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 87

Health Savings Account Deductions Deductible Employee Benefits 87

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 82

Health and Welfare Employee Benefits Flexible Spending Flexible Spending Account 82

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.

Health and Welfare 97

Health and Welfare Work From Home Employee Benefits IT 97

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.,

Employee Benefits 81

Employee Benefits Health and Welfare Medical 81

AssuredPartners

JULY 30, 2023

Every year the Department of Labor (DOL) Wage & Hour Division reviews the cost of health coverage to determine if or how much the Health & Welfare (H&W) should increase or stay the same as the prior year. per hour (increased from $4.80) $ 4.57 per hour for EO 13706 contracts (increase from $4.41) $ 2.15

Health and Welfare 52

Health and Welfare Healthcare Government 52

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.

Deductions 52

Deductions Deductible Family and Medical Leave Act Health and Welfare 52

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.

Health and Welfare 59

Health and Welfare Consulting Retail Banking 59

McDermott Will & Emery Employee Benefits

NOVEMBER 17, 2022

The post Way Too Early Preview: What the Midterm Election Results Might Mean for Health Policy in 2023 appeared first on EMPLOYEE BENEFITS BLOG. Changes from one party to another in Congress, even in just one chamber, can mean big changes in policy progress […].

Employee Benefits 71

Employee Benefits Health and Welfare 71

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

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.

Electronics 75

Electronics Healthcare Employee Benefits Health and Welfare 75

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.

Deductions 40

Deductions Deductible Family and Medical Leave Act Health and Welfare 40

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 64

Health Savings Account Deductions Deductible Employee Benefits 64

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 66

Health Savings Account Deductions Deductible Employee Benefits 66

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?

Pharmaceutical 91

Pharmaceutical Manufacturing Management Government 91

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

Transportation 59

Transportation Flexible Spending Account Flexible Spending Retirement Plan 59

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

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. .

401(k) 52

401(k) Deductions Deductible Health Savings Account 52

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?

Healthcare 78

Healthcare Employee Benefits Health and Welfare 78

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.

Health and Welfare 59

Health and Welfare Paid Leave Parental Leave Work From Home 59

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.

Deductions 79

Deductions Deductible Employee Benefits Health and Welfare 79

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.

Employee Benefits 68

Employee Benefits Health and Welfare 68

Vantage Circle

SEPTEMBER 23, 2023

In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” Enhancing Employee Health And Well-being: Benefits like health insurance, wellness programs, and mental health support contribute to employees' physical and emotional well-being.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits 401(k) Employment 59

McDermott Will & Emery Employee Benefits

MARCH 2, 2023

On January 30, 2023, the Biden administration announced its intention to make final extensions of both the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) through May 11, 2023, at which point both will end.

Employment 72

Employment Government Employee Benefits Health and Welfare 72

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.

Health and Welfare 52

Health and Welfare Education Employee Benefits IT 52

Snell & Wilmer Benefits

JULY 31, 2023

During the COVID-19 Public Health Emergency, Medicaid programs had to keep people continuously enrolled to receive enhanced federal funding. Because this continuous enrollment provision ended March 31, 2023, millions of individuals are going to lose Medicaid and CHIP coverage. Furthermore, because HHS estimates 3.8

Insurance 52

Insurance Education Employment IT 52

McDermott Will & Emery Employee Benefits

MARCH 29, 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).

Government 73

Government Employee Benefits Health and Welfare Health Insurance 73

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.

Family and Medical Leave Act 52

Family and Medical Leave Act Health and Welfare Paid Leave Overtime 52

McDermott Will & Emery Employee Benefits

MAY 4, 2023

Committees in both the US House and Senate held hearings on legislation focused on increasing transparency and competition in the healthcare system that could have significant impacts for certain healthcare providers, healthcare plans and pharmacy benefit managers. […] The post Healthcare Preview for the Week of May 1, 2023 appeared first on (..)

Healthcare 71

Healthcare Employee Benefits Health and Welfare Management 71

Employee Benefits

APRIL 1, 2024

Benefex’s Evolution report: the employee edit , published in October 2023, revealed that while 14% of organisations have a single global platform for all employee benefits provision, another 72% are planning to implement one. Employers that want to offer interactions with providers and brokers should use effective and robust solutions.

Technology 104

Technology Health and Welfare Voluntary Benefits Payroll System 104

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.

Health and Welfare 52

Health and Welfare Human Resources Taxes Technology 52

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).

Health and Welfare 80

Health and Welfare Media Technology Software 80

Empuls

OCTOBER 16, 2023

World Stroke Day was established by the World Stroke Organization in 2006 to emphasize the importance of stroke as a global health issue. Regular physical activity is an effective way to reduce stroke risk, as it helps maintain a healthy weight and promotes better cardiovascular health. Your health is your wealth.

Family and Medical Leave Act 52

Family and Medical Leave Act Health and Welfare Education Medical 52

McDermott Will & Emery Employee Benefits

NOVEMBER 8, 2023

We continue our investigation of proposed regulations under the Mental Health Parity and Addiction Equity Act (MHPAEA) issued by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is available here.

Employee Benefits 85

Employee Benefits Health and Welfare Employment 85

McDermott Will & Emery Employee Benefits

MAY 18, 2023

The Biden administration previously 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 series introduction for more information).

Employee Benefits 80

Employee Benefits Health and Welfare Health Insurance Insurance 80

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 following chart summarizes the 2024 limits for benefit plans.

401(k) 52

401(k) Health Savings Account Retirement Plan Deductions 52

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.

Employee Benefits 76

Employee Benefits Health and Welfare 76

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 78

Employee Benefits Health Savings Account Health and Welfare Deductions 78