HR Webinar: January 2025
Join us to learn about the most recent developments affecting group health plans and to gain practical insights into the new year. During this webinar, we’ll review changes to the Mental Health Parity and HIPAA privacy rules, make informed predictions about the policy objectives of the new federal administration, highlight impactful judicial decisions, and provide reminders for reoccurring annual compliance obligations.
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Federal Court Strikes Down Final Overtime Rule Increasing Salary Threshold for White Collar Exemptions
On November 15, 2024, the U.S. District Court for the Eastern District of Texas vacated and set aside the U.S. Department of Labor’s Final rule, entitled Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, on a nationwide basis. Pursuant to the rule, the first increase in the overtime threshold took effect on July 1, 2024, and was set to increase again on January 1, 2025. As a result of the recent ruling, the January 1, 2025 increase will not go into effect, and the initial increase on July 1, 2024 is nullified.
Benefits Newsletter: 11/25/2024
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
New Indemnity Plan Notice Requirement
Earlier this year, the U.S. Departments of Labor, Treasury, and Health and Human Services issued final rules on certain types of health coverage not subject to the Affordable Care Act’s (ACA’s) consumer protections. The final rules include a new notice requirement for hospital and fixed indemnity plans offered in the group market. Effective for plan or policy years beginning January 1, 2025, employer-sponsors and carriers are subject to a new employee notice requirement for these hospital or fixed indemnity plans.
HR Newsletter: 11/18/2024
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
Checklist for Self-Insured Group Health Plans
Group health plans are subject to changing regulations surrounding compliance and notice obligations. Many requirements apply equally to insured and self-insured arrangements, though the insurance carrier in insured plans often ensures compliance with certain items. This Benefits Bulletin provides an overview of the obligations of self-insured (including level-funded) group health plans.
2025 Open Enrollment Checklist
For employers operating their group health and welfare plans beginning on or after January 1, 2024, now is the time of the year to prepare for open enrollment. Typically, the focus is on evaluating the services and performance of vendors, renewing rates, and considering design changes. In addition to these items, employers need to address various legal requirements. This Benefits Brief provides a checklist that covers these requirements for the 2024 plan year.
Where we are
VCG CONSULTANTS
3350 Riverwood Parkway
Suite 600
Atlanta, GA 30339
Phone: 770.863.3600
Fax: 770.863.3666
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