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New Job Opportunity Today
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Transparency: A New Litigation Risk and a Pathway to Better Plan Management
"Health plan fiduciaries should heed the lessons learned by retirement plan fiduciaries during the retirement plan investment fee litigation and begin to apply them to their health plans. Such steps can help plan fiduciaries meet their obligations and provide clear rules and
processes in selecting and monitoring plan service providers and their fees, and if properly done, could protect the plan, sponsor, and fiduciaries. [This article discusses] steps toward achieving that goal." MORE >>
Arthur J. Gallagher & Co.
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HHS Statement Regarding the Cyberattack on Change Healthcare
"HHS is in regular contact with [UnitedHealth Group (UHG)] leadership, state partners, and with numerous external stakeholders ... HHS has made clear its expectation that UHG does everything in its power to ensure continuity of operations for all health care providers
impacted ... HHS is announcing immediate steps that [CMS] is taking to assist providers to continue to serve patients." MORE >>
U.S. Department of Health and Human Services [HHS]
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White House Holds Roundtable on Lowering Healthcare Costs and Bringing Transparency to Prescription Drug Middlemen
"[On March 5,] senior officials from across the Administration ... convened a listening session with leaders from across state government, the private sector, and community pharmacies to discuss President Biden's work to lower health care costs and hear ideas for
bringing transparency to prescription drug middlemen.... Participants discussed a range of approaches that have been used to bring down costs across states and private employers.... Participants also discussed flaws in the current marketplace.... Several participants also highlighted how middlemen can affect independent pharmacies." [Also available: video of roundtable discussion] MORE >>
Executive Office of the President
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White House Turns to Health Care in Latest Move Against 'Corporate Greed'
"The White House plans to announce a new federal task force focused on easing health care costs ... Officials from the Justice Department, the Federal Trade Commission and the Department of Health and Human Services will be on the task force, focused on enforcement ...
[D]rug pricing and health provider costs will be among the task force's central focus." MORE >>
Politico
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Employers Acting as Early Adopters and Catalysts for Change as Health Care Purchasers
"Top employer health benefit priorities for 2024 are a focus on engagement in programs and use of benefits, chronic condition management, high-cost medical claims, and wellbeing/building a culture of health. Greatest threats to affordability of employer provided coverage are
high-cost pharmacy claims, specialty drug costs, high-cost medical claims, and medical inflation.... Strategies for covering GLP-1 anti-obesity medications are covered with prior authorization (49% currently do so and 25% are considering), covering with risk stratification such as BMI and comorbidities, and not covering due to lack of evidence." MORE >>
Midwest Business Group on Health
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Employers Push Bill Easing Obamacare IRS Reporting Requirements
"The legislation, titled the Employer Reporting Act [HR
3801], is particularly important for smaller firms, some of which have had to defend themselves against erroneous Internal Revenue Service notices claiming they owe millions of dollars in penalties for not providing health coverage to their employees required by the Affordable Care Act." MORE >>
Bloomberg Law
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Hospitals and PBMs Seem to Have Dodged Big Federal Reforms (For Now)
"The big congressional spending deal that was unveiled this week with health policy attachments largely keeps the status quo for the two powerful industries, potentially leaving patients exposed to higher health costs." MORE >>
AXIOS
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HHS Reports to Congress on 2022 HIPAA Compliance and Breach Notifications
"OCR received 30,435 complaints in 2022 -- about 11% fewer than in 2021.... OCR notes that it received 626 large breach notifications affecting approximately 41,747,613 individuals, with hacking incidents the most frequent type of breach and network servers the most frequent
breach location. Almost 64,000 small breach notifications were reported affecting 257,105 individuals, with unauthorized access or disclosure the most frequent type of breach and paper records the most frequent breach location." MORE >>
Thomson Reuters / EBIA
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Use of In-Network Insurance Benefits Is Critical for Improving Retention in Telehealth-Based Opiod Use Disorder Treatment
"Findings show that insurance status, and specifically the use of in-network benefits, is associated with superior retention and suggest that Medicaid disenrollment and insurance plan hesitation to engage with telehealth providers may undermine the nation's response to the
opioid crisis." MORE >>
Health Affairs Scholar
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Elon Musk Sued for $128 Million in Unpaid Severance by Former Twitter Execs
"According to the lawsuit, Musk 'has a special ire toward' the company's former execs and has 'vowed a lifetime of revenge' against them.... The Plaintiffs lawyer argues that they were still protected by [ERISA] and that his 'scheme… was a pointless
effort that would not withstand legal scrutiny.' " [Agrawal v. Musk, No. 24-1304 (N.D. Calif. complaint filed Mar. 4, 2024)] MORE >>
The Wrap, via Yahoo News
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Employee Benefits Jobs
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Press Releases |
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EBenefitsHub Announces That Gravie And Its ICHRA Platform Is Now An Exclusive National CorePartner
eBenefitsHub
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The Standard Expands Personalized Managed Account Solutions for Workplace Retirement Plans
The Standard
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Webcasts and Conferences (Health & Welfare Plans) |
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Six Months of Oregon Paid Family Medical Leave: A Discussion with Karen Humelbaugh
RECORDED
Seyfarth Shaw LLP
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Last Issue's Most Popular Items |
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What Employers Need to Know About Medicare-Eligible Employees and Their Group Health Plan
OneDigital
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District Court Rules Administration Can't Make Religious Employers, Healthcare Firms Cover Gender Treatments
Just the News
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Participant's Challenge to Artificial Insemination Standards Under Insurer's Infertility Policy Survives Dismissal
Thomson Reuters Practical Law
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Copyright 2024 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® Health & Welfare Plans Newsletter, ISSN no. 1536-9595.
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