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 64

McDermott Will & Emery Employee Benefits

FEBRUARY 5, 2024

What does December 31, 2024, mean to you? Post-2024 election? Our answer: December 31, 2024, is when we will go over a “telehealth cliff” if Congress fails to act before that date, directly impacting care and access for Medicare beneficiaries. New Year’s Eve? Too far away to know? What is this telehealth cliff?

Employee Benefits 94

Employee Benefits Health and Welfare 94

InterWest Insurance Services

DECEMBER 20, 2023

WHEN: Tuesday, January 23, 2024 12:00 PM – 1:00 PM JOIN US: InterWest is a proud sponsor of Summit Employee Benefits Online education. In partnership, we are offering access to the upcoming complimentary webinar.

Health and Welfare 40

Health and Welfare Education Employee Benefits Employment 40

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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Health and Welfare Employment Healthcare Pharmaceutical 85

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 20, 2023

On November 9th, the IRS announced additional inflation adjustments for 2024, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. The new limits are set forth below.

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Transportation Flexible Spending Account Flexible Spending Retirement Plan 59

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 following chart summarizes the 2024 limits for benefit plans. The 2023 limits are provided for reference.

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401(k) Health Savings Account Retirement Plan Deductions 52

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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Employee Benefits Health and Welfare 78

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

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 84

Employee Benefits Health and Welfare 84

McDermott Will & Emery Employee Benefits

MAY 14, 2024

On March 18, 2024, the US Department of Health and Human Services Office for Civil Rights (OCR) issued an update to its December 1, 2022, bulletin titled “Use of Online Tracking Technologies by HIPAA Covered Entities and Business Associates.”

Technology 83

Technology Employee Benefits Health and Welfare Health Insurance 83

Achievers

APRIL 26, 2024

When is National Nurses Week 2024? National Nurses Week is from May 6 to 12, 2024. Wellness initiatives : Implement wellness programs or activities focused on nurses’ physical and mental well-being to show you care about their health. Eisenhower.

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Healthcare Health and Welfare Hospitality Education 163

Snell & Wilmer Benefits

SEPTEMBER 14, 2023

In particular, Code Section 4980H imposes penalties on large employers for failure to offer minimum essential coverage to 95% or more of their full-time employees (and dependents) or to provide affordable, minimum value health insurance. This means that premiums will likely need to be lower in 2024 to remain affordable.

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Health Insurance IT Insurance Employment 52

McDermott Will & Emery Employee Benefits

MARCH 28, 2024

On January 11, 2024, the US Department of Health and Human Services (HHS) published its new final rule governing federal healthcare conscience protection statutes.

Healthcare 91

Healthcare Government Employee Benefits Health and Welfare 91

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

AUGUST 8, 2022

The US House of Representatives approved a bipartisan bill that would extend Medicare telehealth flexibilities through the end of 2024; immediate US Senate action on the bill is unlikely, however. The post US House Passes Telehealth Extension Through 2024 appeared first on EMPLOYEE BENEFITS BLOG.

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Employee Benefits Health and Welfare 78

Empuls

FEBRUARY 26, 2024

Rising importance of well-being: There's a growing focus on mental health and overall well-being in the workplace, which holistic platforms effectively address.    Changing employee expectations: Today's employees seek meaningful work and personal growth opportunities, going beyond just financial compensation.  

Health and Welfare 52

Health and Welfare Financial Compensation Recruitment Technology 52

McDermott Will & Emery Employee Benefits

MAY 1, 2024

On March 13, 2024, Indiana enacted Senate Bill No. This new law goes into effect July 1, 2024, and has a more expansive reach than many of its peer transaction notice laws. […] The post Indiana Enacts New Law Requiring Notice of Healthcare Transactions appeared first on EMPLOYEE BENEFITS BLOG.

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Healthcare Employee Benefits Health and Welfare IT 86

McDermott Will & Emery Employee Benefits

OCTOBER 25, 2023

The US Drug Enforcement Administration and the Substance Abuse and Mental Health Services Administration have further extended flexibilities that allow providers to prescribe controlled substances via telemedicine without first performing an in-person visit. The extension runs through December 31, 2024. Read more here.

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Employee Benefits Health and Welfare 90

Workplace Insight

FEBRUARY 7, 2024

The government claims this also builds on its employment and welfare reforms – including the new £2.5 billion Back to Work Plan which will help thousands more disabled people and people with health conditions to start and thrive in work.

Health and Welfare 69

Health and Welfare Government Education Health 69

McDermott Will & Emery Employee Benefits

MAY 7, 2024

On April 1, 2024, the Centers for Medicare & Medicaid Services (CMS) released the Announcement of Calendar Year (CY) 2025 Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies, otherwise known as the rate announcement.

