BenefitsLink.com logo
EmployeeBenefitsJobs.com logo

Health & Welfare Plans Newsletter

June 27, 2023

2 New Job Opportunities 2 New Job Opportunities

 

[Guidance Overview]

Special Rule Allowing Reduced Cost COVID-19 Testing and Treatment for HSA Plans Sunsets Next Year; Sunset Does Not Apply to COVID-19 Vaccines

"For calendar year plans, this means that reduced-cost COVID-19 testing and treatment can be covered by an HDHP through Dec. 31, 2024. For non-calendar year plans, the relief applies through the plan year that ends in 2024."  MORE >>

Lockton

[Guidance Overview]

Wellness Fixed-Indemnity: You Can’t Have Your Preventive Care and Tax-Free Indemnity Too

"In [Chief Counsel Memo 202323006], the IRS made it clear that fixed indemnity plan payments remain taxable to the individuals, and subject to employment taxes like FICA and FUTA, if the employee has no unreimbursed medical expenses related to the payment. Since many of the wellness activities (like vaccinations and physicals) are covered 100% under the group health plan, the employee will have no unreimbursed expenses. Therefore, the entire fixed indemnity payment will be taxable."  MORE >>

HUB International

[Guidance Overview]

White House Post-Dobbs Order Calls for Greater Access to OTC and Emergency Contraceptives

"The administration's latest order regarding post-Dobbs reproductive health care access suggests that we should expect additional guidance from the administrative agencies regarding access to contraceptives in the coming months. The agencies also may prioritize efforts to finalize their rulemaking on HIPAA privacy and contraceptives, which were proposed earlier in the year."  MORE >>

Thomson Reuters Practical Law

Ninth Circuit Finds Long Term Disability Policy Required Insurer to Pro-Rate Bonus Payment Over Period It Was Earned

"[T]he court found that Plaintiff 'received' her pre-tax contributions even though she chose to place some of her salary into a retirement account.... [T]he court found that the district court [erred] by treating the entire Trimester Bonus as 'monthly' earnings.... This is consistent with the policy's definition of 'Pre-Disability Earnings,' which averages bonuses across 24 months instead of counting all bonuses toward the month in which they are distributed." [Neumiller v. Hartford Life and Accident Ins. Co., No. 22-35688 (9th Cir. June 26, 2023)]  MORE >>

Roberts Disability Law

Addressing Pharmacy Benefit Management Misalignment (PDF)

35 pages. "As fiduciaries, employer plan sponsors have not just a right to expect greater alignment but also a responsibility to deliver it.... Disruption is essential if we are to do right by our organizations, our health plans, and our employees and their families. This playbook was developed as a catalyst for change and, equally important, a blueprint to help foster positive, constructive steps to create better PBM alignment."  MORE >>

National Alliance of Healthcare Purchaser Coalitions

Don't Just Open and Close Your Open Enrollment Window

"Benefits only have true value when employees need to use them, so support should be ongoing to help individuals use their benefits.... By developing an optimal mix of high-tech and high-touch channels, you can make sure your messages really stand out. You can't reach everyone with a one-size-fits-all approach.... Providing and communicating your resources throughout the year is a far more effective way to build a deep, long-lasting 'value proposition' for employees."  MORE >>

Buck

Retail Industry: Mental Health, Other Benefits Trends

"[R]etailers are finding creative ways to offer mental health and related benefits, including: [1] Adding (or upgrading) an employee assistance program (EAP).... [2] Implementing training to help guide frontline employees and their managers to respond appropriately to sensitive employee issues and encourage wellness in the workplace.... [3] Tapping into technology to provide employees with wellness tools.... [4] Adopting benefits that are not usually thought of as mental health-related but can enhance employees' quality of life.... [5] Adopting programs in which employees receive free or reduced-cost tuition for classes and seminars."  MORE >>

Jackson Lewis P.C.

Employee Benefits Jobs

View job as Plan Document Consultant
for Voya Financial

Plan Document Consultant

Voya Financial

Remote

View job as Plan Document Consultant for Voya Financial

View job as Client Experience Specialist
for Aimpoint Pension

Client Experience Specialist

Aimpoint Pension

Remote

View job as Client Experience Specialist for Aimpoint Pension

Press Releases

National Alliance Releases Call to Action for Employers to Address Conflicts in the PBM Industry

National Alliance of Healthcare Purchaser Coalitions

Webcasts and Conferences
(Health & Welfare Plans)

Health Breach Notification Rule: FTC Proposed Changes; Heightened Scrutiny of Health Apps

August 23, 2023 WEBINAR

Strafford

Benefits at Work

September 27, 2023 in CA

Employee Benefits News

Benefits at Work

September 27, 2023 in CA

Employee Benefits News

Last Issue's Most Popular Items

The Impact of Mental Health Parity Enforcement on ABA Therapy

Arthur J. Gallagher & Co.

COVID-19 Coverage Without a Deductible Ends Next Year

Journal of Accountancy

IRS Chief Counsel Advice Says Wellness Indemnity Payments Are Taxable If No Unreimbursed Medical Expenses Related to the Payment

Groom Law Group

Unsubscribe  |   Change Email Address

Search Past Issues   |   Privacy Policy

Submit an Article   |   Contact Us   |   Advertise Here

Copyright 2023 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.