fifs Employee Benefits
News & Resources
September 25, 2023
Each year, group health plan sponsors must disclose whether the plan’s prescription drug coverage is creditable to all Medicare Part D-eligible individuals. The notice must be provided by Oct. 15, the beginning of the annual enrollment period for Medicare Part D. This is true even when, as in 2023, Oct. 15 falls on a weekend.
August 21, 2023
Federal law requires employers to hire only individuals who may legally work in the United States – either U.S. citizens or authorized foreign nationals. To comply with the law, employers must verify the identity and employment authorization of each individual they hire….
August 3, 2023
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for employee benefit plans maintained by private-sector employers. ERISA includes requirements for both retirement plans (for example, 401(k) plans) and welfare benefit plans (for example, group health plans).
Happiness is a positive emotion that can include feelings of gladness, satisfaction, joy, and well-being. Many Americans desire happy, fulfilling lives. However, happiness is not an isolated feeling. It’s complex and connected to your overall physical and mental health.
July 25, 2023
On July 20, 2023, the Departments of Labor, Health and Human Services and the Treasury (Departments) released a letter calling on employers who sponsor group health plans to extend their HIPAA special enrollment periods beyond 60 days for individuals who lose coverage under Medicaid or the Children’s Health Insurance Program (CHIP).
July 24, 2023
President Joe Biden recently announced a new plan to pursue debt cancellation under the Higher Education Act (HEA).
July 18, 2023
Artificial intelligence (AI) impacts almost every area of society. And as groundbreaking technologies like generative AI emerge, this impact will increase in the coming years.
July 10, 2023
On June 29, 2023, the U.S. Supreme Court issued its opinion in Groff v. DeJoy. The case significantly heightens the bar for employers looking to deny an employee’s request for a religious accommodation.
At some point throughout the summer, you may spend time outside with family and friends at a picnic or backyard barbecue. If you aren’t careful about handling foods and beverages during these cookouts, you’re putting yourself and others at risk for potential food-related illnesses.
June 27, 2023
The Equal Employment Opportunity Commission (EEOC) has issued new posters that include information about the Pregnant Workers Fairness Act (PWFA).
June 1, 2023
Group health plans and health insurance issuers are subject to many new requirements designed to increase health care transparency and protect consumers against surprise medical bills. These requirements come from final rules regarding transparency in coverage (TiC Final Rules), which were issued by the Departments of Labor, Health and Human Services and the Treasury (Departments) in November 2020, and the Consolidated Appropriations Act, 2021 (CAA), which was signed into law in December 2020.
Recently, the U.S. Department of Homeland Security (DHS) and the U.S. Immigration and Customs Enforcement (ICE) announced that employers have until Aug. 30, 2023, to complete the physical inspection of identity and employment eligibility documents for any employee whose Employment Eligibility Verification form (Form I-9) was completed virtually according to the temporary flexibilities extended during the COVID-19 pandemic.
May 31, 2023
On May 30, 2023, the Wage and Hour Division (WHD) of the U.S. Department of Labor issued Opinion Letter FMLA2023-2-A: “Whether Holidays Count Against an Employee’s FMLA Leave Entitlement and Determination of the Amount of Leave Taken.”
May 15, 2023
Employers should become familiar with all applicable laws before implementing or enforcing any workplace policies regarding employee marijuana use. This infographic highlights state laws for legalized marijuana and related employment laws.
May 1, 2023
Aiming to promote responsible innovation in automated systems—including those marketed as artificial intelligence or AI—four federal agencies have issued a joint statement pledging to monitor the development and use of these systems and vigorously enforce anti-discrimination laws as they become more common.
Vendors provide access to expertise, products, and services that help a business run. Vendor management is important for a small business’s overall success and growth because it can help organizations control costs, minimize risks and improve services, but the practice can be challenging.
Rapidly increasing health care costs will likely continue to impact employers for the foreseeable future. The introduction of biosimilar drugs as an alternative to biologics may bring value to health care by offering cost savings and increasing employee access to necessary medications.
April 27, 2023
The deadline for health plans and health insurance issuers to submit their second prescription drug data collection (RxDC) report is June 1, 2023. This is an annual reporting requirement; plans and issuers will generally submit these reports by June 1 of each year, reporting information for the prior calendar year.
April 14, 2023
This Compliance Bulletin contains guidance released in FAQ 58; however, President Joe Biden subsequently signed a House Bill on April 10, 2023 immediately ending the National Emergency, which may change certain dates referenced below. It is possible that FAQ 58 will be updated to reflect new dates. The signed Bill did not change the end of the Public Health Emergency, which remains May 11, 2023.
April 12, 2023
On April 10, 2023, President Biden signed a resolution ending the COVID-19 national emergency that had been in place since 2020. The Biden administration had previously announced a May 11, 2023, end date to both the national emergency and the public health emergency (PHE), but the signing of the bipartisan legislation terminates the national emergency as of April 10, 2023.
March 29, 2023
On March 29, 2023, the U.S. Senate passed a resolution that would end the COVID-19 national emergency declaration that has been in place since 2020.
January 26th, 2023
On Jan. 24, Amazon announced a new Prime membership benefit from Amazon Pharmacy. RxPass will be available only as a subscription service for customers who have Amazon Prime memberships.
January 7th, 2023
On Dec. 12, 2022, the Centers for Medicare and Medicaid Services (CMS) released the maximum limits on cost sharing for 2024 under the Affordable Care Act (ACA).