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Health & Welfare Plans Newsletter

August 3, 2022

7 New Job Opportunities 7 New Job Opportunities

 

[Guidance Overview]

Exceptional Usefulness and Quality icon How the 2023 ACA Affordability Decrease to 9.12% Affects Employers

"Where possible within budgetary constraints, employers should prepare to offer at least one medical plan option to full-time employees in all regions with an employee-share of the premium not exceeding $103.28/month for employee-only coverage to simplify affordability compliance under the federal poverty line safe harbor."  MORE >>

Newfront

[Guidance Overview]

Federal Officials Clarify Contraceptive Coverage Requirements

"The latest round of frequently asked questions may be the strongest clarification to date of what is expected of plans and insurers. The agencies emphasize enforcement actions that could be taken for the failure to comply—including penalties that the agencies could impose. And state restrictions on contraception may be preempted by the preventive services provision, known as Section 2713 of the Public Health Service Act."  MORE >>

Health Affairs

Employers' Medical Group Plans After Dobbs

"If an employer decides to adopt travel benefits for abortions in its group medical plan, travel costs should also be extended on the same terms for any other medical procedures, mental health or addiction care to avoid inadvertent violation of federal non-discrimination laws. The employer should not have access to any participant's health information for which the participant received benefits under the employer's group medical plan or another arrangement."  MORE >>

Burns Levinson

Marketing Your Benefits Starts with Strategic Planning

"Understanding the decisions your employees make allows you to design your benefits package with all the typical factors in mind like coverage, network and budget. It also allows you to consider how your benefits align with your organization's cultures and how you can make those benefits easier to communicate. Issues that confuse employees at open enrollment, like too many or too similar plan choices, will also dull the impact for potential hires."  MORE >>

Corporate Synergies

Out-of-the-Box Benefits to Boost Recruiting

"When it comes to benefits, your business is likely already offering some obvious ones. Healthcare. Dental. Vision. All of these things are important, to be sure, but in today's recruitment market, you may need to go above and beyond to recruit great employees to your company. The sky is the limit in terms of what you can help your employees within order to keep them around."  MORE >>

HR Daily Advisor

Why Virtual Primary Care Is Going Viral

"[T]he movement shifts the concept of off-hours or urgent online visits to that of a virtual yet consistent care team that replaces the traditional in-office primary care relationship....Virtual primary care can treat more than people think.... Virtual primary care reduces unnecessary ER and urgent care visits -- and costs.... Virtual primary care doctors work with in-person providers, too."  MORE >>

Centivo

A Medicare Surcharge That Might Surprise You If You’re Not Careful: IRMAA

"IRMAA is determined based on your income from two years earlier. In other words, for your 2022 Medicare premiums, your 2020 income tax return is used. The amount is recalculated annually.... Here are some reasons you might encounter it: Excessive Roth conversions in one year ... The death of a spouse ... Required minimum distributions (RMDs)."  MORE >>

Kiplinger

[Opinion]

Amazon's Foray Into Primary Care Won't Be Easy

"America's health care system seems, paradoxically, both endlessly innovative and profoundly dysfunctional.... Could Amazon's $3.9 billion acquisition be the breakthrough that will change all this?  ... We should never underestimate Amazon. But we also shouldn't underestimate the challenges it faces in working its usual magic in America's huge, troubled, tangled health care sector."  MORE >>

Harvard Business Review

Benefits in General

[Official Guidance]

Text of IRS Disaster Relief Notice VI-2022-01, for Island of St. Croix, U.S. Virgin Islands

"Victims of a water shortage and health impact from unprecedented sargassum seagrass influx on the island of St. Croix, U.S. Virgin Islands beginning July 15, 2022, now have until November 15, 2022, to file various individual and business tax returns and make tax payments[.]"  MORE >>

Internal Revenue Service [IRS]

Employee Benefits Jobs

View job as Director of Member Services, Member/ Employer Experience
          for Orange County Employees Retirement System Director of Member Services, Member/ Employer Experience

Orange County Employees Retirement System

Santa Ana CA

View job as Director of Member Services, Member/ Employer Experience
          for Orange County Employees Retirement System

View job as Sr. Retirement Plan Administrator
          for Tycor Benefit Administrators, Inc. Sr. Retirement Plan Administrator

Tycor Benefit Administrators, Inc.

PA

View job as Sr. Retirement Plan Administrator
          for Tycor Benefit Administrators, Inc.

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

Nicholas Pension Consultants

Remote

View job as Retirement Plan Administrator
          for Nicholas Pension Consultants

View job as TPA Consultant
          for USI Consulting Group TPA Consultant

USI Consulting Group

Remote / Glastonbury CT / Knoxville TN / Charlotte NC / Fort Lauderdale FL / Knoxville TN / Louisville KY / Minneapolis MN / Brentwood TN / Orlando FL / Southfield MI / Tampa FL / IL / IN / WV

View job as TPA Consultant
          for USI Consulting Group

View job as Benefits Analyst
          for Orange County Employees Retirement System Benefits Analyst

Orange County Employees Retirement System

Santa Ana CA

View job as Benefits Analyst
          for Orange County Employees Retirement System

View job as Pension and Annuity Analyst
          for Local 282 Trust Funds Pension and Annuity Analyst

Local 282 Trust Funds

New Hyde Park NY

View job as Pension and Annuity Analyst
          for Local 282 Trust Funds

View job as Client Support Specialist
          for 401k Generation Client Support Specialist

401k Generation

Altamonte Springs FL

View job as Client Support Specialist
          for 401k Generation

Press Releases

Economic Group Pension Services (EGPS) Appoints ESOP Partners to Manage Client ESOP Plan Administration

ESOP Partners

35 Million People on Vanguard and Ascensus Can Now Invest in the First Climate-Friendly Fund Made for 401(k)s

Sphere

Tara Johnson Joins Centivo as General Counsel

Centivo

Last Issue's Most Popular Items

ACA Shocker: 2023 Affordability Percentage Will Be the Lowest Ever

Accord

Administration Delivers New Proposed Rules on ACA's Section 1557 Nondiscrimination Provision

Lockton

CMS Chart for Determining the Applicability of the Federal Independent Dispute Resolution (IDR) Process (PDF)

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

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

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