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December 30, 2019

Many health plans are struggling over the decision to cover gene therapies, a type of medical procedure which treats diseases by manipulating genes at the cellular level. On one hand, a certain gene therapy procedure may be the only option to cure an otherwise incurabl...

December 25, 2019

More and more health plans are providing low- or no-cost wellness benefits. While this may be an upfront cost to plans, it often reflects long-term cost savings as participants remain healthy or become healthier. Health plans may consider providing the following popula...

December 18, 2019

In November 2019, the DOL issued new templates and instructions for completing Summaries of Benefits and Coverage (SBCs). As a reminder, the SBC is a concise document that summarizes, in simple and clear language, information about a health plan’s covered benefits, cos...

December 11, 2019

The cyber security of health plan information is often at the forefront of many plan sponsors’ minds because of the strict requirements of HIPAA, but a recent lawsuit emphasizes the importance of retirement plan cyber security as well. In the lawsuit, a participant all...

December 1, 2019

ERISA requires that, in response to a request from a participant or beneficiary, a plan must furnish certain documents within 30 days. These documents include a copy of the latest updated summary plan description, the latest annual report, any terminal report, the barg...

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