McDermott Will & Emery Employee Benefits

APRIL 18, 2024

offers some useful insights on the enforcement by private litigants of the Mental Health Parity and Addiction Equity Act (MHPAEA). UnitedHealth Group for the 2023 MHPAEA Proposed Rule appeared first on EMPLOYEE BENEFITS BLOG. UnitedHealth Group, Inc.,

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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%

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McDermott Will & Emery Employee Benefits

AUGUST 30, 2023

In May 2023, the Florida Legislature amended the Florida Electronic Health Records Exchange Act to add a provision regarding the security and storage of patient information. It took effect on July 1, 2023. Read more here. Read more here.

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McDermott Will & Emery Employee Benefits

MAY 17, 2023

Recently, the Internal Revenue Service (IRS) announced (See Revenue Procedure 2023-23) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted benefit health reimbursement arrangements (HRAs) for 2024.

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McDermott Will & Emery Employee Benefits

SEPTEMBER 29, 2022

On July 7, 2022, the Centers for Medicare & Medicaid Services (CMS) released the CY 2023 Revisions to Payment Policies Under the Physician Fee Schedule and Other Revisions to Medicare Part B Proposed Rule, which was published in the Federal Register on July 29, 2022.

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McDermott Will & Emery Employee Benefits

OCTOBER 3, 2022

On September 27, 2022, the Centers for Medicare & Medicaid Services (CMS) released 2023 premiums, deductibles and coinsurance amounts for Medicare Parts A and B, and the Medicare Part D income-related monthly adjustment amounts. The post CMS Announces 2023 Medicare Premiums and Deductibles appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

JANUARY 25, 2023

What is the primary force that will act on healthcare in 2023? Slattery and other industry professionals provide insight into the themes that will […] The post Healthcare Predictions for 2023: Hard Choices and Working Smarter appeared first on EMPLOYEE BENEFITS BLOG. What topics, trends and opportunities are hot this year?

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Employee Benefits

MAY 20, 2024

Health provider Novus Health has received living pension employer accreditation from the Living Wage Foundation. It employs 65 members of staff from its Horbury headquarters and four local health and wellbeing hubs in Wakefield, Pontefract, Normanton and Sandal. The employer pays in at least 7%, or £1,630.

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McDermott Will & Emery Employee Benefits

DECEMBER 27, 2023

December 2023 Update) appeared first on EMPLOYEE BENEFITS BLOG. Pharmacy benefit managers (PBMs) are a key stakeholder in the drug supply chain, functioning as intermediaries between insurance providers and pharmaceutical manufacturers. Congress and […] The post Pharmacy Benefit Manager Reform: What’s on the Horizon?

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McDermott Will & Emery Employee Benefits

NOVEMBER 19, 2024

The Consolidated Appropriations Act (CAA), 2023 (Public Law 117-328), extended certain key virtual care flexibilities instituted during the COVID-19 public health emergency through December 31, 2024. This includes the telehealth safe harbor for health savings account-eligible high deductible health plans.

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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.

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Employee Benefits

MAY 23, 2023

Credit: Peter_Fleming / Shutterstock.com Craft retailer Hobbycraft and software firm Softwire were named among the Best Companies to Work For in Q2 2023. Health and wellbeing is at the forefront of our employee policy. The post Hobbycraft and Softwire named Best Companies to Work For Q2 2023 appeared first on Employee Benefits.

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McDermott Will & Emery Employee Benefits

FEBRUARY 23, 2023

On January 25, 2023, the US Department of Health and Human Services (HHS) announced that more than 16.3 million people nationwide selected an ACA Marketplace health plan during the 2023 open enrollment period that ran from November 1, 2022, until January 15, 2023, for most marketplaces.

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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.

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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. The 2022 limits are provided for reference. .

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McDermott Will & Emery Employee Benefits

SEPTEMBER 14, 2023

On August 3, 2023, the US District Court for the Eastern District of Texas ruled on the implementation of the No Surprises Act in Texas Medical Association, et al. US Department of Health and Human Services, et al.

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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.

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McDermott Will & Emery Employee Benefits

APRIL 19, 2023

For example, California, Virginia, Colorado, Utah and Connecticut have new privacy laws coming into effect in 2023. We expect to see continued focus on privacy and security at the federal and state level.

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Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 20, 2023

Health FSAs 2022 2023 Increase from 2022 to 2023 Annual Contribution Limit $3,050 $3,200 $150 Carryover Limit $610 $640 $30 Qualified Transportation Fringe Benefits 2022 2023 Increase from 2022 to 2023 Transportation in a Commuter Vehicle or Transit Pass $300/month $315/month $15/month Qualified Parking $300/month $315/month $15/month

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Florida Workers' Comp

OCTOBER 10, 2023

Chatbot Wins (June 2016); Artificial Intelligence in our World (January 2017); Intelligence (November 2022); You're Only Human (May 2023). Most recently, AI and the Coming Regulation (September 2023) focused on the challenges with the law addressing this new tool that will change our world. Metadata and Makeup (May 2022).

