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Health & Welfare Plans Newsletter

February 4, 2022

5 New Job Opportunities 5 New Job Opportunities

 

[Guidance Overview]

Alert (High Risk Issue) icon Illinois Employers: Are You Complying with the Consumer Coverage Disclosure Act?

"[The Illinois Consumer Coverage Disclosure Act (CCDA)] requires that Illinois employers provide a disclosure to employees regarding how the employer's group health plan compares with the essential health benefits under the Illinois benchmark plan.... While Illinois takes the position that the law applies to employers with self-insured plans, ... a court may not necessarily agree if an employer was willing to challenge the law on ERISA preemption grounds."  MORE >>

Groom Law Group

[Guidance Overview]

California Legislature Proposes COVID-19 Supplemental Paid Sick Leave, Again

"Though still pending in the state legislature, there has been a promise by the state to move quickly to pass this bill.... [T]his new SPSL benefit will apply retroactively to January 1, 2022.... As with the 2021 version, employers with more than 25 employees will be required to comply with SPSL."  MORE >>

Jackson Lewis

[Guidance Overview]

California to Reenact COVID-19 Supplemental Paid Sick Leave

"Under the third iteration of COVID-19 SPSL, two banks of leave will be available. One bank of up to 40 hours will be available if an employee or a family member tests positive. Employees will have another bank of up to 40 hours for all other covered reasons. These other covered reasons largely track the 2021 CA-SPSL, with a few expansions for caring for family members[.]"  MORE >>

Seyfarth Shaw LLP

[Guidance Overview]

Exceptional Usefulness and Quality icon Health Insurance Premium Tax Credit and Cost-Sharing Reductions

"This report describes current law (including ARPA provisions that are in effect as of the publication date of this report) and applicable regulations and guidance, specifically with regard to how the PTC and CSR requirements apply in 2022." [R44425, updated Feb. 2, 2022.]  MORE >>

Congressional Research Service [CRS]

Regulators' First Report on Mental Health Parity Analysis Finds Issues

"The five main flaws were: [1] Failing to identify the benefits, classifications or plan terms to which the NQTL applies. [2] Failing to describe how the NQTL is designed or applied in practice to mental health or substance use disorder benefits and medical/surgical benefits. [3] Providing insufficient detail on the factors, sources and evidentiary standards used for the NQTL. [4] Omitting any stringency analysis of how the factors, sources and evidentiary standards are applied. [5] Generally failing to show parity in NQTLs as written and in operation."  MORE >>

Mercer

Employee Benefits Jobs

View job as Quality Assurance Specialist
for 1199SEIU Benefit & Pension Funds Quality Assurance Specialist

1199SEIU Benefit & Pension Funds

New York NY

View job as Sr DB Plan Administrator
for Nyhart, part of FuturePlan by Ascensus Sr DB Plan Administrator

Nyhart, part of FuturePlan by Ascensus

San Diego CA

View job as Financial Management Specialist
for Pension Benefit Guaranty Corporation [PBGC] Financial Management Specialist

Pension Benefit Guaranty Corporation [PBGC]

Remote / Washington DC

View job as Senior Qualified Plans Specialist
for Equity Trust Company Senior Qualified Plans Specialist

Equity Trust Company

Remote / Westlake OH

View job as Account Manager
for MAP Retirement USA, LLC Account Manager

MAP Retirement USA, LLC

Remote / Appleton WI

Selected New Discussions

No Surprises Act Notices-- In-House Web Portal Is Sufficient?

"The No Surprises Act requires that health plans 'post on a public website of the plan or issuer' their No Surprises Act notices. In the employer-sponsored plan context, does that mean that an employer can satisfy this requirement by posting the notice on its internal intranet or similar site that employees can access?"

BenefitsLink Message Boards

Press Releases

Principal Financial GroupĀ® Announces New Head of U.S. Retirement Business

Principal Financial Group

DCALTA Partners with PivotalPath to Launch Hedge Fund Benchmarks for 401(k) Plan Sponsors

DCALTA [Defined Contribution Alternatives Association]

Last Issue's Most Popular Items

The FSA/HRA/HSA Double Dipping Prohibition and OTC COVID-19 Tests

Newfront

Full Cost of Over-the-Counter COVID-19 Tests Will Be Covered by Medicare

Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS]

IRS Issues 2021 Versions of Publications 502 and 503 for Medical and Dependent Care Expenses

Thomson Reuters / EBIA

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

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