Join Mercer's June 27 Washington Update Briefing on benefits and executive compensation policy.
Overview
In Congress, lawmakers are teeing up for action later this year a spate of healthcare reforms aimed at reducing costs as well as fixes to SECURE 2.0’s retirement changes that include expanding investment opportunities for 403(b) plans.
On the healthcare regulatory front, the Biden administration is issuing benefits-related guidance at an astonishing pace, including final rules dealing with fixed indemnity plans; enhanced HIPAA privacy protections for reproductive healthcare; a ban on discrimination in health programs and activities (section 1557); and association health plans. Other agency guidance addresses cybersecurity; the ACA’s preventive services mandate; anticipated changes to essential health benefits and prescription drugs; and Medicare Part D creditable-coverage determinations. In addition, several cases — including a few in the US Supreme Court that may affect employer-sponsored health benefits — are winding their way through the courts.
On the retirement side, plan sponsors and financial services providers are busy evaluating DOL’s final regulation expanding the definition of fiduciary investment advice under ERISA, currently scheduled to take effect in September. IRS and DOL also continue their work implementing elements of SECURE 2.0, including the Retirement Savings Lost and Found database and prohibited transaction exemptions for automatic portability services.
The regulatory agenda also features executive compensation topics, specifically a new federal ban on noncompete agreements and a reproposal of rules governing incentive-based pay at financial institutions.
Experts from Mercer’s Law & Policy Group and Executive Law & Regulatory Group will discuss these and other issues during this live 90-minute webinar.
Why attend
Learn about the latest federal and state policy developments affecting employee benefits and executive compensation, including compliance challenges and upcoming actions by Congress and the Biden administration, during this timely webinar.
Who should attend
Plan sponsors, HR professionals and others who need information on the latest federal and state policy developments affecting employee benefits and executive compensation, including compliance challenges and upcoming action in Congress and the Biden administration.