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BenefitsLink Health & Welfare Plans Newsletter
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[Guidance Overview]
Proposed Regulations Regarding Summary of Benefits and Coverage
"Plan administrators will need to consider how to coordinate the delivery of the SBC with other important enrollment materials to participants. The regulations have left open the possibility of combining certain notices to satisfy this requirement along with the notice requirements of ERISA."
(Blank Rome LLP)
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[Guidance Overview]
New Research Fee Begins with Little Guidance for Employers
"Given the lack of guidance, there is little employers can do at this time. When future guidance is issued, employers should carefully analyze the guidance. Future guidance may prompt an employer to modify its plan design."
(Quarles & Brady)
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[Guidance Overview]
IRS/ HHS Reminder to Small Employers About Claiming 2010 Small Business Health Care Tax Credit
"The small business health care tax credit is available in its current form through 2013. An increased tax credit of up to 50% of employer contributions (35% for eligible tax-exempt small employers) will also be available starting in 2014, but only for the first two consecutive years an eligible employer offers its employees coverage through an Exchange."
(Thomson Reuters/EBIA)
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Chronic Pain Workers Comp Claims Increasing for Employers
"According to the Institute of Medicine, chronic pain affects more than 116 mil.lion U.S. residents—more than heart disease, cancer and diabetes combined—and costs up to $635 bil.lion a year in medical treatment and lost productivity."
(Business Insurance)
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Wellness Programs Have Clear Advantages and Also Carry Legal Risks.
"Although providing incentives to employees for achieving positive health outcomes seems like good business sense, a minefield of laws and regulations govern employee wellness programs. Proper planning can help employers develop effective wellness programs that comply with the various requirements."
(Fredrikson & Byron P.A.)
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[Opinion]
No Job, No Insurance, No Health Care
"The depressing facts are laid out in the Commonwealth Fund's latest biennial health insurance survey. An analysis of the data found that nine mil.lion working-age adults who lost their jobs between 2008 and 2010 became uninsured. Most of those could not find affordable coverage from insurance companies, and some were turned down when they applied."
(The New York Times; free registration required)
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Benefits in General; Executive Compensation
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At-Home Workers Create New Risks for Employers
"As more companies allow their workforces to move from cubicles to home offices, outdated risk management plans may not be keeping up with the exposures related to at-home workers."
(Business Insurance)
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Press Releases
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