|
Health & Welfare Plans Newsletter
July 20, 2023
|
|
4 New Job Opportunities
|
|
[Guidance Overview]
Minnesota Passes Paid Family and Medical Leave Law
"Beginning January 1, 2026, eligible Minnesotans will be able to take up to 20 weeks of paid leave -- up to 12 weeks for a serious health condition and up to 12 weeks for family and safe leave. Contributions to fund the program will also begin on January 1,
2026." MORE >>
Sequoia
|
[Guidance Overview]
Mental Health Wellness Days Coming Soon to Connecticut
"On June 26, 2023, Connecticut Governor Ned Lamont signed a law expanding the use of state-mandated paid sick leave for service workers. The law introduces two changes to the reasons for use under the existing Connecticut paid sick leave law. [1] It allows covered
employees to use sick time for a 'mental health wellness day'; and [2] It allows parents or guardians to use sick time for a child who is a victim of family violence or sexual assault. The effective date for these changes is October 1, 2023." MORE >>
Seyfarth Shaw LLP
|
Reservists Must Receive Alabama City's Paid Administrative Leave Benefits
"Rather than accepting an employer's conclusion, the Court must determine whether other types of leave are comparable. This involves three factors: [1] the duration of the leave, [2] the purpose of the leave, and [3] the ability of employees to choose when to
take the leave." [Myrick v City of Hoover Alabama, No. 22-11621 (11th Cir. Jun. 8, 2023)] MORE >>
The Wagner Law Group
|
OCR Addresses HIPAA and Cybersecurity Authentication (PDF)
"According to OCR, weak and non-existent authentication processes 'leave your digital door open,' and can lead to increased cyberattacks that use weak or stolen passwords. The newsletter explains the different methods of authentication, making the case that stronger
multifactor authentication processes make it more difficult for attackers to gain unauthorized access to information systems.... According to OCR, a recent analysis of cyber breaches reported that 86% of attacks to access an organization's internet-facing systems used stolen or compromised credentials." MORE >>
Thomson Reuters / EBIA
|
What Federal Laws Apply to Wellness Programs Under ERISA Group Health Plans? (PDF)
"Employers are faced with the tremendous challenge of understanding and complying with the many overlapping laws and continually changing rules that govern the various types of programs. Here is a high-level overview of some of the federal laws that employers with ERISA group
health plans should consider before adding a wellness program." MORE >>
Thomson Reuters / EBIA
|
Drivers of 2024 Health Insurance Premium Changes (PDF)
"Inflation and other factors will increase negotiated provider payment rates and will increase premiums. Shifting payment responsibility for COVID-19 vaccines and tests from the federal government to carriers could increase premiums, potentially offset by reduced carrier coverage
of at-home tests. A continued shift of small groups from fully insured plans to other funding arrangements such as self-funded or level-funded plans could put upward pressure on small group premiums. Premium changes will reflect local market dynamics and vary by carrier and by area." MORE >>
American Academy of Actuaries
|
How to Hire the Right Benefits Broker for a Small Business
"Finding a small business employee benefits broker can be a daunting task. [The authors] break the process down into five easy-to-follow steps: [1] defining your business's goals and needs, [2] making a list of potential candidates with small business experience,
[3] running an RFP process, [4] getting recommendations from other small businesses, and [5] finding a broker who'll be committed year-round." MORE >>
Nava
|
Unlocking the Hidden Value of Ancillary Benefits
"As insurance carriers redesign contracts to meet the changing needs of a multi-generational workforce, enhanced ancillary benefits ... are becoming highly sought-after by employees in a post-COVID world. Employees highly value these benefits, and many employers are looking
closely at these enhanced benefits to give them an edge in recruitment and retention. And yet, many employee benefits brokers do not spend enough time evaluating the details of ancillary benefits." MORE >>
OneDigital
|
Employee Benefits Jobs |
|
|
|
|
|
Press Releases |
SageView Advisory Group Welcomes Sarah Parker as Retirement Plan Consultant
SageView Advisory Group
|
Katie Selenski Joins DCIIA as Senior Advisor
Defined Contribution Institutional Investment Association [DCIIA]
|
|
Webcasts and Conferences (Health & Welfare Plans) |
Group Term Life Insurance: Getting Your Ducks in a Row
July 20, 2023 WEBINAR
NFP Corp.
|
Health Plan Fiduciaries: Ways to Avoid Litigation Based on High Fees
August 10, 2023 WEBINAR
Trucker Huss
|
|
Last Issue's Most Popular Items |
High Deductible Health Plan First Dollar Coverages in Flux
Foley & Lardner LLP
|
Agencies Propose Overhaul of Fixed-Indemnity Plan Rules
Mercer
|
HIPAA Business Associates: Not Just Your Usual Suspects
Buck
|
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.
|