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Health & Welfare Plans Newsletter

December 11, 2024

4 New Job Opportunities 4 New Job Opportunities

 

[Guidance Overview]

MHPAEA Final Regs Are Here: What You Need to Know

"Plans that are not fully insured and covered by MHPAEA should consult with their [TPA] ... to collect and analyze the data needed to comply with the MHPAEA final regulations and the required NQTL comparative analyses.... [P]lan sponsors that have a separate prescription drug benefit administered by a [PBM] should confirm that the PBM or another service provider is completing the comparative analyses in connection with the drug benefits."  MORE >>

Calfee, Halter & Griswold LLP

[Guidance Overview]

Extension of Certain Timeframes for Participants in Group Health Plans Affected by Hurricanes Helene and Milton

"In general, the items receiving extensions for participants and beneficiaries are similar to those receiving extensions that were provided with respect to COVID-19, e.g., claims filing deadlines, but begin based upon the geographic locale of the participants and beneficiaries, and the extensions all have an end date of May 1, 2025."  MORE >>

Cheiron

[Guidance Overview]

New York’s New Paid Prenatal Leave Benefit: Are You Ready for January 1, 2025?

"The New York Department of Labor has issued guidance on the new Paid Prenatal Leave Law, effective January 1, 2025.... The guidance clarifies various aspects of the new law, including that paid prenatal leave is a separate benefit, that the law covers all private-sector employees in the state, regardless of size, and that employers are prohibited from asking for details about the reasons for prenatal appointments."  MORE >>

Ogletree Deakins

[Guidance Overview]

California Regulates Use of AI by Health Plans

"Effective January 1, 2025, a HCSP must ensure the use of any AI or other software tool in prospective, retrospective, or concurrent UR/UM functions based (in whole or in part) on medical necessity satisfies several requirements[.]"  MORE >>

Boutwell Fay LLP

Navigating the New Landscape: Critical Pharmacy Benefit Trends Employers Must Understand (PDF)

"69% of employers see [cell and gene therapy (CGT)] affordability as a moderate or major challenge ... 32% of employers are confident in their understanding of the financial impact of CGTs ... Three-quarters of employers are moderately or very concerned about affordability of GLP-1s, and that same proportion have experienced increased GLP-1 spend ... [E]mployers are showing their declining satisfaction with their PBMs through lower willingness to recommend their PBM to others."  MORE >>

EPIC Brokers; free registration may be required

Prices Paid to Hospitals by Private Health Plans: Findings from an Employer-Led Transparency Initiative

"Only Arkansas had an overall relative price below 170 percent of Medicare prices, while other states ... had relative prices that were above 300 percent of Medicare prices. In 2022, across all hospital inpatient and outpatient services ... employers and private insurers paid, on average, 254 percent of what Medicare would have paid for the same services at the same facilities.... Prices for common outpatient services performed in ambulatory surgery centers (ASCs) averaged 171 percent of Medicare prices[.]"  MORE >>

RAND Corporation

Is the DOL Turning FMLA Investigations Into FLSA Investigations?

"If you've been involved in a DOL investigation over the past year, you've noticed a new format for the long-itemized list of information DOL seeks in an FMLA investigation.... Apparently, DOL investigators have been told to collect more information and investigate further, even in FMLA cases. In these matters, investigators are expected to push for payroll information, even when the FLSA is not implicated in a complaint. The goal? To leave no FMLA or FLSA stone unturned."  MORE >>

FMLA Insights

[Opinion]

Election Impact: Employee Benefits Rundown

"With little known regarding potential healthcare policy change, this article discusses considerations for employer plan sponsors on how a second term for President Trump could impact employer health plans."  MORE >>

Sequoia

Benefits in General

[Opinion]

Employment and Employee Benefits Areas to Watch in Trump’s Second Term

"The incoming Trump administration will likely pull back from defending Biden-era rules from court challenges, including the Federal Trade Commission's recent ban of noncompetes, the DOL's updated definition of an investment advice fiduciary under ERISA and a DOL rule permitting ERISA fiduciaries to consider ESG issues when making investment decisions. Changes in regulation at the federal level could lead to an increase in legislative and judicial activity at the state level ... The new administration, like Trump's previous administration, will likely target the [ACA] and other healthcare-related policies, leading to significant changes ahead in healthcare coverage requirements."  MORE >>

Debevoise & Plimpton LLP

Employee Benefits Jobs

View job as Client Relationship Manager for Nova 401(k) Associates

Client Relationship Manager

Nova 401(k) Associates

Remote

View job as Client Relationship Manager for Nova 401(k) Associates
View job as Retirement Plan Consultant - Combo Plans for Definiti

Retirement Plan Consultant - Combo Plans

Definiti

Remote

View job as Retirement Plan Consultant - Combo Plans for Definiti
View job as Actuarial Analyst - Combo Plans for Definiti

Actuarial Analyst - Combo Plans

Definiti

Remote

View job as Actuarial Analyst - Combo Plans for Definiti
View job as DB/Cash Balance Plans Analyst for TPA

DB/Cash Balance Plans Analyst

TPA

Remote

Press Releases

Please Welcome Eric Smith to Kushner & Company's Retirement Team

Kushner & Company

Webcasts and Conferences
(Health & Welfare Plans)

Employee Benefit Plans: Lessons and Strategies for Success

RECORDED

Moss Adams

Last Issue's Most Popular Items

Text of CMS Letter to Stakeholders: Language Access Provisions of the Final Rule Implementing Section 1557 of the ACA (PDF)

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

HIPAA Rule Strengthening the Privacy of Reproductive Health Care Services Takes Effect December 23

Shipman & Goodwin LLP

Lawmakers Want States to Regulate Single-State Self-Insured Health Plans

BenefitsPro; free registration required

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

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