Thu.Feb 10, 2022

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Agencies Report to Congress on Widespread Failure to Comply With Mental Health Parity Rules and Seek Expanded Enforcement Tools

ThomsonReuters

2022 MHPAEA Report to Congress; EBSA News Release 22-89-NAT (Jan. 25, 2022). Report to Congress. News Release. The DOL, HHS, and IRS have issued a pointed report to Congress on the pervasive failure by group health plans to comply with the Mental Health Parity and Addiction Equity Act (MHPAEA). The report is required by the Consolidated Appropriations Act, 2021 (CAA), which expanded mental health parity compliance obligations by requiring health plans and insurers that impose nonquantitative tre

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Desktop Appraisals: Has The Devil Infiltrated The Public Trust?

Appraisers Blog

Are desktop appraisals with third-party inspectors protecting the public, or are these products about to destroy the very profession I love so much. The Uniform Standards of Appraisal Practice (USPAP) are the key to maintaining public trust in real estate transactions. USPAP is pretty much the equivalent to the Bible, but it MUST be followed for appraisers.

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Agencies Clarify Requirements for Plan Coverage of OTC COVID-19 Tests

ThomsonReuters

FAQs About Families First Coronavirus Response Act and Coronavirus Aid, Relief, and Economic Security Act Implementation Part 52 (Feb. 4, 2022). Available at [link]. The DOL, IRS, and HHS have issued additional FAQ guidance addressing the terms and conditions under which group health plans must cover over-the-counter (OTC) COVID-19 diagnostic tests.

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Facing the future: Net zero and the UK electricity sector

Mckinsey and Company

The United Kingdom’s Balanced Net Zero Pathway requires an unprecedented shift in the energy sector. Delivering on the aspirations of this plan will call for significant action from all stakeholders.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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DOL Reports 2021 Mental Health Parity Enforcement Activity

ThomsonReuters

DOL Fact Sheet: FY 2021 MHPAEA Enforcement; Appendix: MHPAEA Guidance Compendium. Fact Sheet. Appendix. The DOL has issued a fact sheet summarizing 2021 mental health parity enforcement activity conducted by the DOL and the Centers for Medicare & Medicaid Services (CMS). The fact sheet explains the investigation process and provides examples of enforcement actions closed during fiscal year 2021.

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Author Talks: Hacking into humanity

Mckinsey and Company

In the next decade, Amy Webb predicts that synthetic biology will be as common as artificial intelligence.

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AMA: Phillip McGriskin, founder of Vitesse

Vested

If you're not familiar with our #FounderStories yet, let us fill you in. Founders from all walks of life tell us how their business began, the successes along the way, the pitfalls and much more.

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Is First Gen an Overlooked Power Play That Deserves a Re-Rating?

Andrew Stolz

Highlights: Resolving gas supply issues ensures longevity. A pioneer in renewable energy should be future proof. Undemanding valuation could lead to re-rating. Download the full report as a PDF. First Gen’s revenue breakdown 2020. Price and volume turned bearish. Throughout the past year, the share price fluctuated around PHP30. Recently, the 50DMA has fallen below the 200DMA, suggesting a bearish signal.

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What employers should know about voluntary unemployment contributions for rate reductions

ThomsonReuters

In the U.S., unemployment insurance originated in Wisconsin in 1932. And through the Social Security Act of 1935 (SSA), the federal government encouraged individual states to adopt unemployment insurance plans. Currently, there are unemployment insurance programs for all 50 states and in the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

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SEC crosses the Rubicon, proposes an outright ban on certain PE practices

Private Funds CFO

The commission proposed rules for the first time that would outright ban certain practices – a move away from the commission’s traditional focus on making sure GPs are providing LPs with appropriate disclosure.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Can We Exclude Part-Time Employees From Eligibility for Our 401(k) Plan?

ThomsonReuters

QUESTION: We would like to amend our 401(k) plan to exclude all part-time employees from plan eligibility, regardless of their hours. Can we do that? ANSWER: Employers have considerable freedom to decide which categories of employees can participate in their 401(k) plans, but that freedom is not unlimited. For example, eligibility restrictions must avoid violating the Code’s minimum coverage rules.

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SEC proposals mark sea change for private funds regulation

Private Funds CFO

SEC proposes sweeping new PF audit, fees rules; SEC crosses the Rubicon, proposes an outright ban on certain PE practices.

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M&A Integration Can Be Chaos Without the Right Playbook

M&A Leadership Council

Part 2: Six Essential Components for your IMO Playbook & The Single Most Overlooked Requirement. By Mark Herndon, Chairman and CEO of the M&A Leadership Council . In Part 1, “ IMO Playbook: Your Coach’s Handbook to M&A ,” we discussed the importance of having an integration management office (IMO) playbook and the business results other companies have experienced by using an effective IMO playbook.

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Fund admin M&A spree continues

Private Funds CFO

Apex Group acquires India-based BEST Alternative Advisory Services.

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Apex Group acquires India-based BEST Alternative Advisory Services

Private Funds CFO

This is the latest global acquisition by the fund administrator, following deals for firms in Australia, New Zealand and Israel.

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