Word on Benefits

SECURE 2.0 Act: A Breakdown of Ten Big Implications for Employers

Anne Patterson

31 Jan 202310 Mar 2023

The SECURE 2.0 Act was included in a 4,155-page omnibus spending bill that passed on December 23 when President Biden signed it into law. We broke down the law in the latest Talking Benefits podcast episode, focusing on major implications for plan […]

Compliance Employee Benefits Health Care HIPAA Insurance Legislative U.S.

Abortion Medication: State and Federal Regulations Plan Sponsors Need to Know

Staff

27 Jan 202310 Mar 2023

Recent actions by the federal government are designed to ensure full access to abortion medication across the country, but it remains unclear whether these medications can be prescribed to and legally obtained by patients in states that have banned or limited abortions. […]

Canada Compliance Coronavirus (COVID-19) Disability Benefits Disease Management Employee Benefits Flexible Work Options Health Care Human Resources (HR) U.S. Wellness

2023 Outlook on Respiratory Illnesses and the Workforce

Jenny Gartman, CEBS

26 Jan 202310 Mar 2023

At this time of year in cold climates, airborne illnesses (influenza, respiratory syncytial virus and COVID-19) persistently impact families and workplaces. Influenza is a well-known endemic. Endemic means persistent—It will not go away, and it won’t get much worse or better. Influenza […]

Employee Benefits Flexible Work Options Paid Time Off (PTO) U.S. Vacation

Paid Vacation/PTO Offerings—Time to Check Those Balances!

Justin Held, CEBS

24 Jan 202310 Mar 2023

The calendar flipped from December to January, setting off the annual rush of workers checking their updated time-off balances. Dreary January days (like those in Wisconsin today) give workers the opportunity to start brainstorming uses for that time off. Is this the […]

Canada Communication Employee Benefits Flexible Work Options Mental Health U.S. Wellness Work Life Balance

Quiet Promotion, Quiet Hiring, Quiet Firing: More Workplace Trends

Anne Patterson

19 Jan 202310 Mar 2023

I wrote a blog about quiet quitting back in August, so my ears perked up when I read about MORE quiet workplace trends: quiet promotion, quiet hiring and quiet firing. It’s really feeling like a library in here. What exactly do these […]

401(k) Plans Communication Employee Assistance Program (EAP) Employee Benefits Retirement

Magazine Extra: Benefits Touch Points—Communicating When It Matters

Guest Contributor

18 Jan 202310 Mar 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 […]

401(k) Plans Defined Benefit (DB) Plans Defined Contribution (DC) Plans Employee Benefits Retirement U.S.

2023 Employee Benefits Reporting and Disclosure Calendars

Jenny Gartman, CEBS

13 Jan 202310 Mar 2023

Plan sponsors and administrators are encouraged to reference these comprehensive calendars to stay on track in 2023. Health and Retirement Plans Subject to ERISA (Includes Multiemployer Plans) Health and Welfare Plans New deadlines in 2023 are: Retirement Plans Defined Contribution Defined Benefit […]

Employee Benefits Employee Benefits Survey Health Care Prescription Drugs

Prescription Drug Cost-Containment Strategies

Justin Held, CEBS

12 Jan 202310 Mar 2023

According to a recent International Foundation survey report, health care costs are expected to increase by 7% between 2022 and 2021. This increase is driven by a number of factors, including the high cost of specialty prescription drugs. In response to the […]

Compliance DOL Employee Benefits ERISA Legislative Regulatory Retirement U.S.

Legal and Legislative Reporter: Fiduciary Duties Breached

Guest Contributor

10 Jan 202310 Mar 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 […]

Employee Benefits Employee Benefits Survey Prescription Drugs Wellness

Employers Covering Prescription Drugs for Weight Loss

Anne Patterson

05 Jan 202310 Mar 2023

A healthy reset has been a standard theme entering the new year, but it shouldn’t be the only time of year workplace wellness gets prioritized. What an individual’s weight says about their health status is an evolving discussion. So too is how […]