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“BenefitsLink continues to be the most valuable resource we have at the firm.”
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42 Matching News Items |
| 1. |
Amazon Launches Virtual Health Service for Common Problems Such as Allergies and Acne
Washington Examiner 
Nov. 15, 2022
"Amazon Clinic will offer users virtual care related to 20 common health conditions such as allergies, acne, and hair loss. The clinic would then guide users to purchase the products through Amazon's interface or local stores and clinics."
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| 2. |
Proposed Stock Buyback Tax Would Hit Retirement Accounts, Business Groups Say
Washington Examiner
Aug. 5, 2022
"The stock buyback plan, proposed as a compromise by Sen. Kyrsten Sinema (D-AZ), is facing blowback from the U.S. Chamber of Commerce. The group said the tax proposal, which envisions a 1% excise tax on corporate buybacks, would filter down and have a deleterious effect on average investors."
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| 3. |
Bailing Out the Central States Pension Plan: Some Retirees Are More Equal Than Others?
Washington Examiner
May 6, 2021
"[T]he bailout is based on investment returns equal to the low end of a plan's discount rate for 2019 or 5.5%. Central States used 3% for 2019, although pension promises were made in prior years using 7.5% and 8% ... [T]he ultimate heist would be for Central States to flip its interest rate back to 8% for purposes of future contributions while collecting from taxpayers at 3% ... For new pension promises due in 30 years, Central States would get $4 from taxpayers for every dollar it charges employers."
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| 4. |
Congress Undermines More Retirement Plans with Union Pension Rules
Aharon Friedman, via Washington Examiner
Mar. 11, 2021
"The budget bill adopts [a] flawed multiemployer-like approach, completely and permanently divorcing the measurement of pension promises from reality by instituting a 5% floor on discount rates, which is ten times the most recent rate for shorter term bonds, 0.50%.... Participants in troubled plans will be hurt the most."
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| 5. |
To the Union Allies of the Victor Go the Pension Spoils
Aharon Friedman, via Washington Examiner
Feb. 17, 2021
"Providing government funding to MEPs, including for promises they will make in the future, while weakening funding rules and rewarding MEPs for future misconduct is abusive to taxpayers.... In the long-run, it would be far less expensive for taxpayers to write a $673 billion check to cover existing underfunding and fix MEPs going forward."
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| 6. |
Government Report Reveals CBO Was Scandalously Off in Obamacare Estimates
Washington Examiner
Feb. 21, 2019
"In what was literally a footnote in its annual report on national health spending projections, actuaries for the [CMS] on Wednesday estimated that the elimination of the individual mandate would have a significantly smaller impact than the CBO has long estimated. Specifically, the CMS report revealed that 2.5 million more people would go without insurance in 2019 due to the repeal of the individual mandate's penalties, and the impact would be 'smaller' thereafter."
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| 7. |
How Bernie Sanders' 'Medicare for All' Proposal Would Outlaw Private Healthcare Plans
Washington Examiner
Oct. 14, 2018
"It's crystal clear the bill would eliminate every existing private insurance policy within four years, which would mean about 180 million individuals would have to give up the insurance they currently purchase on their own or through their employers.... [T]here's a limited claim that can be made that in theory, the bill, after getting rid of all existing policies, would allow private insurers to offer some supplemental benefits."
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| 8. |
Obama's Fiduciary Rule Is Already Hurting Small Savers. Here's How to Roll It Back
Rep. Virginia Foxx and Rep. Phil Roe, via Washington Examiner
Oct. 5, 2017
"[The House Committee on Education and the Workforce] recently advanced the Affordable Retirement Advice for Savers Act, which will repeal the fiduciary rule and preserve access to affordable retirement advice. It also amends federal law to require retirement advisers to act in the best interests of their clients. Legislation -- not 1,000 pages of red tape -- is the right way to address an issue with such a widespread impact. This legislation proves we can hold financial advisers accountable without causing millions of Americans to lose access to affordable retirement advice."
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| 9. |
Rep. Mark Meadows: New Healthcare Bill Is Coming 'That Can Get to 51'
Washington Examiner
July 28, 2017
"Rep. Mark Meadows [R-NC], a key negotiator in the effort to repeal and replace Obamacare, said a new effort is underway to write a bill that can pass the Senate that would include proposals offered by Sens. Lindsey Graham, Bill Cassidy, Ted Cruz, and Rob Portman.... Meadows said he has talked to senators, including Graham, in the hours after this morning's failure to pass a 'skinny' repeal bill, and the mood is 'all hands on deck' to come up with a new deal."
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| 10. |
The Truth Behind the CBO
Reps. Mark Meadows and Jim Jordan, in Washington Examiner
July 24, 2017
"CBO economists are trained to apply Keynesian economic formulas to predict future consumer behavior, but their projections don't often account for common-sense realities, such as the wet blanket effect that Obamacare had on job creation and economic growth. Time and time again, their projections miss the mark because they don't consider economic reality.... [T]he updated CBO baseline for Obamacare showed that the exact same number of people would buy insurance in 2018 under the BCRA as would under Obamacare -- a figure which would be one million more than the 18 million currently on the individual market. More importantly, their projections miss the basic point that people are more likely to purchase an affordable product that meets their needs."
