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New Job Opportunity Today
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Voluntary Benefits: How These Products Work and Why They Boost Employee Wellbeing
"Voluntary benefits act as a shield against unexpected medical expenses and the mental, physical, and financial stresses associated with them. This makes them an incredibly effective way to promote employee wellbeing and provide your plan members and their dependents with an
optional way to protect themselves from financial hardship." MORE >>
OneDigital
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Weight Loss Drug Coverage Ends for North Carolina State Employees
"State officials are continuing to negotiate with makers of weight-loss drugs in an effort to reach a better financial deal that would allow coverage of the drugs through the State Health Plan ... The State Health Plan stopped covering weight loss drugs such as Wegovy and
Zepbound on [April 1]." MORE >>
MSN News
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Employer Considerations for Lifestyle Spending Accounts
"While offering [a lifestyle spending account (LSA)] generally can be relatively simple from a legal standpoint, there are some important considerations employers should understand ... Because LSAs are not tax-advantaged benefits, employers ... are free to determine the
dollar amount available, the benefits available for reimbursement, who will be eligible for the LSA, and the process for reimbursement of expenses." MORE >>
Arthur J. Gallagher & Co.
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Policy Considerations to Prevent Drug Shortages and Mitigate Supply Chain Vulnerabilities in the United States (PDF)
19 pages. "This paper describes policy concepts for consideration, including collaboration with the private sector to develop and implement a Manufacturer Resiliency Assessment Program (MRAP) and a Hospital Resilient Supply Program (HRSP). As described, the combination of these
programs would bring transparency into the market, link purchasing and payment decisions to supply chain resilience practices, and incentivize investments in supply chain resilience and diversification in the supply chain -- including domestic manufacturing -- at a scale that would drive impactful change in the market." MORE >>
Assistant Secretary for Planning and Evaluation [ASPE], U.S. Department of Health and Human Services [HHS]
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HHS Submits Annual Report to Congress on HIPAA Privacy, Security, and Breach Notification Rule Compliance
"Notwithstanding the challenges faced by OCR in enforcing HIPAA compliance amidst rising cybersecurity threats and increasing regulatory responsibilities, the Report provides valuable insight into the OCR investigation process.... [The] steeper penalties resulting from failure to maintain recognized security practices should serve as a cautionary tale to covered entities and business associates. Based on the findings highlighted in the Report, here are ... recommendations for entities regulated by HIPAA to
improve compliance and enhance data protection efforts." MORE >>
Benesch
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Benefits in General |
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[Official Guidance]
Text of EBSA Meeting Notice for ERISA Advisory Council
"[T]he 221st open meeting of the [ERISA Advisory Council] will be held on Tuesday, May 14, 2024.... The meeting will take place at the [DOL offices in Washington DC]. The meeting will also be accessible via teleconference and some participants, as well as members of the
public, may elect to attend virtually. ... The purpose of the open meeting is to set the topics to be addressed by the Council in 2024. Also, the ERISA Advisory Council members will receive an update from leadership of the Employee Benefits Security Administration (EBSA)." MORE >>
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
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Employee Benefits Jobs
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Selected New Discussions |
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COBRA Beneficiary Adding Former Employee at Open Enrollment
"Spouse received longer COBRA coverage period at employee's termination then the employee's 18-month coverage period because of employee's Medicare coverage prior to termination. Is there any restriction on the covered spouse adding the former employee back to
coverage (here just the dental plan) during the next open enrollment? It seems the spouse (as a qualified beneficiary) must be provided the same election/enrollment rights as an active employee which would permit election of employee + spouse coverage."
BenefitsLink Message Boards
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Press Releases |
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Freedom Fiduciaries® Unveils Revolutionary Retirement Plan System, Freedom 360
Freedom Fiduciaries
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MissionSquare Retirement Announces Retirement of Chief Investment Officer Wayne Wicker Following Distinguished Financial Services Career
MissionSquare Retirement
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ERISA 50th Anniversary Symposium & Gala: Call for Research Papers
American Retirement Association [ARA]
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Webcasts and Conferences (Health & Welfare Plans) |
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Pharmacy Pulse: New Cutting-Edge, Compelling, and Costly Treatments
May 15, 2024 WEBINAR
Conference of Consulting Actuaries
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The Employer’s Mental Health Parity Update for 2024
May 29, 2024 WEBINAR
Baldwin Risk Partners
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ERISA 2024: The Evolving World
August 5, 2024 in NY
PLI [Practising Law Institute]
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Last Issue's Most Popular Items |
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Heightened Fiduciary Standards Are Coming to Group Health Plans
Holland & Hart LLP
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Text of HHS Final Rule: Notice of Benefit and Payment Parameters for 2025 (PDF)
Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS]; and Department of the Treasury
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Agencies Issue Final Regs for Fixed Indemnity Coverage
Lockton
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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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