News and Analysis
The U.S. Department of Labor recently issued an interim final rule requiring 401(k) and other individual account plans to annually provide participants with lifetime income illustrations of their account balances. In its new analysis of the rule, OMA Connections Partner Thompson Hine advises plan fiduciaries to reach out to their recordkeepers and third-party administrators to discuss future compliance. 9/10/2020
OMA Connections Partner Frantz Ward posted that recently, the Ohio Supreme Court held that employers can use the direct-observation method of drug testing, without violating an employee’s privacy rights, provided that the employee consents to the test. The court also noted that an employer can terminate an employee for refusing to consent to that drug test. 8/28/2020
Medicare Part D requires group health plan sponsors to annually disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable.
Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before Oct. 15, 2020—the start date of the annual enrollment period for Medicare Part D. CMS has provided model disclosure notices for employers to use.
There are no specific penalties associated with this notice requirement, but failing to provide the notice may be detrimental to employees. Medicare beneficiaries who are not covered by creditable prescription drug coverage and do not enroll in Medicare Part D when first eligible will likely pay higher premiums if they enroll at a later date. Direct questions to OMA Connections Partner One Source Advisors. 9/1/2020
The U.S. Department of Labor’s Wage and Hour Division (WHD) has published new FAQs for workers and employers regarding paid leave under the Families First Coronavirus Response Act (FFCRA) during the reopening of schools — including schools with blended in-person and remote learning.
WHD says it is offering employees and employers “a growing library of tools” to help navigate changes in the workplace brought by COVID-19 — including questions and answers, short videos and infographics explaining FFCRA benefits. Visit this website for more information on current paid leave requirements under federal law. 8/27/2020
To provide relief for working parents, the DeWine administration this week announced a new program to ensure that students learning remotely have a safe place to go during their normal school day if their parents are at work. Licensed providers will be able to receive funding to cover the cost of care for economically eligible children.
To help employers address workforce issues during the back-to-school season, OMA Connections Partner Fisher Phillips has compiled this list of answers to frequently asked questions. 8/25/2020
With telework arrangements expanding due to the pandemic, the U.S. Department of Labor’s Wage and Hour Division has issued a bulletin to clarify an employer’s obligation to track the number of hours of compensable work by employees who are working remotely. Here is guidance from OMA Connections Partner Fisher Phillips. 8/24/2020
A new survey conducted by the U.S. Chamber of Commerce Foundation has found that employers cited child care nearly as often as they did health and safety issues as a reason why some employees are unable to return to work.
HR Dive reports that the chamber’s findings mirror those released last month by Morning Consult, which found 60% of parents receiving unemployment insurance benefits and with no plans to return to work said care-giving duties stood in the way. More than 40% specifically cited school closures. 8/20/2020
OMA Connections Partner Thompson Hine has published this new guidance to address workforce challenges related to back-to-school season. According to the firm, “Those who work for employers with 500 or fewer employees may be entitled to up to 12 weeks of paid child care leave under the Families First Coronavirus Response Act. While some employees may have exhausted all 12 weeks of eligible leave during the spring, those who still have leave remaining may use it if their child’s school remains closed (or partially closed) to in-person learning this fall.” 8/19/2020
As flu season approaches and COVID-19 continues, employers’ mandatory vaccination policies may soon become more important than ever. Here is guidance from OMA Connections Partner Fisher Phillips regarding the balancing act of maintaining a safe workplace and respecting the rights of employees. 8/20/2020
In only 15 minutes, learn how the OMA is helping members with 100 employees or fewer provide their employees affordable, comprehensive health care plans similar to what Fortune 500 companies offer.
Register here for a free webinar on Wednesday, Aug. 26 from 3:15 to 3:30 p.m. (ET). This opportunity is being made possible due to a collaboration of the OMA, the National Association of Manufacturers, Mercer, and UnitedHealthcare. 8/20/2020