Latest Industry News

We keep you up-to-date with the latest ERISA news articles related to welfare, benefits and health. Our news section offers extensive industry-related news with great in-depth analysis.

Managing Premium Payments for Benefit Plans

By |July 19th, 2022|

Employers Act as Fiduciaries When Managing Premium Payments for Benefit Plans   The Sixth Circuit Court of Appeals, in Chelf v. Prudential Insurance Company of America, reversed a district court’s dismissal of a claim for breach of fiduciary duty based on ERISA’s “ministerial function” exception. This holding concludes that the [...]

Employer Health Plan Requirements under CAA

By |March 17th, 2022|

Employer Health Plan Requirements Under The Consolidated Appropriations Act The Consolidated Appropriations Act of 2021 (CAA) was signed into law in December 2020, providing further stimulus and support to organizations and individuals affected by the COVID-19 pandemic. Among its many provisions are the most comprehensive changes to active employee health [...]

The DOL’s New Cybersecurity Guidance

By |September 9th, 2021|

The Effect of DOL’s New Cybersecurity Guidance on Retirement and Health/Welfare Plans The Department of Labor (or DOL) released new guidance regarding cybersecurity in April 2021. This covered three important factors: hiring service providers, providing online security tips, and new cybersecurity best practices. These were separated into three documents. They [...]

Can You Offer COVID-19 Vaccine Incentives to Your Employees?

By |August 19th, 2021|

With the current widescale rollout of the COVID-19 vaccine, you may be finding that some of your employees don’t want to get vaccinated. This is posing a big problem for many organizations, as it may increase the risk of infection in your workforce and lead to lengthy periods of [...]

Phone Call Recordings may be Requested by Claimants if They’re Deemed Relevant to a Benefits Claim

By |July 16th, 2021|

On June 14, 2021, the U.S. Department of Labor (DOL) issued an information letter stating that ERISA claims procedures require participants to be given any telephone conversation audio recordings which are deemed relevant to their claim for benefits. This statement followed the denial of a request from a participant to [...]

Blue Cross Blue Shield Class Action Settlement Raises Fiduciary Duty Questions

By |May 14th, 2021|

In October of 2020, Blue Cross Blue Shield (BCBS) Association and member plans reached an agreement to settle a class action lawsuit brought by subscribers alleging antitrust violations. While the companies denied the allegations, they agreed to the settlement to avoid further litigation costs and risks. The Court's settlement terms [...]

DOL Issues COBRA Subsidy Model Notices and Guidance

By |April 9th, 2021|

As we informed you in our post last month, the American Rescue Plan Act of 2021 (ARPA) which was passed by Congress in early March included a 100% COBRA subsidy for individuals who experience(d) a loss of coverage due to an involuntary termination or reduction in hours between October 1, [...]

Get Ready – New COBRA Subsidies Coming April 1!

By |March 15th, 2021|

Much has been written about the stimulus checks and vaccine aid that are major elements of the American Rescue Plan Act of 2021 (ARPA), which was enacted last week, but the Act also includes a number of other lesser-known elements designed to provide relief to struggling Americans, and employers need [...]

New Disclosure Requirements Included in Stimulus Bill

By |January 14th, 2021|

While the most widely discussed elements of the Consolidated Appropriations Act of 2021 (CAA) relate to monetary relief for those affected by the COVID-19 pandemic, the act also includes new disclosure requirements for brokers and consultants providing services to ERISA health plans. Additionally, it effectively lays responsibility for policing compliance [...]

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