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Health & Welfare Plans Newsletter

March 12, 2024

3 New Job Opportunities 3 New Job Opportunities


[Guidance Overview]

Medicare Part D: Maintaining Creditable Coverage May Prove Difficult for Some Employer Sponsored Plans in 2025 (PDF)

"The Inflation Reduction Act of 2022 (IRA) provided for gradual improvements to Medicare Part D benefits beginning in 2023. A $2,000 cap on out-of-pocket expenses for prescription drugs will apply, effectively making the benefit available through Medicare more generous and potentially impacting the creditable status of employer sponsored plans."  MORE >>


J&J Lawsuit Impacts Employer-Sponsored Health Plan Fiduciary Obligations

"[T]he J&J plan funding is distinct from the typical funding of employer-sponsored group health plans because it is funded through a voluntary employee benefits association (VEBA).... [F]unds held in such a trust -- segregated from the employer's general assets -- are considered ERISA 'plan assets' and subject to ERISA fiduciary protections, including the duties of loyalty and prudence. As a result, certain aspects of the case, and perhaps any resulting decision, may be limited in applicability." [Lewandowski v. Johnson & Johnson, No. 23-0671 (D.N.J. complaint filed Feb. 5, 2024)]  MORE >>


Alabama IVF Developments: Considerations for Plan Sponsors

"The first question for plan sponsors to consider is whether, in light of the fact that embryos can no longer legally be destroyed in Alabama, the plan can or should cover the cost of preserving embryos in perpetuity ... which is very expensive.... [P]lan sponsors should consider whether to add or extend travel benefits to cover travel expenses so participants can access IVF benefits in other states.... [and] whether to cover travel expenses where the purpose of the travel is to transport the embryo outside the state of Alabama for destruction." [LePage v. Center for Reproductive Medicine, P.C., Nos. SC-2022-0515, SC-2022-0579 (Ala. Feb. 16, 2024)]  MORE >>

Jackson Lewis P.C.

UnitedHealth to Start Medical Claims System Tests Next Week

"UnitedHealth Group (UHG) expects to begin testing and restoring its Change Healthcare unit's medical claims processing system during the week of March 18, about a month after the system was hacked.... Electronic prescribing with claim submission and payment transmission is now fully functional in its pharmacy services, and its payments platform should be ready for connection on March 15, UHG said."  MORE >>


​​Benefits Enrollment Best Practices for the Off-Season​

"[T]he 'downtime' of the 'off-season' is an excellent opportunity to get ahead of the curve and implement employee benefits strategy best practices. [1] Lay the groundwork for top-notch employee benefits communications.... [2] Analyze benefits utilization data and enhance your employee benefits portfolio.... [3] Prepare, test, and refine your supporting resources for open enrollment."  MORE >>


Gen Z Employees Are Not Taking Advantage of Health Savings Accounts

"While young professionals tend to champion mental health and investing in their physical and emotional well-being, Inspira found that nearly one-third of employees younger than 30 contribute nothing to their HSA annually (a higher figure than any other generation), and only 14% contribute more than $3,000 per year (a lower percentage than any other generation)."  MORE >>

PLANSPONSOR; free registration may be required

Walking 5,000 Steps Three Times Per Week Could Add Three Years to Life Expectancy

"[I]nsufficient physical activity is associated with up to 5 million premature deaths every year and estimates suggest that one in five deaths worldwide are now associated with poor diet, with 1.5 billion people predicted to be obese by 2035. The World Health Organization estimates that 27.5% of adults and 81% of adolescents are physically inactive. If this level of inactivity maintains, new cases of preventable non-communicable diseases (such as type 2 diabetes) will cost health systems $27 billion each year."  MORE >>


Employee Benefits Jobs

View job as Senior Retirement Plan Administrator for Envoy Financial

Senior Retirement Plan Administrator

Envoy Financial

Colorado Springs CO / Hybrid

View job as Senior Retirement Plan Administrator for Envoy Financial

View job as Defined Contribution Administration Manager for Definiti

Defined Contribution Administration Manager



View job as Defined Contribution Administration Manager for Definiti

View job as Retirement Plan Administrator for The Finway Group

Retirement Plan Administrator

The Finway Group

Remote / West Des Moines IA

View job as Retirement Plan Administrator for The Finway Group

Press Releases

Epstein Becker Green Continues to Materially Expand Employee Benefits and Executive Compensation Capabilities with Addition of Briar McNutt

Epstein Becker Green

ACLI President and CEO Susan Neely Announces Her Retirement from Association Leadership.

American Council of Life Insurers [ACLI]

Webcasts and Conferences
(Health & Welfare Plans)

California Coffee Talk: 'I'll Be Back!' Managing Employee Leaves and Time Off

March 21, 2024 WEBINAR

Ogletree Deakins

GLP-1 Management to Stay Ahead of a Dynamic Market

April 10, 2024 WEBINAR

SHRM [Society for Human Resource Management]

Last Issue's Most Popular Items

A New Frontier for ERISA Fee Suits: Group Health Plans


Change Healthcare Cyber Incident and Potential Customer Impacts

Willis Towers Watson

CMS Letter to Health Care Leaders on Cyberattack on Change Healthcare

U.S. Department of Health and Human Services [HHS]

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

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