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Group Health Plan Fiduciaries May Now be a Target of Lawsuits for Excessive Fees

History of 401(k) Plan Excessive Fee Cases. Once the Department of Labor’s participant fee disclosure rules for retirement plans became effective in 2012, the plaintiffs’ bar latched onto recordkeeping and investment fees...more

[Event] Workplace 2023: Navigating HR - May 25th, Atlanta, GA

Join SGR’s Labor & Employment group for the latest on navigating Human Resources in 2023. Topics Include: - Health & Welfare - Immigration - OSHA - ADA & FMLA - Non-Compete Agreements - New Legislation - Wage...more

[Event] Workplace 2023: Navigating HR - May 23rd, Jacksonville, FL

Join SGR’s Labor & Employment group for the latest on navigating Human Resources in 2023. Topics Include: - Health & Welfare - Immigration - OSHA - ADA & FMLA - Non-Compete Agreements - New Legislation - Wage...more

New Group Health Plan Annual Attestation Requirement

Group health plans are now required to submit an annual attestation confirming that the agreements the plan enters into with its service providers do not contain “gag clauses,” which are limitations regarding the plan’s...more

COVID-19 Deadline Extensions and Coverage Mandates for Benefit Plans Scheduled to End

On January 30, 2023, the Biden Administration announced its plan to end the COVID-19 public health and national emergency declarations on May 11, 2023, more than three years after the declarations initially took effect. ...more

SECURE 2.0 – What Retirement Plan Sponsors Need to Know Now

In the final days of 2022, after months of back and forth, Congress adopted a myriad of law changes for qualified retirement plans, collectively known as the SECURE 2.0 Act of 2022 (“SECURE 2.0”). SECURE 2.0 builds on the...more

IRS Cost-of-Living Adjustments Employee Benefit Plan Limitations for 2023

The IRS has released the 2023 cost-of-living adjustments applicable to the dollar limitations on benefits and contributions of retirement plans and health and welfare benefit plans. As a result of the increase in inflation,...more

New Agency Guidance Requires Employer-Sponsored Group Health Plans to Cover Over-the-Counter COVID-19 Tests

On January 10, 2022, the Departments of Labor, Health and Human Services, and the Treasury (collectively, the “Departments”) issued guidance requiring employer-sponsored group health plans to cover the cost of...more

12-Month Extension of Temporary Relief from the Physical Presence Requirement

The IRS announced today, June 24, 2021, in Notice 2021-40, that it was extending, through June 30, 2022, the temporary relief from the physical presence requirement that is usually necessary for participant elections to be...more

U.S. Supreme Court Rejects Challenge to the Affordable Care Act

Today (June 17, 2021), the U.S. Supreme Court rejected a challenge to the Affordable Care Act (“ACA”) on procedural grounds, ducking the larger constitutionality question and leaving in place the broad provisions of the law,...more

Department of Labor Issues Model COBRA Premium Subsidy Notices

Yesterday, the Department of Labor released Frequently Asked Questions and model notices and election forms in connection with the American Rescue Plan Act (“ARPA”) COBRA premium subsidy. The model notices and election forms...more

Effective Immediately – Group Health Plans Must Be Ready to Demonstrate Compliance with Mental Health Parity Rules

On April 2, 2021, the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively, the “Departments”) confirmed that group health plan sponsors must be prepared now to provide specific proof,...more

EBSA Tolls Deadlines For Certain Benefit Plans and Participants

The Department of Labor (DOL) recently issued EBSA Disaster Relief Notice 2021-01 (the “Notice”), which provides guidance on expiration of the COVID-19 extended participant deadlines. The COVID-19 extended participant...more

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