PLANSPONSOR Weekend Newsdash
Week ending May 10th, 2019
Happy Friday, PLANSPONSOR readers! Those of you left in limbo after a court struck down the Department of Labor (DOL) association health plan (AHP) regulations received some clarity on what to do for now, and Senators have introduced legislation to ensure AHPs can still be available to small businesses. A study finds physical wellness programs may not deliver employer health cost savings in the short term. But, another finds employers are putting a big part of their health care budgets into physical wellness program incentives, which may increase participation in these programs. WEX Health has launched HSA Awareness day in attempt to increase education about health savings accounts. And, Managing Editor of PLANSPONSOR magazine Judy Faust Hartnett, who is attending an Alegeus conference in Palm Springs, California, got a sneak-peak at a new HSA product Alegeus says will disrupt the health care marketplace. Enjoy this edition of PLANSPONSOR Weekend!
Editor's choice
DOL Says Members of AHPs Can Keep Coverage for Now
After a federal district court overturned final regulations on association health plans (AHPs) from the Department of Labor (DOL), the agency says “employers participating in insured AHPs can generally maintain that coverage through the end of the plan year or, if later, the contract term.”Read more >
Senators Introduce Legislation to Further AHPs
A group of senators, led by Senator Mike Enzi, R-Wyoming, have introduced legislation that would ensure the new pathway remains available for small businesses to offer AHPs under the DOL’s final rule.Read more >
Data and Research
Wellness Programs May Not Deliver Cost Savings in the Short Term
A trial among a large group of employees found a couple of positive self-reported outcomes by participants after 18 months of using a wellness program, but measures of health improvements and employer cost savings were not significant.Read more >
Financial Incentives a Big Part of Employers’ Well-Being Program Budgets
Companies across the country are expected to spend an average of $3.6 million on physical well-being programs in 2019, according to a survey from Fidelity Investments and the National Business Group on Health.Read more >
HSA Awareness Day Founded to Help Educate Account Holders
WEX Health President Jeff Young says he hopes “to see employers, providers, brokers and advisers dedicate October 15 to encouraging consumers or employees to ask as many questions as possible [about HSAs] ahead of open enrollment.”Read more >
Alegeus Introduces Product It Says Will Disrupt the Health Care Market
An Alegeus mobile-first Smart HSA app is on course to deliver an intuitive, personalized, and self-guided account experience for health savings account (HSA) participants.Read more >
2022 Recordkeeping Survey
IRS Updates Life Expectancy Tables for Retirees

The tax and spending watchdog has changed the defined contribution account withdrawal rules for retirement plan participants.

TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
Some states are in more than one time zone.
TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

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

TRIVIAL PURSUITS: Which are the most northern, southern, eastern and western U.S. States?

Editorial: Alison Cooke Mintzer


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