|
Health & Welfare Plans Newsletter
December 19, 2022
|
|
2 New Job Opportunities
|
|
[Guidance Overview]
2022 Year-End Compliance Wrap-Up
"Cafeteria plan deadlines for [CAA 2021] amendments ... Non-calendar year plan limitation removed from October 2022 'family glitch' guidance ... New indexed PCORI fees ... Outbreak period deadline relief continues, but for how long? ... What you
need to know about nondiscrimination testing ... Form 5500 obligation ... 2023 index figures." MORE >>
HealthEquity
|
[Guidance Overview]
Cafeteria Plans: Amendment Deadline in 2022 and Optional Change-in-Status Event Available in 2023
"[O]ptional, temporary changes to cafeteria plans for the 2021 plan year [included] permitting employees to carry over their entire unused health FSA and/or dependent care FSA balances from 2021 to 2022 or extending grace periods for employees to use their unused 2021 health FSA
and/or dependent care FSAs balances through December 31, 2022.... [A] cafeteria plan with a calendar plan year ... must be amended [for these changes] by December 31, 2022." MORE >>
Vorys
|
Estimated Impact of the Expiration of the COVID-19 Public Health Emergency on All Types of Health Coverage (PDF)
34 pages. "[The authors] estimate that if the PHE expires in April 2023, 18.0 million people will lose Medicaid coverage in the following 14 months. Of those, ... about 3.8 million people will become uninsured, about 9.5 million people will either newly
enroll in employer-sponsored insurance after losing Medicaid or transition to employer-sponsored insurance as their only source of coverage after being enrolled in both employer-sponsored insurance and Medicaid sometime during the PHE[.]" MORE >>
Urban Institute
|
Report to Congress on the Affordability of Insulin
"This Report to Congress examines the critical role that insulin plays in the treatment of diabetes, reviews evidence on how insulin affordability affects adherence to insulin treatment and affects downstream health consequences, and describes policy efforts to improve the
affordability of insulin. The Report also analyzes total health expenditures and out-of-pocket costs for patients with diabetes who use insulin, as well as the potential savings that may accrue from policies designed to improve insulin affordability, including provisions from the Inflation Reduction Act." MORE >>
Assistant Secretary for Planning and Evaluation [ASPE], U.S. Department of Health and Human Services [HHS]
|
Health Insurance Terms Glossary
"[If] you've ever shopped for health insurance or read an explanation of benefits, you've probably encountered health insurance terminology that's hard to understand.... Navigating the world of health insurance is much easier when you're familiar with some of
these complex medical insurance terms. Here are explanations for many health insurance terms that you may encounter as you shop for insurance or navigate your health plan." MORE >>
Forbes; subscription may be required
|
Denton Becomes Latest North Texas City to Offer Paid Parental Leave
"Denton recently approved six weeks of fully paid parental leave for city employees, joining other North Texas cities that offer the benefit.... Plano, Frisco and Grapevine are among the North Texas cities that don't offer paid parental leave. Dallas and Fort Worth offer up
to six weeks of paid leave for full-time employees having a baby, adopting a child or fostering a child." MORE >>
AXIOS
|
Employers Can Help with Student Loan Management
"Employers can be advised to select from direct-to-worker payments, available under [the CARES Act], or use an indirect option for student debt repayment benefits. In the current legal framework, both basic and creative options are available[.]" MORE >>
planadviser
|
Provider Groups Each Bring Third Lawsuit Challenging No Surprises Act
"On November 30, 2022, the Texas Medical Association (TMA) ... sued the Biden administration (for the third time) with respect to the implementation of the No Surprises Act (NSA).... While previous TMA lawsuits challenged guardrails that the Administration sought
to create related to the IDR process, TMA now argues that even if they were to win their second lawsuit challenging the latest IDR guardrails, the Administration's methodology for the QPA would still cause harm to providers by improperly reducing the QPA amount." [Texas Medical Assoc. v. HHS, No. 22-0450 (E.D. Tex. complaint filed Nov. 30, 2022)] MORE >>
Health Affairs Forefront
|
[Opinion]
Vulnerable Patients Are Being Squeezed by Middleman Schemes
"Many manufacturers provide financial copay assistance to patients with rare, life-threatening or complex chronic conditions, contributing $12 billion in 2021. PBMs, however, have developed schemes to pocket this assistance for themselves and their insurer clients without giving
patients full credit. These programs are known as copay accumulators and copay maximizers, and they are sticking patients with a greater share of prescription drug costs and other costs related to their illness." MORE >>
The Sentinel
|
Benefits in General |
[Official Guidance]
Text of IRS Disaster Relief Notice Fl-2022-20, for Florida Victims of Hurricane Nicole
"Victims of Hurricane Nicole beginning November 7, 2022, now have until March 15, 2023, to file various individual and business tax returns and make tax payments ... individuals and households affected by Hurricane Nicole that reside or have a business in Brevard,
Duval, Flagler, Indian River, Lake, Martin, Nassau, Palm Beach, Putnam, St. Johns, St. Lucie, and Volusia counties qualify for tax relief." MORE >>
Internal Revenue Service [IRS]
|
Employee Benefits Jobs |
|
|
|
Selected New Discussions |
Effective Date of New Member of Aggregated ALE Group
"Owners of an ALE purchase a non-ALE 10/1/2022, making the non-ALE a member of an Aggregated ALE group as of what date? Applying the normal 2022 look back monthly-average-FTEs to the prior non-ALE falls below 50 (even after including the ALE employee numbers for Oct-Dec). Does
the non-ALE become a member of the Aggregated ALE group on 1/1/2023 or not until 1/1/2024? Thanks"
BenefitsLink Message Boards
|
|
Webcasts and Conferences (Health & Welfare Plans) |
Fall 2022 Employee Benefits Briefing
December 16, 2023 WEBCAST
Nixon Peabody LLP
|
|
Last Issue's Most Popular Items |
Checklists for New CAA/Price Transparency Reporting
Foley & Lardner LLP
|
States Update Group Health Plan Sponsor Reporting Obligations
Mercer
|
When Cash Is Not King: Holiday Gifts as Nontaxable 'De Minimis' Fringe Benefits
Verrill Dana LLP
|
Unsubscribe |
Change Email Address
Search Past Issues |
Privacy Policy
Submit an Article |
Contact Us |
Advertise Here
Copyright 2022 BenefitsLink.com, Inc. All materials contained in this newsletter are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of BenefitsLink.com, Inc., or in the case of third party materials, the owner of those materials. You may not alter or remove any trademark, copyright or other notices from copies of the content.
BenefitsLink Retirement Plans Newsletter, ISSN no. 1536-9587.
Links to web sites other than BenefitsLink.com and EmployeeBenefitsJobs.com are offered as a service to our readers. We are not involved in their production and are not responsible for their content.
|