If this message looks garbled to you or if the headlines in this message don't connect you to Web pages when you click on them, please request the "plain text" version of this newsletter ("Welfare Plans Edition") by emailing your request to publisher Dave Baker
Jobs | Today's Messages | Topical News | Q&A Columns | Services & Products | Search | Reference

The BenefitsLink Newsletter -
Welfare Plans Edition
To BenefitsLink home page Fill your job openings fast by advertising on BenefitsLink

January 31, 2002 - 6,414 subscribers
Today's sponsor: In Plain English

(Click on company name or banner to learn more.)

   ERISA requires new SPDs by January 22, 2003.  Will you
   be ready? Let In Plain English(R) write and produce your
   SPDs for print and the Web.  Compliant, Correct,
   Easy-to-Read... Guaranteed!  For more information on
   how we can help you, visit http://www.InPlainEnglish.com
   or email Ron Wohl at rwohl@InPlainEnglish.Com.
   To receive our FREE SPD ALERT Newsletter, subscribe at
   http://www.InPlainEnglish.com/welcome.htm

(Help BenefitsLink to provide this newsletter at no charge to you -- our sponsors pay our way. Remember to visit them periodically; we try to make sure their products and services will be of interest to you. Thanks! --Editor)

Supreme Court Makes Subrogation More Difficult
Excerpt: "This Alert reviews the Supreme Court's decision and, in the 'Analysis' section at the end, suggests steps plan sponsors may consider in response to this judicial setback for subrogation." (Kilpatrick Stockton LLP)

Controlling Rising Health Care Costs
Excerpt: "Forward-looking companies are choosing to use the current environment as an opportunity to rethink their overall benefits philosophy with a focus on total rewards. Accordingly, they are putting into place benefit redesign and cost-shifting strategies that include tradeoffs which enhance some part of the total compensation package. This article focuses on long-term tradeoff strategies for cost savings ..." (Aon)

Tax Credits for Uninsured to be Included in Bush Budget Proposal
Excerpt: "President Bush's budget proposal will include $89 billion over 10 years in individual tax credits to help an estimated 6 million Americans, now currently uninsured, to buy health insurance, HHS Secretary Tommy Thompson said during a speech ..." (Modern Healthcare)

Bush Advisor Defends Administration's Short-Term Health Proposal
Excerpt: " President Bush strongly supports the proposal included in the House-passed 'economic stimulus' bill for helping those who have recently lost their jobs keep their health insurance, White House health adviser Mark McClellan said Wednesday." (Medscape; free registration required)

Bush Sees Tax Credits as Way to Insure Poor
Excerpt: "The Bush administration unveiled a plan Wednesday that relies largely on tax credits to help low-income Americans buy health insurance. The proposal set the stage for another partisan battle on Capitol Hill and renewed doubts that the growing number of Americans without health care would get any government help this year." (Los Angeles Times)

Opinion: Mandatory Health Coverage Might Not Be Best Way to Decrease Uninsured in Washington State
Excerpt: "Washington state Insurance Commissioner Mike Kreidler's proposal to require all residents to have health insurance may not be the best way to begin a 'conversation on the issue of health insurance coverage,' a Seattle Post-Intelligencer editorial says." (KaiserNetwork.org)

(Following items are in both editions of the BenefitsLink Newsletter)


Andersen's Alert: U.S. Compensation and Benefits News Briefs for January 18, 2002
Excerpt: "Our January 18, 2002, issue includes these topics: Reimbursement of health premiums paid by pre-tax salary reductions ruled taxable; Revised guidance on split-dollar life insurance plans; Final regulations issued on the provision of DOL-requested plan documents." (Andersen)

Workers For Bakery Company Were Employees, and Not Independent Contractors
The U.S. Tax Court has ruled that the workers for a bakery products manufacturer were actually employees and not independent contractors and, hence, that the company was liable for the payment of employment taxes on behalf of the workers. The ruling came in Ewens and Miller, Inc. v. Commissioner (117 T.C. No. 22). (Spencernet)

What's Next for Executive Compensation?
Excerpt: "What are the smarter ways to retain mission-critical talent without incurring the ire of shareholders, employees, and customers alike? In this article, we'll briefly review approaches for addressing some of the compensation challenges that have arisen as a result of the current environment." (Aon)




Newly Posted or Renewed Job Openings - Post a Help Wanted Ad
Sr Benefits Analyst for Amerada Hess Corporation
in
NY
Manager, Benefits Administrator for American Chamber of Commerce Executives
in
VA
Retirement Services Project Coordinator for Segal Co.
in
MI
Benefits Communication Specialist for Oak Ridge National Laboratory
in
TN



Newly Posted Announcements of Promotions and New Personnel (Post Yours!)
Karen R. Miller (Catskill Benefit Consultants, LLC)

Subscribe to the Retirement Plans Edition, too (click)


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.