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Health & Welfare Plans Newsletter
October 20, 2022
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3 New Job Opportunities
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[Guidance Overview]
IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans
"These announcements are timely, if not late, given that many employers are already in the middle of open enrollment for 2023. Plan sponsors should act quickly to update payroll and plan administration, along with open enrollment communications, to account for the
changes." MORE >>
McDermott Will & Emery
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[Guidance Overview]
Feds Take Action to Fix the ACA 'Family Glitch'
"This rule now allows spouses and dependent eligibility for tax subsidies to be based on the affordability of family coverage or other variations of coverage beyond employee-only, including employee plus spouse or employee plus dependents.... The new rule went on to clarify that
minimum value under the ACA requires the plan to meet a 60% actuarial value as well as to provide 'substantial coverage' of inpatient hospital services and physician services." MORE >>
Lockton
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Judge Temporarily Blocks Delaware from Changing State Retirees' Health Care Plan
"A Delaware Superior Court judge ... temporarily blocked an effort to move state retirees to a Medicare Advantage health care plan.... The temporary block is a major win for a group of state retirees, who have been protesting the switch ... The deadline for the 30,000
state retirees to opt out of the Medicare Advantage plan, and as a result lose state-sponsored health care, was set for Oct. 24." [RiseDelaware Inc. v. Secretary Claire DeMatteis, No. N22C-09-526 (Del. Sup. Ct. Oct. 19, 2022)] MORE >>
DelawareOnline
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Employers Are Making Employee Mental Health and Wellbeing a Top Health Priority
"Two out of three U.S. employers (67%) plan to make employee mental health and emotional wellbeing programs and solutions one of their top three health priorities over the next three years. Additionally, the number of employers that intend to offer designated mental health days
could triple from 9% currently to 30% in the next two years." MORE >>
Willis Towers Watson
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Employee Benefits Jobs |
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Press Releases |
CAPTRUST Adds Massachusetts-Based Patriot Pension Advisors
CAPTRUST Financial Advisors
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Milliman Launches Enhanced Retirement Security Projection Tool to Measure Retirement Readiness
Milliman
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Individual Coverage HRAs See Triple Digit Growth, Continue to Expand Access to Care, New Report Shows
HRA Council
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DCIIA Announces Transition and New Hire in Chief Operating Officer Role
Defined Contribution Institutional Investment Association [DCIIA]
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Webcasts and Conferences (Health & Welfare Plans) |
Guidance on Paid Family Leave Laws, Part VII: Spotlighting Colorado, Oregon, and Washington State Paid Family Medical Leave Developments
October 25, 2022 WEBCAST
Seyfarth Shaw LLP
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Last Issue's Most Popular Items |
2023 Health FSA Limit Increased to $3,050
Newfront
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Upcoming Deadline Under the No Surprises Act: Air Ambulance Reporting by Group Health Plans and Insurance Issuers
Foley & Lardner LLP
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IRS Releases Final Rule Addressing the 'Family Glitch'
Groom Law Group
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BenefitsLink Retirement Plans Newsletter, ISSN no. 1536-9587.
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