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The BenefitsLink Newsletter -
Welfare Plans Edition
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February 28, 2002 - 6,505 subscribers
Today's sponsor: Benelogic, LLC

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

   Benelogic, LLC develops intuitive software applications designed
   to simplify employee benefits administration.  By enabling the
   logical use of data to streamline and enhance the benefits
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   including: Employee Self-Enrollment, Employee Communications,
   Carrier Data Exchange, Voluntary Benefits Administration, COBRA
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(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)

U.S. Lawmakers Say Prospects Bleak for Aid to Uninsured This Year
Excerpt: "[T]he leading prospect for help-- a White House tax credit plan that President Bush says could extend coverage to 6 million people-- will probably not get the approval of a divided Congress in an election year, a Republican and a Democratic House member said." (Reuters Health via Lycos)

Strategies for Easing Elder-Care Concerns
Excerpt: "Time-pressed working care-givers can easily get lost in the thicket that is our nation's long-term care system, spending weeks sorting out their loved ones' housing, financing and medical options. Millions of corporate employees get help through employers' work-life information-and-referral services." (CareerJournal.com)

MEWA Mindset: Fraught With Wishful-Thinking Errors
Excerpt: "This is not propaganda against the concept of multiple employer plans. This is a reality check on some over-active wishful-thinking imaginations. No issue generates as much off-the-wall wishful-thinking and blindness as self-funded multiple-employer plans.... I am speaking only about self-funded plans. Fully-insured multiple employer plans are already regulated by states via the insurance company." (Fred Hunt, President of Society of Professional Benefit Administrators)

Sales of Long Term Care Insurance Triple Over Decade
Excerpt: "The number of Americans who have purchased long term care insurance has more than tripled over a decade, from 1.9 million in 1990 to 6.8 million in 1999, according to a Health Insurance Association of America (HIAA) survey." (insure.com)

AFL-CIO to Fight for ex-Enron workers' Severance Pay
Excerpt: "Former Enron worker Debra Johnson said her employee manual stipulated that laid off employees should receive up to $30,000 in severance pay but that she had received nothing to date." (Reuters via Yahoo! Finance)

Newly Posted or Renewed Job Openings - Post a Help Wanted Ad
Senior Pension Administrator for Snyder Cohn Collyer Hamilton & Associates
in MD
Employee Benefits Paralegal / Administrator for Iris Bashi Associates, LLC
in NJ

Newly Posted Press Releases
vSimplify Provides Payroll and Carrier Connectivity (vSimplify)
457 Plan Services Now Updated for EGTRRA (SunGard Corbel)

Subscribe to the Retirement Plans Edition, too (click)

Copyright 2002 BenefitsLink.com, Inc., but you may freely distribute this email newsletter in whole. This newsletter is edited by David Rhett Baker, J.D.