This new book will help benefits professionals and plan sponsors make a smooth transition under the health care reform legislation enacted in March 2010. The unique guide offers answers to more than 500 questions that benefits professionals are asking. Get the information you need to implement the reform mandates! Learn More.
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[Official Guidance]
Notice of Hearings: Reasonable Contracts or Arrangements for Welfare Benefit Plans (PDF)
2 pages. Excerpt: "Notice is hereby given that the [EBSA] will hold a hearing to consider issues relating to the disclosure of fee, conflict of interest and other information by service providers to group health, disability, severance and other employee welfare benefit plans under section 408(b)(2) of [ERISA]."
(U.S. Employee Benefits Security Administration)
DOL Schedules Welfare Plan Disclosure Hearing
Excerpt: "Those interested in presenting testimony and answering questions at the hearing must submit, by 3:30 p.m. (EST) November. 17, 2010, the information specified in the notice."
(PLANSPONSOR.com)
The Effect of Health Care Reform Legislation on Prescription Drug Prices (PDF)
Excerpt: "Given the intricacy of the mechanisms for setting drug prices and the numerous features of the health care legislation that affected those prices, CBO's estimates of the effects of the legislation on drug prices were necessarily uncertain. The actual effects could be larger or smaller than CBO estimated."
(U.S. Congressional Budget Office)
New Form Required for Early Retiree Health Reimbursement
Excerpt: "Organizations that haven't yet applied to participate in a government program that will provide partial reimbursement of claims incurred by enrollees in their early retiree health care plans will have to use a new application form starting next week . . . ."
(Business Insurance)
CT Scans Cut Lung Cancer Deaths, Study Finds
Excerpt: "Annual CT scans of current and former heavy smokers reduced their risk of death from lung cancer by 20 percent . . . . Even more surprising, the scans seem to reduce the risks of death from other causes as well . . . ."
(The New York Times; free registration required)
Fighting Cold and Flu Season in the Workplace
Excerpt: "Better Business Bureau recommends that business owners take a few simple steps to prevent illnesses from spreading and promote productivity throughout the workplace."
(Council of Better Business Bureaus, Inc.)
As Companies Roll Out Benefits, There's No Free Lunch
Excerpt: "Employers estimate that the additional coverage will add about 2 percent to costs, on top of the general rise in healthcare spending. Depending on the company (and the survey), premiums are rising around 8 percent next year."
(Star-Telegram.com)
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Benefits in General; Executive Compensation
Congressional Bills Intended to Clarify Independent Contractor Status Would Instead Create Confusion for Employers
Excerpt: "The need for federal legislation in the area of misclassification is hard to argue against. The one witness that testified in a critical manner about EMPA at the Senate hearing this past June did not suggest that federal legislation is not needed. Rather, he criticized the size of the proposed penalties for misclassification, the nature of the record-keeping requirements, the language of the proposed notice to be given to all workers, and the potential that the anti-retaliation provision could reward unethical conduct."
(Pepper Hamilton LLP)
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