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Health & Welfare Plans Newsletter

November 23, 2022

4 New Job Opportunities 4 New Job Opportunities

 

Ninth Circuit Holds That Trial Courts May Not Rely on Arguments Not Raised During the Claims Process

"The Ninth Circuit emphasized that when a court is conducting a de novo review of a benefit denial, 'it evaluates the plan administrator's reasons for denying benefits without giving deference to its conclusions or opinions.' ...Ultimately, the Ninth Circuit concluded that '[t]he district court's task is to determine whether the plan administrator's decision is supported by the record, not to engage in a new determination of whether the claimant is disabled." [Collier v. Lincoln Life Assurance Company of Boston, No. 21-55465 (9th Cir. Nov. 21, 2022)]  MORE >>

Kantor & Kantor LLC

Pharmacy Benefit Manager Reform Remains Legislative Priority

"Pharmacy Benefit Manager (PBM) reform ... remains at the forefront of the healthcare pricing debate ... Specific drug pricing/PBM-related legislation [likely to] either receive consideration in the lame duck or be reintroduced in the 118th Congress includes: [1] the Lower Costs, More Cures Act of 2021 (HR 19) (S 2164), [2] the Pharmacy Benefit Manager Transparency Act of 2022 (S 4293), [3] the Shaheen-Collins INSULIN bill [not yet filed], and [4] Rep. Harshbarger's PBM Transparency, Accountability, and Reform Act [not yet filed]."  MORE >>

ArentFox Schiff LLP

M&A Integration Considerations for Employer Health Plans

"Optimizing the integration process of health and welfare plans can make a significant impact on the cost and efficiencies of the plan, reduce employee attrition, increase the perceived value, and limit the burden on HR leadership.... Health and welfare/employee benefits due diligence ... Synergies/dis-synergies associated with health plan integration ... Integration timeline ... Compliance."  MORE >>

Assured Partners

Giving the Gift of Well-Being: How Gift Cards Can Incentivize Wellness in the Workplace

"Companies are already starting to increase their spend on non-cash incentives due to recent trends and findings in employee retention, so there's some great synergy here in rewarding employee's efforts in a way that will drive joy, motivation, and well-being.... [T]here's been an emerging trend in the use of gift cards for improving well-being in corporate, state, and even city programs."  MORE >>

HR Daily Advisor

Employers Make Employee Mental Health Care and Wellbeing a Top 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.... Eight out of ten employers said that their top approach to addressing employee mental health issues was expanding telehealth and tele-behavioral health."  MORE >>

HR Daily Advisor

Insight and Key Takeaways on No Surprises Act

"As the world's largest self-insurance event, SIIA drew a diverse audience from within the self-insurance marketplace. These perspectives provided insights and key takeaways. [1] The Independent Dispute Resolution (IDR) process is ineffective ... [2] The process is occurring piecemeal ... [3] No reporting yet of any decisions."  MORE >>

aequum

Why Paid Parental Leave Insurance Is an Untapped Opportunity

"Paid parental leave insurance is a new financial product, but it could be a game-changing employee benefit and an untapped opportunity for brokers, agents, and advisors."  MORE >>

BenefitsPro; free registration required

Annual Enrollment Period Snapshot: Medicare Costs and Trends (PDF)

"$7 is the average monthly premium for Medicare Advantage plans selected by Medicare beneficiaries in the first half of the Annual Enrollment Period for 2023 coverage ... $31 is the average monthly premium for Part D plans ... up from $21 the year before ... 8% of Medicare Advantage enrollees express satisfaction with their coverage, and most say they could not afford more costly alternatives like Medicare Supplement."  MORE >>

eHealth

Benefits in General

[Guidance Overview]

DOL Proposes Changes to the Voluntary Fiduciary Correction Program (VFCP) and Related Prohibited Transaction Exemption

"EBSA is proposing numerous changes to the VFCP in an effort to streamline the program and encourage plan fiduciaries to correct breaches and reimburse plan losses.... EBSA reiterated that all welfare and pension plans may use the VFCP if they have a fiduciary breach for which there is an eligible transaction. The proposals would make only minor changes to the eligible transactions for welfare plans -- one of which involves delinquent participant contributions to an insured health plan."  MORE >>

Thomson Reuters Practical Law

Employee Benefits Jobs

View job as Education Consultant
            for Pentegra

Education Consultant

Pentegra

Remote / Putnam Valley NY

View job as Education Consultant for Pentegra

View job as Managing Consultant - Retirement Plans
            for CBIZ - Retirement & Investment

Managing Consultant - Retirement Plans

CBIZ - Retirement & Investment

Remote

View job as Managing Consultant - Retirement Plans for CBIZ - Retirement & Investment

View job as Lead Compliance Specialist - Retirement
            for CBIZ - Retirement & Investment

Lead Compliance Specialist - Retirement

CBIZ - Retirement & Investment

Remote

View job as Lead Compliance Specialist - Retirement for CBIZ - Retirement & Investment

View job as DB Pension Administrator
            for Primark Benefits

DB Pension Administrator

Primark Benefits

Remote / San Mateo CA

View job as DB Pension Administrator for Primark Benefits

Press Releases

Katherine Brustowicz, David Gabor ´╗┐and Christopher H. Suh Listed Among Boston's Top Lawyers of 2022

The Wagner Law Group P.C.

Last Issue's Most Popular Items

2022 Annual Employee Benefits Compliance Checklist for Plan Administrators

Williams Mullen

Questions About DOL's Mental Health Parity Enforcement Push

Hall Benefits Law

Colorado and Oregon Trigger Protections for Leaves Relating to Non-COVID Respiratory Illnesses

Littler

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

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