

Telecommute / San Francisco CA

View job as 401(k) Implementation Manager
for Human Interest

View job as ERISA Legal Counsel
for Human Interest ERISA Legal Counsel

Human Interest

Telecommute / San Francisco CA

View job as Senior Compliance Analyst/Coordinator
for Empower Retirement Senior Compliance Analyst/Coordinator

Empower Retirement

Telecommute

View job as Trust Administrator
for Newport Trust Administrator

Newport

Los Angeles CA

View job as Senior 401(k) Qualified Plan Consultant
for Newport Senior 401(k) Qualified Plan Consultant

Newport

Orlando FL / Saint Petersburg FL / Miami FL / Charlotte NC / Dallas TX

Press Releases

Betterment's 401(k) Business Partners with Benefits Platform Lumity

Betterment

Voya Enhances Retirement Plan Participant Website Experience

Voya Financial

Webcasts and Conferences
(Health & Welfare Plans)

Employee Benefits Briefing

June 15, 2021 WEBCAST

Nixon Peabody LLP

Last Issue's Most Popular Items

DOL Regulatory Agenda, Spring 2021, Including Employee Benefit Items

U.S. Department of Labor [DOL]

Text of IRS FAQs: Tax Credits for Paid Leave Under ARPA for Leave After March 31, 2021

Internal Revenue Service [IRS]

Amazon Plans to Offer 6-Month, Discount Generic Rx Fills

AISHealth

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BenefitsLink Retirement Plans Newsletter, ISSN no. 1536-9587.

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