P&I Retirement Plan Connections Online Conference - Thursday, January 27
Connect with leading industry experts, your colleagues & solutions providers without leaving your desk. In straightforward language, this online conference will provide time-tested strategies from experts & your peers. Whether your objective is to build your business & best help your clients, or make prudent decisions for your plan participants, this conference will provide the answers you need. Register today FREE of charge.
Health Care Reform After 2011 (PDF)
6 pages. Excerpt: "This update summarizes the current provisions of the Reform Legislation that become effective after 2011. Employers should keep these requirements in mind as they make plan design decisions over the next several years."
Fiduciary Duties Not Implicated In Managed Care Rate Negotiations
Excerpt: "This unpublished Sixth Circuit opinion spotlights a business practice that rarely gets such close scrutiny. A Blue Cross subsidiary failed to meet its profitability numbers which inspired the idea to lower its reimbursement rates."
(Roy Harmon III via Health Plan Law)
America Under the Affordable Care Act
Excerpt: "Using the Urban Institute's Health Insurance Policy Simulation Model . . ., the authors estimate how the Patient Protection and Affordable Care Act would affect health insurance coverage and spending on acute care for the nonelderly."
Important Health Benefit Administration Dates to Remember
Excerpt: "[This] checklist provides insurance agents/brokers, employers and benefits and payroll professionals a checklist of key upcoming dates and deadlines related to health benefits. This reminder list does not constitute all of the deadlines applicable to employers and some deadlines may be different based on variations in plan year or plan design."
FSA Plans Ease the Pain of Health Care Costs
Excerpt: "Health care costs are not going away. One simple option employees have to pay for these costs on a pre-tax basis is through an employer-sponsored Health Flexible Spending Account (FSA). Employers get in on the savings, too. While this option may be simple, the administration is far from easy."
Text of DOL Amicus Brief in Support of Plaintiff in Health Plan Fiduciary Breach Damages Case
Excerpt: "In explaining why affording Ms. Kenseth such remedy in the circumstances of this case is both good law and good policy, the Secretary, as amicus curiae, seeks to assure that ERISA continues to provide remedies commensurate with the rights it confers on plan participants who have been wronged by a plan fiduciary's breach of fiduciary duty.'
(U.S. Department of Labor)
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Benefits in General; Executive Compensation
Text of Brief of Secretary of Labor As Amicus Curiae Supporting Appellants In re: 1POINT SOLUTION, LLC
Excerpt: "Statement Of The Issues: Whether a bankrup.tcy trustee, who also is an ERISA fiduciary, has standing to bring an ERISA action on behalf of plan participants against a former fiduciary of an employee benefit plan. Whether the defense of in pari delicto can be asserted against an innocent ERISA fiduciary seeking to remedy a fiduciary breach caused by the defendant fiduciary."
(U.S. Department of Labor)
Executives Keep Health Perks As Workers' Benefits Dwindle
Excerpt: "Hundreds of top corporate managers get medical benefits and supplemental coverage far beyond what's offered to rank-and-file employees. Benefits include 'executive' physicals and reimbursements for out-of-pocket costs, deductibles and co-payments, according to corporate filings."
Florida Lawmakers Weigh Changing State Employee Health and Pension Accounts
Excerpt: "Scaling back benefits for current employees working in state agencies, city and county governments and school districts, along with the powerful unions that represent them, will be a 'complex, heavy lift,' . . . . Florida's health insurance trust fund is facing a $275 mil.lion deficit next year, and another $583 mil.lion shortfall in 2014, while the state employee pension account faces an unfunded liability estimated at $304 mil.lion this year."
(The Miami Herald)
Webcasts and Conferences
COBRA Compliance Seminar
in California on January 25, 2011
U.S. Department of Labor, Employee Benefits Security Administration (EBSA)
Newly Posted Employee Benefits Jobs
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