On September 16, Juliana Reno was quoted in Employee Benefit News on proposed federal legislation that could affect employers' family-building benefits.
According to the article, the proposed legislation would expand the fertility-related expenses eligible for health savings account funds. While the bill would not require employers to offer fertility benefits, its passage could influence how employers structure their family-building benefits and provide employees with greater flexibility in coverage.
Commenting on the potential impact of the legislation, Reno noted that its passage could encourage employers to take a more flexible and comprehensive approach to family-building benefits.
"If the act passes, it could potentially push leaders toward a more flexible, comprehensive approach to family-building benefits, even though the act itself wouldn't necessarily require employers to add any coverage. In fact, the biggest shift would likely be moving beyond their current definition of fertility benefits,” She said.
Click here to access the article.