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May 3, 2012 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

Employee Benefits Jobs

Retirement Planning Operations Manager
for The LBA Group in FL

Plan Administrator
for Valley Forge Asset Management, a subsidiary of Susquehanna Bancshares, Inc. in DE

Client Service & Relationship Director
for Envoy Financial in CO

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Webcasts and Conferences

Benefits 360 - The Role of Employer Sponsored Benefits in Personal Financial Planning
in New York on May 9, 2012 presented by International Society of Certified Employee Benefit Specialists - NY Metro Chapter

401(k) Rekon Advisor Symposium - Houston
in Texas on May 31, 2012 presented by 401(k) Rekon

Live FutureOffice Network Smartcast-Creating a Culture of Well-Being: RESTORE
Nationwide on May 9, 2012 presented by Davidson Marketing Group—FutureOffice Network

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Is the Fact that I Am a Woman Considered a Pre-Existing Condition?
"When they buy their own health insur.ance in the individual market, women must lay out an extra $1 bil.lion a year, simply because they are women. Some argue that this is fair: after all, a woman could become pregnant, and labor and delivery are costly. But the truth is that, even when maternity benefits are excluded, one-third of all health plans charge women at least 30 percent more, according to a report released just last month by the National Women's Law Center." (The Health Care Blog)

DATAIR! 5500 Filing for Welfare, Flex & Pension Plans   [Advert.]

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Employers Becoming More Generous with Corporate Relocation Benefits
A link to the text of the 2012 Atlas Moving Companies Corporate Relocation Survey. "For new hires [during 2011], full reimbursement [of relocation costs, as an employee benefit,] retakes the top spot as the most popular method, reversing its progressive decline from 2009-2011. The percentage of firms using full reimbursement is [57%]. This method is followed closely by lump-sum payments (50%) ... The percentage using partial reimbursement [was 40%] and is at its lowest level since 2006." (Atlas)

Online Health Care Price Transparency Tools Trend Upward
"[Castlight] certainly isn't the only online comparison tool available to consumers. Insur.ance company Cigna unveiled a similar tool for its customers in February that allows patients to search costs for 200 common medical procedures and estimate prices for specialists, doctors and hospitals based on their coverage, and WellPoint has offered similar resources to some of its customers since 2009." (FierceHealthIT)

'Accountable Care Organizations' Could Have Medicare Muscle to Transform the Health System
"The drawbacks of fee-for-service reimbursement are hardly secret. In 1909, the playwright George Bernard Shaw wondered why 'any sane nation, having observed that you could provide for the supply of bread by giving bakers a pecuniary interest in baking for you, should go on to give a surgeon a pecuniary interest in cutting off your leg.' A century later, McKinsey Global Institute identified 'payment for more care rather than more value' as one reason U.S. medical spending is more than 25 percent higher per person than even in other industrialized nations." (Kaiser Health News)

How to Explain High U.S. Health Care Spending? A Look at Supply, Utilization, Prices and Quality in Other Countries
"[The] high spending cannot be attributed to higher income, an older population, or greater supply or utilization of hospitals and doctors. Instead, the findings suggest the higher spending is more likely due to higher prices and perhaps more readily accessible technology and greater obesity. Health care quality in the U.S. varies and is not notably superior to the far less expensive systems in the other study countries." (The Commonwealth Fund)

AHIP Says Health Insurers Will Continue to Innovate
"'To say that health insurers will go out of business by 2020 is totally inconsistent with what's going on in the real world,' [says Karen Ignagni, President and CEO of the America's Health Insur.ance Plans trade association]. 'Since the 1990s, health plans have been the engine of change. All around the country, you can see the evidence of how health plans are innovating in any number of areas.'" (Managed Care)

Benefits in General; Executive Compensation

[Guidance Overview]
Failure to Offer Comparable Severance Package Can Be Prohibited Gender Discrimination under Title VII
"The [Fourth Circuit Court of Appeals] reversed and remanded a district court's dismissal of a claim by a former employee that she was not offered the same severance benefits as other similarly situated ma.le counterparts when they were terminated from employment. In this case, the employee was offered three months of continued pay and health benefits when her employment ... was terminated. The employee claimed that males in similar positions were customarily offered six months of pay and benefits, or were transferred to positions with less responsibility while continuing their pay and benefits." (Haynes and Boone)

Take Steps to Ensure Effectiveness of Stock-Based Pay
"Is it time for employers to rethink stock-based compensation for broad groups of employees? The answer depends on what the company wants to accomplish and whether stock-based pay is the best way to spur the employee performance to achieve those goals." (Society for Human Resource Management)

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