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May 28, 2008

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


Today's sponsor is BeneCom Associates, LLC

(Click on company name or banner to learn more.)
Banner ad for BeneCom Associates, LLC

Changes to your benefit plans can be confusing. Communicating them doesn’t have to be.

No matter how benefits-savvy your employees may be, benefit plan changes can be confusing to the most sophisticated consumer. That’s why companies large and small use BeneCom for their benefits communication. We make understanding benefit changes easy, so employees know exactly what you’re offering and how it will work for them. And while we’re at it, we’ll make your life a little easier, too.

[Guidance Overview] President Bush Signs the New Genetic Information Nondiscrimination Act into Law (PDF)
Excerpt: "In terms of a practical response to GINA, employers need to make adjustments to their policies and practices. Employers should . . . " (Dechert)


[Guidance Overview] Healthcare Activists Plan June 19th As National Day of Action Against Health Insurance Companies
Excerpt: "Seeking an end to the healthcare crisis that is destroying American lives and families, thousands of healthcare activists will descend on San Francisco and on cities around the country this June 19th as part of an unprecedented national day of protests against health insurance corporations -- and in support of guaranteed, single-payer healthcare, the 'Medicare for All' system succeeding in nearly every other industrialized democracy." (California Nurses Association (guest author))


[Guidance Overview] Genetic Information Nondiscrimination Act Becomes Law (PDF)
4 pages. Excerpt: "Under Title I, employer-sponsored group health plans and health insurers providing group health plan coverage are prohibited from restricting enrollment or adjusting premium or contribution amounts for the group on the basis of genetic information. They may not request, require or purchase genetic information prior to an individual's enrollment in the plan or request or require genetic testing of the individual or a family member for underwriting purposes. However, a plan or issuer that obtains such information incidental to the collection of other information prior to enrollment will not be in violation of the law as long as it is not used for underwriting purposes." (Buck Consultants)


Is The Obesity Epidemic a Public Health Problem? A Decade of Research on The Economics of Obesity
Excerpt: "The world-wide and ongoing rise in obesity has generated enormous popular interest and policy concern in developing countries, where it is rapidly becoming the major public health problem facing such nations. As a consequence, there has been a rapidly growing field of economic analysis of the causes and consequences of this phenomenon. This paper discusses some of the central themes of this decade long research program, aiming at synthesizing the different strands of the literature, and to point to future research that seems particularly productive." (National Bureau of Economic Research; Judge Richard Posner is a Co-Author)


[Opinion] BCBSA Commends Administration and Congress on Genetic Information Nondiscrimination Act
Excerpt: "Blue Cross and Blue Shield companies do not deny coverage to members based on their confidential genetic profiles, and we support protections on the use of such data. We are very pleased GINA encourages patients to obtain appropriate genetic testing to take advantage of prevention and effective treatment - rather than delay potentially life-saving care." (Blue Cross and Blue Shield Association)



Sponsored by: WorldatWork

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Banner ad for WorldatWork

WorldatWork publications in the BenefitsLink Bookstore

WorldatWork, a not-for-profit professional association, is a leading publisher of compensation, benefits and total rewards information. With a portfolio of books, reports, survey briefs, booklets and online learning programs, WorldatWork creates, markets and distributes publications that are critical to improved organizational performance. WorldatWork has contributed to the education and development of business professionals worldwide since 1955.

(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] California Supreme Court Opens the Door on Same-Sex Marriage
Excerpt: "In re Marriage Cases is unlikely to have broad implications for employers. In recent years, the California Legislature has enacted several statutes that collectively require both public and private employers to extend the same benefits to state-registered domestic partners as are provided to spouses, except employee benefit plans regulated by federal law, ERISA. These statutes remain in effect. The California Supreme Court decision does not affect ERISA benefits or the federal tax treatment of employment benefits because the federal Defense of Marriage Act (DOMA) limits marriage recognized under federal law to a legal union between one man and one woman." (Littler)


The New Job Sharers
Excerpt: "In addition to women seeking a greater measure of work/life balance, the most recent entrants to the ranks of job sharing include older workers phasing into retirement, Gen Y employees who don't want to work so hard, and disabled workers." (Workforce.com)


Calif. City in Bankrup.tcy May Be Model for Others
Excerpt: "Vallejo's day of financial reckoning arrived last week when it became California's largest city to declare bankrup.tcy." (International Herald Tribune)



[Opinion] The Trouble With Estoppel in ERISA Cases
Excerpt: "Every now and then an estoppel case pops up under ERISA, and the law is twisted and mangled to make it fit." (BNA Pension & Benefits Blog)



Newly Posted Events
(Post Yours!)

2007 Form 5500, Schedule A to SSA and Back Again Webcast
Nationwide on June 5, 2008
presented by HRTrainingCenter.com

403(b) Plan Workshop
Nationwide on July 15, 2008
presented by SunGard Relius

EGTRRA Pre-approved Plan Workshop
Nationwide on July 11, 2008
presented by SunGard Relius

Health Reform Forum: Does Portability Mean Affordability? - Webcast
Nationwide on May 29, 2009
presented by Kaiser Family Foundation



Newly Posted Press Releases
(Post Yours!)

Regional Directors Appointed In Two EBSA Offices
U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

GMP Private Client First In Canada Certified for Fiduciary Excellence
Centre for Fiduciary Excellence (CEFEX)

DailyAccess Corporation Is Certified To Industry Best Practices
Centre for Fiduciary Excellence (CEFEX)



We're one of the top 350 employment sites on the web!Newly Posted or Renewed Job Openings
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Pension Administrator
for Jordan & Andrews
in CA

Consulting/Marketing Manager
for Associated Pension Consultants
in CA

Retirement New Business Consultant
for Mutual of Omaha
in NE

Pension Administrator
for California Retirements Plans, Inc.
in CA

Defined Contribution Plan Administrator
for Destel-Bergen Corporation
in CA

Retirement Plan Account Manager
for Lockton Financial Advisors
in DC

Enroller, 401K
for ING, US Financial Services
in NY

Pension Administrator
for Fort Worth Texas TPA
in TX

401(k)/Plan Administrator
for Rapidly Growing Financial Services Company
in PA

Bilingual Benefit Educators for 401(k) & Health Plans
for Total Benefit Communications, LLC, An Ascensus Company
in AZ, CO, FL, MA, NV, PA, TN, TX

Account/Project Manager, Online Benefits Administration
for Cammack LaRhette Consulting
in NY




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