Archived Insight | March 8, 2021

The American Rescue Plan Act of 2021 and Plan Sponsors

The Senate has passed its version of the American Rescue Plan Act of 2021, which includes a number of important provisions to sponsors of health, welfare and retirement plans. The House has resolved the differences between its earlier-passed version and the Senate version. The final bill is on its way to President Biden for signature into law.

Rescue plan act webinar

In the legislation is single-employer and multiemployer pension relief, language creating a program through the PBGC to provide financial assistance to troubled multiemployer plans and a newly created 100% COBRA subsidy program. Given the potentially far-reaching scope of the Act’s provisions, plan sponsors will want to learn more about the practical effect of key provisions.

This webinar replay features our panel – David Brenner, Segal’s National Director of Multiemployer Consulting; Senior Compliance Consultants Beth Bangert and Julia Zuckerman; and Regional Retirement Practice Leader Jason Russell – for a presentation and discussion including opportunities for submitting and answering questions.

Watch the Webinar

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Health Coaching Enhances Well-Being and Productivity

Your organization can derive significant value from integrating health coaching into its existing health-management programs.

Health, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Pharmaceutical, Corporate

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Supreme Court Addresses Prohibited Transaction Lawsuits

As a result of the Supreme Court’s decision, it will be easier for participants to sue plans for everyday plan transactions with service providers.

Retirement, Compliance, Multiemployer Plans, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

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Executive Order Seeks to Lower Prescription Drug Prices

The order instructs federal departments to issue regulations or work with Congress to identify statutory changes necessary to address drug prices.

Health, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Pharmaceutical, Corporate

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.