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September 29, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

Employee Benefits Jobs

Retirement Plan Business Development Manager
for Huntington National Bank in IN, KY, OH, PA, WV

401(k) Sales Professional
for Established New Jersey RIA Company in NJ

Benefits Consultant, Small Group & Mid Market
for Northwestern Benefit Corporation of GA in GA

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Webcasts and Conferences

Health Plan Differentiation in a Post Health Insurance Exchange Environment
in California on November 9, 2011 presented by MCOL

HSAs From the Employer’s Perspective: Design and Compliance Issues
Nationwide on October 27, 2011 presented by Thomson Reuters / EBIA


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Administration Seeks Quick Supreme Court Health Law Ruling
"This Justice Department step is being viewed as a signal that the Obama administration wants the high court to decide the question of the health law's constitutionality before the 2012 presidential election." (The Henry J. Kaiser Family Foundation)


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26 States and NFIB Petition Supreme Court, Raise Issues in Addition to Constitutionality of Health Care Reform Insurance Mandate
"In addition to appealing the severability issue [which is raised in the NFIB's appeal], the states are raising two other issues: (1) whether Congress exceeded its enumerated powers and violated basic federalism principles by coercing the states into accepting Obamacare requirements by threatening to withhold all federal funding under Medicaid, which is the largest single federal grant program to the states; and (2) whether Congress can treat sovereign state governments differently from any other private employer when imposing invasive mandates on how the states provide state employees with insurance coverage." (Heritage Foundation)

Analyzing the Health Law's Tax Credits and the CLASS Act's Future
"This round-up of health law implementation news also includes a report that the comment period for state health exchanges has been extended and news that Catholic organizations have stepped-up their opposition to the measure's requirement that contraceptive services be covered." (The Henry J. Kaiser Family Foundation)

Now May Be the Time for Eggwhip Wraps (PDF)
"Or more accurately, now may be the time for employers to look toward using an EGWP (Employer Group Waiver Plan) with a wraparound supplemental plan to provide more cost-effective prescription drug benefits. For health plans that offer their retired employees prescription drug benefits, new rules from the Centers for Medicare and Medicaid Services (CMS) make the option of an EGWP/wrap attractive as a way to achieve significant plan savings." (Milliman, Inc.)

Benefits in General; Executive Compensation

Gingrich Issues New 'Contract with America'; Includes Health Insurance Proposal
"Republican Newt Gingrich . . . will today call for Americans to have new choices in how they buy health insurance, pay their income taxes and save for retirement." (The Henry J. Kaiser Family Foundation)

Military Retirees Say Benefits Hard-Earned
"The federal government last year spent a record $275.2 bil.lion on benefits for retired federal workers, two-thirds of it for military retirees. What's driving up costs: Congress has expanded benefits frequently and Baby Boomers are living longer, collecting pension checks longer and consuming more health care—the same issues challenging Social Security and Medicare." (USA TODAY)

Press Releases

ASPPA Launches Association Focused on Plan Advisors
(American Society of Pension Professionals & Actuaries (ASPPA))

Average Annual Premiums for Family Health Benefits Top $15,000 in 2011, Up 9 Percent, Substantially More than the Growth in Worker's Wages, Benchmark Employer Survey Finds
(Kaiser Family Foundation)

Pittsburgh Company Will Restore More Than $67,000 to Employee Retirement Plan, Resolving Labor Department Lawsuit
(U.S. Department of Labor, Employee Benefits Security Administration (EBSA))

Good Governance: Making Retirement Plan Decisions the Right Way
(Principal Financial Group)

New Liberty Mutual Website Helps Employees Through Life’s Key Challenges
(Liberty Mutual)

Employers Lack Awareness and Understanding of Specialty Drugs and Costs
(Midwest Business Group on Health)

CIEBA Taps Forbes as Executive Director
(Committee on Investment of Employee Benefit Assets (CIEBA))

Benefit Plans Administrative Services, Inc. (BPAS) Announces Patent and Software License Agreement with Access Control Advantage, Inc.
(BPAS)

Worksite Health Center Positions City Government to Cut Costs While Increasing Employee Productivity
(Crowne Consulting Group, Inc.)



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