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[Official Guidance]
Text of CMS Notice Regarding ERRP Application Deadline: 30-Day Clock to Start Ticking (PDF)
"This notice announces that CMS is exercising its authority under section 1102(f) of the Affordable Care Act to stop accepting applications for the Early Retiree Reinsurance Program, due to the availability of funds, as of [30 days from the date this notice is published in the Federal Register, scheduled for tomorrow, April 5]."
(U.S. Centers for Medicare & Medicaid Services via American Benefits Council)
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[Guidance Overview]
Transition Guidance Issued on Form W-2 Reporting for Health Care Costs (PDF)
"This guidance shall apply until further guidance is issued, and any additional guidance shall be prospective in nature (with at least 6 month lead time for system changes). This is an important first step in providing guidance in this area, and the IRS has left the door open for additional relief following comments on this Notice."
(Groom Law Group)
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State Health Care Reform Update, April 4, 2011
"For the last few years, states have been leading the way toward more comprehensive health care coverage to ensure that more people have or can obtain health insurance."
(Wolters Kluwer Law & Business)
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Senate Sets Vote on House-Passed Form 1099 Repeal Bill
"The underlying bill would kill the rules requiring businesses and landlords to issue a Form 1099 for payments to corporations for goods and services that exceed $600 per year to each vendor and pay for its nearly $25 bil.lion cost by making an adjustment to the premium assistance tax credits enacted in the 2010 health care law . . . ."
(Tax Management Inc.)
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A Shift Toward Smaller Health Insurance Networks
"Thousands of employers in California and nationwide are opting for 'narrow network' HMOs, which offer notable savings on insurance premiums but also offer fewer medical providers."
(Los Angeles Times)
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GOP Budget Plan Would Transform Medicare
"The plan would essentially end Medicare, which now pays most of the health-care bills for 48 mil.lion elderly and disabled Americans, as a program that directly pays those bills."
(The Wall Street Journal)
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[Opinion]
Employers Would Be Smart to Examine the Costs of Eldercare
"It has been proven that employees dealing with eldercare issues cost a business an additional 8%-11% in annual healthcare costs. Some examples of conditions brought on by caring for an ill parent or spouse are hypertension, depression, stress, obesity, immune suppression, etc."
(WGA InsureBlog)
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Benefits in General; Executive Compensation
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Academic Study Dispels Foolish Notions on Compensation
"Contrary to previous studies, which attempt to relate certain executive compensation practices to the creation of shareholder value, this work demonstrates beyond reproach the true elements of shareholder value creation."
(Michael S. Melbinger via Winston & Strawn LLP)
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Celebrate Financial Literacy Month
"April marks the beginning of Financial Literacy Month, a time during the year when we can all take a few minutes to brush up on our financial knowledge to make the most of our money."
(WISER)
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Press Releases
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