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Health & Welfare Plans Newsletter

April 8, 2022

11 New Job Opportunities 11 New Job Opportunities

 

[Guidance Overview]

Treasury Releases Proposal to Address 'Family Glitch'

"Without the option of a premium tax credit, some family members are enrolled in coverage today that under the proposed rule would be considered unaffordable. The proposal's economic analysis indicates that some of those family members will shift to the Marketplace, which could lead to an overall reduction in employer spending on health coverage, but that the number of people taking up the new option could be modest."  MORE >>

Manatt, Phelps & Phillips, LLP

Student Loan Updates: What Does It Mean for Employers?

"Employers have an opportunity to make an annual contribution of up to $5,250 pre-tax dollars toward employees' student debt balances until January 1, 2026. This benefit is especially attractive to employees now that the pause on federal student loan repayment is scheduled to end September 1, 2022, and employees will have to start making loan payments again."  MORE >>

Voya

Sick of State and Local Paid Sick Leave?

"Currently, about twenty-two states have a paid sick leave requirement. In addition, various cities and towns within these same states may have their own paid sick leave requirements.... When updating an employee handbook, the [these 22] states' paid sick leave laws should be reviewed along with any city or towns within these states. "  MORE >>

Masuda Funai

State PBM Regulation: Oklahoma District Court Latest to Rule on ERISA, Part D Preemption

"PCMA contended that these provisions had an impermissible connection with ERISA because they directly affected ERISA plans by dictating network composition, cost-sharing differentials, and communications with beneficiaries, or, in some cases, the benefit design of a plan.... The court acknowledged that these provisions might alter the incentives and limit some of the options that an ERISA plan can use, and would have some effect on the way PBMs pay and/or reimburse pharmacies, but held that they did not impermissibly dictate the design of ERISA plans or force the plans into making any specific choices." [Pharmaceutical Care Management Assoc. (PCMA) v. Mulready, No. 19-0977 (W.D. Okla. Apr. 4, 2022)]   MORE >>

Crowell & Moring LLP

[Opinion]

A Decade-Long Look at How Big Insurance Profiteers American Taxpayers and the Sick

"In 2010, the [six largest insurance] companies took in a combined total of $245.2 billion dollars in revenue. Last year, that number had more than quadrupled to $1.1 trillion. The three biggest -- United, CVS/Aetna and Cigna -- are five times bigger now than in 2010 in terms of revenue.... Last year they made $60.7 billion in profits collectively, compared to $16.9 billion in 2010.... One way the companies have been able to boost their profits despite meager growth in their commercial health plans is by shifting more and more of the cost of care to insured patients."  MORE >>

Wendell Potter NOW

Employee Benefits Jobs

View job as Pension Analyst
          for Dynamic Pension Services, Inc. Pension Analyst

Dynamic Pension Services, Inc.

Remote / Dayton OH

View job as Pension Analyst
          for Dynamic Pension Services, Inc.

View job as Inquisitive DC Account Manager
          for Nova 401(k) Associates Inquisitive DC Account Manager

Nova 401(k) Associates

Remote / Houston TX / Scottsdale AZ

View job as Inquisitive DC Account Manager
          for Nova 401(k) Associates

View job as Relationship Manager
          for Pentegra Relationship Manager

Pentegra

Remote

View job as Relationship Manager
          for Pentegra

View job as Pension Compliance Administrator
          for Associated Pension Consultants Pension Compliance Administrator

Associated Pension Consultants

Remote

View job as Pension Compliance Administrator
          for Associated Pension Consultants

View job as Defined Benefits Administrator
          for California Benefit Planners Defined Benefits Administrator

California Benefit Planners

Pasadena CA

View job as ESOP Administrator
          for Blue Ridge ESOP Associates ESOP Administrator

Blue Ridge ESOP Associates

Remote

View job as ESOP Administrator
          for Blue Ridge ESOP Associates

View job as Retirement Account Administrator, Senior
          for Alerus Retirement Account Administrator, Senior

Alerus

Remote

View job as Retirement Account Administrator, Senior
          for Alerus

View job as Cash Balance Retirement Account Administrator
          for Alerus Cash Balance Retirement Account Administrator

Alerus

Remote / MI / MN / ND / NH

View job as Cash Balance Retirement Account Administrator
          for Alerus

View job as Employee Benefits Investigator (English and/or Spanish)
          for Employee Benefits Security Administration [EBSA] Employee Benefits Investigator (English and/or Spanish)

Employee Benefits Security Administration [EBSA]

Remote / Fort Lauderdale FL / Atlanta GA

View job as Employee Benefits Investigator (English and/or Spanish)
          for Employee Benefits Security Administration [EBSA]

View job as Implementation Specialist
          for Nova 401(k) Associates Implementation Specialist

Nova 401(k) Associates

Remote / Houston TX / Scottsdale AZ

View job as Implementation Specialist
          for Nova 401(k) Associates

View job as Client Transition Supervisor
          for Alerus Client Transition Supervisor

Alerus

Remote

View job as Client Transition Supervisor
          for Alerus

Press Releases

OneDigital Expands Senior Leadership Team with Appointment of Two New VPs

OneDigital

Ascensus Closes Newport Merger Agreement

Ascensus

Webcasts and Conferences
(Health & Welfare Plans)

DOL Health Plan Eligibility Compliance and Enforcement Update

May 5, 2022 WEBCAST

Strafford

Last Issue's Most Popular Items

Health & Welfare Benefits Monthly Update, April 2022 (PDF)

Alston & Bird

CMS Announces 2023 Medicare Part D Benefit Parameters Used for Creditable Coverage Disclosures

Thomson Reuters / EBIA

DOL Issues 2022 Adjusted Penalty Amounts

Sapers & Wallack

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

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