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The BenefitsLink Newsletter -
Welfare Plans Edition Today's sponsor is Search401k.com (click on banner for more information) September 19 - 20, 2000 Judge Says Texas Can't Act on H.M.O. Doctor's Ruling Excerpt: "A federal judge has ruled that Texas regulators cannot discipline a medical director at UnitedHealthcare, one of the nation's largest health insurers, for denying treatment to a boy whose doctor had said the treatment was medically necessary." (New York Times; free registration required) Stock Options Are Not the Only Reward Options Excerpt: "But short of giving out stock options that will be worth $500 zillion in six months, how can managers provide meaningful incentives and rewards for star performers?" (CNet.com) An Evaluation Of Social Insurance Savings Accounts (PDF) Excerpt: "Many countries have reformed, or plan to reform, their pension system, often replacing defined benefits with some sort of savings account. In recent years proposals have been made to apply personal savings accounts also to other elements of social insurance, such as unemployment insurance, social assistance or parental leave compensation. This paper evaluates the consequences of replacing these systems with an insured social insurance savings accounts." (Stefan Folster, The Swedish Research Institute of Trade) Opinion: Our Graying Budget Priorities Excerpt: "Instead of hard and honest choices, we are being presented with a rich menu of free lunches; to be politically correct these days is only to speak of the politically pleasant. In the abstract, who could argue against adding a prescription drug benefit to Medicare and beefing up Social Security benefits for working mothers and widows? As to some privatization of Social Security, who wouldn't want the chance to receive higher returns through personal retirement accounts ..." (New York Times; free registration required)
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