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Health & Welfare Plans Newsletter

March 1, 2023

[Guidance Overview]

IRS Effectively Eliminates Paper Filing for Forms 1095-C

"In the final rule, the IRS dropped the threshold for electronic filing to 10 informational returns and now requires employers to aggregate certain informational returns when determining whether the employer has satisfied the 10-informational return threshold (while there are forms in addition to the Forms W-2 and 1095-C that must be aggregated for this purpose, these appear to be two of the more common informational returns that are subject to this aggregation requirement)."   MORE >>

Miller Johnson

DOL Moves for Time to Issue Modified Guidance on Health Plans

"The [DOL] has filed a motion asking a Texas federal district court to put a pending court battle on hold while it issues revised guidance on insurance plan coverage under ERISA.... DOL is proposing that it issue revised guidance on the issue of whether companies like Data Marketing fall under ERISA ... The agency also offered to file status reports with the court every 90 days during the review process. " [ Data Marketing Partnership, LP v. DOL , No. 20-11179 (5th Cir. Aug. 17, 2022; remanded to N.D. Tex. No. 19-800)]   MORE >>

Hall Benefits Law

Self-Insured Health Plans and Primary Care Physician Practices Find Mutual Advantages of Direct Contracting

"Superior results are achievable via a direct contracting arrangement where the plan sponsor and the health provider align their respective business interests by aligning their respective economic interests. Further, studies show that individuals incur lower costs where there is an established patient-primary care provider relationship."   MORE >>

aequum

[Opinion]

House Committee Investigation Keeps the Heat on PBMs

"In addition to the Federal Trade Commission's 6(b) study of PBMs and anticompetitive business practices and recent legislative developments in the U.S. Senate, momentum is clearly building in Washington in favor of PBM transparency and reforms. This also follows much state-level action to examine and change PBM practices."   MORE >>

National Community Pharmacists Association [NCPA]

Benefits in General

President Biden Nominates Julie Su for Secretary of the Department of Labor

"Julie Su ... currently serves as the Deputy Secretary of Labor, a position she has held since her July 2021 Senate confirmation. As Deputy Secretary, Su has worked side by side with Secretary Walsh to advance President Biden’s vision of a strong, resilient, inclusive economy with worker well-being at its center."   MORE >>

Executive Office of the President

Employee Benefits Jobs

View job as 401(k) Retirement Plan Account Manager
            for Kushner & Company

401(k) Retirement Plan Account Manager

Kushner & Company

Remote / Portage MI

View job as 401(k) Retirement Plan Account Manager for Kushner & Company

View job as Pension Plan Administrator
            for DeMars Pension Consulting Services, Inc.

Pension Plan Administrator

DeMars Pension Consulting Services, Inc.

Overland Park KS / Hybrid

View job as Pension Plan Administrator for DeMars Pension Consulting Services, Inc.

View job as Senior Retirement Plan Administrator
            for Prime Pensions

Senior Retirement Plan Administrator

Prime Pensions

Florham Park NJ

View job as Senior Retirement Plan Administrator for Prime Pensions

Press Releases

Webcasts and Conferences(Health & Welfare Plans)

The 3Ms and the Ties That Bind Federal Healthcare Regulatory Direction

April 12, 2023 WEBINAR

Conference of Consulting Actuaries

Last Issue's Most Popular Items

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BenefitsLink® Retirement Plans Newsletter, ISSN no. 1536-9587.

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