Welfare Plans Edition
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June 6, 2000
Hooked on Perks: Today's Employees Get the Works
Excerpt: "These days, workers at Athletic World Advertising in Fayetteville can win a car every six months or so. At Bank of America, which has 63 branches across Arkansas, employees get reimbursed for child care expenses, and they get 'free' home-buying loans for up to $5,000." (Arkansas Democrat-Gazette)
Stock Options Sagging As Tools for Motivation
Excerpt: "Given the recent Nasdaq free fall and rough market for IPOs, technology companies find themselves mining for motivational techniques other than dangling stock options in front of employees." (Chicago Tribune)
Worksite Market Raises Licensing Issues
Excerpt: "For [insurance] agents and administrators, however, there is a potential downside to [worksite marketing]. Worksite products are individual policies by nature. This fact means both agents and TPAs must be aware that licensing requirements will differ in this environment. Those who ignore this difference will do so at their own peril." (National Underwriter)
Lawyers Volunteer to Help Consumers Challenge Their Health Insurers
Excerpt: "'Our mission is to represent vulnerable people who seek access to quality health care, particularly those who are chronically ill and uninsured,' said Laurie Martinelli, director of the three-staff attorney organization, with a legal network of 30 volunteer attorneys from the private bar, who represent clients at no charge." (VoxCap.com)
Republicans Propose Their Version of Patients' Rights Bill
Excerpt: "Republicans offered new proposals for a patients' rights bill that would give some Americans expanded rights to sue their health plans, but only after exhausting all other remedies. Damages would be capped and class action suits prohibited." (Associated Press)
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