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May 15, 2008

Here are the Web's best new links about compliance and cost aspects of plan operation, design and policy.


Today's sponsor is Employee Benefits Institute of America (EBIA)

(Click on company name or banner to learn more.)
Banner ad for Employee Benefits Institute of America (EBIA)

EBIA's Form 5500 Workbook for Health & Welfare Plans

Let EBIA be your trusted resource to help you properly complete and file all your health & welfare plan Form 5500s for 2007 plan years. Form 5500 Workbook for Health & Welfare Plans (2007 Plan Years) is a user-friendly, spiral-bound workbook that focuses exclusively on health & welfare plans and covers the 2007 Form 5500 requirements from A to Z. Order your copy today!

New Jersey Enacts Paid Family Leave Requirement on Employers
Excerpt: "New Jersey Gov. Jon Corzine (D) said his near-fatal car accident last year changed the way he thought about several state policy priorities. Paid family leave was one of them." (StateLine.org)


Rising Health Care Costs Lead Workers to Delay Retirement
Excerpt: "Older men who expect high health care costs for themselves or their spouses after age 65 retire about 13 months later than those who expect low costs. The difference for women is 12 months. For those receiving health insurance from their employers, continued work reduces the risk of high out-of-pocket health care costs. Working longer also increases retirement incomes, making health care costs more affordable." (Urban Institute)


Biologic Therapy Management: The Need For Value-Based Health Benefits Models (PDF)
48 pages. Excerpt: "The emergence of biologic therapies [also known as biopharma.ceuticals and specialty drugs] is straining traditional models of health insurance and health care financing . . . . For payers and purchasers, the cost of biologics is provoking benefit design changes that include significant cost shifting to patients and attempts to control or limit the cost of these therapeutics to the plan or plan sponsor." (Managed Care)


Towers Perrin U.S. Legislative Tracking Chart — Human Resources (PDF)
Excerpt: "These charts summarize selected federal legislation that would affect employer benefit programs. The bills included on the charts are based on judgments regarding the prominence of the issue, the likelihood of enactment, and the influence of the sponsors." (Towers Perrin)


Towers Perrin U.S. Legislative Tracking Chart — Health and Welfare (PDF)
Excerpt: "These charts summarize selected federal legislation that would affect employer benefit programs. The bills included on the charts are based on judgments regarding the prominence of the issue, the likelihood of enactment, and the influence of the sponsors." (Towers Perrin)


[Opinion] Building Blocks for Reform: Achieving Universal Coverage with Private and Public Group Health Insurance
Excerpt: "In their study, 'Building Blocks for Reform: Achieving Universal Coverage with Private and Public Group Health Insurance' (Health Affairs, May/June 2008), The Commonwealth Fund's Cathy Schoen, Karen Davis, and Sara R. Collins present a new health reform framework, built on the current U.S. mixed private–public system, that 'provides a pathway to universal coverage with a minimal increase in total national spending and relatively modest net federal budget costs.'" (The Commonwealth Fund)



Sponsored by: ALM

(Click on company name or banner to learn more.)
Banner ad for ALM

Complete Benefits Law Guidance from Law Journal Press

The nation's workforce and health care system are constantly evolving and so are the legal issues. Law Journal Press helps you handle any benefits law question with up-to-date, authoritative books on all aspects of the field. Get legal and practical advice from leading experts on everything from COBRA to ERISA, "contingent" employees to family and medical leave, and more. Browse our product listings for detailed information and special offers.

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

Links to Items on Executive Comp, Benefits in General

[Guidance Overview] Worker Misclassification Investigations Gain Momentum
Excerpt: "Undoubtedly, some industries are both more prone to misclassify workers and more vulnerable to challenge due to the nature of the work involved. Construction, transportation and even the medical profession have proven at risk on the issue." (Attorney Roy F Harmon III in the Health Plan Law blog)




Newly Posted Events
(Post Yours!)

401(k) Fee Disclosure and Pending Governmental Mandates Seminar
in Idaho on June 4, 2008
presented by The ERISA Law Group, P.A.

An Employer's Guide to Medicare
in Minnesota on June 5, 2008
presented by Employers Association, Inc.

COBRA II: Administration
in Minnesota on June 3, 2008
presented by Employers Association, Inc.

Continuation Coverage: COBRA and the Minnesota Continuation Law
in Minnesota on May 29, 2008
presented by Employers Association, Inc.

ERISA Fiduciary Responsibility Update for Plan Fiduciaries, Employers & Administrators - Webcast
Nationwide on June 3, 2008
presented by ALI-ABA (American Law Institute-American Bar Association)



Newly Posted Press Releases
(Post Yours!)

U.S. Labor Department Secures Retirement Plan Assets for Employees of Former Michigan Air Control Distributing Company in Grand Rapids, Michigan
U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

New York Life Retirement Plan Services Appoints New Southeast VP of Sales
New York Life Investment Management

New Operations VP at Strategic HR
Strategic HR

Paperless FSA Administration
Benefit Concepts



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Pension Administrator
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OmniPlus Consultants
for Szymborski Sharpless & Co, PC.
in ANY STATE

Client Relationship Manager
for AMCORE Bank
in IL

401(k) Plan Administrator
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in GA

Retirement Plan Administrator
for JM Pension Advisory, Inc.
in MD

Plan Administrator
for The Allocation Company, Inc.
in ANY STATE, LA, TX

Actuarial Analyst
for Transamerica Retirement Services
in CA

Defined Benefit Pension Plan Administrator
for The Angell Pension Group, Inc.
in ANY STATE

Registered Financial Associate
for A.G. Edwards
in CA




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