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Search the News Archive

23 Matching News Items

1.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
Dec. 3, 2018
"ERISA contains specific limitations periods for fiduciary claims ... But ERISA is silent for nonfiduciary suits such as health benefit claims, claims of interference with ERISA rights or document request claims.... To avoid the need to consult state law, a plan may specify that a claimant must bring suit within a certain period after a triggering event ... or within a certain period after completing the internal appeals process. Courts have long upheld such provisions, though courts in different jurisdictions have varied in their approach."
2.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
Oct. 18, 2018
"Natural disasters such as hurricanes, forest fires, ice storms and volcanic eruptions can result in widespread evacuations, work cessation and other disruptions that can significantly impact employees. For that reason, employers and benefit plans also should spend time considering and planning for disasters in a way that focuses on employees and plan participants. This article offers a look at several key planning areas."
3.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
Mar. 11, 2025
"Self-audits can help employee benefit plans avoid potential fines and costly corrections while also ensuring that they are paying benefits in accordance with their governing documents. These audits may be more attractive to plans following the passage of SECURE 2.0, which contains provisions that incentivize retirement plans to identify and correct errors."
4.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
May 11, 2022
"Employee benefit plans are attractive targets for hackers because they possess a lot of sensitive information and may have access to money. They also use a variety of third-party service providers which may make them more susceptible to attacks.... This article will offer 12 steps you should take before and during a data breach to ensure the best possible outcome for your employees and benefit plan participants as well as the organization as a whole."
5.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
Sept. 25, 2025
"Health plan sponsors continue to report issues navigating the IDR process and tend to pay significantly more for [out-of-network (OON)] services under the IDR process than if in-network rates applied.... Sponsors of fully insured plans are unlikely to have control over the IDR process because the insurer is responsible. Sponsors and fiduciaries of self-insured plans may want to request regular reporting from the plan's third-party administrator (TPA), if applicable, about the plan payments through the IDR process[.]"
6.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
Oct. 2, 2020
"Seeking strength in raw numbers, multiemployer plan trustees might consider a health plan merger with a counterpart as a way to leverage economies of scale and perhaps secure better prices for plan participants.... Mergers can result in the loss of autonomy for some plans, depending on the structure of the merger. Plans can agree to a partial merger, but this can lead to a contentious atmosphere among trustees if they don't establish trust and clear lines of communication."
7.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
Feb. 6, 2024
"Many multiemployer employee benefit plans use reciprocity agreements to allow workers to have benefit contributions earned by traveling workers transferred back to their home plans.... [P]lans may misunderstand how [these agreements] work.... Plan fiduciaries can reduce their risks in connection with reciprocity by requiring travelers to sign a reciprocity authorization agreement that includes a waiver of claims against the plan. Plan fiduciaries should establish policies to ensure that they have a sensible and defensible reciprocity program."
8.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
May 17, 2020
"Can high-deductible health plans provide 100% coverage before the deductible? ... Do the health coverage requirements apply to grandfathered plans and excepted benefits under the [ACA]? ... Which private sector employers are subject to the FFCRA paid leave requirements? ... Which employees count toward the 500-employee threshold? ... What documentation can an employer require for paid sick leave and expanded FMLA?" [Editor's note: Article does not reflect the expanded cafeteria plan election provisions of IRS Notice 2020-29.]
9.  Morgan Lewis in benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
July 11, 2022
"This article discusses nine areas of focus for DOL plan fiduciary investigations that may affect plan service providers, trustees and plan administrators. Plan fiduciaries and their service providers may want to consider a self-review of their ERISA compliance, especially with respect to these nine areas, before investigators come knocking on their door."
10.  benefits magazine, a publication of the International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
Oct. 6, 2014
"Balancing the needs of all members at all career phases will require plan trustees and sponsors to innovate and seek creative plan designs in order to ensure that members receive competitive benefits during their working careers and can retire with dignity. This article offers suggestions for trustees who are struggling to balance the current needs of their active members with the needs of those approaching retirement."
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