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.

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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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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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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.

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McDermott Will & Emery Employee Benefits

OCTOBER 22, 2024

Employee Retirement Income Security Act class action lawsuits filed earlier this year 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 (..)

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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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McDermott Will & Emery Employee Benefits

NOVEMBER 2, 2023

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

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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.

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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.

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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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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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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.

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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.

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McDermott Will & Emery Employee Benefits

DECEMBER 12, 2024

This client alert highlights important regulatory changes that will impact retirement plans and health and welfare plans in the coming year. With the 2025 plan year right around the corner, this is the ideal time for plan sponsors to ensure that plan operations comply with evolving legislative and regulatory requirements.

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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.

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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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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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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.

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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.

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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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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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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.

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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.

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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.

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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 […].

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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.

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Medical Employee Benefits Health and Welfare 98

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.

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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.

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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.

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Employee Benefits

APRIL 17, 2024

With the cost-of-living crisis enduring, employees from some sectors are likely to be seeking additional hours, usually through taking on overtime. Yet there are concerns this could have a negative impact on their mental health , adding to the stress they are already under.

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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

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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McDermott Will & Emery Employee Benefits

JANUARY 26, 2023

According to this Bloomberg article, disputes between providers and pharmaceutical companies were in limbo as the industry waited for the Biden administration to replace an administrative dispute resolution […] The post Drug Discount Review Boards Proposed by Biden Health Agency appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefits

OCTOBER 2, 2023

Employers should talk to employee with dementia about what they need rather than offering a one-size-fits-all approach. To get a comprehensive view of what they would benefit from, it is a good idea to involve their GP, says Kayleigh Frost, head of clinical at Health Assured. “As

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McDermott Will & Emery Employee Benefits

JANUARY 11, 2023

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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Employee Benefits

JANUARY 9, 2023

Wellbeing is certainly a buzzword, but put simply it can be defined as the moral or physical welfare of a person or community. This element of physical welfare, or physical activity per se, is crucial to achieving wellbeing in the workplace. Mental Health. Looking after your mind is just as important as looking after your body.

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Employee Benefits

MAY 23, 2023

Underfloor heating specialist firm Gaia Underfloor Heating has provided its workforce with training to promote mental health and staff wellbeing. Steven Rooney, director of Gaia Underfloor Heating, said: “Mind offers fantastic guidance and help for anyone with mental health problems.

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