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BenefitsLink Health & Welfare Plans Newsletter
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Wal-Mart Cuts Some Health Care Benefits
"Citing rising costs, Wal-Mart, the nation's largest private employer, told its employees this week that all future part-time employees who work less than 24 hours a week on average will no longer qualify for any of the company's health insurance plans."
(The New York Times; free registration required)
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Unforeseen Legal Issues for On-Site Health Clinics
"This is especially true in the context of laws governing employee benefit plans. Employers and consultants who are unaware of the potential applicability of these laws to on-site clinics run the risk of creating unnecessary liability."
(Spencer Fane Britt & Browne LLP)
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State-by-State Medical Loss Ratio Adjustments, 2011
"The law allows the Secretary to adjust the MLR standard for a state if it is determined that meeting the 80% Medical Loss Ratio standard may destabilize the individual market. In order to qualify for this adjustment, a state must demonstrate that requiring insurers in its individual market to meet the 80% MLR has a likelihood of destabilizing the individual market and result in fewer choices for consumers."
(The Henry J. Kaiser Family Foundation)
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Calculate Your Retirement Health Costs with HealthView's Calculator
"[After entering specific medical traits and health habits, i]nput a few other key data, such as age and se.x, to generate a 7-page Personal Health Care Expense Report that includes nifty — and scary — charts showing that medical costs will rise as the retiree ages."
(Trustees of Boston College, Center for Retirement Research)
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HHS Releases Final Regulations for ACOs
"The Obama administration on Thursday bowed to health industry concerns about its plans for Medicare accountable care organizations, making it easier for doctors and hospitals to participate in the program designed to lower medical costs."
(The Henry J. Kaiser Family Foundation)
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[Opinion]
Four Ways to Fix Long-Term Care
"'If you got bunch of real long-term care wonks in a room, we could figure something out,' says Duke University's Donald Taylor, a health care economist. I spent most of yesterday talking to those wonks, and here are four solutions they came up with . . . ."
(The Washington Post; free registration required)
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Benefits in General; Executive Compensation
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Institutional Shareholder Services Inc. Draft 2012 Policy Changes (PDF)
"On October 18, ISS issued draft policy changes for the 2012 proxy season for public comment. Four changes to its U.S. executive compensation policies were proposed, one of which affects ISS' evaluation of pay-for-performance alignment and will have significant implications for public corporations."
(Frederic W. Cook & Co., Inc.)
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IRS Announces Key Benefit Plan Limits for 2012 (PDF)
"The IRS has issued . . . the retirement plan limits for 2012, and [the] 2012 limits for qualified transportation fringe benefits, adoption assistance programs, long-term care products, and medical savings accounts."
(Buck Consultants, LLC)
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2011 Private Company Equity Compensation Survey Results
There are many equity compensation surveys for public companies, but almost none for closely held companies, and these focus just on executive equity in single industries or pre-IPO companies. The NCEO Private Company Equity Survey fills this gap. It is based on 201 completed surveys from private companies with equity plans and 32 responses from service providers in a separate survey designed to corroborate the broader survey results. (National Center for Employee Ownership
(NCEO))
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Press Releases
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