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Health & Welfare Plans Newsletter

May 24, 2022

5 New Job Opportunities 5 New Job Opportunities

 

More Than 2 Million Surprise Bills Avoided During January-February 2022 (PDF)

"[In] the first two months of 2022, the NSA prevented more than 2,000,000 potential surprise medical bills across all commercially insured patients. If only a fraction of these claims are ultimately disputed through IDR, it would still far exceed the government's estimate. Should the trend hold, more than 12,000,000 surprise bills will be avoided in 2022 due to the NSA."  MORE >>

America's Health Insurance Plans [AHIP] and Blue Cross Blue Shield Association

Mental Health Parity: Are You Ready for an Audit?

"The end goal is to demonstrate that the criteria used in designing the plan's mental health coverage has been done thoughtfully and in such a way that it's no more stringent than the plan design for medical and surgical care. But that's just the half of it -- after establishing what the plan SAYS it does, sponsors must also show what the plan ACTUALLY does."  MORE >>

BenefitsPro; free registration required

Mental Health in the Workplace: Addressing Employee Wellness and Raising Awareness in a Modern Era

"[M]onitoring workers' mental health may be a major concern for employers moving forward as they try to optimize productivity and retain well-trained talent.... Employers may want to be more observant of employee behavior and immediately reach out to those employees who act uncharacteristically or erratically as those may be signs of underlying mental health issues. Additionally, employers may want to provide safe and confidential procedures and assistance programs to seek treatment for potential mental health problems."  MORE >>

Ogletree Deakins

How Businesses Can Get Started with Adoption Benefits

"Providing competitive, flexible and robust family-friendly benefits is one way to both attract and retain excellence in the workplace.... [A]dding adoption benefits to the package is a growing national trend ... [A]lmost 10% of American adults were adopted, 40% have a close connection to adoption through family or friends and 37% of Americans who have not adopted have seriously considered it."  MORE >>

Forbes; subscription may be required

Businesses That Pay for Out-of-State Abortion Costs Could Be Next Target of Texas Lawmakers If Roe v. Wade Is Overturned

"Fourteen Republican members of the state House of Representatives have pledged to introduce bills in the coming legislative session that would bar corporations from doing business in Texas if they pay for abortions in states where the procedure is legal. This would explicitly prevent firms from offering employees access to abortion-related care through health insurance benefits."  MORE >>

Herald Democrat

Will Remote Work Kill the Sick Day?

"The COVID-19 pandemic, and the widespread shift to remote work that it triggered, has threatened to forever change how sick days are treated by employees and employers alike. It's possible the concept may ultimately fade away entirely."  MORE >>

HR Daily Advisor

[Opinion]

Value-Based Payment = Corporate Control of Health Care

"A blog in Health Affairs promotes ACOs and other VBP despite the lack of evidence for benefits. Why? Because VBP reinforces the corporate / private equity model of health care with growing profits for shareholders. We must elect those who would instead foster a truly equitable system."  MORE >>

Physicians for a National Health Program [PNHP]

Benefits in General

Proposed Legislation Would Amend ERISA to Prohibit Arbitration, Modify Standard of Review

"Plan sponsors could be making more trips to court for retirement plan fiduciary breach claims instead of settling through arbitration, under ... the Employee and Retiree Access to Justice Act [HR 7740], which seeks to prohibit arbitration of claims challenging the administration and fiduciary management of benefit plans regulated under [ERISA]. If passed, the bill would modify the standard of review held by courts when a plan participant or beneficiary is refused retirement, health or other benefits under an ERISA plan."  MORE >>

PLANSPONSOR; free registration may be required

What Job-Hopping Young Professionals Want from Their Next Career Move

"While salary is typically the most important factor when a person is assessing a job offer, it may come as no surprise that the other top three financial considerations reported by young professionals include: medical benefits (54%); retirement savings (49%); and bonus (34%). When it comes to non-financial benefits that young professionals would prioritize in a job offer, they include paid time off (59%), schedule flexibility/remote work (65%) and professional development (28%)."  MORE >>

National Tax-Deferred Savings Association [NTSA]

Employee Benefits Jobs

View job as Senior Compliance Manager
for Guideline, Inc. Senior Compliance Manager

Guideline, Inc.

Remote / CA / CO / FL / GA / IL / IN / MA / ME / MI / NC / NY / OH / OR / PA / SC / TX / WA

View job as Senior Compliance Manager
for Guideline, Inc.

View job as Implementation Specialist
for Capital Group Implementation Specialist

Capital Group

Irvine CA

View job as Implementation Specialist
for Capital Group

View job as Pension Benefits Specialist - P02
for Organization of American States Pension Benefits Specialist - P02

Organization of American States

Washington DC

View job as Pension Benefits Specialist - P02
for Organization of American States

View job as Research Associate or Paralegal
for United Actuarial Services, Inc. Research Associate or Paralegal

United Actuarial Services, Inc.

Remote / Carmel IN

View job as Research Associate or Paralegal
for United Actuarial Services, Inc.

View job as Retirement Plan Administrator
for KB Pension Services Retirement Plan Administrator

KB Pension Services

Remote / Bradenton FL

View job as Retirement Plan Administrator
for KB Pension Services

Press Releases

DOL Obtains Consent Judgment Directing Baltimore Company, Owner to Restore $148k to 401(k) Plan

Employee Benefits Security Administration [EBSA], U.S. Department of Labor

Karen Ferguson to Receive Honor from International Foundation of Employee Benefit Plans

Pension Rights Center

Empower and Rockefeller Capital Management to Offer Personalized, Simplified Retirement Program

Empower Retirement

DOL Recovers $11k for Worker Fired Illegally for Using Federally Protected Medical Leave by Los Angeles Meat, Poultry Provider

Wage and Hour Division [WHD], U.S. Department of Labor [DOL]

Webcasts and Conferences
(Health & Welfare Plans)

Need-to-Know Quarterly Compliance Recap for Employers

RECORDED

OneDigital

Mental Health Parity NQTL Compliance Update

June 2, 2022 WEBCAST

EPIC

2022 Compliance Webinar Series

July 21, 2022 WEBCAST

EPIC

Last Issue's Most Popular Items

Medicare Part D Creditable Coverage Parameters for 2023

HUB International

Eighth Circuit Ruling Shows Lax Enrollment Practices Can Be Costly

DeBofsky Sherman Casciari Reynolds P.C.

Maryland Paid Family and Medical Leave: Rights and Obligations

Seyfarth Shaw LLP

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

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