The BenefitsLink Newsletter -
Welfare Plans Edition
November 1, 2000
Today's sponsor is The International Quality & Productivity Center (click on banner for more information)
When Loyalty Is Not Enough
Excerpt: "A new study, conducted by Walker Information Global Network and the Hudson Institute (both based in Indianapolis) over the past year and a half, provides fascinating insights about what kinds of loyalty employees feel toward their employers, and what companies can do to gain not only more loyalty, but a better quality of loyalty, from their workers." (IOMA's HR Focus)
Personal Care Accounts Can Control Health Care Costs and Boost Retention
Excerpt: "Employers who are being hammered by health care cost increases are now looking at making the subtle but meaningful shift from employer-provided to employer-sponsored health benefits. One innovative mechanism for making that transition is the so-called 'personal care account.' Here's how PCAs work and how they can help you control skyrocketing health care premiums." (IOMA's Managing Benefit Plans)
Eleven HMOs Fail Financial Stability Test
(Medscape; free registration required)
Florida Probes Seven HMOs Over How Claims are Handled
(Following also appears in Retirement Plans Edition)
Selected Agencies' Use of Commercial Off-the-Shelf Software for Human Resource Functions
Excerpt: "DOD, GSA, HHS/CDC, Labor, and VA all have efforts underway to use [Commercial Off-The-Shelf] systems and applications to improve their HR functions. Quantifiable benefits expected included requiring fewer employees to perform HR functions, reducing manager time for transactions and data analysis, eliminating duplicative or multiple systems, and implementing self-service HR functions, such as employee changes to health and life insurance benefits ..." (General Accounting Office)
Summary Of Provisions In The Taxpayer Relief Act of 2000 In Conference Agreement for H.R. 2614
Excerpt: "This document, prepared by the staff of the Joint Committee on Taxation, contains a summary of the provisions in H.R. 5542, the Taxpayer Relief Act of 2000. The provisions of H.R. 5542 have been incorporated by reference in the conference agreement for H.R. 2614, the Certified Development Company Program Improvements Act of 2000." (Joint Committee on Taxation)
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