As the pandemic continues, employers are increasingly faced with compliance challenges in response to new and pending legislation. Click here to view our webinar recording as members of Faegre Drinker’s benefits and executive compensation group discussed various welfare benefits provisions in the Consolidated Appropriations Act, 2021 and the new provisions employers will need to navigate. Specifically, our team explored:
- Flexible spending accounts and COVID-19-related relief
- Requirements to avoid surprise billing
- Mental health parity and required comparative analyses
- Service provider disclosures for group health plans
If you would like additional information on the welfare benefits provisions in the Consolidated Appropriations Act, 2021, please contact your Faegre Drinker attorney.
Continuing education credit is not available for the on-demand recording.
The material contained in this communication is informational, general in nature and does not constitute legal advice. The material contained in this communication should not be relied upon or used without consulting a lawyer to consider your specific circumstances. This communication was published on the date specified and may not include any changes in the topics, laws, rules or regulations covered. Receipt of this communication does not establish an attorney-client relationship. In some jurisdictions, this communication may be considered attorney advertising.
About Author: Sarah Bassler Millar
Sarah Bassler Millar counsels employer plan sponsors and service providers on the design, implementation, and administration of health and welfare benefits, retirement plans and nonqualified plans. She routinely advises on fiduciary governance matters, including current best practices and the implications of the prohibited transaction rules. When counseling clients, she focuses on identifying solutions that effectively mitigate risks and manage identified compliance issues, while taking into account the client’s employee recruitment and retention goals. Sarah formerly led the firm’s benefits and executive compensation group. View all posts by Sarah Bassler Millar, Summer Conley, Michael MacLean, Monica Novak and Gayle L. Skolnik
About Author: Summer Conley
Summer Conley is leader of the firm's benefits and executive compensation group. She guides companies through the complicated legal landscape surrounding employee benefits. She advises on qualified plan, health and welfare and executive compensation issues. View all posts by Sarah Bassler Millar, Summer Conley, Michael MacLean, Monica Novak and Gayle L. Skolnik
About Author: Michael MacLean
Mike MacLean has been advising employers and fiduciaries on employee benefit and executive compensation design, strategy and compliance matters for over 25 years. Mike has significant experience helping companies and executives design and implement executive and incentive compensation arrangements, including deferred compensation, equity incentive, and severance/retention programs. View all posts by Sarah Bassler Millar, Summer Conley, Michael MacLean, Monica Novak and Gayle L. Skolnik
About Author: Monica Novak
Monica Novak counsels tax-exempt and for-profit clients on the complex and diverse array of statutes and regulations that apply to employee benefit plans and executive compensation arrangements. She provides guidance and support in designing compliant benefit programs, and assists clients with corrective actions when appropriate to ensure ongoing legal compliance. Monica also represents clients in negotiating stock and asset purchase agreements and merger agreements, resolving potential benefit plan liabilities and integrating benefit plans in the aftermath of acquisitions. View all posts by Sarah Bassler Millar, Summer Conley, Michael MacLean, Monica Novak and Gayle L. Skolnik
About Author: Gayle L. Skolnik
Gayle Skolnik represents employers, fiduciaries and service providers on all aspects of employee benefit law. She advises on plan design, implementation and administration; government compliance; benefits aspects of bankruptcies and restructuring and corporate transactions; fiduciary training; and governmental audits and investigations. Gayle crafts practical, cost-effective solutions to everyday problems that arise in the employee benefits world. View all posts by Sarah Bassler Millar, Summer Conley, Michael MacLean, Monica Novak and Gayle L. Skolnik
