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BenefitsLink Health & Welfare Plans Newsletter
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[Official Guidance]
HHS Final Rule: Payments to Sponsors of Retiree Prescription Drug Plans (PDF)
"This final rule implements and finalizes provisions regarding the reporting of gross covered retiree plan-related prescription drug costs (gross retiree costs) and retained rebates by Retiree Drug Subsidy (RDS) sponsors; and the scope of our waiver authority under the Social Security Act . . . . These regulations are effective on March 12, 2012."
(U.S. Department of Health & Human Services)
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[Guidance Overview]
IRS Amends and Supplements 'Interim' Guidance on Form W-2 Reporting of Cost of Health Coverage
"As with Notice 2011-28, the new guidance and 'transition relief' apply with respect to 2012 Forms W-2, which generally must be furnished to employees in January 2013. Future guidance may limit the availability of some or all of the relief, but on a prospective basis only (applying no earlier than January 1 of the year that begins at least 6 months after the guidance is issued, and in no event applying to 2012 Forms W-2)."
(Miller & Chevalier Chartered)
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[Guidance Overview]
IRS Guidance on Form W-2 Reporting of Health Care Coverage (PDF)
"As a follow-up to interim guidance issued last year, the IRS provided additional clarifications to assist employers in complying with the W-2 reporting requirements. This new guidance applies to W-2 reporting for 2012."
(Buck Consultants, LLC)
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5% of Patients Account for Half of Health Care Spending
"Just 1% of Americans accounted for 22% of health care costs in 2009, according to a federal report released Wednesday. That's about $90,000 per person, according to the Agency for Healthcare Research and Quality.'
(USA TODAY)
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Democrats Urge High Court to Uphold State Workers' Right to Sue over Medical Leave
"The high court heard oral arguments Wednesday in a case brought by a former Maryland state court worker who said he was fired in 2007 after taking 10 days off to treat hypertension and diabetes. The law requires certain employers to allow workers to take up to 12 unpaid weeks off per year to deal for qualified medical and family issues."
(Capitol Hill Publishing Corp.)
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Patient Groups Seek Delay on 'Essential Benefit' Rules
"A group of 75 patient organizations asked the Health and Human Services Department to allow more time for public comment on its proposal for defining 'essential health benefits.' The healthcare law directs HHS to define a package of essential benefits that all insurance plans will have to cover beginning in 2014."
(Capitol Hill Publishing Corp.)
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Agents' Perspective: Large Employer Plan Coverage (PDF)
"The survey of more than 1,100 NAHU members who specialize in providing health insurance coverage to employers of all sizes shows employees already receive comprehensive health insurance coverage."
(National Association of Health Underwriters)
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Agents' Perspective: Small Employer Plan Coverage (PDF)
"According to the survey, people with employer-sponsored health plans already receive emergency care and hospital care under every health care plan. Follow-up care such as in-patient rehab, nursing facilities and hospice care are also covered by 97, 93 and 90 percent of small-group plans respectively."
(National Association of Health Underwriters)
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Nearly 500 State Lawmakers to Press Supreme Court to Uphold Health Care Mandate
"The state lawmakers say requiring almost all Americans to buy insurance falls well within Congress's power under the Constitution's Commerce Clause. Echoing the Justice Department's arguments in support of the mandate, the state legislators said the Constitution gives Congress broad authority to regulate interstate commerce."
(Capitol Hill Publishing Corp.)
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Companies Weigh Value, Costs of Helping Employees Get Healthier
"Local experts say the common denominator concerning a commitment to wellness programs is leadership — whether those in charge realize on a personal level how better fitness can improve not only health, but morale, productivity and the bottom line, namely reducing absenteeism rates and health care costs."
(Evening Post Publishing Co.)
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Benefits in General; Executive Compensation
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Press Releases
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Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Lois Baker, J.D., President
Holly Horton, Business Manager
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