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April 27, 2005
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Outrageous Employee Benefits: Strategy to Keep Workers Happy Is Sound Business
Excerpt: "The right employees are your firm's best asset' is easy to say, but it takes wisdom and imagination to put your firm's money and future where your mouth is. That was the commitment Boston firm Vitale Caturano & Co. (VCC) made when it developed its program of 'outrageous employee benefits.' .... It formalized its policy of generous work/life incentives in 1996 as a way to lure qualified staff." (Journal of Accountancy)

North Carolina Lawmaker Introduces Bill that Would Limit Health Insurance Company's Reserves
Excerpt: "North Carolina Rep. Bill Faison (D) on Wednesday introduced a bill that would limit the amount of money health service corporations could keep in reserves and place excess funds in a trust fund that would pay for health insurance for the uninsured, the Raleigh News & Observer reports." (Kaiser Family Foundation)

The Prosperity of Managed Health Care Plans May Be Tapering Off
Excerpt: "Even as the nation's health care costs keep climbing, the insurance companies that try to manage those costs have been prospering and increasing their profit. But some analysts see trouble ahead." (The New York Times; one-time registration required)

Wall Street Journal Examines Employers Offering Coverage for Smoking Cessation
Excerpt: "The Wall Street Journal on Tuesday examined how a recent decision by CMS to cover some smoking-cessation programs for Medicare beneficiaries -- combined with new evidence that such programs reduce health care costs -- is 'putting pressure on some employers to re-examine' their decisions not to cover such treatments." (Kaiser Family Foundation)

Report: Characteristics of the Uninsured -- A View from the States
Excerpt: "This report reviews state-level data about adults who work but do not have health insurance coverage. More than 20 million working adults do not have health care coverage, according to an analysis of 2003 data from the Centers for Disease Control and Prevention. [Read the 49 page full report at http://www.rwjf.org/files/research/Full_SHADAC.pdf.]" (The Robert Wood Johnson Foundation)


Newly Posted Events

“Getting It Right” - New Compliance Assistance Seminar for Plan Fiduciaries
in New York on May 26, 2005
presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)


Newly Posted Press Releases

Disaster Relief Announcement
(Pension Benefit Guaranty Corporation (PBGC))

The Principal Financial Group Offers Relief to Migraine Sufferers; New Migraine Care Program Provides Support for Members, Mitigates Effects Painful Chronic Disorder
(Principal Financial Group)

U.S. Department of Labor Bars Pennsylvania Man from Serving as Employee Benefit Plan Fiduciary
(U.S. Department of Labor, Employee Benefits Security Administration)

Penchecks, Inc. Announces New Web-Based Service to Help Retirement Plan Sponsors Locate Lost Participants
(Penchecks, Inc.)

American Library Association Teams With The Investor Protection Trust And Kiplinger To Promote Investor Education In U.S. Libraries
(American Library Association)


Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Fund Administrator
for Taft-Hartley Benefit Plans
in IL

Clerical
for KSA Insurance Agency
in GA

Retirement Plan Case Manager for TPA Firm
for Stephen H. Rosen & Associates, Inc.
in NJ

Client Service Coordinator
for HaynesHitesman PC
in KS, MO




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