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Employee Benefits, Personal Lines Megan Henderson Employee Benefits, Personal Lines Megan Henderson

Inflation Increases to 9.1% in June, Reaching a 40-year High

The Bureau of Labor Statistics announced that the U.S. consumer price index (CPI) rose 9.1% year over year in June 2022. This is the highest level since December 1981, surpassing last month’s record 8.6% reading and even economists’ predictions of an 8.8% CPI increase in June. Americans paid sharply higher prices for various goods in June as inflation kept its hold on the economy.

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Employee Benefits, Personal Lines Megan Henderson Employee Benefits, Personal Lines Megan Henderson

New Mental Health Crisis Dialing Code Launches July 16

The 988 Suicide and Crisis Lifeline (Lifeline) launches nationwide on July 16. Similar to dialing 911 for medical emergencies, people in emotional distress or suicidal crisis can call or text 988 and be connected immediately to trained counselors who will listen, provide support and connect them to resources if necessary.

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Employee Benefits Megan Henderson Employee Benefits Megan Henderson

Understanding the Role of Gig Workers in Today’s Workforce

The gig economy is a system in which organizations contract directly with individuals, usually for temporary job positions, instead of relying solely on full- and part-time employees. It’s quickly becoming a key component of the world economy. According to a 2020 report from Mastercard, the gig economy generated approximately $204 billion in gross volume worldwide in 2018 and is expected to grow to $455 billion by 2023.

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Compliance, Employee Benefits, Health + Wellness Megan Henderson Compliance, Employee Benefits, Health + Wellness Megan Henderson

New HIPAA Privacy Guidance for Reproductive Health Care

In the wake of the U.S. Supreme Court’s ruling in Dobbs v. Jackson Women’s Health Organization, which allows states to regulate and prohibit abortion, the Department of Health and Human Services (HHS) issued new guidance regarding HIPAA’s privacy protections for reproductive health care. The guidance focuses on health care providers’ obligation under the HIPAA Privacy Rule to safeguard the privacy of patients’ protected health information (PHI) related to reproductive health care, including abortions.

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Compliance, Employee Benefits Megan Henderson Compliance, Employee Benefits Megan Henderson

Strategies for Avoiding Litigation Over COBRA Notices

Employers are seeing an increase in lawsuits from former employees alleging deficient Consolidated Omnibus Budget Reconciliation Act (COBRA) election notices. These lawsuits are generally class actions and can result in significant attorneys’ fee awards for successful ex-employees. Understanding current COBRA notice regulations and litigation trends can help employers stay compliant and avoid costly lawsuits.

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Compliance, Employee Benefits, Health + Wellness Megan Henderson Compliance, Employee Benefits, Health + Wellness Megan Henderson

Employer Considerations for Coverage of Abortion Benefits

In anticipation of the U.S. Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization that overturned Roe v. Wade, states have enacted various laws regarding insurance coverage of abortion. Some states have banned or restricted abortion coverage, while other states require plans to cover abortions.

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Health + Wellness, Personal Lines Megan Henderson Health + Wellness, Personal Lines Megan Henderson

FDA Announces Ban on Sales of E-Cigarettes From Juul Labs

The U.S. Food and Drug Administration (FDA) recently issued market denial orders on products from electronic cigarette (e-cigarette) company Juul Labs, effectively placing a ban on the company’s currently marketed items in the United States. This ban applies to the selling and distribution of the company’s e-cigarette device and four types of pods, with nicotine concentrations ranging from 3% to 5%.

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Cyber, Risk Management Megan Henderson Cyber, Risk Management Megan Henderson

Cyberespionage Explained

Cyberespionage is a type of cyberattack that involves an unauthorized user (or multiple users) accessing a victim’s sensitive information in order to secure economic benefits, competitive advantages or political gain. Also known as cyberspying, the primary targets of such cyberattacks include government entities, large corporations and other competitive organizations.

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