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November 15, 2002 - 7,973 subscribers
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Hospital Chain's Steep Prices Blamed for Raising Costs for All
Excerpt: "Federal investigations of Tenet Healthcare Corp., one by the FBI and the other by Medicare, raise troubling questions about the aggressive tactics used by the nation's second-largest for-profit hospital chain in its pursuit of profits, health care experts say." (San Francisco Chronicle)

Sellers of Section 529 Products Need New Certification
Excerpt: "Advisers who are sole proprietors need to have yet another certification in place by April 1, 2003 in order to sell Sec. 529 education savings plans." (BenefitNews.com)

Opinion: Using Sick Days to Care for Family Doesn't Mean Work Comes Second
Excerpt: "A recent study reported that workers are using a quarter of their sick days for family and personal reasons rather than illness. These absences represented 24% of sick days, up 2% since 2000. Needless to say, this is costing employers a bundle.... What this could mean is that people are starting to shift their priorities, lowering the job by a notch or two and devoting more attention to family life." (Fortune Small Business)

Working Paper: Why Have Health Expenditures as a Share of GDP Risen So Much?
Available for downloading for $5 from SSRN.com. Excerpt: "Aggregate health expenditures as a share of GDP have risen in the United States from about 5 percent in 1960 to nearly 14 percent in recent years. Why? This paper explores a simple explanation based on technological progress." (National Bureau of Economic Research)

Gore Touts Single-Payer Health System
Excerpt: "Noting that 40 million Americans now have no health insurance, Al Gore says he now favors 'single-payer' national health coverage, a proposal that would require a massive change in the health insurance system. With single-payer coverage, money to pay for health care-- such as insurance premiums and tax dollars-- would be collected by a single agency, which would then pay for comprehensive coverage for all citizens." (AP via Yahoo! News)

Links to Items on Executive Comp, Benefits in General

Analysis: Stock Exchange Rules Would Add New Shareholder Approval Requirements for Equity Comp Plans (PDF)
4 pages. Excerpt: "Until now, both the NYSE and Nasdaq have only required shareholder approval of stock option or other arrangements in which officers or directors may acquire company stock." (Pillsbury Winthrop LLP)

Tapes Available for Purchase: American Bar Association Tax Section's October 2002 Meeting
Two sets of tapes (2 in each set) available on the Employee Benefits program ($20 per set); one set of tapes ($20) available on 'HIPAA Privacy Primer For Group Health Plans." (American Bar Association, Section of Taxation)

Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Benefits Outsourcing Program Manager
for Fidelity Investments - Marlborough, Massachusetts
in MA

Pension Compliance Specialist
for Saint-Gobain Corporation
in PA

Newly Posted Conferences
(Post Yours!)

HIPAA Revisited
in OH
November 21, 2002
WEB, Worldwide Employee Benefits Network

PenServ's 2003 Diamond Degree Select
in CA, NV, NY, PA, TX
March 12, 2003
PenServ, Inc.

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