BenefitsLink Health & Welfare Plans Newsletter
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[Guidance Overview]
California Employers Face Corrective Reporting for 2010
"Now California employers who offered overage dependent coverage in 2010 and properly tracked imputed state income have to amend 2010 state payroll tax returns retroactive to the date the employer first permitted overage dependent coverage."
(E Is for ERISA)
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[Guidance Overview]
Early Retiree Reinsurance Program Will Not Accept Applications After May 5, 2011
"According to the notice, the decision to stop accepting applications is based on the funds remaining and the rate at which they have been disbursed, not on the actual amounts requested in pending applications. Consequently, HHS leaves open the possibility that it may decide to accept applications again if the availability of funds changes."
(Thomson Reuters/EBIA)
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[Guidance Overview]
Agency FAQs on Grandfathered Health Plans Address Permitted Plan Changes
"Employers who, for either insurance market reasons or business reasons, wish to cut back on the number of benefit packages offered to employees will welcome the flexibility afforded in Q/A-1, which will make transfer of employees to the remaining plans possible in many circumstances without loss of grandfathered status."
(Thomson Reuters/EBIA)
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Medicare's Drug Coverage Gap to Shrink Away Under Health Care Reform
"Starting this year, Medicare Part D's widely despised 'donut hole' -- the gap in drug cost coverage enrollees encounter when they reach a certain spending threshold -- will start to disappear, one result of the health care reform package enacted last year, experts say."
(Bloomberg BusinessWeek)
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Benefits in General; Executive Compensation
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Calculating Executive Pay Figures
"To measure the amounts that executives were paid last year, Sunday Business asked Equilar, an executive compensation data company, to compile and analyze pay data from corporate filings."
(The New York Times; free registration required)
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[Opinion]
Enriching a Few ( Executives) at the Expense of Many (Shareholders)
"SOME people say it doesn't really matter how much companies pay their executives, at least as far as the shareholders are concerned. Whether investors prosper depends on the executives' management skill, not on penny-ante items like pay, this argument goes."
(The New York Times; free registration required)
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Press Releases
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Employee Benefits Jobs
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Webcasts and Conferences
"401(k) Plan Current Issues Workshop" - Bloomington
in Illinois
on May 18, 2011
presented by SunGard Relius
"401(k) Plan Current Issues Workshop" - Cincinnati
in Ohio
on May 18, 2011
presented by SunGard Relius
"Form 5500/EFAST 2 Workshop" - Bloomington
in Illinois
on May 17, 2011
presented by SunGard Relius
"Form 5500/EFAST 2 Workshop" - Cincinnati
in Ohio
on May 17, 2011
presented by SunGard Relius
Choosing a Retirement Solution for Your Small Business Workshop
in Kansas
on June 14, 2011
presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)
Florida West Coast Employee Benefits Council Annual Educational Workshop
in Florida
on April 27, 2011
presented by Florida West Coast Employee Benefits Council
Free Webinar: New ERISA Disclosure Contracts Are Coming: What You Need to Know and Do
Nationwide
on May 5, 2011
presented by University Conference Services
HIPAA and Other Health Benefits Laws: Compliance Assistance Seminar
in Texas
on May 17, 2011
presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)
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BenefitsLink.com, Inc.
1298 Minnesota Avenue, Suite H
Winter Park FL 32789
(407) 644-4146
Fax: (407) 644-2151
Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
dbaker@benefitslink.com
Copyright 2011 BenefitsLink.com, Inc., but feel free to forward this newsletter in its entirety.
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