Our national Employee Benefits Compliance Team is dedicated to helping you stay abreast of fast-changing legislative and regulatory developments and guidance related to health and welfare plans that could impact your business.
The COVID-19 pandemic and its resulting school and daycare closures quickly revealed gaps in childcare assistance for working parents. By now, it is well known that working parents with school age children have had to make challenging decisions due to the conflicting demands of working and caretaking during the pandemic. But even when the pandemic is behind us, working parents will continue to manage these conflicting demands. For example, if a child’s school closes for a day, difficult childcare challenges can result for their working parents.
If you read the new Horizon health plan pooling study for Wisconsin schools you know it proposes a “relatively simple solution” that could potentially save districts money - by placing Wisconsin school employees into one big state plan. The new proposed pool would be modeled off the current state employee pool with a uniform benefit plan design which would limit plan offerings to a High Deductible Health Plan (HDHP) that is paired with a partially funded HSA. According to the Horizon health play study, collectively statewide public school districts could save a combined $258 million in premiums if every district enrolled in the new pool.
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