Are you looking for an economical way to distribute your summary plan descriptions? Then go online with BeneCom’s WebSPD! WebSPD is your affordable approach to giving employees the information they need when they need it 24/7, and without incurring costly print expenses.
For more information call (860) 674-2626, Ext. 2001 or visit our site, click Solutions then SPDs for a brief demo.
Providing the Department of Labor Model CHIP Notice
Excerpt: "The Notice may be provided by first-class mail, or it may be provided electronically to the extent the criteria of the Department's electronic disclosure safe harbor at 29 CFR 2520.104b-1(c) are satisfied."
(Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C.)
BlueCross BlueShield of Texas' Blueprint for Denying Health Policies
Excerpt: "The people who most urgently need health reform are those who aspire to join the ['nongroup market', but can't, either because no nongroup insurer will take them or because any nongroup insurer that will take them has priced its policy sky-high to offset some medical risk or another. Neither wealthy enough to pay for nongroup insurance nor poor enough to qualify for Medicaid, these spurned customers end up among the 15 percent of Americans who receive no health insurance at all."
The Costs to American Workers of Staying Home Sick
Excerpt: "The New York Times' Economix has a post by economist Nancy Folbre today on the costs of not having sick leave. . . . According to Folbre: 'The United States stands out as one of the few rich nations in the world that doesn't mandate any form of paid sick leave. About 40 percent of private-sector workers lack coverage from their employer. This means they will lose pay and even risk losing their jobs if they call in sick.'"
(Workplace Prof Blog)
Ten Small-Scale Health Insurance Reforms for Pre-Existing Conditions
Excerpt: "In a reformed health care system, the chronically ill - along with their doctors, employers and insurers - should find lower-cost, higher-quality, more-accessible care in their economic self-interest. [Instead of suppressing the price system, [here] are 10 ways of dealing with this problem that make greater use of it.]"
(National Center for Policy Analysis)
The GINA's Out of the Bottle--And It's a New Weapon in the Work-Family Arsenal
Excerpt: "The key to GINA's applicability to work-family and caregiver scenarios is its definition of 'genetic information,' which includes 'the genetic tests of family members [of the employee]' and 'the manifestation of a disease or disorder in family members [of the employee].' 'Family member,' in turn, is defined as 'a dependent as used for purposes of ERISA,' and up to a fourth-degree relative (i.e., great-great grandparents and all cousins, aunts, and uncles in between). Notably, the scope includes adoptive children and parents, whose genes are entirely unrelated to the employees'."
(Delaware Employment Law Blog)
Advertise your company's products and services right here in the
Our subscribers care about employee benefit plan compliance, administration, costs and design. Roles include in-house benefits directors and administrators, TPAs, consultants, attorneys, trust officers, auditors and investment managers.
Your ad will show both your banner and a paragraph of
text -- more exposure than you'll find anywhere else. And,
of course, a clickable link to any page on your web site.
Call Mary Hall for details at 262-797-6380, or reach her at firstname.lastname@example.org
Executive Compensation; Benefits in General
New Rules Effective in 2010 for Employee Stock Purchase Plans
Excerpt: "If the employer arranges for shares purchased under the ESPP to be transferred to a brokerage account established for the participants, the transfer of the legal title of the shares directly to a broker or financial institution is treated as a transfer that triggers the reporting obligations. However, if the employer issues stock certificates to participants upon the exercise of ESPP options, or if shares are registered in the participants' name and the employer holds those shares for participants in book entry form, then the initial transfer of shares does not occur until the participant's subsequent legal transfer of title."
(Sherman & Howard L.L.C.)
Podcast:: Survey Looks at Diversity of Offerings, Education Issues for Stock Ownership Plans
Excerpt: "What role do stock plan benefits play in total rewards for non-executive employees? Ellen Lodwick of Mercer's Information Research Center reports findings from a recent survey of 200 very large public companies that reveals motivations for adopting stock plans, the types of plans commonly adopted, and how well employers are doing when it comes to educating employees about plan benefits and features."
(HRadio via Mercer LLC)
Webcasts and Conferences
Newly Posted Employee Benefits Jobs
Subscribe to the BenefitsLink Retirement Plans Newsletter, Too!
Sign-up form is at https://benefitslink.com/newsletter (free).
This email has been published by:
1298 Minnesota Avenue, Suite H
Winter Park FL 32789
Fax: (407) 644-2151
Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Copyright 2010 BenefitsLink.com, Inc.; except that you can
forward this email in full (including this boilerplate part) or
otherwise reprint this email in full (including this boilerplate
part) without obtaining our permission.
Anyone can receive these emails; just have them sign up
at this web page: https://benefitslink.com/newsletter/
Other useful links: