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

May 24, 2002 - 6,398 subscribers
Today's sponsor: The COBRA Administrator Handbook

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

   Get the COBRA Administrator Handbook for Complete Compliance

   The first and only compliance manual designed specifically for
   COBRA self-administration.  Simple step-by-step format ensures
   accurate COBRA documentation, efficient record keeping and
   complete COBRA compliance protection.

   The only manual written by expert third-party administrators for
   COBRA nonprofessionals!  Click on the link above for more
   information.

(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)

In Rev. Rul 2002-27, IRS Approves Automatic Enrollment for Cafeteria Plans
Excerpt: "[Issue:] Whether employer contributions used to purchase group health coverage under § 125 of the Internal Revenue Code are included in the gross income of the employee solely because the plan uses an automatic enrollment process whereby the employee's salary is reduced each year to pay for a portion of the coverage unless the employee affirmatively elects to receive the amount in cash." (Internal Revenue Service)

Senate Approves Trade Legislation Including Tax Credits for Displaced Employees' COBRA Premiums
Excerpt: "Its centerpiece is a refundable tax credit, payable in advance, that would cover 70 percent of the cost of health insurance for workers eligible for trade adjustment aid to tide them over while they seek new jobs." (Washington Post)

Analysis: Supremes Limit ERISA Remedies in Great-West Life & Annuity Insurance Co. v. Knudson
Excerpt: "This case may not seem like a big deal since the only practical result is that dollars that might have gone to an insurer instead go to a lawyer. The big deal, however, is the Court's narrow interpretation of Section 502(a)(3). This is the very same provision that the Supreme Court plucked out of obscurity in the Varity case ..." (Nixon Peabody LLP)

Employee Moving Assistance Programs: Whose House Is It, Anyway?
Excerpt: "[S]ome employers have provided additional assistance by helping with or even taking over the process of selling an employee's current house. The employer may provide the relocation assistance directly or through a third-party relocation company. The exact type of assistance provided and the manner in which it is provided may raise different issues and affect proper tax treatment." (Thompson Publishing Group)

Mercer Releases Time-Off Survey
Excerpt: "Employers spent an average of 14.6 percent of payroll on absence-related benefits in 2000, an increase of .3 percent over the previous year ... Out of the 14.6 percent, employers spent 10.2 percent on scheduled absence benefits such as vacations and holidays and 4.4 percent on unscheduled absence benefits ..." (Society for Human Resource Management)

Free-Market Groups Defend Direct-To-Consumer Drug Advertising
Excerpt: "'Direct-to-consumer' prescription drug advertising is not driving up health costs, but could actually be helping to contain them, free-market advocates told a Capitol Hill briefing Tuesday.... 'There's very little evidence that doctors are prescribing inappropriately or people are taking drugs they shouldn't,' said John Calfee of the American Enterprise Institute." (Reuters Health via Medscape; free registration required)

Grading States on Basis of the Uninsured
Excerpt: "Being uninsured is hazardous to your health, according to a new government study. In fact, people without health insurance are more likely to have poorer health and die prematurely than those with insurance, according to the Institute of Medicine, an arm of the National Academy of Sciences." (insure.com)

Transcript: Discussion with Managed Care Health Critic Dr. Linda Peeno
Excerpt: "In the movie ['Damaged Care'], [Laura] Dern plays a real physician named Dr. Linda Peeno of Louisville, Ky. Peeno worked for several managed care companies as a medical reviewer approving and denying claims for payment. She is now one of managed care's strongest critics." (Washington Post)

Transcript: Discussion About Managed Care, with Representative American Association of Health Plans
Excerpt: "[J]oin Post Health columnist Abigail Trafford and her guest Susan Pisano, director of communications for the American Association of Health Plans, to talk about the importance of managed health care." (Washington Post)

Welcome to new BenefitsLink advertiser DataPath, Inc.
Excerpt: "125 Administration Package is a full-service Windows-based solution developed by DataPath, Inc. for administrating § 125 Cafeteria Plans, and integrates with other systems in Datapath's employee Benefit Software Suite. The package is designed for multi-company/multi-user administration, with unlimited capacity for plan service providers. For more information, go to www.dpath.com or email sales@dpath.com."




Newly Posted or Renewed Job Openings - Post a Help Wanted Ad
Pension Administrator 401(k) Defined Contribution for Davey Administration Group
in CA
ERISA/Employee Benefits Partner for Swift & Associates, Executive Search Consultants, Portland, ME
in ME, NH
Pension Consultant, Employee Benefit Services for Tofias PC
in MA
Actuarial Student for San Diego-Based Pension Consultant
in CA
Actuarial Consultant for Argus Consulting Ltd
in MA
Manager, Benefits for Agfa Corporation
in NJ



Newly Posted Press Releases (Post Yours!)
AHI's Benefits Alert Releases New Free Report: "Supremes Rule On Benefits" (Alexander Hamilton Institute - AHI's Benefits Alert)
DST Vision® to Provide Single Sign-on Access to Search401k® (Search401k)
Senate Hearing Highlights WISER Report on Women & Retirement (Women's Institute for a Secure Retirement (WISER))

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.