International Foundation of Employee Benefit Plans

JANUARY 13, 2023

Health and Retirement Plans Subject to ERISA (Includes Multiemployer Plans) Health and Welfare. Read more > The post 2023 Employee Benefits Reporting and Disclosure Calendars appeared first on Word on Benefits.

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Health and Welfare Employee Benefits Retirement Plan 401(k) 104

HR Lineup

APRIL 11, 2023

One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. Why are Global Benefits Services Important?

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Retirement Plan Health and Welfare Health Insurance Benefit Providers 246

McDermott Will & Emery Employee Benefits

OCTOBER 21, 2022

The Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2023.

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Employee Benefits Flexible Spending Account Employment Health Savings Account 98

Employee Benefits

MARCH 10, 2023

Retention rates are at a low, with 65% of employees thinking that they can find a better position elsewhere. A great way to improve retention rates is through offering great employee benefits. Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company.

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Employee Benefits Health and Welfare Health Insurance Work From Home 104

Empuls

AUGUST 28, 2024

This not only highlights the importance of employee benefits in fostering loyalty and satisfaction but also underscores the potential risks for companies that fail to prioritize this aspect of their compensation strategy. What are employee benefits providers? This reduces the administrative burden on HR departments.

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Benefit Providers Employee Benefits 401(k) Retirement Plan 40

Achievers

JUNE 20, 2017

Promoting financial wellness and addressing the negative effects of money-related stress on employees is often overlooked by companies when they seek to lessen the stress level of their workforce. Given the statistics above, there is much you can do to help your employees meet their financial goals.

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Health and Welfare Financial Counseling Human Resources Employee Retention 204

McDermott Will & Emery Employee Benefits

JULY 2, 2024

To adapt to the evolving healthcare landscape, health systems are seeking to identify alternatives to their traditional hospital-centric models and shift towards patient-centered care delivery.

Hospitality 105

Hospitality Healthcare Employee Benefits Health and Welfare 105

Empuls

AUGUST 27, 2024

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.

Family and Medical Leave Act 40

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

McDermott Will & Emery Employee Benefits

MAY 9, 2024

The Internal Revenue Service (IRS) recently announced (see Revenue Procedure 2024-25) 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 2025.

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Health Savings Account Deductions Deductible Employee Benefits 105

McDermott Will & Emery Employee Benefits

AUGUST 13, 2024

Recent lawsuits filed against the group health plans of two large US employers underscore the importance of implementing formal welfare benefit plan governance structures that include fiduciary committees comparable to the governance structures employer sponsors of retirement plans routinely adopt.

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Health and Welfare Retirement Plan Government Employment 52

McDermott Will & Emery Employee Benefits

NOVEMBER 2, 2023

Discrimination on the basis of disability has contributed to significant disparities in healthcare and child welfare.

Health and Welfare 98

Health and Welfare Healthcare Employee Benefits 98

McDermott Will & Emery Employee Benefits

FEBRUARY 21, 2024

What are some of the major health policy topics on Congress’s plate this year? The post Health Policy Outlook for 2024 appeared first on EMPLOYEE BENEFITS BLOG. Access the report.

Healthcare 105

Healthcare Consulting Employee Benefits Health and Welfare 105

McDermott Will & Emery Employee Benefits

DECEMBER 5, 2023

This post continues our focus on comment letters submitted in response to proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA). The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments).

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Employee Benefits Health and Welfare Medical 111

McDermott Will & Emery Employee Benefits

MAY 23, 2024

The New York State fiscal year 2024 – 2025 budget institutes a new tax on health plans, including insurers and managed care organizations. This tax has been garnering attention for its promise to yield $4 billion for New York State.

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Taxes Insurance Employee Benefits Management 98

McDermott Will & Emery Employee Benefits

MARCH 9, 2022

The continuation of the COVID-19 public health emergency (PHE) and consumer demand for digitally delivered healthcare not only necessitated the shift from in-person to virtual care, but also continued to drive interest, adoption, investment and transactions in digital health in 2021.

Healthcare 19

Healthcare Employee Benefits Health and Welfare Health Insurance 19

McDermott Will & Emery Employee Benefits

MARCH 5, 2024

Group health plan sponsors, third-party administrators and other health plan service providers must navigate a shifting legal landscape as they determine how to offer gender-affirming benefits, including whether − and to what extent − group health plans must cover gender-affirming medical or surgical treatments, especially regarding minors.

Medical 105

Medical Employee Benefits Health and Welfare 105

McDermott Will & Emery Employee Benefits

FEBRUARY 7, 2024

Multiple states – including Mississippi, New Jersey and Virginia – have been busy finalizing legislation and rulemaking to adopt interstate compacts and expand behavioral health access. The post States Adopt Interstate Compacts, Expand Behavioral Health Access appeared first on EMPLOYEE BENEFITS BLOG. Read more here.

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Employee Benefits Health and Welfare 104

Employee Benefits

JANUARY 10, 2024

In the UK, tackling absenteeism in the office requires employers to understand and fulfil their legal obligations regarding the health, safety, and welfare of their employees. The Health and Safety at Work Act 1974 imposes a duty of care on employers to protect their employees from work-related stress.

Health and Welfare 105

Health and Welfare Employment Pension Workplace Flexibility 105

McDermott Will & Emery Employee Benefits

APRIL 29, 2022

Recently, the Internal Revenue Service (IRS) announced (See Revenue Procedure 2022-24) 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 2023.

Health Savings Account 98

Health Savings Account Deductions Deductible Employee Benefits 98

McDermott Will & Emery Employee Benefits

JUNE 20, 2023

At a recent open Commission meeting, the Federal Trade Commission (FTC) voted unanimously to issue a Notice of Proposed Rulemaking to amend the Health Breach Notification Rule (HBNR). The FTC’s proposed amendment aims to codify the HBNR’s application to digital health and mobile technologies.

