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

Achievers

JUNE 20, 2017

In fact, the Society for Human Resource Management (SHRM) noted in its 2016 Employee Benefits survey report that 61 percent of HR professionals polled last year described their employees’ financial health as no better than “fair” and 17 percent reported their employees were “not at all financially literate.”.

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McDermott Will & Emery Employee Benefits

MAY 6, 2025

The Internal Revenue Service recently announced cost-of-living adjustments to the applicable dollar limits for health savings accounts, high-deductible health plans, and excepted benefit health reimbursement arrangements for 2026. Read more here.

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Health Savings Account Deductions Deductible Health and Welfare 52

InterWest Insurance Services

DECEMBER 9, 2024

February 18, 2025 12:00 pm 1:00 pm Many employers struggle with how to handle health and welfare benefit eligibility and employee contributions during employee leaves of absence. We will help employers think through the compliance requirements for handling health and welfare benefits during different types of leave (e.g.,

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Health and Welfare Employment 52

Achievers

DECEMBER 19, 2023

Employee wellbeing is a holistic measure of the physical and emotional welfare of individuals at your workplace. Analyzing these objective metrics provides a snapshot of the physical health and safety conditions within your organization. Mental health Mental health is a core part of employee wellbeing.

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McDermott Will & Emery Employee Benefits

NOVEMBER 1, 2023

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. Certain health and welfare plan limits have not yet been released.

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Health and Welfare Employee Benefits Flexible Spending Account Health Savings Account 105

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.

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Health and Welfare Employee Benefits Flexible Spending Flexible Spending Account 105

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.

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Hospitality Healthcare Employee Benefits Health and Welfare 105

McDermott Will & Emery Employee Benefits

NOVEMBER 5, 2024

The Internal Revenue Service (IRS) has announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2025. Most of the dollar limits that are subject to adjustment for cost-of-living increases will increase for 2025.

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Government Employee Benefits Employment Health and Welfare 52

International Foundation of Employee Benefit Plans

JANUARY 13, 2023

Health and Retirement Plans Subject to ERISA (Includes Multiemployer Plans) Health and Welfare. Plan sponsors and administrators are encouraged to reference these comprehensive calendars to stay on track in 2023.

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Health and Welfare Employee Benefits Retirement Plan 401(k) 105

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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Health and Welfare Healthcare Employee Benefits 98

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

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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Healthcare Consulting Employee Benefits Health and Welfare 105

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

COMPackage

FEBRUARY 25, 2025

Incentive and welfare program for employee retention, building staffs loyalty reduce resignation rate for important talent, boss holding magnet to pull back resigned or leaving employee. Beyond salaries, offer benefits that align with employees needs, such as health insurance, retirement plans, and wellness programs.

Employee Retention 52

Employee Retention Health and Welfare Health Insurance Retirement Plan 52

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.

Health Savings Account 105

Health Savings Account Deductions Deductible Employee Benefits 105

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

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

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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Medical Employee Benefits Health and Welfare 105

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

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

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

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

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

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 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

Proskauer's Employee Benefits & Executive Compensa

AUGUST 26, 2022

Absent such a finding by the DOL, the insurance plan would be governed by more restrictive state insurance mandates that limit rights of subrogation and reimbursement.

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Health Insurance Insurance Health and Welfare Government 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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Health Insurance Employment Medical Insurance 104

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

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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Healthcare Employee Benefits Health and Welfare 98

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

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

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

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

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

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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Hospitality Healthcare Education Employee Benefits 105

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.

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