The Federal No Surprises Act: What Employers Need to Know Now
This is a NEBGH Members only event. If you are interested in attending and not a member, please contact Jen at firstname.lastname@example.org
The Federal No Surprises Act takes effect 1/1/2022 and applies to self-insured group plans and fully insured markets.
It puts in place federal standards to protect patients from balance billing for certain situations, such as emergency room visits, hospital charges, and air ambulance services.
Find out what you need to know – and do – to ensure your plan is in compliance.
Damian A. Myers
Damian Myers, based in Washington, D.C., is a partner in the Corporate practice group. He represents public and private companies on matters related to employee benefits and executive compensation.
I provide ongoing advice to clients on a broad range of compliance issues, including ERISA, tax, corporate, and securities laws and regulations. I have experience in the design and administration of health and welfare benefit plan design, and advise on compliance with various laws related to these plans, such as the Internal Revenue Code, the Affordable Care Act, HIPAA, COBRA and the Mental Health Parity and Addiction Equity Act. Additionally, I advise employers on a variety of issues relating to health and welfare matters in the collective bargaining context.
I work with clients on the evaluation and selection of medical plan network claims administrators and negotiate related administrative services. I also consult clients on pharmacy benefit design and administration, including the negotiation of pharmacy benefit manager agreements, and evaluation of pricing guarantees.
My practice also includes advising on tax-qualified retirement plans, including defined benefit pension plans, defined contribution plans (both 401(k) and 403(b) plans), and executive compensation arrangements. In addition to design and administrative issues, I have extensive experience navigating clients through IRS and DOL audits and investigations.
Finally, I regularly advise publicly-traded and private companies on benefits and executive compensation issues in the context of corporate transactions. These issues include initial due diligence, transaction agreement negotiation, and post-transaction benefit and executive compensation program design. Additionally, I often assist companies in preparing executive employment agreements and incentive compensation programs following corporate transactions.