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Health & Welfare Plans Newsletter

November 27, 2024

4 New Job Opportunities 4 New Job Opportunities

 

[Guidance Overview]

Deadline Nears for Plan Sponsors to Sign Attestations for Access to Health Plan Data

"To comply with the Consolidated Appropriations Act of 2021, employers must attest that service providers have removed gag clauses from health care contracts by December 31, 2024 ... Plans and carriers must complete the Gag Clause Prohibition Compliance Attestation form electronically, using the form provided [by HHS]."  MORE >>

planadviser

[Guidance Overview]

Missouri's New Paid Sick Leave Law: Frequently Asked Questions

"Which employees are entitled to Paid Leave under Proposition A? ... How can employees use Paid Leave under Proposition A? ... What happens to employees' unused Paid Leave at the end of the year or the end employment? ... Can employers require employees to provide advance notice of their need for Paid Leave? ... Can employers require employees to provide proof of their need for Paid Leave?"  MORE >>

Husch Blackwell

Another Employer Files ERISA Lawsuit Against TPA Over Claims Data Dispute

"Owens & Minor alleges that its review of the Plan's claims data reveals that Anthem, an alleged functional fiduciary of the Plan ... violated its duties to the Plan in myriad ways, including by [1] causing the Plan to overpay claims or pay claims multiple times; [2] pocketing rebates and provider discounts that should have benefitted the Plan; and [3] agreeing to less favorable terms with providers for self-insured plans in order to benefit its fully insured business.... The complaint supplements the ERISA claims with state law causes of action for breach of contract, breach of fiduciary duty and the duty of good faith, and fraud." [Owens & Minor, Inc. v. Anthem Health Plans of Virginia, Inc., No. 24-0820 (E.D. Va. complaint filed Nov. 18, 2024)]  MORE >>

Miller & Chevalier

Employers May Follow Medicare Coverage of GLP-1 Weight Loss Drugs

"Currently, fewer than one in five large employers are covering such prescriptions despite the boom in popularity of expensive GLP-1 drugs to treat weight loss ... [Employers] who follow the Biden administration's move to expand access to anti-obesity medications such as Ozempic and Wegovy ... should be prepared to pay bigger health insurance premiums for their workers."  MORE >>

Forbes; subscription may be required

Proposed Coverage of Anti-Obesity Drugs in Medicare and Medicaid Would Expand Access to Millions of People with Obesity

"[The proposal] would authorize Medicare and Medicaid coverage of anti-obesity medications for people with obesity but not people who are overweight.... Medicare Part D drug plans and state Medicaid programs could still apply utilization management tools such as prior authorization, which could limit access.... [T]he proposal would increase Medicare spending by $25 billion ... over 10 years (net of rebates) and would apply to around 3.4 million people with Medicare[.]"  MORE >>

Henry J. Kaiser Family Foundation

Biden Administration Pushes Anti-Obesity Drug Pressure to Trump

"The Biden administration's move, which would take effect in 2026, would expand access to drugs like Novo Nordisk's Ozempic or Wegovy for 3.4 million Americans on Medicare ... Officials said they do not expect this would raise seniors' premiums.... It's unclear how the Trump administration will view Medicare coverage of GLP-1s.... The cost is expected to be a key sticking point, particularly as the administration promises to cut back federal spending[.]"  MORE >>

AXIOS; free registration may be required

How to Financially Optimize Value-Based Care

"Value-based care emphasizes improved patient outcomes while managing costs, something easier said than done. The transition requires CFOs to rethink their financial strategies to not only ensure the health system's sustainability, but also to strengthen its role as a vital community partner."  MORE >>

HealthLeaders Media

Survey Shows Workers Value Employer-Provided Health Coverage

"A growing majority of consumers (75%,+12% since April 2023) are satisfied with their current employer-provided coverage.... 74% (+6%) prefer to get their coverage through their employer over a federal or state government program.... While unhappy with coverage costs, 63% of respondents identified the comprehensiveness of coverage as a greater priority than affordability (31%).... 67% of respondents reported considering it important for health insurance plans to cover telehealth services"  MORE >>