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Commissions Technology Employee Benefits Health and Welfare 98

McDermott Will & Emery Employee Benefits

AUGUST 3, 2023

Following in the footsteps of Washington State’s My Health My Data Act, the governors of Nevada and Connecticut recently approved Nevada SB 370 and Connecticut SB 3. These bills impose a number of new requirements on the processing of consumer health data.

Employee Benefits 98

Employee Benefits Health and Welfare 98

McDermott Will & Emery Employee Benefits

DECEMBER 13, 2023

The enactment of the Affordable Care Act in 2010 led to a sharp increase in employers self-funding their group health insurance plans, with the market tripling in size in the decade that followed.

Health Insurance 104

Health Insurance Employment Medical Insurance 104

McDermott Will & Emery Employee Benefits

APRIL 16, 2024

New state privacy laws regulating health data impose significant obligations and heightened litigation and regulatory risks. The post Key Takeaways | How to Prepare for New State Health Privacy Laws appeared first on EMPLOYEE BENEFITS BLOG. Access key takeaways and webinar replay.

Employee Benefits 104

Employee Benefits Health and Welfare Health Insurance Insurance 104

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.

Health Savings Account 94

Health Savings Account Deductions Deductible Employee Benefits 94

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. The post Guarding the Gateway: Florida Tightens Grip on Electronic Health Records Storage appeared first on EMPLOYEE BENEFITS BLOG. Read more here.

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Electronics Healthcare Employee Benefits Health and Welfare 103

McDermott Will & Emery Employee Benefits

MAY 2, 2023

The My Health My Data Act in Washington State (the Act) is expected to be signed into law by Governor Jay Inslee this year, after being passed by both the Washington Senate and House in different versions.

Employee Benefits 98

Employee Benefits Health and Welfare Commissions Health Insurance 98

McDermott Will & Emery Employee Benefits

JUNE 21, 2023

US lawmakers recently advanced a broad healthcare bill during a US House Energy & Commerce Health Subcommittee markup. In this Health Policy Breakroom podcast episode, McDermott+Consulting’s Debra Curtis and Rodney Whitlock break down the markup and address extenders, PBMs, site-neutral policies and the timing of this bill.

Healthcare 98

Healthcare Consulting Employee Benefits Health and Welfare 98

McDermott Will & Emery Employee Benefits

SEPTEMBER 19, 2023

Generally, these bills seek to codify (or modify) the requirements around hospital and health plan price transparency as […] The post A Look into House Efforts on Hospital and Health Plan Price Transparency appeared first on EMPLOYEE BENEFITS BLOG.

Hospitality 105

Hospitality Healthcare Education Employee Benefits 105

McDermott Will & Emery Employee Benefits

DECEMBER 15, 2022

A North Carolina health plan’s refusal to cover gender dysphoria treatment violated the Affordable Care Act. Biggs is a win for participants and parents of transgender children enrolled in the North Carolina State Health Plan for Teachers and State Employees. McDermott’s […].

Employee Benefits 98

Employee Benefits Health and Welfare 98

McDermott Will & Emery Employee Benefits

AUGUST 8, 2023

The proposed regulations […] The post Treasury, DOL and HHS Issue Landmark Mental Health Parity Proposed Rule appeared first on EMPLOYEE BENEFITS BLOG.

Medical 98

Medical Employee Benefits Health and Welfare 98

McDermott Will & Emery Employee Benefits

JANUARY 23, 2024

On January 2, 2024, McDermott filed an amicus curiae brief on behalf of the ERISA Industry Committee (ERIC) and the United States Chamber of Commerce (Chamber) in United Behavioral Health v. 23-586, in the US Supreme Court.

Employee Benefits 104

Employee Benefits Health and Welfare 104

McDermott Will & Emery Employee Benefits

APRIL 25, 2023

Major Points: […] The post Health Data in the EU and UK: Regulatory Trends and Developments appeared first on EMPLOYEE BENEFITS BLOG. Major Points: […] The post Health Data in the EU and UK: Regulatory Trends and Developments appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits 98

Employee Benefits Health and Welfare IT 98

McDermott Will & Emery Employee Benefits

AUGUST 24, 2023

What is the current state of digital health? In this TripleTree article, Alya Sulaiman offers her perspective on some of the essential AI questions facing the digital health space. Access […] The post Digital Health and the Direction of AI in Healthcare appeared first on EMPLOYEE BENEFITS BLOG.

Healthcare 98

Healthcare Employee Benefits Health and Welfare 98

McDermott Will & Emery Employee Benefits

NOVEMBER 24, 2021

A coalition launched by several major health systems and a hospital-at-home company aims to continue delivering hospital-level-at-home care in the wake of the COVID-19 pandemic. The post Major Health Systems, Hospital-at-Home Company Launch Advocacy Effort appeared first on EMPLOYEE BENEFITS BLOG.

Hospitality 96

Hospitality Consulting Employee Benefits Health and Welfare 96

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 12, 2024

The revised versions of these documents clarify that they apply not just to pension plans, but to health and welfare plans as well. The DOL recently issued revised versions of the original three documents in its Compliance Assistance Release No.

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Health and Welfare Pension Insurance Employee Benefits 40

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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Pension Health and Welfare Employment Salary 59

McDermott Will & Emery Employee Benefits

JUNE 1, 2023

The Internal Revenue Service (IRS) recently issued a Chief Counsel Advice memorandum to remind sponsors of health and dependent care flexible spending arrangements (FSAs) about their responsibility to adequately substantiate claims in order to receive favorable tax treatment under Section 125 of the Internal Revenue Code (the Code).

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Flexible Spending Taxes Employee Benefits Health and Welfare 98