PLANSPONSOR Weekend Newsdash
Week ending January 19th, 2018
Hello, PLANSPONSOR readers! This week’s focus is on health care and other benefits. Legislators and regulators are pushing to open the door for small businesses to offer their employees health benefits. A federal court vacated a portion of EEOC wellness program rules. The National Business Group on Health (NBGH) made its predictions for 2018 health benefit trends. And, industry sources weigh in on how voluntary benefits can help employees with their total financial picture. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice
Benefits
A New, Lower-Cost Health Benefit for Small Employers
The smallest employers can now offer a different type of health reimbursement arrangement (HRA) to help employees pay for medical costs, without tying it to a group health plan.Read more >
Compliance
Court Puts Pressure on EEOC to Revise Wellness Program Rules
A federal court judge vacated the incentive portion of the Equal Employment Opportunity Commission (EEOC) wellness program rules under the Americans With Disabilities Act (ADA) and Genetic Information Nondiscrimination Act (GINA), but issued a stay on his decision until January 1, 2019.Read more >
Compliance
DOL Makes Proposal to Expand Access to Small Business Health Plans
Modifying the definition of employer for these plans will help employers reduce health benefit administrative costs through economies of scale, the Department of Labor says.Read more >
Benefits
Initiatives to Change Health Care Delivery a Focus for Employers in 2018
The National Business Group on Health sees more traction in value purchasing, increasing employee consumerism and increasing employee engagement in resources offered to them.Read more >
Benefits
Employees Need and Want Benefits Other Than Retirement Plans
Voluntary benefits can help employees better manage financial risks. “If you want to reduce compensation and benefits spending without leaving your workforce financially vulnerable, you may need to take a closer look at the degree of choice and value provided in your benefits package,” according to Heather Garber, vice president of voluntary benefits & technology at Hub International Insurance Services Inc. in Chicago, Illinois.Read more >
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New Financial Audit Rule Increases Requirements for Plan Sponsors
Plan sponsors will be required to provide much more data, as well as certifications about plan administration and governance, and limited-scope audits will no longer be so limited.
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A new survey shows there are several reasons employees decide not to contribute to their retirement plans.

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Some may describe the arrival of the coronavirus as a “watershed moment.”

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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