Solutions Law Press

GAO Report on Private Health Plans: Comparison of Employer-Sponsored Plans to Healthcare.gov Marketplace Plans

"GAO compared monthly premiums per covered individual for employer-sponsored and Marketplace plans ... [and] found that ... in 2022, the estimated average monthly premiums for employer-sponsored plans were lower than the average premiums for Marketplace plans.... [A]fter employer contributions to employee premiums and federal premium tax credits for Marketplace plans, the average estimated monthly enrollee contributions to premiums per covered individual for employer-sponsored plans were higher than the average enrollee contributions to premiums for Marketplace plans. Taxes complicate comparability because enrollee contributions to employer-sponsored plans do not reflect their cost after tax savings." [GAO-25-106798 Nov 27, 2024]  MORE >>

U.S. Government Accountability Office [GAO]

[Opinion]

Why GLP-1 Patients Need Access to Behavioral Health Support

"Even though surveys suggest one-in-eight Americans have tried GLP-1s (15 million), many patients have been largely left to figure out how to take the medication and maintain the weight loss on their own. For many, behavioral health screening and support is largely absent from GLP-1 prescriptions provided by primary care or online virtual care solutions. In my view, it's irresponsible given the need. What should employers, their advisers and healthcare professionals be doing about this?"  MORE >>

ebn

Benefits in General

[Guidance Overview]

Employee Benefit Developments and Year-End Considerations

"[R]egulators have been busy issuing much-needed guidance ... relating to [1] implementing penalty-free withdrawals for emergency personal expenses and domestic abuse distributions, [2] the RMD rules, and [3] implementing the long-term, part-time employee (LTPT) rules, among others.... Health and welfare plans have seen a significant uptick in the amount of new guidance compared with a typical year.... [A] number of lawsuits filed against retirement plan sponsors alleging violations of fiduciary duties with respect to the use of retirement plan forfeitures.... As with retirement plans, health and welfare plans are subject to fiduciary duties under ERISA."  MORE >>

Smith & Downey, P.A.

Employee Benefits Jobs

View job as TPA Retirement Plan Administrator for Cetera Retirement Plan Specialists

TPA Retirement Plan Administrator

Cetera Retirement Plan Specialists

Carlisle IA / Des Moines IA / Dallas TX / Dallas TX / Hybrid

View job as TPA Retirement Plan Administrator for Cetera Retirement Plan Specialists
View job as Client Success Specialist (TPA Expert for AI Software) for Stax.ai

Client Success Specialist (TPA Expert for AI Software)

Stax.ai

Scottsdale AZ

View job as Client Success Specialist (TPA Expert for AI Software) for Stax.ai
View job as ESOP Retirement Account Administrator for Alerus

ESOP Retirement Account Administrator

Alerus

Remote

View job as ESOP Retirement Account Administrator for Alerus
View job as ESOP Administrator for Blue Ridge Associates

ESOP Administrator

Blue Ridge Associates

Remote

View job as ESOP Administrator for Blue Ridge Associates

Press Releases

Bain Capital Completes Acquisition of Envestnet

Bain Capital

Webcasts and Conferences
(Health & Welfare Plans)

Connecticut Paid Sick Leave

RECORDED

Shipman & Goodwin LLP

Health Policy Update: Impact of the 2024 U.S. Elections

RECORDED

Epstein Becker Green

Post-Pandemic Mortality Trends: A Cross Discipline Discussion

January 22, 2025 WEBINAR

Conference of Consulting Actuaries

Last Issue's Most Popular Items

HSA Eligibility and Telehealth: Where Do We Stand?

Willis Towers Watson

The New HIPAA Reproductive Health Rule: What You Need to Know

Holland & Hart LLP

How Can Employers Address Lawsuits on Tobacco Surcharge Programs?

Willis Towers Watson

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

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