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Prescription Drug Data Reporting: What the “Good Faith Compliance” Extension Really Means for Self-Funded Group Health Plans

McDermott Will & Emery Employee Benefits

We recently reported on an FAQ issued December 23, 2022 (FAQ About Affordable Care Act and Consolidated Appropriations Act, 2021 Implementation Part 56) by the US Departments of Labor, Health and Human Services and the Treasury (collectively, the Departments).

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Surprise Medical Billing Law ‘Not Working the Way We Want It to Work’

McDermott Will & Emery Employee Benefits

According to this Politico Pro article, private equity groups are disproportionately benefiting from the No Surprises Act, and the law may inadvertently lead to higher health insurance premiums. The post Surprise Medical Billing Law ‘Not Working the Way We Want It to Work’ appeared first on EMPLOYEE BENEFITS BLOG.

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Conversations on Healthcare Governance

McDermott Will & Emery Employee Benefits

The post Conversations on Healthcare Governance appeared first on EMPLOYEE BENEFITS BLOG.

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Inflation and ERISA Penalties: Hand in Hand for 2022

McDermott Will & Emery Employee Benefits

The post Inflation and ERISA Penalties: Hand in Hand for 2022 appeared first on EMPLOYEE BENEFITS BLOG. The increased penalties generally apply to reporting and disclosure failures if the penalty is assessed after January 15, 2022, and if the violation occurred after […].

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10 People Sustainability Strategies for Your Business

Vantage Circle

So, let's delve deep on how you can cultivate a culture of people sustainability that nurtures growth and development for you and your employees. Better Employee Health and Well-being Prioritizing people sustainability can lead to a healthier and more motivated workforce, with lower rates of stress, burnout, and absenteeism.

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Employers Explore Abortion Coverage Continuation

McDermott Will & Emery Employee Benefits

The post Employers Explore Abortion Coverage Continuation appeared first on EMPLOYEE BENEFITS BLOG. This state-by-state rulemaking will cause some difficulty for employer plans, and employers are increasingly exploring […].