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Health & Welfare Plans Newsletter

July 13, 2021

7 New Job Opportunities

 

[Guidance Overview]

Group Health Plan Sponsors Are Getting Serious About Pricing Transparency

"While third parties can implement many of the pricing transparency measures, plan fiduciaries must ultimately ensure compliance. As compliance deadlines for new pricing transparency requirements for group health plans draw near, plan sponsors will need to use the second half of 2021 to prepare.... [T]he No Surprises Act includes a myriad of transparency and disclosure requirements that take effect in 2021 and 2022. Plan sponsors will need to work closely with service providers and issuers to ensure that group health plans are well-positioned to comply. "  MORE >>

Akerman

[Guidance Overview]

IRS Releases Draft Form 1095-C for 2021 with Minimal Changes

"While many employers are settling into the annual reporting requirement, there are still many employers who are falling short of the required guidelines and are being penalized. [This article discusses] the changes made to the 2021 Form 1095-C."  MORE >>

Accord

New Surprise Billing Rule Increases Transparency

"The rule establishes time frames for initial payment/notice of denial (within 30 days of a bill being submitted), making a final benefit determination and payment (with 30 days of initial response), payment negotiations and initiating the independent dispute resolution process.... Plan sponsors will have until plan years beginning on or after January 1, 2022 to make sure that their plans comply with these new rules[.]"  MORE >>

Corporate Synergies

Exceptional Usefulness and Quality icon A Primer on Employer-Sponsored Family Building Benefits

"For many employees, so-called 'family building' benefits, such as group health coverage for in vitro fertilization treatment, adoption assistance, or reimbursement of surrogacy expenses, are just as or more important than compensation, retirement, or standard health benefits. At the same time, employers are reviewing family building benefit programs with an eye to whether such programs would help them meet their equitable workplace goals."  MORE >>

Proskauer

Benefits in General

Implementing the 3-2-1 Backup Rule for Your Plan

"While [multifactor authentication] is an offensive tactic that safeguards data from hackers with more complex security measures, an efficient backup plan is your first line of defense should they gain access to your data.... The rules of the 3-2-1 backup strategy are straightforward: Consistently maintain 'three' or more distinctive copies of all system data. Retain 'two' copies of your backup data on different devices and separate storage media. Store 'one' backup copy offsite."  MORE >>

Euclid Specialty Managers

1 in 3 Employees Has Picked Up Bad Cybersecurity Habits Since Working Remotely

"[Y]ounger employees are most likely to admit they cut cybersecurity corners, with over half (51%) of 16-24 year olds and almost half (46%) of 25-34 year olds reporting they've used security workarounds.... Over one quarter of employees admit they made cybersecurity mistakes -- some of which compromised company security -- while working from home that they say no one will ever know about."  MORE >>

Voya

Employee Benefits Jobs

View job as Plan Administrator
for Aimpoint Pension Plan Administrator

Aimpoint Pension

Telecommute / Pompano Beach FL

View job as Plan Administrator
for Aimpoint Pension

View job as Customer Experience Specialist
for Aimpoint Pension Customer Experience Specialist

Aimpoint Pension

Telecommute / Pompano Beach FL

View job as Customer Experience Specialist
for Aimpoint Pension

View job as Retirement Plan Administration Consultant
for TSC Retirement Plan Administration Consultant

TSC

Minneapolis MN

View job as Retirement Plan Administration Consultant
for TSC

View job as Retirement Plan Sales Consultant
for Edberg Perry Retirement Plan Sales Consultant

Edberg Perry

Phoenix AZ

View job as Relationship Manager
for WWA Integrated Wealth Strategy Group Relationship Manager

WWA Integrated Wealth Strategy Group

Dallas TX

View job as Sr Recordkeeping Specialist
for BlueStar Retirement Services, Inc Sr Recordkeeping Specialist

BlueStar Retirement Services, Inc

Telecommute

View job as DC Plan Administrator
for Retirement, LLC DC Plan Administrator

Retirement, LLC

Telecommute / Oklahoma City OK

Press Releases

Lockton Adds Industry-Leading Talent in Philadelphia

Lockton

The Society of Actuaries Announces ASA Curriculum Changes, Micro-Credentials and Affiliate Membership

Society of Actuaries

Benefit Plans Administrative Services Expands in Midwest

BPAS

ICMA-RC is now MissionSquare Retirement

MissionSquare Retirement

OneDigital Acquires First Choice Benefits, Inc.

OneDigital

Webcasts and Conferences
(Health & Welfare Plans)

True FMLA Stories from Recent Court Opinions

September 14, 2021 WEBCAST

Disability Management Employer Coalition [DMEC]

Last Issue's Most Popular Items

New Surprise Billing Rules Require Significant Effort by Healthcare Plans and Their Claim Payers

Lockton

Washington State Long Term Care Program: Employers Must Collect Employee Premiums Starting in January

Littler

Qualified Transportation Plans: An Overview for Employers (PDF)

VCG Consultants

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

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