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The BenefitsLink Newsletter -
Welfare Plans Edition

October 19, 2000
Today's sponsor is Fringe Facts Online
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Compensation for Internet Workers: Show Me the Money
Excerpt: "Now that Internet companies have woken up and smelled the toast burning, it seems that one thing they're starting to realize is the importance of paying people cash. That's according to a recent survey by PricewaterhouseCoopers LLP's human resources consultancy, Unifi Network, which found that Internet company compensation is becoming increasingly similar to that of traditional, brick-and-mortar firms by offering higher base salaries and bonuses." (CFO magazine)

Side-By-Side Comparison of Current Federal Health Plan Liability Legislation
(Groom Law Group)

ERIC: Administration Should Go Slow on Changing Required Health Plan Claims Procedures
Excerpt: "Because of the extraordinary importance of this regulation to our members and their employees, I am writing first to restate ERIC's support for appropriate revisions to current claims procedure requirements that would protect plan participants without imposing unreasonable conditions on plan sponsors or subjecting to increased litigation, both of which would discourage plan sponsorship." (ERISA Industry Committee)

Opinion: Health Insurance Deduction of Little Help to The Uninsured
Excerpt: "House Speaker Dennis Hastert held a press conference last week in which he called for including in the minimum-wage package a new tax deduction for health insurance premiums. The deduction would be available to taxpayers that pay at least 50 percent of the cost of their health insurance." (Center on Budget Policies and Priorities)

Lopsided Budgets and Polls in Massachusetts Universal Health Care Coverage Fight
Excerpt: "About 40 doctors and nurses picketed outside the downtown offices of Blue Cross and Blue Shield of Massachusetts today in favor of a ballot initiative that would guarantee health care coverage to everyone in the state. Not exactly overwhelming? Neither is their campaign war chest." (New York Times; free registration required)

Gore, Bush Clash on Healthcare

Clinton May Veto Medicare Bill
Excerpt: "Top Clinton administration officials are recommending that the president veto a multibillion-dollar Medicare package, saying it neglects patients and gives too much money to managed care companies." (Associated Press)

Tips for Buying Long-Term Care Insurance
(Associated Press)

Job Openings Newly Posted or Reposted on EmployeeBenefitsJobs.com

401(k) Technical Specialistfor Benefit Services Corporation, a subsidiary of METLIFE
in GA
Senior 401(k) Plan administratorfor EPACO
in IL
Testing & Reporting Specialistfor Scudder Kemper Investments Inc.
in MA, NH
401k Processorfor Hand Benefits and Trust, Inc.
in TX
DC Plan/401(k) Plan Administratorfor Simpkins & Associates - Dallas
in TX

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