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June 21, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

[Official Guidance]
Fact Sheet: Annual Limits Policy Waivers Process
"On June 17, 2011, the Centers for Medicare & Medicaid Services (CMS) introduced a process for plans that have already received waivers and want to renew those waivers for plan or policy years beginning before January 1, 2014." (Centers for Medicare & Medicaid Services)


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[Guidance Overview]
Dad Claims He Was Terminated After Taking FMLA Leave
"This type of litigation is a bit of a wake up call for employers, since we rarely have seen a working dad wage an FMLA retaliation claim under these circumstances. However, might more like it lie ahead?" (Franczek Radelet P.C.)

[Guidance Overview]
Revised Waiver from Minimum Annual Limit Requirements Contained in Affordable Care Act
"The new HHS guidance [at] http://cciio.cms.gov/resources/files/06162011_annual_limit_guidance_2011-2012_final.pdf contains important information and new deadlines for recipients and prospective recipients of annual limit waivers under the Act." (Proskauer Rose LLP)

Health Care Annual Limit Waiver Program Closing Early
"[Insurance experts have advised the Health and Human Services department that oversees the health care law] that most plans that needed waivers probably already applied for them this year. For that reason, the effects of ending the program early would be negligible." (PLANSPONSOR.COM)

Trends in Employment-Based Coverage Among Workers, and Access to Coverage Among Uninsured Workers, 1995–2009 (PDF)
"This analysis examines employment-based health benefit coverage rates on a monthly basis from December 1995 to December 2009, to allow for more accurate identification of changes in trends, and to more clearly show the effects of recessions and unemployment on changes in coverage." (Employee Benefit Research Institute)

McKinsey & Company Posts the Questionnaire and Methodology of Recent Online Health Insurance Survey
"In posting 'details regarding the survey' on its Web site Monday, McKinsey acknowledged that its survey was 'not comparable' to the studies by the budget office, Urban Institute or others using economic modeling." (The New York Times; free registration required)

McKinsey Stands by Contested Health Insurance Survey
"Meanwhile, yet another study is out today that conflicts with McKinsey's take on the matter. Avalere Health, a Washington-based consulting firm, did its own its own interviews and examined existing studies, and concluded that the overall market for employer-provided health insurance 'will likely remain relatively stable after 2014,' when the law takes full effect." (NPR)

Out-of-Network Rates for Medical Care
"Several major insurers are now using rates based on Medicare fees to calculate payments for out-of-network providers. Those amounts are often a lot lower than what doctors and hospitals actually charge. The upshot: Providers may bill patients for the difference. What's more, that bill comes on top of whatever patients owe in deductibles or co-payments." (The Wall Street Journal)

McKinsey Drops Survey Details
"After pressure from Democrats, consulting firm McKinsey released a statement . . . , along with the full questionnaire about its now-controversial survey predicting a significant drop of [employer-sponsored health insurance] coverage due to health reform." (BenefitsPro)

Benefits in General; Executive Compensation

Buyers Study 2011: Benefits Strategies for a New Era
"[The study] offers information on benefits trends ranging from the shift in how employers and employees share the cost of benefits to the latest buying patterns by industry, age, gender and company size . . . ." (Unum Group)

Press Releases

Solis v. Open Webs Corp. 401(k) Profit Sharing Plan
(U.S. Department of Labor, Employee Benefits Security Administration (EBSA))

Economy Drives Health Insurance Coverage, for Good and Bad
(Employee Benefit Research Institute (EBRI))

Mutual Health Services Utilizing Benefit Informatics’ Data Integration, Analysis and Reporting Technology
(Benefit Informatics)

Employee Benefits Jobs

Installation Administrator
for Transamerica Retirement Services Corporation in CA

Account Mgr I - SRS
for The Standard in OH

Senior Compliance Analyst
for T. Rowe Price in MD

Sr. Compliance Analyst
for Financial Engines in MA

Inside Sales Associate with Defined Contribution Industry Experience
for Financial Engines in MA

Testing and Reporting Specialist
for Fidelity Investments in KY, TX

Post Your Job on EmployeeBenefitsJobs.com

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Webcasts and Conferences

"The New Form 8955-SSA: Who, What, When, and How" Web Seminar - An Encore Presentation
Nationwide on June 30, 2011 presented by SunGard Relius

401(k)Rekon Advisor Symposium - Woodland Hills
in California on August 9, 2011 presented by 401(k) Rekon

401(k)Rekon Advisor Symposium- San Francisco
in California on July 19, 2011 presented by 401(k) Rekon

Attention Please - Employee Communications and Engagement
in Georgia on July 21, 2011 presented by WEB (Worldwide Employee Benefit Network) Atlanta Chapter

COBRA Compliance Workshop
in California on June 23, 2011 presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)

Health and Welfare Plan Management for Mid-Sized Employers Conference
in Nevada on September 13, 2011 presented by University Conference Services

Mid-Sized Retirement & Pension Plan Management Conference
in Illinois on October 11, 2011 presented by University Conference Services

Rekon Roadshow - Woodland Hills
in California on August 10, 2011 presented by 401(k) Rekon

Troubleshooting Participant Loans
Nationwide on July 12, 2011 presented by SunGard Relius

Voluntary Fiduciary Correction Program Workshop
in California on June 23, 2011 presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)


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Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Holly Horton, Business Manager
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