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January 5, 2012 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

Employee Benefits Jobs

Client Service Manager
for The Newport Group in FL, NC, WI

Leader for Center of Excellence in the Pension Admin Group
for Towers Watson in MA

Implementation Specialist
for Benefit & Risk Management Services, Inc. in CA

DB Plan Administrator
for Growth Oriented TPA Firm in NY

Sr. Retirement Plan Administrator
for Growth Oriented TPA Firm in RI

Actuarial Associate - Annuity Product Development
for Prudential in CT

Senior Pension Benefits Analyst
for Stratus Technology Services in CT, MA, NH, NJ, NY, PA, RI

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Webcasts and Conferences

Design and Taxation of Low and No Cost Fringe Benefits: De Minimis, No-Additional-Cost, Transportation, and Other Budget-Friendly Benefits
Nationwide on January 26, 2012 presented by Thomson Reuters / EBIA

Legislative Update: Health & Welfare Plans
Nationwide on March 15, 2012 presented by TRI-AD

Legislative Update: Retirement Plans
Nationwide on January 26, 2012 presented by TRI-AD

Mid-Sized Retirement & Healthcare Plan Management Conference – San Francisco
in California on March 18, 2012 presented by University Conference Services

My Retirement Plan is Broken. What Do I Do Now?
in California on January 17, 2012 presented by Western Pension & Benefits Conference - San Diego Chapter


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[Official Guidance]
DOL Fact Sheet on Protection for Individuals under the FMLA (PDF)
"This fact sheet provides general information concerning the Family and Medical Leave Act's (FMLA) prohibition of retaliating against an individual for exercising his or her rights or participating in matters protected under the FMLA." (U.S. Department of Labor)


DATAIR’s FlexPlus System – Makes Administration Profitable   [Advert.]

Sponsored by DATAIR Employee Benefit Systems, Inc.

Proposals, Testing, Claims Processing, Debit Cards and more!
Plus CafeDocs/SPDs and 5500s/SARs
(888) 328-2474   Sales@DATAIR.com   www.DATAIR.com


[Guidance Overview]
As ERRP Comes to a Close: Helping Plan Sponsors Keep What They Have Received
Articles include: The Program Coming To A Close; A Requirement That Plan Sponsor Submit An Error-Free Claims List In Order To Be Reimbursed; A Survey On How ERRP Reimbursements Are Being Used; and The Start Of Audits." (The Segal Group, Inc.)

[Guidance Overview]
Group Health Plan Coverage Reporting Required for 2012 IRS Forms W-2
"Employers subject to the reporting requirement for 2012 Forms W-2 should begin to prepare now for the additional reporting requirements . . . . Recommended compliance steps include identifying applicable health coverage that is subject to the reporting requirement, ensuring that proper record keeping exists with respect to contributions made for such coverage, determining the cost of the coverage, and working with payroll administrators and other third-party service providers to make sure that systems are in place to facilitate the tracking of such amounts." (Bond, Schoeneck & King)

IRS Issues Guidance on Reporting Health Cover Costs on Employees' W-2s for 2012
"The latest guidance, released Tuesday, makes clear that employers can -- but are not required to -- report contributions to health reimbursement arrangements in calculating health care costs." (Business Insurance)

HIPAA Audits of 150 Plan Sponsors and Employers to Make Sure Employee Health and Financial Records Adequately Protected
"Work began late last year, with 30 of the planned 150 audits beginning in November, with the remainder taking place through the end of this year. The audits -- selected by the Office of Civil Rights -- will include companies of all sizes and types of industries and be conducted by New York-based KPMG, an international financial and auditing firm." (Human Resource Executive Online)


Nat'l Health Benefits Conf & Expo (HBCE) Jan.31-Feb.1, Clearwater Bch, FL   [Advert.]

Sponsored by Health Benefits Conference & Expo (HBCE)

Dr. Oz praises books from speakers - hear from IBM, Sprint, Intel, Yahoo!, L.L. Bean, First Energy Corp., governmental employers, universities, more. Low cost, high quality!
More info and complete program: www.HBCE.com Ph: 941-484-1430 info@HBCE.com


How $1 in Health Insurance Gets Spent
"Most of the dollar goes to medical care, not insurer profits. That's particularly true for Blue Shield of California, which pledged last year to cap its profits at 2 percent. But it's broadly true across the health-insurance industry." (The Washington Post; free registration required)

Survey Shows California Health Care Costs Rising, Benefits Shrinking
"According to the survey, premiums for employer health insurance plans have risen 153.5% since 2002, a rate that's more than five times the increase in California's inflation rate. In the last two years alone, the proportion of state employers offering coverage to workers fell to 63% from 73% . . . ." (Los Angeles Times)

Health Law Opponents Try to Add Plaintiffs to Lawsuit
"A small-business group fighting President Barack Obama's health-care law asked the Supreme Court on Wednesday to add two plaintiffs to its lawsuit after possible problems arose with an initial plaintiff." (The Wall Street Journal)

A Corporate Culture of 'Health and Wellness — or Else'
"This is the new wave of corporate activism: Looking out for employees' health, in ways that are sometimes gently encouraging, sometimes more coercive. In 2010, at Boston-based insurance broker William Gallagher Associates, employees were asked to fill out a voluntary survey about their health, and got a $50 gift card in return. In 2011, the company offered a set of lab screening tests, free, along with a considerable stick: If employees declined to do the bloodwork, the company would pay a smaller percentage of their health care premiums." (The Boston Globe)

More Consumers Choosing High-Deductible Plans
"Not everyone enrolled in a high-deductible health plan is eligible for a paired health savings account, but even those who are often skip it. As of 2011, 38% of those with a high-deductible plan, or an estimated 7.3 mil.lion people, were eligible but did not open an account, according to the EBRI." (American Medical Association)

Challenges of Remote Medicine Provide Solutions Many Employers Can Use
"For businesses operating in remote locations, solving [health care delivery] problems doesn't just affect productivity and the bottom line -- it can determine whether or not they stay in business." (The Institute for HealthCare Consumerism)

Benefits in General; Executive Compensation

Employers Should Prepare for Some Tax Hikes in 2012
"Regardless of what Congress ultimately decides with the payroll tax, there are a couple of other taxes on the horizon that business owners need to be aware of. They include state and federal unemployment insurance taxes." (The Washington Post; free registration required)

Press Releases



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