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June 28, 2006
Today's sponsor: Benefit Software Inc.

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(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)

Committee on Ways and Means Hearing on Health Savings Accounts, Wednesday, June 28, 2006
The target page provides links to the testimony of invited witnesses: Jeff Cava, Wendy's International, Inc.; Karen Ignagni, America's Health Insurance Plans; Harold Jackson on behalf of U.S. Chamber of Commerce; Gary Lauer, eHealthInsurance; Larry Lutey, Lutheran Social Services of Illinois; and Sarah R. Collins, Program for the Future on Health Insurance Program, Commonwealth Fund; Jean Therrien, Neighborhood Family Practice, Cleveland, Ohio." (U.S. House of Representatives Committee on Ways and Means)

Present Law & Analysis Relating to Tax Treatment of Health Savings Accounts & Other Health Expenses (PDF)
19 pages. Excerpt: "The House Committee on Ways and Means has scheduled a public hearing on June 28, 2006, on health savings accounts. This document, prepared by the staff of the Joint Committee on Taxation, provides a description of the present-law individual income tax provisions relating to health care expenses and a discussion of issues." (Joint Committee on Taxation)

Surfing for Sitters: Helping Employees Find Child Care Online
Excerpt: "A few employers, including Children's and Carolinas HealthCare System, a nonprofit Charlotte, N.C., hospital concern, are providing employees discounted access to SitterCity.com, which usually costs $39.99 for the first month, and $9.99 a month thereafter." (The Wall Street Journal Online via CareerJournal.com)

Editorial: Health-Care Costs Strap the State Teachers Retirement System of Ohio
Excerpt: "While health-care coverage was once one of the least expensive programs public and private employers and pension plans could provide to their workers and retirees, we all know that escalating costs and increased utilization have made providing affordable health-care insurance a national issue. Today, STRS Ohio spends $1.2 million per day on retiree health care. [Damon F. Asbury is the executive director, State Teachers Retirement System of Ohio Columbus.]" (Damon F. Asbury via The Columbus Dispatch)

Data Mining and Innovation: Keys to U.S. Health Reform
Excerpt: "Six major innovations, sometimes inspired by government, sometimes undertaken independently or in concert with the private sector, are driving health reform: data mining reform, consumer-driven care, pay-for-performance initiatives, national electronic infrastructure building, state-by-state reform experimentation, and 'disruptive simplification' innovations at the practice management level." (HealthLeaders News)

Insurance Companies' Efforts to Control Costs Put Restrictions on Pres.cription Drugs
Excerpt: "Many doctors say they are facing increasingly high hurdles in their attempts to prescribe drugs, even those that treat common maladies like heartburn and migraine headaches." (The Boston Globe)

More Employers Adopting Sweeping Health Management Programs
Excerpt: "A new survey has found that employers are increasingly implementing comprehensive workforce physical and mental health programs to not only save money but to boost productivity as well." (PLANSPONSOR.com; one-time registration required)

Overview: Employers Managing Health and Productivity: A Research Update
Excerpt: "Integrated Benefit Institute's (IBI) most-recent report of the 2004 experience of 624 benefits professionals shows that 56% of respondents either have a health and productivity management (HPM) strategy or plan to have one in place in the next year." (PLANSPONSOR.com; one-time registration required)

Aon Consulting/ISCEBS Survey: Consumer-Driven Health Plans Gaining Stronger Presence (PDF)
7 pages. Excerpt: "In a nationwide survey developed by Aon Consulting and conducted in association with the International Society of Certified Employee Benefit Specia.lists (ISCEBS), [Aon Consulting] asked ISCEBS members and select Aon Consulting clients and contacts for their views on consumer-driven health plans (CDHPs) and its present and future impact on the delivery of employee health benefits." (Aon Consulting)


Newly Posted Press Releases
(Post Yours!)

Employers Anticipate Further Restrictions on Retiree Medical Plans, Watson Wyatt Survey Finds
(Watson Wyatt)

Hewitt Report Highlights Employee Use of Roth 401(k) Plans
(Hewitt Associates LLC)

More Employers Offer Consumer-Driven Health Plans to Employees, Says Aon Consulting and the International Society of Certified Employee Benefit Specialists
(Aon Consulting)


Newly Posted or Renewed Job Openings
Post a Help Wanted Ad

Implementation Consultant X1
for Hewitt Associates
in GA

Open Enrollment Specialist
for BeneTemps, Inc.
in ANY STATE

Benefit Financial Analysis Manager
for CUNA Mutual Group
in WI

Pension Administrator
for Fred S. Shapiro & Associates, Inc.
in MD

Human Resources Manager
for CUNA Mutual Group
in WI

401 (k) Administrator
for Scholz, Klein & Friends Enlightened Retirement Group, Inc.
in TX

Benefits & Retirement Specialist
for Aerojet - Sacramento
in CA




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