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Health & Welfare Plans Newsletter
November 28, 2022
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3 New Job Opportunities
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[Guidance Overview]
Colorado Expands Public Health Emergency Leave to Include Respiratory Illnesses
"Relying on the governor's Nov.11, 2022, modification of his emergency declaration to 'refocus the state's efforts on recovery and incorporate Respiratory Syncytial Virus (RSV), influenza, and other respiratory illnesses in Colorado into the disaster declaration,'
the CDLE clarified that 'means [employees] can use their 80 hours for a broader range of conditions' than just COVID, including 'flu, respiratory syncytial virus ('RSV'), and similar respiratory illnesses.' " MORE >>
Sherman Howard
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Recession-Proof Your Total Rewards Blueprint by Investing in Your Employees
"[C]areer development is emerging as a space that leaders need to consider and take seriously as they develop their approach to total rewards.... [N]early 1 in 5 employees reported prioritizing careers and career growth above all other things -- including pay, benefits, emotional
wellbeing and social responsibility." MORE >>
Willis Towers Watson
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What Does the Great Unwinding Mean for Employer-Based Health Plans?
"[T]he federal government is expected to stop purchasing and distributing vaccines for free as early as January 2023. Pharmaceutical companies are expected to set new prices for the commercial market. Plans need time to fully negotiate costs with manufacturers, pharmacies
and wholesalers. Administration oversight and action will be important to avoid inflated costs. A clear picture of frequency of vaccines and boosters will be key in supporting effective price negotiations." MORE >>
InsuranceNewsNet.com
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IRS Increases the PCORI Fee
"The new PCORI fee for policy and plan years that end on or after October 1, 2022, and before October 1, 2023, is $3.00; an increase of $.21 per covered life assessed on or after October 1, 2021, and before October 1, 2022 ($2.79)." MORE >>
Winston & Strawn LLP
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Benefits in General |
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[Guidance Overview]
DOL Finalizes Rule on ESG Investments and Proxy Voting
"Regarding fiduciary duties as they relate to voting of proxies on securities held in employee benefit plan investment portfolios and exercising other shareholder rights, the final rule is substantially similar to the proposal, with some minor changes.... The proxy voting
provisions may impact ERISA health and welfare plans that hold corporate stock. This includes: Health plans that hold corporate stocks directly. Stocks held by health plans that participate in certain ERISA-covered intermediary investment arrangements" MORE >>
Thomson Reuters Practical Law
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Employee Benefits Jobs |
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Last Issue's Most Popular Items |
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M&A Integration Considerations for Employer Health Plans
Assured Partners
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DOL Proposes Changes to the Voluntary Fiduciary Correction Program (VFCP) and Related Prohibited Transaction Exemption
Thomson Reuters Practical Law
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Ninth Circuit Holds That Trial Courts May Not Rely on Arguments Not Raised During the Claims Process
Kantor & Kantor LLC
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BenefitsLink Retirement Plans Newsletter, ISSN no. 1536-9587.
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