Ad campaigns can be expensive, but benefit statements from BeneCom are one of the least expensive promotional products available. They show employees the great value benefits provide – value that's often forgotten in today's uncertain environment. So, start promoting your benefits today. Let your "customers" see the value they bring. Discover BeneCom's impact on your benefits, not your budget.
For more information visit our site or call (860) 674-2626, Ext. 2001
Can Genetic Information Be Used to Adjust Health Insurance Premiums?
Excerpt: "No. The Genetic Information Nondiscrimination Act of 2008 (GINA) prohibits a group health plan from adjusting group premium or contribution amounts for a group of similarly situated individuals based on the genetic information of members of the group."
The 2007-09 Recession and Health Insurance Coverage
Excerpt: "Throughout the past decade, even in good economic times, the number of Americans with employer-sponsored insurance has fallen, and the number of uninsured Americans has increased. This finding underscores the importance of planned coverage expansions under the Affordable Care Act."
Realizing Health Reform's Potential: Adults Ages 50-64 and the Affordable Care Act of 2010
Excerpt: "Several early provisions that go into effect in 2010, including preexisting condition insurance plans, will provide transitional assistance for adults who have struggled to gain health insurance. The biggest improvements will come in 2014 through a significant expansion in eligibility for Medicaid and the creation of health insurance exchanges with subsidized private insurance for people with low and moderate incomes."
(The Commonwealth Fund)
New Study Finds Health Law Will Aid Those Close to Retirement Age
Excerpt: "Roughly 8.2 mil.lion of the 8.6 mil.lion uninsured between the ages of 50 to 64 will gain access to health coverage in 2014 under the health care overhaul, according to an analysis unveiled by the Commonwealth Fund . . . ."
(Henry J. Kaiser Family Foundation)
Who Might Respond to Financial Incentives That Use Lower Cost Sharing to Change Health Care Services Use Behavior? (PDF)
Pages 13-18 of 20 pages. Excerpt: "This article examines whether health care consumers would be interested in, or might find useful, financial incentives that are aimed at changing an individual's health behavior. Understanding how individuals respond to financial incentives in their health coverage is crucial to the design of plans that are effective in steering them to high-quality, cost-effective providers. Data for this article are from the EBRI/MGA 2010 Health Confidence Survey."
(Employee Benefit Research Institute)
Accountable Care Organizations: Applying 20th Century Laws to 21st Century Ideas
Excerpt: "There is certainly plenty of information and speculation available about ACOs, one of the most talked-about ideas in years. Questions remain about the extent of the financial and legal parameters that will emerge. It would not be the first time that a great idea was handicapped by overly restrictive oversight."
(Pepper Hamilton LLP)
Constitutional Challenges to Health Care Reform Gain Traction with Courts
Excerpt: "The primary issue in Virginia v. Sibelius and in similar challenges is whether the individual mandate is within Congress's authority under the Commerce Clause. The Act's opponents argue that, although even the most minimum conduct affecting interstate commerce has been held to be within this authority, some sort of positive 'activity' has always been required. Not buying insurance arguably involves no activity, and opponents contend that Congress has never before sought to impose regulations on people for doing nothing."
(Dorsey & Whitney LLP)
Health Savings Account Answer Book answers over 600 questions in a format that's quick and easy to use. It tells you virtually everything you have to know to profit from HSAs - from how they work, what they offer participants, and how they can benefit employers to helping you determine how well they will fit your company or clients. It answers key questions on all aspects of HSA establishment, administration, and compliance - including rules and penalties, medical coverage, contributions and deductions, distributions, rollovers and transfers, and more.
Benefits in General; Executive Compensation
Business Owner Market Study: Priorities vs. Plans (PDF)
14 pages. Excerpt: "The survey found that business owners' stated priorities often don't match the benefits they actually possess for the business or themselves, or those they offer to their employees."
(Principal Financial Services, Inc.)
Alternatives to Company Holiday Parties This Season
Excerpt: "[One organization] compiled a Top Ten list of budget-friendly activities that HR professionals can use to acknowledge staff productivity and promote employee satisfaction this holiday season. The list includes events such as providing free, in-house flu shots, organizing a food drive for a local charity and instituting something called 'holiday half-days.'"
(Human Resource Executive Online)
Employee Tenure Trend Lines, 1983-2010 (PDF)
Pages 2-12 of 20 pages. Excerpt: "The tenure results presented in this report indicate that, historically, most workers have repeatedly changed jobs during their working careers, and all evidence suggests that they will continue to do so in the future. This has major implications for pensions (which do not reward short-tenure workers), lump-sum distributions from 401(k) plans (which can put workers' retirement savings at risk), and public policy[.]"
(Employee Benefit Research Institute)
The Moral Case for Unions — Protecting Working Families from Exploitation — Does Not Apply to Public Employment
Excerpt: "Federal employees receive an average of $123,049 annually in pay and benefits, twice the average of the private sector. And across the country, at every level of government, the pattern is the same: Unionized public employees are making more money, receiving more generous benefits, and enjoying greater job security than the working families forced to pay for it with ever-higher taxes, deficits and debt."
(Tim Pawlenty via The Wall Street Journal)
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