| The BenefitsLink Newsletter - Welfare Plans Edition |  |
October 25, 2001 - 6,463 subscribers
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IRS Relaxes Assignment-of-Income Rule for Charitable Leave Programs in 2001 and 2002
Excerpt: "In the aftermath of the September 11, 2001 terrorist attacks, a number of employers have adopted or are considering adopting leave-based donation programs, under which employees forgo vacation, sick, or personal leave in exchange for employer contributions of amounts to organizations described in section 170(c) .... Notice [2001-69] provides interim guidance on the application of income and employment taxes to, and the proper reporting of, payments by employers under these programs." (Internal Revenue Service)
British Insurers Agree to 5-Year Ban on Genetic Tests
Excerpt: "British insurance companies have agreed to impose a voluntary 5-year ban on the use of genetic test results to determine whether they will offer cover and at what price." (Medscape; free registration required)
Number of Teleworkers Increases by 17 Percent
Press release. Excerpt: "The number of employees who telework in the United States increased to 28.8 million, for a jump of almost 17%, during the past year. An overwhelming majority of these teleworkers are more satisfied with their jobs, are more productive, and feel more loyal to their employers." (PR Newswire via IFEBP)
Case Study: When Telecommuting Actually Works
Excerpt: "[Business 2.0 invites] readers to share their e-business success (or horror) stories in What Works, an online forum. Each month our editors will write up the best entry." (Business 2.0)
Experts Weigh In On What Makes Telecommuting Work
Excerpt: "Federal agencies should look at best practices in the private sector when crafting telecommuting plans and should ensure that they tailor their plans to the needs of their particular organization, according to a new report from the General Services Administration." (GovExec.com)
Andersen Releases Its Second Annual Survey on Health Care Costs in the United States
Excerpt: "According to the survey, health care costs across most health care products are expected to grow at double-digit rates in 2002. The survey analyzed 36 of the top-ranking insurance companies and managed care organizations to determine what health care trend factors were prevalent in the marketplace for group insurance plans renewing on January 1, 2002." (PR Newswire via Excite News)
Insurer Offers Clients a Deal On Cosmetic Procedures, Not Coverage
Excerpt: "Health insurers have always shied away from breast implants and other cosmetic procedures, calling them expensive, elective and - for the most part - not worthy of coverage. That hasn't changed. However, Blue Cross and Blue Shield of North Carolina said Tuesday it will offer 15 percent discounts on cosmetic surgery to most of its members, effective Nov. 1." (The Charlotte [N.C.] Observer)
Terrorist Attacks, Anthrax Scares May Put 'Further Pressure' on Rising Health Care Costs
Excerpt: "The Sept. 11 attacks on the World Trade Center and the Pentagon, and the subsequent anthrax scares, are putting 'further pressure' on health care costs that were already expected to rise 12% to 15% next year, the Wall Street Journal reports." (KaiserNetwork.org)
Newly Posted or Renewed Job Openings (Post Yours!)
| 401(k)/DC Pension Consultant | for CBIZ Retirement Services Inc. in NY |
| 401(k) Enroller/Contractor - Bilingual | for Transamerica in FL, GA, IA, IL, IN, MI, TX |
| 401(k) Enroller/Contractor | for Transamerica in FL, GA, IA, IL, IN, MI, TX |
| Consulting Actuaries | for Cozak-Davis in CA |
| Team Leader - Recordkeeping | for INVESCO Retirement, Inc. in GA |
| Senior Pension Administrator | for American Fiduciary Corporation in MA |
| Pension Administrator / Consultant | for Everest Pension Services, LLC, an affiliate of Dorfman Robbie CPA's in NY |
Newly Posted Conferences (Post Yours!)
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - San Jose | in CA on February 5, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Atlanta | in GA on February 5, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Indianapolis, IN | in IN on February 5, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Denver | in CO on February 5, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Mobile | in AL on February 5, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Sacramento | in CA on February 12, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Evansville | in IN on February 12, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Omaha | in NE on February 12, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Birmingham | in AL on February 12, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - New Orleans | in LA on February 19, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Minneapolis | in MN on February 19, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Des Moines | in IA on February 19, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Chicago Downtown | in IL on February 19, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Davenport | in IA on February 26, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Chicago, O'Hare | in IL on February 26, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Louisville | in KY on February 26, 2002 presented by A.E. Roberts Company |
| FMLA; Coordinating FMLA, ADA, and Workers' Comp; COBRA; HIPAA; and Section 125 - Jackson | in MS on February 26, 2002 presented by A.E. Roberts Company |
Newly Posted Press Releases
| STUDY FINDS 401(K) EMPLOYERS SATISFIED IN A DOWN MARKET! (401kExchange.com) |
| NuView Systems, Inc. Holds First Annual User Group Conference (NuView Systems, Inc.) |
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Copyright 2001 BenefitsLink.com, Inc., but you may freely distribute this email newsletter in whole. This newsletter is edited by David Rhett Baker, J.D.
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