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| 11. |
Myths vs. Facts on Employer-Sponsored Healthcare Coverage
Washington Examiner
Apr. 18, 2017
"Approximately 178 million Americans, more than half the population, currently enjoy health benefits provided by their employer.... [The] argument that the employer-sponsored healthcare system is driving up the cost of care is not only absurd, but completely refuted by the facts."
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| 12. |
Fewer Small Employers Offering Health Insurance
Washington Examiner
Feb. 23, 2017
"[T]he total percentage of employers offering insurance fell to 45.7 percent in 2015, a 1.8 percentage point drop from 2014. Larger employer offers of insurance increased by 1.2 percentage points to 96 percent in 2015 compared to 2014. But that was offset by small employers -- only 29.4 percent of them offered insurance, a 2.8 percent drop."
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| 13. |
One in Three People Say Their Health Insurance Has Gotten Worse
Washington Examiner
Oct. 11, 2016
"Thirty percent of respondents said their health insurance coverage has become worse in the past year, while just 15 percent said it had gotten better ... Fifty-five percent said they're paying more for their insurance coverage. Twenty-four percent said they have lost access to their doctors in the past year because those providers were out of network. Thirty percent said they delayed or avoided emergency medical care in the past year out of fear of costs."
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| 14. |
New Jersey Obamacare CO-OP to Close in 2017
Washington Examiner
Sept. 13, 2016
"New Jersey's consumer oriented and operated healthcare plan, Health Republic Insurance, announced [Sept. 12] it would not offer plans in 2017. The departure means that 17 out of the 23 Obamacare co-ops have shut down after spending $1.8 billion in taxpayer funding.... The action means that all 26,000 customers will have to find a new plan at the beginning of the year."
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| 15. |
Goldman Sachs Says Obamacare Forcing Hundreds of Thousands Into Part-Time Work
Washington Examiner
June 8, 2016
"Goldman Sachs' analysis is the latest conduct on the contentious topic of the healthcare law and part-time work, and its findings largely back up what other studies have revealed ... The bank weighed in on the question after involuntary part-time work rose sharply in recent months."
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| 16. |
Small Business Owners Tell Senators Obamacare Flaws Making Insurance Expensive
Washington Examiner
July 9, 2015
"Three small business owners told a Senate hearing [on July 7] that Obamacare is riddled with problems that are leading to more expensive insurance policies, which is making it harder for companies to provide high-quality healthcare to their workers.... [B]ecause the ACA bases the price of coverage on age, it is considerably cheaper to hire a younger person.... Additionally, 'available carrier choices are becoming more and more limited' as the medical care costs differ between states, and 'health reform implementation' also varies between areas."
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| 17. |
Most Employers Not Dropping Insurance Due to Obamacare
Washington Examiner
June 3, 2015
"Americans still largely received health insurance through their work over the past few years, even with the rollout of the Affordable Care Act in fall 2013. In March, 83 percent of all employees said in a recent survey they were offered health insurance through their employers, compared with 82.3 percent in June 2013[.]"
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| 18. |
'Insult to the Constitution': Judge Presses Administration Lawyer in Latest Obamacare Case
Washington Examiner
May 28, 2015
"The Obama administration faced a skeptical judge Thursday as it tried to get the latest Obamacare lawsuit tossed. Justice Department attorney Joel McElvain insisted the case shouldn't be allowed to move forward because the plaintiff, in this case the GOP-led House, lacks the standing to sue.... [D.C. District Court Judge Rosemary Collyer] told McElvain he didn't sufficiently address the GOP's charges that the administration overstepped its authority, and also pushed him to demonstrate when, if not in this circumstance, the legislative branch might ever be able to sue the executive branch." [U.S. House of Representatives v. Burwell and Lew, No. 14-cv-01967 (D.D.C. filed Nov. 21, 2014)]
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| 19. |
Jonathan Gruber Fired from Massachusetts Health Insurance Exchange Board
Washington Examiner
Feb. 26, 2015
"Massachusetts' governor has fired Obamacare architect Jonathan Gruber from a board that oversees the state's health insurance exchange ... Gruber ignited a controversy last December when a series of videos surfaced where the [MIT] professor discussed the 'stupidity of the American voter' was vital to passing the [ACA].... An immediate reason for the firing was not clear[.]"
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| 20. |
DOL Places 150 Union Pension Funds in 'Critical' Status
Washington Examiner
Feb. 2, 2015
"Another 85 funds are listed as being 'endangered,' meaning they lack the assets to meet at least 80 percent of their future obligations. 'These are lists of plans whose own funding [levels] puts the plan at risk,' said Norman Stein, senior policy adviser to the Pension Rights Center ... That status gives the trustees the option of cutting some benefits as part of a rehabilitation plan to get the program back to health."
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