The BenefitsLink Newsletter -
Welfare Plans Edition January 4, 2001 Today's sponsor is EmployeeBenefitsJobs.com (click on banner for more information) Protecting Personal Health Information: A Framework for Meeting the Challenges in Managed Care Excerpt: "This paper presents an overview of the issues that were considered through the NCQA/JCAHO joint project, and identifies actions that can be taken to address the confidentiality of personal health information. This report is intended to inform legislators, policy makers, managed care plans, providers, and the public." (National Committee for Quality Assurance and the Joint Commission on Accreditation of Healthcare Organizations) Successfully Integrating Your Health and Welfare Benefits (PDF) Excerpt: "This article presents methods and tools for constructing your health and welfare benefits plan within an M&A environment. Most of the solutions also can be modified for use outside of an M&A setting." (Milliman and Robertson) Disability Management Best Practices November 2000 issue. Excerpt: "Disability management, in its entirety, can be defined as the process of preventing and managing absence from work. Operationally, it is an active process directed towards promoting and supporting regular workplace attendance and minimizing the impact of impairment on the ill or injured employee's ability to compete in the workplace." (Benefits Canada) EAPs: Helping Hands November 2000 issue. Excerpt: "Employee assistance programs aren't just about face-to-face counselling anymore. They're making strides on everything from childcare to work-life balance and disability management." (Benefits Canada) (Following also appears in Retirement Plans Edition) Small World: The Growing Importance of International Actuarial Practice Excerpt: "You could, for instance, go to work for a U.S. subsidiary of a foreign company. Or your company could become a U.S. subsidiary of a foreign company. Or your client could have offices and operations all over the world and assume you, as the professional you are, know what that entails." (Contingencies magazine) Communicating Employee Benefits After a Corporate Metamorphosis (PDF) Excerpt: "This article focuses on some of the key details that employers should address when communicating employee benefits to the workforce after a reorganization. It does not address the overall strategic framework employed in managing the process of change itself." (Milliman and Robertson) Communications Issues Gain Prominence When Issuing Options To Diverse Base of Employee Optionees Excerpt: "Your employees will more readily realize the benefits -- psychologically and financially -- if the company communicates at every stage of the (public company) stock option life cycle: when the options are granted, when they vest, when an employee considers exercising the options (which may or may not involve the sale), the sale and settlement of the transaction." (Foundation for Enterprise Development) Nasdaq Extends Deadline on Stock Option Proposal Comment Period Excerpt: "Given the importance of this issue, the intervening holiday period and the interest indicated by various parties in submitting comment, Nasdaq has extended the comment deadline until February 5, 2001." (Yahoo! Finance) Market Turmoil Tarnishes Luster of Stock Options Excerpt: "As the job market and the economy cools, experts say, 2001 is likely to see a major refocusing on core salaries, performance-based bonuses and lifestyle-oriented benefits instead of stock options." (CNET.com) Dividing Employees' Stock Piles Excerpt: "Mathematically, it doesn't matter how many options a company starts out with. A company that gives itself 10 million shares (and therefore 10 million options to buy the 10 million shares) would be worth the same amount if it gave itself 100 million shares. The only difference would be the value of each share.... The next step is to figure out how much the founders get ... in the end, it won't matter unless they make the company worth something. Then come the employees." (RedHerring.com)
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