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HR Technology Trends: Prepare for Outsourced Benefits Administration Service Fee Increases

We’re in the thick of fourth-quarter madness. Open enrollment is always a difficult time for benefits administration and human resources (HR) teams and turnover is common, but issues appear to be different than in previous years. And like many employers, outsourced administration firms are experiencing a shift in their staffing, commonly referred to as “The Great Resignation.” We’re observing these staffing issues and the resultant slow in response times and quality firsthand, and so are our clients. Viewpoints from Virginia Talbot Outsourced administration firms need to balance labor costs and revenue carefully in the best of times …

https://www.epicbrokers.com/insights/hr-technology-trends-outsourced-benefits-administration-service-fee-increases/

Supreme Court Set to Review Section 1557 Disability Discrimination Case

On December 7, 2021, the Supreme Court of the United States (SCOTUS or the Supreme Court) will hear oral arguments in CVS Pharmacy, Inc. v. John Doe. The case involves claims by the plaintiffs, named John Doe to protect their anonymity, against their employer health plans’ pharmacy benefits manager (PBM) CVS Caremark. According to the claimants’ filings, changes to the PBM’s policy on in-network access to specialty drugs disproportionately affects individuals with human immunodeficiency virus (HIV) or acquired immunodeficiency syndrome (AIDS). The Supreme Court accepted the case for review to settle the alleged disparate-impact cause of actions …

https://www.epicbrokers.com/insights/supreme-court-review-section-1557-disability-discrimination-case/

Webinar Recording Now Available: Does Your Architect & Engineering Firm Need a Competitive Advantage?

… that A&E job candidates demand Tips on increased flexibility to perks that matter A preview of employer-sponsored health plan trends from our 2021 National Architect & Engineering Employee Benefits Survey Industry-specific benchmarking for dental, life, and disability health plan What benefit types should be part of a comprehensive benefits package What modern and competitive A&E firms are doing today to stand out in the recruiting and hiring process PLAY RECORDING Featured Speakers: Suzannah Gill, Architect & Engineering National Benefits Practice Leader, EPIC Joanne Tran, Architect & Engineering West Region Benefits Practice Leader, EPIC Blake O’Brien, Head of Architectural …

https://www.epicbrokers.com/insights/does-your-architect-engineering-firm-need-a-competitive-advantage/

No Surprises Act Part II Interim Final Rule: The Independent Dispute Resolution Process

… estimates of expected charges, the independent dispute resolution (IDR) process, the patient-provider dispute resolution process for uninsured and self-pay patients, and the new external review requirements. The comment period for the new final interim rule closes on December 6, 2021. The Centers for Medicare & Medicaid Services (CMS) and Employee Benefits Security Administration (EBSA) created Surprise Billing webpages that provide information on the NSA. HHS created the IDR Entity Certification Application Web Form Quick Reference Guide that explains the process for an arbitration organization to become a certified IDR entity. To be certified, an IDR entity must possess (directly …

https://www.epicbrokers.com/insights/no-surprises-act-part-ii-independent-dispute-resolution/

Latest Wave of Healthcare Systems Seeks Direct Sales to Northeast Employers

The New York metro area is seeing another resurgence in healthcare delivery systems attempting to sell their services directly to employers offering benefits programs. These systems are looking to work with their existing medical insurers or even bypass them entirely – getting into direct competition for insured members and patients. Viewpoints from Adam Okun Kaiser Permanente pioneered a new model for healthcare financing and delivery 60+ years ago in California. They created a healthcare system for their workers, later opening their insurance product to other employers using the Kaiser network and securing a captive member base for its doctors and hospitals …

https://www.epicbrokers.com/insights/healthcare-systems-seek-direct-sales-northeast-employers/

Washington State Creates the WA Cares Fund

… care (LTC) benefits. An employee payroll tax will provide funding for the WA Cares Fund. Washington employees may opt out of the payroll tax if they meet certain criteria by the exemption deadlines. However, exemption from the WA Cares payroll tax disqualifies a worker from ever receiving future WA Cares benefits. The newly created WA Cares Fund provides eligible Washington workers with state payroll tax-funded LTC insurance benefits beginning January 1, 2025. Employee premiums completely fund the WA Cares benefits. Employers are not required to contribute to any portion of the WA Cares premium – a 0.58% ($0.58 …

https://www.epicbrokers.com/insights/washington-state-creates-wa-cares-fund/

Missouri Passes the Victims’ Economic Safety and Security Act

… of employees. Covered employees receive: One week of unpaid leave, if the employer has 20-49 employees; and Two weeks of unpaid leave if the employer has 50 or greater employees. Employees may take this unpaid leave intermittently or on a reduced work schedule. VESSA also entitles covered employees to benefits and employment protection. Employees cannot lose any accrued benefits while on leave, and their employer must maintain their healthcare coverage. Additionally, employers must return employees to their same or an equivalent position upon their return from leave. Finally, VESSA requires employers to make reasonable safety accommodations for employees who …

https://www.epicbrokers.com/insights/missouri-passes-victims-economic-safety-security-act/

Why Now Is the Time to Leverage Your Benefits Strategy to Recruit & Retain Talent

“The purpose of employee benefits is to recruit and retain valuable employees.” This lesson is taught the first day at any benefits school – and it was the only reason for an organization to spend money on benefits before the Affordable Care Act (ACA). Viewpoints from Matt Sears These words ring true as most industries are experiencing a frantic “post-pandemic” employment situation. Is the traditional approach to offering benefits enough to sway potential hires to join your workforce? Taco Bell is now offering their managers $100,000 salaries, but is giving people taxable cash income the best approach? And …

https://www.epicbrokers.com/insights/leverage-benefits-strategy-recruit-retain-talent/