Employee Benefits 83

Employee Benefits Health and Welfare 83

McDermott Will & Emery Employee Benefits

MAY 9, 2024

On April 10, 2024, the Centers for Medicare & Medicaid Services (CMS) posted the Hospital Inpatient Prospective Payment System (IPPS) proposed update for fiscal year (FY) 2025, along with proposed policy and regulation changes.

Hospitality 74

Hospitality Employee Benefits Health and Welfare 74

McDermott Will & Emery Employee Benefits

NOVEMBER 30, 2023

California Governor Gavin Newsom recently signed Assembly Bill 352 and Assembly Bill 254 into law, effective January 1, 2024. Through these new laws, California seeks to mitigate the risk of out-of-state prosecution of individuals seeking abortions or gender-affirming care.

Employee Benefits 69

Employee Benefits Health and Welfare Healthcare 69

McDermott Will & Emery Employee Benefits

APRIL 25, 2024

On February 6, 2024, the US Centers for Medicare & Medicaid Services (CMS) issued a letter to all Medicare Advantage (MA) organizations and Medicare-Medicaid plans. Among the FAQs […] The post CMS Issues Guidance on Usage of AI in Making Coverage Determinations appeared first on EMPLOYEE BENEFITS BLOG.

Utilities 83

Utilities Employee Benefits Health and Welfare Management 83

Florida Workers' Comp

FEBRUARY 27, 2024

The predominant of these in the United States is the “police powers“ described by the words “health, safety, and welfare." A recent story from Korea is far different, British Broadcasting Corporation , February 2024. trillion" in health expenditures. Check the U.S. Constitution, Amend. 14 for discussion.

Health and Welfare 80

Health and Welfare Workers’ Compensation Medical Government 80

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.

Employee Benefits 79

Employee Benefits Health and Welfare 79

McDermott Will & Emery Employee Benefits

MARCH 7, 2024

On January 9, 2024, the Centers for Medicare and Medicaid Services (CMS) approved the New York State (NY) 1115 Medicaid waiver “Medicaid Redesign Team” (MRT).

Finance 81

Finance Employee Benefits Health and Welfare 81

McDermott Will & Emery Employee Benefits

MARCH 21, 2024

On January 31, 2024, the US Centers for Medicare & Medicaid Services (CMS) released the Advance Notice of Methodological Changes for Calendar Year (CY) 2025 for Medicare Advantage (MA) Capitation Rates and Part C and D Payment Policies. CMS also released a press release and fact sheet.

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Out of Pocket Cost Employee Benefits Health and Welfare Manufacturing 76

McDermott Will & Emery Employee Benefits

OCTOBER 3, 2023

If enacted, the proposed regulations would create significant requirements for PBMs and would require prompt compliance by January 1, 2024. The New York State Department of Financial Services recently announced the publication of proposed regulations that would increase the state’s oversight of pharmacy benefit managers (PBMs).

Employee Benefits 86

Employee Benefits Management Health and Welfare Pharmaceutical 86

Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 6, 2024

Last week, the Departments of Labor, Treasury and Health and Human Services (“the Departments”) issued an FAQ about the final Transparency in Coverage rules (“TiC Rules”).

Utilities 52

Utilities Health Insurance Insurance Health and Welfare 52

Proskauer's Employee Benefits & Executive Compensa

MARCH 16, 2023

of the California Labor Code, an “owner, director, officer, or managing agent” of an employer may be held personally liable for violating or causing a violation of any provision of the Labor Code relating to minimum wages or hours and days of work in any Wage Order of the Industrial Welfare Commission. For example, under Section 558.1

Banking 52

Banking Payroll 401(k) Health and Welfare 52

McDermott Will & Emery Employee Benefits

FEBRUARY 21, 2023

The Centers for Medicare & Medicaid Services (CMS) recently issued a proposed rule regarding Contract Year 2024 Policy and Technical Changes to the Medicare Advantage (MA) and Medicare Prescription Drug Benefit Programs.

Utilities 72

Utilities Employee Benefits Health and Welfare Management 72

Qandle

MARCH 12, 2024

10 HR Best Practices to Implement in 2024 In the dynamic landscape of modern workplaces, Human Resources (HR) Managements practices play a pivotal role in shaping organizational culture, enhancing employee satisfaction, and fostering productivity. Learn how Qandle HR Software can help you automate HR Software & stay 100% compliant!

Human Resources 59

Human Resources Health and Welfare Software Recruitment 59

Vantage Circle

MAY 6, 2024

Introduction In today's dynamic work landscape, prioritizing employee satisfaction and welfare is a cornerstone for organizational prosperity. Wellness Programs : Covers physical and mental health aspects, such as fitness challenges and stress management.

Software 107

Software Employee Recognition Payroll Health and Welfare 107

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. million of these individuals will be eligible for employer sponsored coverage, the Biden-Harris Administration wants group health plans to help their employees maintain health coverage.

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Insurance Education Employment IT 52