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August 5, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

Employee Benefits Jobs

Installation Administrator
for Transamerica Retirement Services Corporation in CA

Sr. Retirement Plan Administrator
for Growth Oriented TPA Firm in NY

Sr. Retirement Plan Administrator
for Growth Oriented TPA Firm in FL

Corporate Counsel for Investment Advisory Services
for Financial Engines in MA

Account Manager
for ING Financial Advisers, LLC in FL

Manager of Pension Administration
for Port Authority of Allegheny County in PA

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Webcasts and Conferences

Employee Benefits Litigation
in Pennsylvania on December 8, 2011 presented by ALI-ABA (American Law Institute-American Bar Association)

Executive Compensation: Strategy, Design, and Implementation
in New York on June 14, 2012 presented by ALI-ABA (American Law Institute-American Bar Association)

Participant Fee Disclosure Regulations Webcast
Nationwide on August 11, 2011 presented by National Institute of Pension Administrators

Pension, Profit-Sharing, Welfare, and Other Compensation Plans
in District of Columbia on October 12, 2011 presented by ALI-ABA (American Law Institute-American Bar Association)

Pension, Profit-Sharing, Welfare, and Other Compensation Plans
in Illinois on April 25, 2012 presented by ALI-ABA (American Law Institute-American Bar Association)


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[Guidance Overview]
Guidelines for Group Health Plans and Health Insurance Issuers Relating to Women's Preventive Health Care Services
"The new guidelines, which were developed by the Institute of Medicine. . ., are intended to address health needs specific to women and to fill gaps in existing guidelines." (PricewaterhouseCoopers LLP)


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[Guidance Overview]
Wisconsin Budget Act Amends Dependent Coverage Law, But Not Tax Implications
"Wisconsin employers sponsoring plans that were affected by the prior Wisconsin dependent coverage law should note that they are still required to provide coverage to dependents up to their 27th birthday through at least the end of 2011 (and possibly longer where a collective bargaining agreement defines the coverage)." (Michael Best & Friedrich LLP)

[Guidance Overview]
Rescissions under PPACA (PDF)
"There have been quite a few questions on the new rescission rule under the [PPACA] and how the rule applies in many practical situations, such as a plan terminating an individual's coverage back to the date of termination of employment (a fairly typical occurrence). Technically, this is a retroactive change, but is it a 'rescission' under the new rules?" (Groom Law Group)

[Guidance Overview]
Amended Guidance on Health Care Reform's Internal and External Claims Process Rules (PDF)
"Existing ERISA rules call for plans to rule on urgent care claims as soon as possible, and in no event later than 72 hours after receipt. The 2010 regulations reduced this time frame to no later than 24 hours. The 2011 amendments go back to the 72 hours maximum standard. However, the 2011 amendments require that plans give deference to a determination by an attending provider as to whether the claim is in fact urgent." (Buck Consultants, LLC)

Consumer Testing of the Coverage Facts Label: A New Way of Comparing Health Insurance (PDF)
"While participants in this study didn't describe the CFL as the main feature helping them choose a health plan, the CFL clearly contributed by furthering their understanding of the role of insurance and providing a better sense of the financial protection offered by the plan. Put another way, the CFL helped them understand what they were getting for their monthly premium expenditure." (Consumers Union / Kleimann Communication Group)

San Francisco Lawmakers Drop Attempt to Change Health Mandate
"[Currently, the law] offers an alternative in which employers contribute the required amounts to health reimbursement arrangements, which are used to reimburse employees for health care expenses. At the end of the year, unused funds revert back to the employer. . . . [A] member of the San Francisco Board of Supervisors proposed to amend the requirement so that unused HRA funds automatically would roll over to the next year." (Business Insurance)

Employers Offer Spiritual Guidance Under Employee Assistance Programs
"According to one survey of more than 600 employees at Regal Marine, a boat building company, the chaplain's care program was cited as the #1 benefit." (CBS Interactive)

Benefits in General; Executive Compensation

[Guidance Overview]
SEC Delay of Planned Adoption Date for Several Executive Compensation Provisions Under Dodd-Frank Act
"Clearly, issuance of the SEC guidance is a prerequisite for taking informed action on these issues; accordingly, companies will need to focus on relevant portions of the guidance as issued, and be prepared to take immediate action, if necessary." (Morgan, Lewis & Bockius LLP)

Press Releases



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