No matter how benefits-savvy your employees may be, today’s health care environment can confuse the most sophisticated consumer. That’s why companies large and small use BeneCom for their benefits communication. We know benefits and we understand what employees need to know to make them work – for themselves and for you. And while we’re at it, we make your life a little easier, too.
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GAO Study Finds CDHP Enrollees Healthier Than Those in Other Health Plans
Excerpt: "A new Government Accountability Office . . . study of two large employers, one public and one private, finds that enrollees in consumer-driven health plans . . . with a health reimbursement arrangement (HRA) are healthier than employees who remain in traditional health plans."
Groups Seek Swift Clarification on Health Care Reform's Adult Child Coverage Mandate
Excerpt: "The American Benefits Council and the HR Policy Association urged regulators to define 'adult child' consistent with current tax law, to give employers flexibility to cover additional classes of dependents, such as grandchildren, without adhering to the mandates that apply to adult children. The groups also want plans to be able to charge higher premiums to cover adult children."
Most Health Plans to Lose Grandfathered Status, Survey Says
Excerpt: "Ninety percent of employers expect their health care plans to lose their grandfathered status by 2014 under the health care reform law because of changes they expect to make, according to a survey . . . . "
(Workforce Management; free registration required)
Insurer Mounts Offensive And Defensive Strategies on Health Law
Excerpt: "In the increasingly tense wrangling between the insurance industry and state regulators over the definition of what spending can qualify as medical care under the new health law, one of the loudest lobbying voices is a relatively small player: Cigna Corp. "
(Kaiser Health News)
Filling in the Insurance Gap for Adult Children
Excerpt: "[M]any health plans limit coverage of college-age children for a variety of reasons, including age, whether they live at home and whether they are financially dependent. For families with those plans, the choices are more difficult. And the health care law has added wrinkles to an already complicated decision."
(The New York Times; free registration required)
The New Health Care Law and Early Retirees
Excerpt: "I am age 58 and retired. I understand the new reform law helps employers offer health care coverage to their early retirees. What do I need to do to get this coverage?"
Benefits in General; Executive Compensation
What Effect Will DOMA Cases Have on Benefit Plans?
Excerpt: "Although numerous federal laws are affected by the definition of a spouse, of particular note are those statutes affecting surviving spousal benefits, spousal consent requirements, qualified domestic relations orders, COBRA, flexible spending accounts, and taxation of medical benefits."
(BNA Federal Tax Blogs)
Employee Ownership Update for August 16, 2010
NCEO Executive Director Corey Rosen discusses the following: A survey found a large drop in employee engagement, an important predictor of corporate success. The NCEO is getting more calls from people seeking ESOP distributions or equity rights they were promised. The UK has started privatizing public services. The NCEO now has a list of ESOP companies available. The NCEO seeks input on the site for its 2013 conference and is cosponsoring the Ownership Thinking conference.
(National Center for Employee Ownership)
Mr. President, It's Time to Climb the Social Security Actuarial Learning Curve
Excerpt: "The Democratic doctrine requires doing everything possible to preserve Social Security in its current form. That includes using sentimental rhetoric to trumpet good news while obscuring any bad news, such as acknowledging that this year the vaunted program will pay out more than it takes in. The Republican doctrine requires not lifting a finger to get in the way of Democrats' preservation effort."
(Amity Shlaes via Bloomberg.com)
Webcasts and Conferences
Newly Posted Employee Benefits Jobs
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