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Health & Welfare Plans Newsletter

October 15, 2021

6 New Job Opportunities 6 New Job Opportunities

 

[Guidance Overview]

Interim Final Rule Implements Controversial Surprise Billing Arbitration Provisions

"This Alert summarizes the [independent dispute resolution (IDR)] process set forth in the No Surprises Act and the Administration's interim final rule, and assesses the extent to which the rule establishes an IDR process that is different from what the statute requires or contemplates. This rule is scheduled to go into effect on January 1, 2022, and the deadline to file comments on this interim final rule is December 6, 2021."  MORE >>

Ropes & Gray LLP

Upcoming Deadline icon Don't Neglect End-of-Year COBRA Duties

"ARPA work will continue, COVID-19 Outbreak Period relief continues and we are entering COBRA's busiest time of the year. Your COBRA To Do List should include ... [1] Open enrollment.... [2] New COBRA rates.... [3] Outbreak period relief.... [4] ARPA subsidies."  MORE >>

Mercer

Benefits Important to Employees in a Hybrid Workplace

"Home office allowance ... Employer-subsidized internet service ... [E]rgonomic work setup ... Portable insurance ... Telemedicine ... Mental health benefits ... Dependent care benefits ... Decision support tools that connect caregivers with credentialed experts ... Dependent care flexible spending accounts ... Backup child care (including in-home child care)."  MORE >>

MassMutual

Insurance Focused on Virtual Visits? The Pros and Cons of a New Twist in Health Plans

"At the height of the covid-19 pandemic, people often relied on telemedicine for doctor visits. Now, insurers are betting that some patients liked it enough to embrace new types of health coverage that encourages video visits -- or outright insists on them.... The often lower-premium offerings capitalize on the new familiarity and convenience of online routine care. But skeptics see a downside: the risk of overlooking something important."  MORE >>

Kaiser Health News

Health Savings Account Balances, Contributions, Distributions, and Other Vital Statistics

"Despite the COVID-19 pandemic, HSA accountholders continue to build up savings in their HSAs.... Accounts that received an employer contributions showed several signs of optimal usage, including higher total contributions and greater likelihood of investments other than cash.... More than half of HSAs experienced a distribution in 2020. However, most accountholders who did take distributions from their HSAs withdrew small amounts."  MORE >>

Employee Benefit Research Institute [EBRI]

Employer Uptake of Pre-Deductible Coverage for Preventive Services in HSA-Eligible Health Plans

"Three in four employers (76 percent) say that they have added pre-deductible coverage as a result of IRS Notice 2019-45 ... often ... for health care services related to heart disease and diabetes care.... Nearly two-thirds (64 percent) of employers covered six or fewer of the 14 health care services allowed per IRS Notice 2019-45. Only 8 percent added pre-deductible coverage for all 14 services.... The percentage of employers that eliminated cost sharing for the pre-deductible services ranged from a low of 25 percent to a high of 40 percent."  MORE >>

Employee Benefit Research Institute [EBRI]

Exceptional Usefulness and Quality icon Prescription Drug Supply Chains: An Overview of Stakeholders and Relationships

"This report describes the stakeholders involved in prescription drug supply chains and the flows of products, payments, and information between stakeholders. Although this report presents a typical supply chain for retail pharmacy drugs, it also highlights the important supply chain distinctions for specific distribution channels and for specific types of drugs. This report is intended to be a reference for those interested in the prescription drug industry and pharmaceutical policy and economics."  MORE >>

Assistant Secretary for Planning and Evaluation [ASPE], U.S. Department of Health and Human Services [HHS]

Democrats' Healthcare, Paid Leave Ambitions Hit Fiscal Reality

"The party is now grappling with whether to try to squeeze in funding for a broader array of health and leave programs by shortening their duration or trimming their cost, or spending on fewer programs for a longer period."  MORE >>

Mercer

Employee Benefits Jobs

View job as Investment Advisor
for SWBC Retirement Plan Services Investment Advisor

SWBC Retirement Plan Services

Austin TX

View job as Investment Advisor
for SWBC Retirement Plan Services

View job as Consultant / Retirement Plan Administration
for Spectrum Pension Consultants, Inc. Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.

Remote / Tacoma WA

View job as Consultant / Retirement Plan Administration
for Spectrum Pension Consultants, Inc.

View job as Associate Consultant / Retirement Plan Administration
for Spectrum Pension Consultants, Inc. Associate Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.

Tacoma WA

View job as Associate Consultant / Retirement Plan Administration
for Spectrum Pension Consultants, Inc.

View job as Health & Welfare Sales Consultant
for Alerus Health & Welfare Sales Consultant

Alerus

Remote

View job as Client Service Manager
for LT Trust, a division of American Trust Client Service Manager

LT Trust, a division of American Trust

Remote / Greenwood Village CO

View job as Senior Account Administrator
for Coastal Pension Services, LLC Senior Account Administrator

Coastal Pension Services, LLC

Remote / Columbia MD

Press Releases

GoalPath Makes Its Managed Account and Plan Success Program Available on iJoin

iJoin

Morningstar Investment Management and PAi Announce First ESG Pooled Employer Plan

Morningstar, Inc.

Webcasts and Conferences
(Health & Welfare Plans)

Overview of SPD Compliance-Driven Updates for Plan Year 2022

October 21, 2021 WEBCAST

Groom Law Group

Last Issue's Most Popular Items

Text of EEOC FAQs: What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws

U.S. Equal Employment Opportunity Commission [EEOC]

IRS Issues New Guidance on COBRA Deadline Extensions

Ballard Spahr LLP

HHS Issues Second Set of Regs Implementing the No Surprises Act

Troutman Pepper

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

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