June 22, 2006 Today's sponsor: ASPPA • Working for America's Retirement™ (Click on company name or banner to learn more.)
CalPERS Hikes HMO Premiums by 11.6% for 2007 Excerpt: "CalPERS said key factors impacting 2007 pricing include increased medical provider payment demands, higher drug costs, an aging population and a growing number of people with chronic conditions." (Business Insurance; one-time registration required) White Paper: Redefining and Reforming Health Care for the Last Years of Life (PDF) 5 pages. Excerpt: "Americans today can expect longer and healthier lives, but most of them will spend their last few years living with disabilities or chronic illnesses. These changes are straining the U.S. health care system, which did not develop in the context of needing to serve large numbers of chronically ill and disabled elderly individuals." (RAND Health) Ultra-Low Prices for Some Brand-Name Drugs Worry Generic Makers Excerpt: "Consumer advocates typically cheer lower prices but in this instance they worry that a short term benefit for patients will ultimately result in long term problems.... Tim Heady, the CEO of UnitedHealth's pharmacy benefit management arm, said this is the first time a generic has ever cost more than a brand but expects more such deals in the future." (AP via Yahoo! News) Newly Posted Events Labor Department Sponsors Tucson Workshop on Federal Pension and Health Law in Arizona on August 1, 2006 presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA) Newly Posted Press Releases ASPPA Retirement Plan Fundamentals (RPF) Examinations to Replace PA Examinations Effective Midnight, June 30, 2006 (ASPPA (American Society of Pension Professionals & Actuaries)) Blue Cross of California Launches BMI Training and Promotion Program to Make Childhood Obesity Screening a Statewide Standard (Blue Cross of California) Nation's Insurance Commissioners Help Consumers Cope With Cost, Confusion Regarding Health Insurance (National Association of Insurance Commissioners (NAIC)) Newly Posted or Renewed Job Openings
Account Executive- Philadelphia for Transamerica in PA 401(k) Administrator for Continental Benefits Group, Inc. in NJ Data Project Administrator for Vanguard in PA TPA Relationship Manager - South East Region for Transamerica in GA Pension Administration Analyst-Entry for Hewitt Associates in GA VP, Retirement Plans Product Manager for J & W Seligman & Co Incorporated in NY Cafeteria Plan Administrator (Section 125) for Polycomp Administrative Services (Roseville, CA) in CA Retirement Program Manager - DB, DC, and NQP Plans for Vanguard in PA Assistant Plan Administrator for Compensation Planning, Inc. in OK Pension Administrator for Andraos Capital Management in CA Daily Valuation Recordkeeper for Associates in Excellence in CA TOC Design Consultant Advanced for Hewitt Associates in IL Associate Account Manager, Human Resource Services for Paychex in NY Plan Analyst for McGraw Wentworth - Group Benefits Broker/Consultant in MI Account Manager for McGraw Wentworth - Group Benefits Broker/Consultant in MI Handy Links:
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