McDermott Will & Emery Employee Benefits

NOVEMBER 10, 2023

On November 9, 2023, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain health and welfare plan benefits, including those for health flexible spending arrangements and commuter benefit plans, among other important updates.

Health and Welfare 105

Health and Welfare Employee Benefits Flexible Spending Flexible Spending Account 105

HR Digest

SEPTEMBER 16, 2023

Inflation is on the rise and so are the prices of everything, from gasoline to housing, with health benefits in the workplace the latest to report worrying numbers. Health benefits for employees are proving to be a huge investment for employers , with total health benefit cost per employee expected to rise 5.4%

Health and Welfare 85

Health and Welfare Employment Healthcare Pharmaceutical 85

Snell & Wilmer Benefits

JANUARY 24, 2023

If you sponsor a high deductible health plan (“HDHP”) and have been tracking telehealth relief, your head may be spinning and rightfully so! There have been various laws and guidance impacting HDHPs and telehealth since 2020 and most recently, new legislation extended relief for 2023 and 2024 plan years.

Deductible 40

Deductible Deductions Family and Medical Leave Act Health and Welfare 40

Benefits Notes

OCTOBER 24, 2022

On October 21, 2022, the Internal Revenue Service (IRS) released Notice 2022-55 , which sets forth the 2023 cost-of-living adjustments affecting dollar limits on benefits and contributions for qualified retirement plans. The following chart summarizes the 2023 limits for benefit plans. HDHP Minimum Deductible Limits.

401(k) 52

401(k) Deductions Deductible Health Savings Account 52

McDermott Will & Emery Employee Benefits

DECEMBER 28, 2022

On December 23, 2022, US Congress approved a year-end omnibus legislative package, Consolidated Appropriations Act, 2023 (CAA 2023), which consists of all 12 fiscal year 2023 appropriations bills and numerous other provisions, including health policy changes.

Healthcare 98

Healthcare Employee Benefits Health and Welfare Deductible 98

Benefits Notes

NOVEMBER 21, 2023

On November 1, 2023, the Internal Revenue Service (IRS) released Notice 2023-75 , which sets forth the 2024 cost-of-living adjustments affecting dollar limits on benefits and contributions for qualified retirement plans. The 2023 limits are provided for reference. The 2023 limits are provided for reference.

401(k) 52

401(k) Health Savings Account Retirement Plan Deductions 52

Snell & Wilmer Benefits

MARCH 29, 2022

Section 307 of the 2022 CAA extends the relief permitting high deductible health plans (“HDHPs”) to provide telehealth and other remote care services free of charge before a participant meets their required deductible, but there’s a catch. and “ COVID-19 and Cafeteria Plans – To Amend or Not to Amend? ”.

Health and Welfare 40

Health and Welfare Deductions Deductible Employee Benefits 40

Empuls

AUGUST 27, 2024

A Glassdoor 2023 survey found that, based on the sentiment of over 1,100 U.S. Take the example of a leading technology company where, by just introducing flex-time for its employees, allowing them to work from home, and far better health benefits, the whole approach toward implementing employee benefits was changed.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

McNees

JANUARY 13, 2023

The Consolidated Appropriations Act of 2023 (“Act”) was passed by Congress in late December 2022 and signed by President Biden on December 29, 2022. trillion dollar spending bill, contains provisions which modify the laws applicable to welfare benefit plans and retirement benefit plans. The Act, a $1.7 Retirement Benefit Plans.

401(k) 98

401(k) Health and Welfare Employee Benefits Deductions 98

McDermott Will & Emery Employee Benefits

MAY 3, 2023

The Biden administration originally announced its intent to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our prior article for more information).

Health Savings Account 95

Health Savings Account Deductible Deductions Employee Benefits 95

Benefits Notes

APRIL 7, 2023

On January 30, 2023, the Biden Administration announced that it intends for the National Emergency (“NE”) relating to the COVID-19 pandemic to end on May 11, 2023. Shortly after, the Secretary of the Department of Health and Human Services announced the intent to end the Public Health Emergency (“PHE”) on the same day.

Insurance 52

Insurance Deductions Deductible Medical 52

McDermott Will & Emery Employee Benefits

MARCH 22, 2023

The Biden administration has announced its intent to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our prior article for more information).

Employee Benefits 94

Employee Benefits Health and Welfare Deductible Deductions 94

McDermott Will & Emery Employee Benefits

APRIL 5, 2023

The Biden administration has announced its intention to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our series introduction for more information).

Employee Benefits 98

Employee Benefits Health Savings Account Health and Welfare Deductible 98

Higginbotham

FEBRUARY 14, 2023

White House Announces End of COVID-19 Emergency Periods – How This Will Impact Health Plans The Biden Administration has announced its plan to end the COVID-19 national emergency and public health emergency (PHE) on May 11, 2023.

Health and Welfare 52

Health and Welfare Human Resources Retirement Plan Deductions 52

Snell & Wilmer Benefits

MARCH 2, 2023

The Biden Administration recently announced its plan to end both the National Emergency and Public Health Emergency for COVID-19 (together, the “COVID-19 Emergencies”) on May 11, 2023. Limited COVID-related enforcement relief related to mental health parity rules. 1] The IRS provided this HDHP relief in IRS Notice 2020-15.

Health and Welfare 52

Health and Welfare Deductions Deductible Medical 52

Snell & Wilmer Benefits

MARCH 2, 2023

The Biden Administration recently announced its plan to end both the National Emergency and Public Health Emergency for COVID-19 (together, the “COVID-19 Emergencies”) on May 11, 2023. Limited COVID-related enforcement relief related to mental health parity rules. 1] The IRS provided this HDHP relief in IRS Notice 2020-15.

Health and Welfare 40

Health and Welfare Deductions Deductible Medical 40