BenefitsLink Health & Welfare Plans Newsletter
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State Health Care Reform Update, June 24, 2011
"With the passage of federal health care reform, states will have increasing responsibilities in regard to employer-provided health insurance benefits."
(Wolters Kluwer Law & Business)
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Study Finds Insurance Company Service Improvements Could Help Employers
"For example, the survey found that processing claims accurately and effectively, providing customized cost management solutions and ensuring that the insurance carrier representative understands the employer's specific needs, were found to have a particularly strong effect on raising employer satisfaction with health plans."
(Employee Benefits News; free registration required)
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GM Faces another Retiree Benefits Suit
"A group of 45 General Motors Co. salaried retirees have filed a lawsuit claiming the auto giant and Metropolitan Life Insurance Co. breached its contract when it slashed life insurance benefits."
(PLANSPONSOR.COM)
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Should You Self-Fund Your Employee Health Benefits?
"In deciding whether or not to self-fund, the potential for a lower monthly health care bill is weighed against the financial risk of covering employee health care costs — and the possibility of getting hit by a catastrophic bill if an employee gets in an accident or comes down with an illness."
(Inc.)
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[Opinion]
Discussions of Issues on Multiple Employer Plans
"[At a recent meeting with DOL staff, t]he question arose as to whether a non-association MEP would qualify as a single plan under ERISA, so to enable a single Form 5500, single audit, and a host of other things. DOL staff's reaction was that they believed that a non-benefit related commonality is needed, but they also expressed a willingness to discuss the idea. We explored several different points."
(Business of Benefits published by Robert Toth, Jr.)
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Benefits in General; Executive Compensation
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New Jersey Lawmakers Approve Benefits Rollback for Work Force
"The legislation will sharply increase what state and local workers must contribute for their health insurance and pensions, suspend cost-of-living increases to retirees' pension checks, raise retirement ages and curb the unions' contract bargaining rights."
(The New York Times; free registration required)
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Perks: What Companies Offer and What Employees Want
"As companies simultaneously try to shake off the recession, keep costs low, retain valued employees and recruit talented new ones, they need to understand what perks are and what perks are meant to do — from their own perspective as well as that of their employees."
(Wharton School of the University of Pennsylvania)
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Press Releases
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Employee Benefits Jobs
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Webcasts and Conferences
"The New Form 8955-SSA: Who, What, When, and How" - A Second Encore Presentation
Nationwide
on July 14, 2011
presented by SunGard Relius
Health Benefits Law - Compliance Assistance Seminar
in Montana
on July 19, 2011
presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)
National Fiduciary Conference
in Texas
on October 24, 2011
presented by Investment Fiduciary Leadership Council (IFLC)
Spotting Securities and Pension Fraud Workshop
in Montana
on July 19, 2011
presented by U.S. Department of Labor, Employee Benefits Security Administration (EBSA)
Voluntary Fiduciary Correction Program Workshop
in Nevada
on July 27, 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, Florida 32789
Phone (407) 644-4146
Fax (407) 644-2151
Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Holly Horton, Business Manager
Copyright 2011 BenefitsLink.com, Inc., but feel free to forward this newsletter in its entirety.
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