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May 1, 2003 - 8,183 subscribers
Today's sponsor: EBIA's HIPAA Portability & Privacy
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UnumProvident ERISA Case Will Be Heard
Excerpt: "A Manhattan federal judge refused to dismiss the lawsuit by workers who claim UnumProvident committed ERISA violations by giving bonuses and promotions to its employees based upon the numbers of claims they denied. This scheme, the plaintiffs contend, allows UnumProvident to save money and increases profits, according to a Dow Jones report." (PLANSPONSOR.com; one-time registration required)
Bill Would Allow Use of COLI by State of Texas; Insurance on Retirees Would Benefit State
Excerpt: "Several large companies have secretly insured the lives of their low-level employees and profited when they died. Now a Dallas-area legislator wants to allow the state to do the same thing for retired state employees." (The Houston Chronicle via NewsAlert.com)
Opinion: Expansion of MSAs Could Drive Up Insurance Costs, Increase Number of Uninsured
Excerpt: "Few would propose a tax cut targeted toward healthy, affluent people that increases health insurance premiums for those who are sick. That is the probable consequence, however, of the Administration's fiscal year 2004 budget proposal to expand Medical Savings Accounts (MSAs) substantially." (Center on Budget and Policy Priorities)
Democratic Presidential Candidate Tries To Swing Focus Back to Health Care with Policy Speech
Excerpt: "Democratic presidential candidate Howard Dean gave a preview of his health care proposal in a speech to labor union leaders [on Wednesday, April 30], saying the American people have made clear the issue should be center stage." (Newsday.com)
Links to Items on Executive Comp, Benefits in General
Opinion: Difficult Valuation Issues Don't Mean Stock Option Expensing Idea Should Be Discarded
Excerpt: "[A]ny person with any knowledge of accounting could let [Intel CEO] Craig Barrett in on what ought to be a poorly kept secret: There is no number in the income statement or the balance sheet that doesn't already use assumptions, estimates, and generalizations." (The Motley Fool via NewsAlert.com)
Newly Posted or Renewed Job Openings
Client Service Consultant - Pensions
for Diversified Investment Advisors
in NY
ERISA Attorney
for Myers & Bettle, P.A.
in FL
Newly Posted Webcasts
(Post Yours!)
Mergers, Terminations and the 204(h) Notice
on May 28, 2003
presented by SunGard Corbel Inc.
Newly Posted Conferences
(Post Yours!)
Meeting Your Workplace Needs in Today's Economy
in GA
May 15, 2003
WEB Atlanta Chapter
Designing and Implementing HRAs and Other Consumer-Directed Health Care Plans
in ALL STATES
May 20, 2003
Thompson Publishing Group
COBRA UPDATE
in MA
May 21, 2003
Worldwide Employee Benefits Network
The Great Controversy: Current Pension Actuarial Practice in Light of Financial Economics Symposium
in CANADA
June 24, 2003
Society of Actuaries, Retirement Practice Area and Pension Section; The Actuarial Foundation; the American Academy of Actuaries
Handy Links:
- View Today's Active Message Threads
- Search BenefitsLink
- Using the Web for Employee Benefits Research
- Employee Benefits Library
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