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WEX Inc.

JUNE 11, 2024

Affordability, choice, and quality of care are always at the forefront and a driver for our decision-making about the health and welfare benefits we offer. News only considered companies that were a part of the Russell 3000 index as of June 2023 and had more than 75 Glassdoor reviews written between 2020-2023.

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Employee Benefits

JANUARY 3, 2024

Staff who are caring for close family members who require additional care due to a serious health condition or disability will be granted five days of caregiver leave, while employees impacted by domestic or sexual violence will be offered five days of paid leave, as well as extra support based on their various needs.

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McDermott Will & Emery Employee Benefits

MAY 10, 2023

On April 20, 2023, McDermott’s Alden Bianchi was a speaker at the ERISA Industry Committee’s 2023 Annual Spring Policy Conference, which was held at the National Press Club in Washington, D.C.

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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.

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Employee Benefits

DECEMBER 6, 2023

Vodafone prioritizes the financial wellbeing of its employees, by demonstrating a strong commitment to their overall financial health. They were highly commended for the Biggest Impact on Financial Health category at the Financial Wellbeing Impact Awards 2023.

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McDermott Will & Emery Employee Benefits

MARCH 26, 2024

In May 2023, the Texas Legislature passed Senate Bill No. The bill faced numerous legal challenges but ultimately went into effect on September 1, 2023. 14 (SB 14), which prohibits physicians and other licensed medical professionals from providing gender-affirming medical care to minors.

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McDermott Will & Emery Employee Benefits

APRIL 25, 2024

The letter covered frequently asked questions and answers related to the coverage criteria and utilization management requirements in the CMS Final Rule issued on April 5, 2023. Among the FAQs […] The post CMS Issues Guidance on Usage of AI in Making Coverage Determinations appeared first on EMPLOYEE BENEFITS BLOG.

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HR Digest

NOVEMBER 20, 2023

A Forbes Advisor summary of recruitment stats indicated that 46 percent of HR leaders reported recruiting as one of their top priorities for 2023. Working on these various aspects can ensure that employees prioritize your company’s welfare as well, What Are the Best Practices for Employee Engagement?

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Benefit Resource Inc.

AUGUST 29, 2023

This marks the first acquisition for BRI since it was purchased by Millennium Trust Company in July 2023. BRI is owned by Millennium Trust Company, a trusted provider of health, wealth, retirement, and benefits solutions. BRI was founded over 30 years ago and is based in Rochester, NY.

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McDermott Will & Emery Employee Benefits

JUNE 25, 2024

In December 2023, the National Association of Insurance Commissioners (NAIC) adopted a Model Bulletin on the Use of Artificial Intelligence (AI) Systems by Insurers. The model bulletin reminds insurance carriers that they must comply with all applicable insurance laws and regulations (e.g.,

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Higginbotham

FEBRUARY 19, 2024

29, 2024 for Calendar Year Plans Each year, group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) indicating whether the plan’s prescription drug coverage is creditable or non-creditable. DOL Releases Audit Results of ERISA Enforcement During 2023 The U.S.

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McDermott Will & Emery Employee Benefits

JANUARY 16, 2024

On November 6, 2023, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule for the Medicare Advantage and Part D programs. Among other proposals, CMS proposed significant changes to longstanding rules on permissible payment structures for agents and brokers.

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McDermott Will & Emery Employee Benefits

DECEMBER 26, 2023

On November 2, 2023, CMS released the calendar year 2024 final rule for services reimbursed under the Medicare Physician Fee Schedule. In […] The post Remote Monitoring and Digital Therapies: CMS Updates Coverage and Payment Policies appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

NOVEMBER 29, 2022

On September 29, 2022, California Governor Gavin Newsom signed Assembly Bill 1278, which requires physicians and their employers to provide patients with notices about the Open Payments database starting January 1, 2023.

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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. The 2022 CAA extends this relief to months beginning after March 31, 2022 and before January 1, 2023.

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Health and Welfare Deductions Deductible Employee Benefits 40

McDermott Will & Emery Employee Benefits

JULY 12, 2023

On May 19, 2023, Novitas Solutions and First Coast Options sent an email to certain interested parties, with whom they had engaged following the multijurisdictional contractor advisory committee (CAC) meeting, explaining that they have decided to not pursue at this time a local coverage determination for remote physiological monitoring (RPM) and remote (..)

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McDermott Will & Emery Employee Benefits

AUGUST 16, 2022

The US Centers for Medicare & Medicaid Services (CMS) recently released a report recommending that cost savings from lower-than-expected Medicare Part B spending be passed along to individuals with Medicare Part B coverage in the calculation of the 2023 Part B premium.

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