BenefitsLink Health & Welfare Plans Newsletter
Employee Benefits Jobs
Installation Administrator
for Transamerica Retirement Services Corporation in CA
Sr. Retirement Plan Administrator
for Growth Oriented TPA Firm in NY
Sr. Retirement Plan Administrator
for Growth Oriented TPA Firm in FL
Corporate Counsel for Investment Advisory Services
for Financial Engines in MA
Account Manager
for ING Financial Advisers, LLC in FL
Manager of Pension Administration
for Port Authority of Allegheny County in PA
Post Your Job on EmployeeBenefitsJobs.com
Webcasts and Conferences
Employee Benefits Litigation in Pennsylvania on December 8, 2011 presented by ALI-ABA (American Law Institute-American Bar Association)
Executive Compensation: Strategy, Design, and Implementation in New York on June 14, 2012 presented by ALI-ABA (American Law Institute-American Bar Association)
Participant Fee Disclosure Regulations Webcast Nationwide on August 11, 2011 presented by National Institute of Pension Administrators
Pension, Profit-Sharing, Welfare, and Other Compensation Plans in District of Columbia on October 12, 2011 presented by ALI-ABA (American Law Institute-American Bar Association)
Pension, Profit-Sharing, Welfare, and Other Compensation Plans in Illinois on April 25, 2012 presented by ALI-ABA (American Law Institute-American Bar Association)
We also publish the BenefitsLink Retirement Plans Newsletter (free): Subscribe
"The new guidelines, which were developed by the Institute of Medicine. . ., are intended to address health needs specific to women and to fill gaps in existing guidelines." (PricewaterhouseCoopers LLP)
Reduce your retiree health care costs...without reducing benefits! [Advert.]
Read our briefing, Medicare Insurance Exchanges: Reducing Health Care Costs without Reducing Benefits , to learn more about the advantages of providing your Medicare-eligible retirees with access to a Medicare insurance exchange.
"Wisconsin employers sponsoring plans that were affected by the prior Wisconsin dependent coverage law should note that they are still required to provide coverage to dependents up to their 27th birthday through at least the end of 2011 (and possibly longer where a collective bargaining agreement defines the coverage)." (Michael Best & Friedrich LLP)
"There have been quite a few questions on the new rescission rule under the [PPACA] and how the rule applies in many practical situations, such as a plan terminating an individual's coverage back to the date of termination of employment (a fairly typical occurrence). Technically, this is a retroactive change, but is it a 'rescission' under the new rules?" (Groom Law Group)
"Existing ERISA rules call for plans to rule on urgent care claims as soon as possible, and in no event later than 72 hours after receipt. The 2010 regulations reduced this time frame to no later than 24 hours. The 2011 amendments go back to the 72 hours maximum standard. However, the 2011 amendments require that plans give deference to a determination by an attending provider as to whether the claim is in fact urgent." (Buck Consultants, LLC)
Consumer Testing of the Coverage Facts Label: A New Way of Comparing Health Insurance (PDF)
"While participants in this study didn't describe the CFL as the main feature helping them choose a health plan, the CFL clearly contributed by furthering their understanding of the role of insurance and providing a better sense of the financial protection offered by the plan. Put another way, the CFL helped them understand what they were getting for their monthly premium expenditure." (Consumers Union / Kleimann Communication Group)
San Francisco Lawmakers Drop Attempt to Change Health Mandate
"[Currently, the law] offers an alternative in which employers contribute the required amounts to health reimbursement arrangements, which are used to reimburse employees for health care expenses. At the end of the year, unused funds revert back to the employer. . . . [A] member of the San Francisco Board of Supervisors proposed to amend the requirement so that unused HRA funds automatically would roll over to the next year." (Business Insurance)
Employers Offer Spiritual Guidance Under Employee Assistance Programs
"According to one survey of more than 600 employees at Regal Marine, a boat building company, the chaplain's care program was cited as the #1 benefit." (CBS Interactive)
Benefits in General; Executive Compensation
"Clearly, issuance of the SEC guidance is a prerequisite for taking informed action on these issues; accordingly, companies will need to focus on relevant portions of the guidance as issued, and be prepared to take immediate action, if necessary." (Morgan, Lewis & Bockius LLP)
Press Releases
Segal Announces Expansion of National Pharmacy Benefits Practice (The Segal Company)
Vanguard Dominates DC Asset Manager Among Mega Plan Sponsors (Vanguard)
Employers Expect to Add Voluntary Benefits to Their Plans (Colonial Life)
Sterling Health Services Administration Launches Sterling Self Insurance Administration to Deliver Wellness-Based Healthcare Benefit Solutions (Sterling Health Services Administration)
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Holly Horton, Business Manager
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