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Health & Welfare Plans Newsletter

May 16, 2022

8 New Job Opportunities 8 New Job Opportunities

 

[Guidance Overview]

Alabama Enacts New Telemedicine Law

"Alabama Governor Kay Ivey recently signed SB 272 into law, setting forth telemedicine practice standards and abolishing Alabama's previous 'special purpose license' that allowed physicians licensed in other states to practice across state lines into Alabama. The law is effective July 11, 2022."  MORE >>

Foley & Lardner LLP

Is the IRS Going to Fix the 'Family Glitch'?

"The IRS issued a proposed rule on April 5, 2022 to close a loophole in the ACA policy affecting subsidies in the ACA marketplace.... [T]his proposal could indirectly affect employers as many spouses and dependents may elect to enroll in the ACA marketplace plans instead of the employer plan. This also opens the door for more employers to encourage spouses and dependents off their plans by increasing the cost that they pay to stay on the plan."  MORE >>

Conrad Siegel Actuaries

Supreme Court May Address Interplay of ERISA and Local 'Play-or-Pay' Laws

"The Supreme Court is currently considering a petition for certiorari that addresses the application of ERISA preemption to local 'play-or-pay' laws.... Even though local play-or-pay laws may serve the salutary purpose of ensuring good benefits for local employees, large employers maintain that such purpose cannot trump the overriding federal concern that nationwide employers be able to design benefits that work for their nationwide workforce." [ERISA Industry Committee (ERIC) v. City of Seattle, No. 20-35472 (9th Cir. Mar. 17, 2021; unpub.; cert. pet. filed Jan. 14, 2022)]  MORE >>

Jackson Lewis

The Latest on ACA Penalty Increases for Tax Year 2022

"The easiest way to stay compliant and avoid penalties is to continuously monitor your data.... ACA penalties can be avoided by being vigilant. Here are a few steps you can take to ensure you are compliant with ACA regulations."  MORE >>

Tango Health

Benefits in General

Ready for a Sale? Prepare Executive Compensation Arrangements and Employee Benefit Plans

"For many private companies, spring can be a time with fewer calendar year-driven HR projects.... Accordingly, this may be the perfect time to take stock of your executive compensation arrangements and employee benefit plans so that you are ahead of any issues that may arise in the context of an ultimate sale or liquidity event.... This post provides general guidelines, suggestions, and considerations for getting started on the deal process and getting organized."  MORE >>

Morgan Lewis

Retiree Health Care Costs Jump After Brief Respite

"Fidelity Investment's 2022 Retiree Health Care Cost Estimate increased 5% from 2021, and the figure has nearly doubled since the initial $160,000 estimate in 2002.... For 2022, Fidelity estimates that a 65-year-old couple retiring this year can expect to spend an average of $315,000 on health care costs throughout retirement. The estimates for single retirees are $150,000 for men and $165,000 for women. For single retirees, the 2021 estimate was $157,000 for women and $143,000 for men."  MORE >>

planadviser

Employee Benefits Jobs

View job as Head of Sales-Retirement Plans
          for The Standard Head of Sales-Retirement Plans

The Standard

Remote / Portland OR

View job as Head of Sales-Retirement Plans
          for The Standard

View job as DB/DC Administrator
          for Primark Benefits DB/DC Administrator

Primark Benefits

Remote / San Mateo CA

View job as DB/DC Administrator
          for Primark Benefits

View job as Assistant Director of Pension Administration
          for Primark Benefits Assistant Director of Pension Administration

Primark Benefits

Remote / San Mateo CA

View job as Assistant Director of Pension Administration
          for Primark Benefits

View job as Retirement Plan Administrator
          for Nicholas Pension Consultants Retirement Plan Administrator

Nicholas Pension Consultants

Remote / Rancho Cordova CA / Corona CA

View job as Retirement Plan Administrator
          for Nicholas Pension Consultants

View job as Distribution Processor
          for Duncan Financial Group, LLC Distribution Processor

Duncan Financial Group, LLC

Remote / Irwin PA

View job as Distribution Processor
          for Duncan Financial Group, LLC

View job as RPS Client Account Manager
          for T. Rowe Price RPS Client Account Manager

T. Rowe Price

Owings Mills MD / Colorado Springs CO

View job as RPS Client Account Manager
          for T. Rowe Price

View job as Director Compensation
          for MTA Headquarters Director Compensation

MTA Headquarters

New York NY

View job as Director Compensation
          for MTA Headquarters

View job as Manager Compensation
          for MTA Headquarters Manager Compensation

MTA Headquarters

New York NY

View job as Manager Compensation
          for MTA Headquarters

Press Releases

NWPS Continues to Add to Its Business Development Team with Another Industry Professional, Kirsten Schmieding AIF, CPFA

NWPS

Webcasts and Conferences
(Health & Welfare Plans)

Hot Topics in the Multiemployer Benefits World Podcast

RECORDED

WithumSmith+Brown

Abortion Services and Possible Design Changes for Self-Funded Health Plans

May 26, 2022 WEBCAST

Trucker Huss

Benefit Programs to Empower Mental Wellbeing

June 1, 2022 WEBCAST

Newfront

Last Issue's Most Popular Items

The Missing Link: Where Will Employers Post Links to the Transparency in Coverage Machine-Readable Files?

Newfront

Auditor's Report 'Disclaimer of Opinion' for Form 5500 Filings

The Retirement Advantage

Businesses Face Major Benefits Questions Amid Roe Uncertainty

Axios

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

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