Health & Welfare Plans Newsletter |
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| July 30, 2009 \ Compliance \ Costs \ Administration \ Design \ Policy | ||
International Foundation of Employee Benefit Plans (Advert.)
What Rick Wellner, CEBS, says about International Foundation membership: "We became members of the Foundation because of our commitment to the Foundation’s educational content. We leverage our membership in many ways: We use the library for research, the Certificate Series for training, CEBS classes to credential our folks and E-learning courses to get our associates up and running quickly. If there is any kind of article or research in the employee benefits field, we know where to go to get it. You really need to be part of the Foundation if you’re in the employee benefit market." |
[Guidance Overview]
District Court Requires Formal Inquiry Before ERISA Section 510 Retaliation Claim
Excerpt: "I disagree with the outcome of this case, especially given the procedural posture of a motion to dismiss. ERISA's primary purpose is to protect the employee benefits of employees. That protection includes protecting employees when they complain about how their benefits are being administered. I agree with the Ninth Circuit's take on the issue of internal complaints under ERISA . . . ." (Workplace Prof Blog)
Employer-Sponsored Single, Employee-Plus-One, and Family Health Insurance Coverage: Selection and Cost, 2008 (PDF)
7 pages. Excerpt: "Health insurance provided by employers is a key source of coverage for both employees and their families. In 2008, half of private sector employees enrolled in employer-sponsored health insurance took single, self-only coverage and half took non-single coverage (a plan covering the employee and at least one other family member). According to the Insurance Component of the Medical Expenditure Panel Survey (MEPS-IC), those employees with non-single coverage contributed both a larger dollar amount and a larger percentage of the total premium for their coverage than did employees with single coverage." (U.S. Agency for Healthcare Research and Quality)
Access to Medical Care Benefits: Private Industry vs. State and Local Government
Excerpt: "In March 2009, medical care benefits were available to 71 percent of private industry workers, compared with 88 percent among State and local government workers." (U.S. Bureau of Labor Statistics)
University Conference Services (Advert.)
What’s Your Next Move? Managing your organization’s health and welfare plans can seem like a game of chess. You always want to be one move ahead of your "opponent"—cost increases that outpace inflation, employees who ignore the principles of good nutrition and healthy living, or regulators who impose ever more complicated rules. The Las Vegas Health and Welfare Plan Management for Mid-Sized Employers conference, September 13–16, is an unmatched educational opportunity to evaluate your health care programs and create a winning strategy for keeping costs under control. |
Links to Items on Executive Comp, Benefits in General
[Guidance Overview]
House Financial Services Committee Passes Barney Frank's Bill on Executive Compensation
Excerpt: "[On July 28], the House Financial Services Committee passed a mark-up of Barney Frank's H.R. 3269. The provisions of this bill are not limited to financial institutions. The changes were relatively minor, but very surprising. What follows is a description of the entire legislation that will now go to the full House." (Michael Melbinger via Winston & Strawn LLP)
[Guidance Overview]
SEC's Proposed Amendments to Compensation and Corporate Governance Disclosures and Proxy Solicitation Rules (PDF)
3 pages. Excerpt: "On July 10, 2009, the Securities and Exchange Commission (SEC) proposed amendments to compensation and corporate governance disclosure rules applicable to proxy statements. You can find the text of the proposed amendments at http://www.sec.gov/rules/proposed/2009/33-9052.pdf. Comments to the SEC on the proposed amendments are due on September 15, 2009. The proposed amendments fall in the following five categories . . . ." (Thompson Hine LLP)
House Financial Services Committee Passes Executive Compensation Measure
Excerpt: "The U.S. House's Financial Services Committee . . . approved legislation to put an end to 'compensation practices that encourage executives to take excessive risk at the expense of their companies, shareholders, employees, and ultimately the American taxpayer.' Specifically, according to a Committee statement, H.R. 3269 would give shareholders a 'say on pay' for top executives and ensure that they have a nonbinding, advisory vote on their company's pay practices. In addition, the bill would require federal regulators to proscribe inappropriate or imprudently risky compensation practices as part of solvency regulation of all financial institutions." (PLANSPONSOR.com; free registration required)
Press Releases
Study Reveals Many Business Owners Have No Plan for RetirementPrincipal Financial Group
Employee Cost Sharing Rises Dramatically in Prescription Drug Plans, According to Buck Consultants Survey
Buck Consultants, an ACS Company
Poverty Risk Six Times Greater for Older Americans Lacking Pensions
National Institute on Retirement Security
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Employee Benefits Jobs
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EmployeeBenefitsJobs.com (Sponsor)
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Handy Links:
- View Today's Active Message Threads
- Using the Web for Employee Benefits Research (hypertext article)
- Employee Benefits Library
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