February 13, 2004 - 8,783 subscribers Today's sponsor: CBI’s 2nd Annual Disease Management Summit for Employers, Providers and Health Plans (Click on company name or banner to learn more.) ![]() Al Lewis and Warren Todd to speak at CBI's Disease Management Summit! CBI’s 2nd Annual Disease Management Summit for Employers, Providers and Health Plans: Improve Productivity and Outcomes While Reducing Absenteeism and Healthcare Costs, April 22-23, 2004 in Washington D.C. The Summit features employers and healthcare strategists who will present innovative strategies to evaluate and implement disease management programs. Through in-depth case studies, speakers and healthcare strategists will present financial and clinical outcomes that have effectively managed health care costs, decreased absenteeism and improved productivity for employees with chronic conditions. (Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor) FASB Confirms Existing Rules on Medicare Accounting Excerpt: "The Financial Accounting Standards Board (FASB) on Wednesday cleared up some of the confusion surrounding accounting for the effects of the new Medicare law.... FASB's Wednesday vote confirmed that existing rules governing post-retirement benefit costs should be used. According to the Wall Street Journal, that means companies should book the estimated amount of federal subsidy as a reduction of future benefit costs -- instead of as a stream of income from continuing operations." (AccountingWEB) Consumer Choice Health Care: Reports From the Field Excerpt: "The consumer choice health care movement is reaching its stride as the new products mature and reach further into the mainstream market. Early results are very encouraging. The vendors presenting at Galen's briefing all showed improvements in cost-containing activities by their enrollees and a new level of health care activism." (The Galen Institute) Links to Items on Executive Comp, Benefits in General Benefits Planning for 2004 (PDF) 4 pages. Excerpt: "With so much rapid change in the world of compensation and benefits, it's hard for executives and human resources professionals to know where to focus their efforts. This article briefly highlights some issues that will deserve particular attention this year." (Kenneth A. Hoogstra of von Briesen & Roper, s.c.) Newly Posted Events Washington Update Webcast Nationwide on February 26, 2004 presented by ASPA (American Society of Pension Actuaries) Managing an Aging Workforce Nationwide on February 25, 2004 presented by Winston & Strawn Breaking Down the Barriers to 401(k) Use Nationwide on February 13, 2004 presented by Hewitt Associates LLC Newly Posted Press Releases Treasury and IRS Shut Down Abusive Life Insurance Policies in Retirement Plans (Internal Revenue Service (IRS)) Treasury and IRS Make It Easier for States to Use the Health Coverage Tax Credit (U.S. Treasury Department and Internal Revenue Service) SEC Adopts Enhanced Mutual Fund Expense and Portfolio Disclosure; Proposes Improved Disclosure of Board Approval of Investment Advisory Contracts and Prohibition on the Use of Brokerage Commissions to Finance Distribution (U.S. Securities and Exchange Commission) 'Hard 4 PM' Trading Deadline Will Cost Participants $1 Billion -- NDCC Suggests Allowing Intermediaries to Accept Trades Until 4:00 PM ET (National Defined Contribution Council) Newly Posted or Renewed Job Openings
Project Manager-CCI for Transamerica in CA Vice President, Retirement Services for Invesmart in KY 401k Client Service Representative for BISYS Retirement Services in PA Compensation Manager for Harrah's Entertainment, Inc. in NV Account Manager - Recordkeeping for Executive Benefits TPA in GA Handy Links:
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