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Health & Welfare Plans Newsletter

February 20, 2024

3 New Job Opportunities 3 New Job Opportunities

 

[Guidance Overview]

CMS Releases Revised RxDC Reporting Instructions for 2023

"[CMS] has issued revised instructions and templates for prescription drug data collection (RxDC) reporting for 2023 ... The RxDC reporting deadline for the 2023 reference year is June 1, 2024.... [I]nsurance companies and employer-sponsored group health plans must annually submit information about prescription drugs and healthcare spending to CMS."  MORE >>

Willis Towers Watson

[Guidance Overview]

New York State Revisits PBM Regulation with Scaled-Back Draft Rules

"[T]he latest draft regulations seek to restrict a wide range of PBM practices and impose certain administrative requirements, including a more onerous notification requirement in the event of a PBM change in control.... The draft regulations contemplate an enforcement date beginning July 1, 2025.... ERISA/self-insured plans are not expressly excluded from the scope of the draft rules, unlike the Medicare Advantage and Worker's Compensation plans that are excluded."  MORE >>

Proskauer

Lifestyle Spending Accounts: What Employers Need to Know

"LSAs can help with recruitment, retention, and productivity. Most importantly, they can help workers feel more satisfied with their jobs.... Because this program typically involves reimbursement on a taxable basis, employers have the freedom to be creative with plan designs."  MORE >>

TRI-AD

Value-Based Payment Models Can Improve Appropriate and Equitable Use of Prescription Drugs

"Value-based payment (VBP) models focused on care delivery ... provide an avenue for aligning quality measures, gain/risk sharing, and data feedbacks that impact prescribers with broader drug policy reforms to increase the benefit to patients.... [This article provides] an overview of challenges and opportunities for integrating clinician-administered and pharmacy-dispensed drugs into VBP models, highlighting short-term steps that commercial and public payers can take to align health care for both types of drugs."  MORE >>

Health Affairs Forefront

Employees Want Weight Loss Drugs

"[A recent] survey reveals that 52% of ... full-time worker respondents want weight loss drugs in their health benefits. Also, one in 16 employees surveyed would be willing to give up vacation days if health benefits featured weight-loss drugs."  MORE >>

healthnews

Employee Benefits Jobs

View job as Retirement Plan Administrator for ERISA Services, Inc.

Retirement Plan Administrator

ERISA Services, Inc.

Remote

View job as Retirement Plan Administrator for ERISA Services, Inc.

View job as Senior Retirement Client Consultant for Leading Retirement Solutions

Senior Retirement Client Consultant

Leading Retirement Solutions

Remote / Seattle WA

View job as Senior Retirement Client Consultant for Leading Retirement Solutions

View job as ERISA Consultant for Retirement Learning Center

ERISA Consultant

Retirement Learning Center

Remote

View job as ERISA Consultant for Retirement Learning Center

Press Releases

Virtua Health Partners with care.ai for Enterprise-wide Implementation of AI-Enabled Virtua Care Solutions for Patients

Virtua Health

Webcasts and Conferences
(Health & Welfare Plans)

Navigating the Future of Ben Admin: A Conversation with Scott Millson

RECORDED

bswift

HSAs - Advanced

March 14, 2024 WEBINAR

Ascensus

Groom’s 26th Annual Seminar

May 16, 2024 WEBINAR

Groom Law Group

Last Issue's Most Popular Items

What Employers Need to Know About the Consolidated Appropriations Act

Littler

Lawsuit Alleges Fiduciary Breach of Johnson & Johnson Health Plan

OneDigital

DOL's New Worker Classification Rules: Do You Know Who Your Employees Are? (PDF)

Buck

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BenefitsLink® Health & Welfare Plans Newsletter, ISSN no. 1536-9595.

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