November 12, 2003 - 8,649 subscribers Today's sponsor: Thompson Publishing Group, Inc. (Click on company name or banner to learn more.) ![]() Learn About Retirement Planning Opportunities & Challenges Facing the Tax-Exempt Employer An Interactive Audio Conference, November 18, 2003, 2:00 – 3:30 p.m. ET Recent changes in the law and regulations now give tax-exempt employers new opportunities to maximize retirement benefits for their employees. Learn from an expert in the field how to design a program that complies with the new requirements while also obtaining the most benefits for your employees. Register today and get the chance to ask your own specific questions! (Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor) House Republicans Offer Compromise on Competing Medicare Drug Benefits Excerpt: "House Republicans floated a compromise on Tuesday that they said could delay direct competition between private health plans and traditional Medicare, the most contentious issue in a bill to help millions of elderly people buy prescription drugs." (New York Times; one-time registration required) Some Retirees Fear Loss of Company-Provided Healthcare Benefits If Medicare Bill Passes Excerpt: "The Congressional Budget Office estimates that 32 to 37 percent of retirees with employer coverage -- about 4 million -- would lose it if the Medicare drug plan is passed. The mechanics of the plan would halt certain subsidies that Medicare now pays to employers with retiree coverage, which would be an additional financial incentive for them to drop the benefits, the budget office said." (Sun-Sentinel.com) The Cost Savings of Disease Management Programs: Report on a Study of Health Plans 11/03; link to 4-page Microsoft Word document. (American Association of Health Plans/Health Insurance Association of America via BlueCross BlueShield Association) Study: Pain at Work Costs Billions Excerpt: "Headaches, back pain, arthritis and other muscle and joint pain cost the nation's employers more than $60 billion a year in lost productivity, a study has found." (AP via CNN.com) Healthcare Author, Futurist Russell Coile Dies at 60 Excerpt: "Russell Coile Jr., the author and futurist who became a fixture as a speaker at healthcare conferences across the nation, died yesterday of complications from brain cancer." (Modern Healthcare; one-time free registration required) Ways for Federal Employees to Take Sting Out of Healthcare Premium Increases Excerpt: "The Federal Employees Health Benefits Program will offer 205 health care options in 2004, and a number of them give employees and retirees the opportunity to save hundreds of dollars on their health care spending." (Washington Post) The Federal Employee Health Benefits Program: a Model for Workers, Not Medicare (PDF) 34-page white paper. Excerpt: "Largely because of its ability to constrain cost growth reasonably well with limited government intervention, [FEHBP] has been proposed by some political leaders and analysts as a model to replace the current Medicare program, to cover small businesses and the uninsured, or, in some cases, to cover the entire nation. This ... approach would not work well ... for the older, sicker populations served by Medicare." (The Commonwealth Fund) Commentary: 'What's Health Insurance, Mom?' Excerpt: "Isabelle, who doesn't miss much, asked me on the way home why her parents have no health insurance. 'It has to do with politics,' I said. 'And money. And certain people being very greedy and very selfish.' 'Maybe you and Daddy could use my health insurance if you need to go to the doctor,' she suggested." (AlterNet.org) Tax Credits Proposed as Incentive for More Healthcare Coverage in Maryland Excerpt: "Gov. Robert L. Ehrlich Jr.'s top health officer today will present a plan to bring universal health care to Maryland, including an unusual carrot-and-stick strategy that would use tax credits and penalties to persuade more uninsured workers to purchase insurance." (Washington Post) Newly Posted or Renewed Job Openings
Employee Benefits Account Manager for The Protector Group Insurance Agency, Inc. in CT, MA, NH, RI Employee Benefits Analyst - Marsh - Reno for Marsh Risk & Insurance Services in NV Benefits Administrator for Independent Benefit Services in MD Senior Retirement Plan Consultant for Invesmart in TX Plan Administrator for PenSys, Inc. in NC, SC Retirement Plan Consultant for Invesmart in ME Defined Contribution Plans - New Business Account Manager for Standard Insurance Company in OR Newly Posted Events 2005 401(k) Sales Summit in California on March 17, 2005 presented by ASPA - the American Society of Pension Actuaries ERISA's Fiduciary Requirements in Today's Investment Turmoil: The Enron Decision and Mutual Fund Misconduct Nationwide on December 2, 2003 presented by Thompson Publishing Group, Inc. Advanced Pension Conference in Illinois on September 8, 2004 presented by SunGard Corbel SunGard Corbel Client Conference in Florida on June 7, 2004 presented by SunGard Corbel Disease Management: Employer/Employee Benefits Nationwide on November 19, 2003 presented by International Foundation of Employee Benefit Plans (IFEBP) IRS/ASPA Mid-Atlantic Benefits Conference in Pennsylvania on May 24, 2004 presented by ASPA & IRS Financial Education is VITAL to Your Company - Learn Why Nationwide on November 19, 2003 presented by EDSA Group, Inc. Fundamentals of Employee Benefits Law in California on February 26, 2004 presented by ALI-ABA (American Law Institute-American Bar Association) Pension, Profit-Sharing, Welfare, and Other Compensation Plans in California on March 17, 2004 presented by ALI-ABA (American Law Institute-American Bar Association) Representing the Professional and Closely Held Business - Qualified Plans, Welfare Benefits, and Tax Planning Nationwide on February 12, 2004 presented by ALI-ABA (American Law Institute-American Bar Association) Newly Posted Press Releases (Post Yours!) Ceridian Launches Comprehensive Retirement Plan Services (Ceridian) PERFORMAX Launches Consumer-Driven Health Plan (PERFORMAX) Great-West Retirement Services Announces Strategic Relationship With Wells Fargo & Co (Great-West Retirement Services) Movers and Shakers: Newly Posted Announcements of Promotions and New Personnel (Post Yours!) Jeanette C. Lucadano (R.J.L. Pension Services, Inc.) Handy Links:
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