Word on Benefits

RxDC Reporting Due June 1: Here’s What to Know

Anne Newhouse, CEBS

16 May 202316 May 2023

Prescription drug data collection (RxDC) is the new reporting process required by Section 204 of the Consolidated Appropriations Act, 2021 (CAA). The reporting is meant to capture data on prescription drug (Rx) pricing trends, reimbursement amounts including rebates, identify how Rx costs […]

Diversity and Inclusion Employee Benefits Employee Benefits Survey Health Care Human Resources (HR) Insurance Prescription Drugs U.S. Wellness

The Rise of Gender-Affirmation Health Care Benefits

Anne Patterson

11 May 202318 Oct 2023

Gender-affirmation health care benefit offerings have been on the rise over the past seven years, according to survey data from the International Foundation. Up from 12 percent in 2016, 30 percent of U.S. employers now offer the benefit. I spoke with Julie […]

American Rescue Plan Act (ARPA) Defined Benefit (DB) Plans DOL Employee Benefits ERISA MPRA Retirement

How SFA Rules Impact Annual Funding Notice Requirements

Jenny Gartman, CEBS

09 May 202309 May 2023

The American Rescue Plan Act (ARPA) of 2021 authorized special financial assistance (SFA) through the Pension Benefit Guaranty Corporation (PBGC) to eligible severely underfunded multiemployer plans. ARPA added section 4262 to Title IV of the Employee Retirement Income Security Act (ERISA). The multiemployer plans […]

Compliance Dependent Care Disability Benefits Employee Benefits FMLA Health Care Human Resources (HR) Paid Leave Paid Time Off (PTO) Parental Leave Retirement Wellness Work Life Balance

In a Benefits Plan Far, Far Away

Julie Stich, CEBS

04 May 202309 May 2023

Over the past several years, May 4 has skyrocketed in popularity as Star Wars Day—as in, “May the Fourth be with you.” In honor of May the Fourth, we thought it would be fun to continue the rebellion against convention by using Star […]

Employee Benefits ERISA Retirement

State-Sponsored Retirement Savings Programs: What Employers Need to Know

Kathy Bergstrom, CEBS

03 May 202303 May 2023

Research shows that one of the key hurdles for achieving retirement security is having access to a retirement plan at work. And, until recently, as many as 57 million people in the United States didn’t have access to an employer-sponsored retirement plan. […]

Employee Benefits ERISA Legislative Regulatory U.S.

Legal and Legislative Reporter: Defendant Administrator Erroneously Denied Plaintiff’s LTD Benefits Claims

Guest Contributor

28 Apr 202328 Apr 2023

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits–related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […]

Coronavirus (COVID-19) Employee Benefits U.S.

Magazine Extra: The Challenges of Long COVID—And Benefit Design Strategies That Can Help

Guest Contributor

27 Apr 202327 Apr 2023

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analysis on the latest benefit trends and compliance issues. Visit www.ifebp.org/benefitsmagazine to see the latest Magazine Extra as well as the bimonthly print edition. […]

Affordable Care Act (ACA) Compliance DOL Employee Benefits Health Care Human Resources (HR) Insurance Prescription Drugs

**ACA Preventive Services Requirements Struck Down: Braidwood Management v. Becerra Explainer**

Jenny Gartman, CEBS

26 Apr 202326 Apr 2023

As a result of ongoing litigation, the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (the departments) cannot enforce some Affordable Care Act (ACA) preventive care requirements, but the departments strongly encourage plan sponsors to keep coverage without […]

Employee Benefits Financial Education Financial Education (U.S.) Financial Wellness

Q&A’s for National Financial Capability Month

Anne Patterson

25 Apr 202325 Apr 2023

For the past several years, the International Foundation has strategically focused on the topic of financial well-being, including how employers can provide financial education to their workers—the goal being, of course, to help ensure the financial and retirement security of workers and […]

Canada Coronavirus (COVID-19) Dependent Care Employee Benefits Flexible Work Options Mental Health Parental Leave U.S. Wellness Work Life Balance

Family Mental Health: How We Can Adapt and Better Understand Together

Tim Hennessy

20 Apr 202320 Apr 2023

Social exclusion, the closure of daycare centers and schools, and job insecurity combined to produce conditions at home and in the workplace that have never been seen before the first wave of the COVID-19 pandemic. The pandemic has had major effects on […]