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
Compliance
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 >
Compliance
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 >
Benefits
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 >
Benefits
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 >
Products
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 >
MOST POPULAR STORIES
2021 Recordkeeping Survey
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PLANSPONSOR is pleased to announce the 2021 Plan Sponsor of the Year winners.
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More pension risk transfer transactions are likely to be seen within the decade—and by more down-market plans—for a variety of reasons.

TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
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The agency says the proposal seeks to emphasize that climate change and other ESG factors can be financially material and that considering these elements can lead to better long-term risk-adjusted returns.

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

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