April 2, 2004 - 8,783 subscribers Today's sponsor: HIPAA Solutions Rx (Click on company name or banner to learn more.) ![]() Is Your Organization Impacted By HIPAA? Your answer is probably not a simple "yes" or "no", more likely it is "How much?" To help you understand this confusing regulation, HIPAA Solutions Rx and the law firm of Miller & Chevalier have developed some great resources. Now, Miller & Chevalier's Privacy Manual, QuickStart Guide and Model Documents are available to you through HIPAA Solutions Rx. Get started by visiting www.hipaaemployer.net to learn how companies who are fully insured, self insured, have flexible spending accounts, and even those who are administered by a third party, are impacted by HIPAA. Then, consider adding one of Miller & Chevalier's compliance tools to your library. Ordering online at www.hipaarx.net is easy or call toll free 1.866.447.2211. SHRM & NAM members receive special discounts - go to their respective bookstores to take advantage of some wonderful deals. (This is not an advertisement for legal services) (Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor) Washington State Governor Signs Bill To Help Small Businesses With Health Costs Excerpt: "Although Washington state Gov. Gary Locke (D) recently signed a bill (HB 2460) that aims to help small businesses with their health costs, three small business groups on Wednesday said they are planning to draft a ballot initiative for the fall election to allow insurers to sell small companies 'bare-bones' health plans, the AP/Seattle Post-Intelligencer reports." (KaiserNetwork.org) Small Business Groups To Push Senate on Association Health Plan Legislation Excerpt: "The National Federation of Independent Business and 160 other organizations on Thursday began a campaign pushing for the passage of a bill (S 545) that would allow small businesses to band together across state lines to form association health plans, the Washington Times reports." (KaiserNetwork.org) Voluntary Benefits Can Be Win-Win, But Also Can Be Lose-Lose Excerpt: "Corporate benefits packages may be shrinking, but voluntary benefits are skyrocketing. According to a recent survey, 6 of every 10 companies now offer at least one voluntary, or supplemental, benefit." (CFO.com) Overview: IRS Issues Additional HSA Guidance Excerpt: "Note that after the HSA is established, there is no guidance on whether there is an outside limit on obtaining tax-free payments or reimbursements from the HSA. For example, suppose an HSA is established today with a deposit of $1,000. A medical expense of $1,000 is incurred tomorrow. Without any outside deadline, the individual could leave the $1,000 in the HSA for 20 years and then withdraw $1,000 tax-free and claim it is a reimbursement of the medical expense incurred 20 years ago." (SunGard Corbel) Health Savings Account Fever: a Blistering Pace for HSA Guidance Continues 6 pages. (Kilpatrick Stockton LLP) Newly Posted Events 2004 CCA Annual Meeting in Hawaii on October 17, 2004 presented by Conference of Consulting Actuaries/American Academy of Actuaries 2005 Enrolled Actuaries Meeting in District of Columbia on April 3, 2005 presented by Conference of Consulting Actuaries/American Academy of Actuaries Newly Posted Press Releases Hewitt Study Shows Majority of Employers Likely to Offer New Health Savings Accounts (HSAs) (Hewitt Associates LLC) ERIC Warns Government Roadblocks on Rate Relief Crippling Pension System (ERIC (ERISA Industry Committee)) ACLI Encourages Congress, Administration, To Promote Long-Term Savings (American Council of Life Insurers) Mutual Fund Manager MFS Pays $50 Million Fine To Settle SEC Enforcement Action (U.S. Securities and Exchange Commission) Authoria Announces Sixth Annual User Conference (Authoria, Inc.) Health Plans Fail To Disclose Required Coverage Information (Office of New York State Attorney General Eliot Spitzer) Newly Posted or Renewed Job Openings
Pension Administrator/Compliance Analyst for CNA Trust in IL Daily Plan Administrator for Charlotte, NC TPA in NC Education Account Executive - Retirement Services for Principal Financial Group in CA Senior Health and Welfare Administrator for Black Mountain Management, Inc. in NY Retirement Consultant for Towers Perrin in CT, DC, GA, MA, NC, NJ, NY, PA Executive Director/Fund Administrator for large Taft Harley Fund located in New York City, New York in NY Paralegal-Legal Affairs for American Express in NY Handy Links:
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