(If this message looks garbled to you or if the headlines in this message don't connect you to Web pages when you click on them, please request the "plain text" version of this newsletter (Welfare Plans Edition) by emailing your request to publisher Dave Baker at davebaker@benefitslink.com)
The BenefitsLink Newsletter -
Welfare Plans Edition


This issue is sponsored by 401kExchange.com
(click on banner for more information)


Please support our advertisers
(Would your company like to sponsor an issue?)


(Would your company like to sponsor an issue?)

July 19, 2000

3d Cir: Possible ERISA Violation for Not Telling Participants Severance Pay Program Had Terminated
Excerpt: "The Third Circuit U.S. Court of Appeals has ruled that J.C. Penney Company may have violated ERISA by failing to adequately notify participants that it had terminated a severance pay program. The ruling came in Lettrich, et al. v. J.C. Penney Company, Inc." (Spencernet)

3d Cir: Insurer That Both Pays, Administers Benefits Held To Higher Standard Of Review
Excerpt: "The Third Circuit U.S. Court of Appeals has ruled that an insurance company that both pays and administers benefits generally is acting under a conflict that warrants a higher form of the arbitrary and capricious standard of judicial review. The ruling came in Pinto v. Reliance Standard Life Insurance Company." (Spencernet)

Whither the Patients' Bill of Rights?
Excerpt: "Despite passage of a strong Patients' Bill of Rights in the House on October 7, 1999, and a conference committee charged with negotiating a compromise between the House bill and the weak bill that emerged from the Senate, Congress is no closer to passing real patients' bill of rights legislation." (Families USA)

Health Insurers Say They Will Work Together to Get Rid of Bad Reputation
Excerpt: "Facing a backlash from consumers and pressure from regulators, the nation's leading health insurers said Tuesday that they will work as an industry to eliminate the hassles that have given HMOs a bad name. For the first time, leaders of Aetna Inc., Cigna Corp. and 20 other insurers said they will work together to standardize paperwork and procedures." (Dallas Morning News)

HMOs Unveil Plans for Rebuilding Confidence in Managed Care
Excerpt: "A coalition of major health plans and industry trade groups on Tuesday lifted the veil on a hush-hush initiative aimed at alleviating physicians' and patients' frustration with managed care." (Medscape; free registration required)

(Following also appears in Retirement Plans Edition)

Welcome to new BenefitsLink advertiser Anne M. Wallace, Esq.
Anne Wallace is a New York based attorney with fifteen years of experience representing individual, corporate, and union clients (and providing advice to law firms without specialized in-house expertise) with respect to employee benefit matters, including pension and health plan issues, QDROs, fiduciary matters and employee benefits issues in corporate mergers and acquisitions. (BenefitsLink)

RCN Executive Pay Tied to Relative Stock Performance
Excerpt: "RCN Corp., which sells cable-television, telephone and Internet services, has adopted an executive compensation plan that rewards employees if the company's shares outperform the stock market." (Graef Crystal, on Bloomberg.com)


Subscribe to the Retirement Plans Edition, too (click)
Copyright 2000 BenefitsLink.com, Inc.

Feel free to forward this email to friends, colleagues or clients, if no fee is paid to you and the email is forwarded in its entirety. Thanks!

BenefitsLink is a trademark of BenefitsLink.com, Inc., published by Dave Baker with much help from Mary Hall and lots of friends.

To subscribe (free): visit https://benefitslink.com/newsletter - or the person desiring to subscribe can send an email to listmanager@postmastergeneral.com, with this as the subject of the email: subscribe BLwelfare

We have an online archive of prior issues at
http://www.postmastergeneral.com/cgi-bin/archive.pl?list=BLwelfare
BenefitsLink logo
DEPARTMENTS
BENEFITS SPEAKERS
Looking for a speaker for your benefits group? Want to throw your hat into the ring? Free.
_____________

BENEFITS CANDIDATES
Need personnel? It's like fishing in a barrel here.
_____________

BENEFITS JOBS
Need a benefits job? Sort the openings by their distance away from you.
_____________

BENEFITSBOARDS.NET
Exchange questions and tips with colleagues. Co-sponsored by us and several employee benefits organizations.
_____________

PROGRESSIONS
Promotions and new personnel in the employee benefits community.
_____________

Q&A COLUMNS
Experts field questions online, submitted by readers via email.
_____________

CONFERENCES
View by location, by sponsoring organization, or by date.
_____________

SOFTWARE
Largest listing of benefits software on the net: descriptions, downloads.
_____________

ADVERTISE
Ads are our sole source of support. No subscription fees!
_____________

CONTACT US
Questions?
Comments?
Suggestions?


Copyright 2000 BenefitsLink.com, Inc. All rights reserved. BenefitsLink is a trademark of BenefitsLink.com, Inc.