2011-2012 Regulatory Agendas for Employee Benefits Published by Treasury and DOL by Sutherland Asbill & Brennan LLP on 2/22/2012 The principal regulators of U.S. employee benefits have recently published updates to their guidance plans for the coming months. On January 20, 2012, the U.S. Department of Labor (DOL) updated its 2011 Semi-Annual...more
New York Department of Financial Services Launches Industry-wide Audit of Health Insurance Rates by Barger & Wolen on 2/22/2012 The New York Department of Financial Services (“DFS”) will audit the accuracy of the data used by insurers and health maintenance organizations to request health insurance rate increases (see press...more
President's Latest Budget Proposal Seeks Decrease of Data Exclusivity Period and Elimination of Pay-for-Delay Agreements by McDonnell Boehnen Hulbert & Berghoff LLP on 2/22/2012 Last week, President Obama unveiled his 2013 budget, and at least with respect to aspects of the budget proposal that would impact drugmakers, the President's 2013 proposal looks a lot like his 2012 proposal. In a section...more
CMS Proposed Rules for Reporting AMP and Best Price May Have Impact Beyond Medicaid Drug Rebates by Mintz Levin - Health Law on 2/22/2012 On February 2, 2012, CMS issued proposed regulations that further refine and define how pharmaceutical manufacturers must calculate Medicaid drug rebates in the wake of health care reform (the Proposed Rule). ...more
Medical Device Patient Safety Act Proposes Two-Step Change to Oversight of Devices by Sedgwick LLP on 2/22/2012 In mid-December of 2011, following the recommendation of the Government Accountability Office (GAO), a bipartisan group of senators introduced the Medical Device Patient Safety Act. According to the GAO, the Food and Drug...more
Marcellus Shale Impact Fee Enacted by McNees Wallace & Nurick LLC on 2/22/2012 In February 8, 2012, legislation containing the Marcellus Shale impact fee was sent to Governor Corbett for his expected signature. The enactment of the impact fee ends several years of debate and contention surrounding the...more
WVDEP Holds Workshop on Compliance with New Horizontal Gas Well Law by Dinsmore & Shohl LLP on 2/22/2012 To remain in compliance with the newly enacted Natural Gas Horizontal Well Control Act, W. Va. Code § 22-6A-1 et seq. (2011), operators must now be aware of the law’s vast number of new requirements. These include...more
Cybersecurity Act of 2012 Introduced by Morgan Lewis on 2/22/2012 On February 14, a bipartisan group of senators introduced to the U.S. Senate the Cybersecurity Act of 2012, under which the Department of Homeland Security (DHS) would assess the risks and vulnerabilities of critical infrastructure...more
California's Reader Privacy Act: What Every Bookseller Must Know by Barger & Wolen on 2/22/2012 On January 1, 2012, the California Reader Privacy Act went into effect. The Act requires all “book service providers,” i.e., book sellers, in the State to take certain steps when responding to governmental requests for...more
CMS Publishes Proposed Rule on Reporting and Returning Medicare Overpayments by McDermott Will & Emery on 2/22/2012 The Centers for Medicare & Medicaid Services released a proposed rule implementing section 6402(a) of the U.S. Patient Protection and Affordable Care Act regarding reporting and returning overpayments under the Medicare...more
Legal Alert: Social Security Tax Break Being Extended to Year-End by Ford & Harrison LLP on 2/22/2012 On February 18, 2012, the Senate passed a bill that extends the tax break on the employee portion of the Social Security Old-Age, Survivor and Disability Insurance tax (OASDI) through the end of 2012. The House of Representatives...more
Hospitality Industry Legal Alert: The Trouble with Tips Continues: Two Recent Court Actions Illustrate Ongoing Challenges Facing... by Ford & Harrison LLP on 2/22/2012 The United States Supreme Court recently denied review of an Eighth Circuit decision holding that employers must pay the federal minimum wage to tipped employees during those times when the employees performed related non-tipped...more
Summary of 2011 FMLA Cases: Valuable Resource to Employers by Franczek Radelet P.C. on 2/22/2012 Each year, the American Bar Association's Federal Labor Standards Legislation Committee publishes a comprehensive report of significant FMLA decisions handed down by the federal courts in the previous year. 2011 proved to be an...more
D-Days: DOL Closes Circle On Disclosure by Warner Norcross & Judd on 2/22/2012 On February 2, 2012, the U.S. Department of Labor (DOL) published final service provider disclosure regulations. The deadlines for the disclosure requirements are now July 1, 2012, for service provider disclosures and August...more
All Advisers to Registered Investment Companies Need to Evaluate Their Exposure to CFTC Regulation After Recent Rule Amendment by Katten Muchin Rosenman LLP on 2/22/2012 On February 9, 2012, the Commodity Futures Trading Commission adopted final amendments to its Part 4 Rules, which set out compliance obligations for commodity pool operators (CPOs) and commodity trading advisers (CTAs) and which...more