Washington passed the My Health, My Data Act, which took effect March 31, 2024, to protect consumer health data, followed by Nevada, while the Vermont legislature is considering enacting its version of this landmark law.
On Tuesday, the Department of Labor finalized its Retirement Security Rule that updates the definition of an investment advice fiduciary, while critics say millions could now lose access to professional financial guidance.
M&A activity among health care service providers likely will remain soft over the next 12 to 18 months, with only a modest rebound from recently depressed levels.
Two of the optional provisions included in the Act provide retirees with the ability to access savings in the event of an emergency or unplanned expense.
Knowing what is on the minds of workers can help benefits advisors, carriers, and others position conversations and strategies that lean into workers' thoughts and provide solutions to address them.
As the U.S. continues to institute progressive changes, what your HR team does to care for and support employees will come back to positively impact your company several times over.