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DATAIR Cafeteria Plan Software (advert.)
PC-based systems for proposals, plan documents and administration of Flex Plans: FSA, DCAP, HRA, HSA and 132(f). DATAIR’s systems with the "Benny" Benefits Debit Card for automated processing and Internet inquiry makes this a profitable TPA service.
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Blurry Definitions and Nebulous Language Cloud Pharmacy Benefit Contracts
"[The president of Pharmacy Benefit Consultants] lambasts the inclusion of nebulous language in contracts that blurs the definitions of brand and generic drugs. In some cases, generics are defined as 'multiple-source drugs,' leaving single-source generics to be redefined by default as brand drugs. 'Unless you write a contract that has definitions that pin down brand and generic and specialty drugs, then spread sheeting with consultants to figure out your savings is a useless exercise,' . . . ."
(Atlantic Information Services, Inc.)
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Complete Benefits Law Guidance from Law Journal Press (advert.)
The nation's workforce and health care system are constantly evolving and so are the legal issues. Law Journal Press helps you handle any benefits law question with up-to-date, authoritative books on all aspects of the field.
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Pharmacists Fight the Rise of Mail Order for Long-Term Prescriptions
"Community pharmacists in New York are lobbying state lawmakers to pass legislation that would prevent health plans from requiring patients taking medications for chronic ailments to fill their prescriptions through the mail."
(The New York Times; free registration required)
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Top Companies Push Programs to Help Women in the Workplace
"Like many companies, PwC offers its employees job share options, sabbaticals (during which employees retain benefits) and flex-time schedules, which allow employees to scale back their hours by as much as 60 percent."
(ABC News Internet Ventures)
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New Site for Consumers on the Health Care Law
"The new site, called healthcareandyou.org, is intended to steer clear of the heated politics behind the legislation and focus instead on what the plan means for consumers."
(The New York Times; free registration required)
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[Opinion]
Fixing America's Health Care Reimbursement System
"Much responsibility for America's inequitable health care payment system and its cost crisis is embedded in the informal but symbiotic relationship between the Centers for Medicare and Medicaid Services and the American Medical Association's Relative Value System Update Committee -- also known as the RUC."
(Henry J. Kaiser Family Foundation)
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Benefits in General; Executive Compensation
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Bill Gates Says Benefits Costs Hit Schools
"Mr. Gates in an interview said he will use a high-profile conference Thursday in Long Beach, Calif., to urge that more attention be paid to how states calculate their employee-pension funding and health-care obligations."
(The Wall Street Journal)
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GOP Aims to Tame Benefits Programs
"House Speaker John Boehner said Thursday that he's determined to offer a budget this spring that curbs Social Security and Medicare, despite the political risks, and that Republicans will try to persuade voters that sacrifices are needed."
(The Wall Street Journal)
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Benefits Issues to Watch in 112th Congress
"Oversight of the Pension Benefit Guaranty Corporation (PBGC) may receive legislative attention. The HELP Committee held a hearing 'PBGC: Is Stronger Management and Oversight Needed?' in December 2010."
(Towers Watson)
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ERISA Law Firm Reish & Reicher to Close March 15
"The partners in the employee benefits practices -- C. Frederick Reish, Leland J. Reicher, Bruce L Ashton, Mark Terman, Michael A. Vanic, Joseph C. Faucher and Pascal Benyamini -- plan to join law firm Drinker Biddle & Reath, along with five other R&R attorneys, on March 16, the statement said."
(Pensions & Investments; free registration required)
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Press Releases
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