July 14, 2006 Today's sponsor: The Center for Tax Law and Employee Benefits at The John Marshall Law School (Click on company name or banner to learn more.)
NEJM Article Examines Trends in Employer-Sponsored Health Insurance Excerpt: "'Employer-Sponsored Insurance -- Riding the Health Care Tiger,' New England Journal of Medicine: [T]he second of two articles for NEJM ... examines how employers and insurers are working to address issues related to cost and quality of care, how well their solutions are working and how the employer-sponsored health insurance system will change over the next two decades." (Kaiser Family Foundation) Senate Committee Hearing on Insurance Regulation Reform, July 11, 2006 The target page includes links to the video record of the hearing and to the written testimony of the witnesses. (U.S. Senate Committee on Banking, Housing, and Urban Affairs) University of Louisville Will Cover Domestic Partners Excerpt: "Domestic partners of University of Louisville employees will be included in school health insurance coverage, following a 14-1 vote by trustees [yesterday]. Such coverage could begin Jan. 1, pending a competitive bidding process for insurers." (The Cincinnati Enquirer) HSAs and the Chronically Ill: Smarter Patients and Better Care (PDF) 3 pages. Excerpt: "The new paper evaluates how the chronically ill may find HSAs a valuable new option since HSAs provide patients greater control and flexibility over their health care decisions and empower consumers to be better-informed patients." (The Council for Affordable Health Insurance) Blame it on RHIO: Potential Liability Concerns with Electronic Health Information Exchange (PDF) 8 pages. Excerpt: "The article ... discusses potential liability issues and risk mitigation strategies for RHIOs." (Polsinelli Shalton Welte Suelthaus PC via Health Lawyers News) Small Business Discount for Wellness Programs Expands to Michigan Excerpt: "The program by Blue Care Network, part of Blue Cross Blue Shield of Michigan, comes as benefit managers nationwide embrace 'consumerism.' The term encompasses a range of efforts, often aimed at getting workers to pay a larger portion of their health costs and be more judicious consumers." (USA TODAY) Opinion: A Telephone Worker Responds to Andy Stern on Single Payer Health Care Excerpt: "In a June 16th speech at the Brookings Institute in Washington, Andrew Stern, SEIU President, attacked a Canadian style single payer health care system as irrelevant to the U.S. . . . John Horgan, a Boston area telephone worker, wrote [this] response to Stern." (All Unions Committee for Single Payer-HR 676 c/o Nurses Professional Organization via Physicians for a National Health Program) Text of Solicitation by Medicare Agency for High-Deductible Health Plan Products for Use With MSAs Excerpt: "The MA MSA demonstration design waives certain [Medicare Advantage Medical Savings Account] plan requirements under . . . the Social Security Act. This waiver will allow entities to offer products that more closely resemble high deductible health plans (HDHPs) that are offered with Health Savings Accounts to the non-Medicare population." (Department of Health and Human Services, Centers for Medicare & Medicaid Services) Links to Items on Executive Comp, Benefits in General Text of the 2006 Form 5500 and Instructions Excerpt: "[According to the press release, t]he modifications to the Form 5500 for plan year 2006 are described under 'Changes to Note' in the 2006 Instructions. Of particular importance, the Schedule P (Annual Return of Fiduciary of Employee Benefit Trust) is no longer required; the instructions for the Schedules H and I are updated to refer to EBSA's revised Voluntary Fiduciary Correction Program and companion exemption; new addresses for submitting late filing penalties...." (U.S. Department of Labor, Employee Benefits Security Administration) Newly Posted Events Challenges and Solutions for Mature ESOP Companies in Pennsylvania on September 26, 2006 presented by National Center for Employee Ownership ESOP Feasibility: Beyond the Basics in Minnesota on October 3, 2006 presented by National Center for Employee Ownership Rewards Risk Management: Hidden Accounting and Compliance Risks in Your Global Compensation Programs - Webcast Nationwide on August 2, 2006 presented by Deloitte Stock Option Backdating Nationwide on August 17, 2006 presented by National Center for Employee Ownership Newly Posted Press Releases Employer Cash Incentives for Hybrids Are Taxable (Internal Revenue Service (IRS)) Pension Bill Conferees Warned That House Provisions On Cash Balance Issues Do Not Protect Older Workers (Pension Rights Center) Aetna Introduces Vital Savings on Health: Industry-First Offering Combines Discounted Care with Debit Card Feature (Aetna) Three-Year Study Shows Consumer-Driven Health Plans Continue to Stimulate Positive Changes in Consumer Health Behavior (UnitedHealth Group) Health Coaching Best Practices Outlined in New White Paper from Leade Health (Leade Health) Former Senator John Breaux Launches Podcast on Health Care Reform From His Ceasefire on Health Care Campaign (Ceasefire on Health Care) Newly Posted or Renewed Job Openings Plan Administrator for Third Party Administration Firm in FL 401(k) Administrator - Analyst for The Pension Group, Inc. in CA Regional Vice President - NC, SC and VA for BISYS Retirement Services in NC, SC, VA Senior Plan Administrator for American National Insurance Company in TX Pension Plan Administrator for Qualified Plans, LLC in GA Benefits Coordinator for Montgomery County Government in MD Retirement Policy and Planning Specialist for University of California, Office of the President in CA Relationship Manager-Business Development Group for Transamerica in IL Implementation Project / Program Manager for Fidelity Investments in NC, NH Bookkeeper/Assistant Plan Administrator for RSM McGladrey Retirement Resources in MD Employee Benefits Tax Manager for Deloitte in NJ Design Analyst (Insurance/Benefits) for Clark Consulting in TX Handy Links:
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