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=========================================================== BenefitsLink Welfare Plans Newsletter (Plain Text Format) September 17, 2004 =========================================================== We thank and invite your attention to today's sponsor: BenefitsLink Yellow Pages =========================================================== Outsource benefits tasks by selecting a vendor from our online directory (Advert.) <URL:http://benefitslink.com/cgi/a_d.cgi?a_d=2004_09_17_welfare> http://benefitslink.com/cgi/a_d.cgi?a_d=2004_09_17_welfare (Click on above address, or copy and paste it into your web browser, to learn more.) Your employee benefits service or product can be advertised in an online directory sponsored by the nation's leading employee benefits web site-- BenefitsLink. Your listing can take readers directly to your web site, or to a full-page advertisement we'll create. Just $200 per year (or $400 per year for a premium listing)! Request your ad today and receive 3 months of free banner advertising! (Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor) ---------------------------------------------------------- Bush Blasts Kerry Health Plan Saying It Would Cost Too Much and Put the Government in Control <URL:http://www.philly.com/mld/inquirer/news/nation/9684196.htm> http://www.philly.com/mld/inquirer/news/nation/9684196.htm Excerpt: "President Bush stepped up his attack on Sen. John Kerry's health-care proposals yesterday, accusing the Democratic nominee of seeking to expand the federal government's power by controlling the nation's health-care system - something Kerry says he is not proposing at all." (The Philadelphia Inquirer; one-time registration required) ---------------------------------------------------------- Overview: DOL Final Regulations for the Timing and Content of COBRA Notices <URL:http://www.dowlohnes.com/site/page_1.asp?section=4&subsection=3&seqa=0&seqb=0&seqc=0&PgId=749> http://www.dowlohnes.com/site/page_1.asp?section=4&subsection=3&seqa=0&seqb=0&seqc=0&PgId=749 Excerpt: "This past spring, the U.S. Department of Labor (DOL) issued final rules providing standards for the timing and the content of notices required under the Consolidated Omnibus Budget Reconciliation Act (COBRA) and establishing standards for administering the notice process. This is the first significant guidance that the DOL has offered on COBRA since 1986." (Dow, Lohnes & Albertson) ---------------------------------------------------------- The Chronic Problem of Declining Health Coverage As Employer-provided Health Insurance Falls <URL:http://www.epinet.org/content.cfm/issuebrief202> http://www.epinet.org/content.cfm/issuebrief202 Issue Brief. Excerpt: "The costs to working families of the recession and jobless recovery have been amply documented in terms of jobs, wages, and incomes (Mishel et al. 2004). Yet the persistently weak labor market in tandem with sharply increasing health costs have led to a related problem for working families: the loss of employer-provided health coverage." (Economic Policy Institute) ---------------------------------------------------------- Private Plans / Health Maintenance Organizations, Costing Medicare More Than Traditional Plans <URL:http://www.nytimes.com/2004/09/17/politics/17medicare.html?ex=1253160000&en=3978eb0d66905f4c&ei=5090&partner=rssuserland> http://www.nytimes.com/2004/09/17/politics/17medicare.html?ex=1253160000&en=3978eb0d66905f4c&ei=5090&partner=rssuserland Excerpt: "Members of Congress expressed concern on Thursday about new data indicating that Medicare pays private health plans more than it would cost to care for the same patients in the traditional Medicare program." (The New York Times; one-time registration required) ---------------------------------------------------------- Health Status and Medical Treatment of the Future Elderly: Predicting the Costs <URL:http://www.rand.org/publications/TR/TR169/> http://www.rand.org/publications/TR/TR169/ Excerpt: "To help the Centers for Medicare and Medicaid Services more accurately predict future health care costs, RAND Health developed the Future Elderly Model (FEM). A demographic-economic model of health spending projections, the FEM enables the user to answer 'what-if' questions about the effects of changes in health status and disease treatment on future health care costs. This report describes the development of the FEM and its application in four key clinical areas." (RAND) ========================================================== Links To Items on Executive Comp, Benefits In General ---------------------------------------------------------- Brokers Fighting Their Former Employers Over Money Held in Deferred-Compensation Plans <URL:http://registeredrep.com/mag/finance_handcuffs_made_gold/> http://registeredrep.com/mag/finance_handcuffs_made_gold/ Excerpt: "A group of former Smith Barney advisors recently won a judgment that would return over $8 million in forfeited wages held in the company's Capital Appreciation Plan (CAP). Meanwhile, a former rep from the former Prudential Securities is challenging that firm's deferred-comp vehicle, MasterShare, on the grounds that it violates his rights under the Employee Retirement Income Security Act (ERISA)." (Registered Rep) ---------------------------------------------------------- Opinion: Promised Employee Benefits Disappear When Rival Companies Merge <URL:http://www.chicagotribune.com/business/chi-0409170211sep17,1,6621131.column?coll=chi-business-nav> http://www.chicagotribune.com/business/chi-0409170211sep17,1,6621131.column?coll=chi-business-nav Excerpt: "The sale of one company to another often can be brutal on employees. It's not just that jobs are lost. It's also the jarring effect on longtime employees who survive the sale but are ready to retire. Case in point is Wood Dale-based Rockwell FirstPoint Contact which was sold to its rival, Westford, Mass.-based Concerto Software, earlier this month." (Chicago Tribune; one-time registration required) ---------------------------------------------------------- Accounting for Stock-Based Compensation: a Simple Proposal <URL:http://www.nysscpa.org/cpajournal/2004/804/perspectives/p6.htm> http://www.nysscpa.org/cpajournal/2004/804/perspectives/p6.htm Excerpt: "On March 31, 2004, FASB issued its long-awaited exposure draft, Share-Based Payment, an amendment of SFAS 123 and 95. As expected, this controversial draft sparked proposed legislation and campaigns by various groups to prevent, or at least limit, the effects of the proposed rules. By mid-June, FASB had received more than 4,000 comment letters on this matter." (Robert A. Dyson in The CPA Journal Online) ========================================================== Newly Posted Events Consumer Driven Health Care � Demystifying The Alternatives Nationwide on October 21, 2004 presented by HRTrainingCenter.com <URL:http://benefitslink.com/events/detail.php?id=38752> http://benefitslink.com/events/detail.php?id=38752 HIPAA's Security Rule: Organizing Efforts, Meeting Compliance Nationwide on September 30, 2004 presented by International Foundation of Employee Benefit Plans <URL:http://benefitslink.com/events/detail.php?id=38758> http://benefitslink.com/events/detail.php?id=38758 Passing Participant-Driven Expenses Through To Plan Participants Nationwide on October 20, 2004 presented by HRTrainingCenter.com <URL:http://benefitslink.com/events/detail.php?id=38757> http://benefitslink.com/events/detail.php?id=38757 Untangling The FMLA, ADA, & Workers' Comp Overlap Nationwide on September 20, 2004 presented by HRTrainingCenter.com <URL:http://benefitslink.com/events/detail.php?id=38751> http://benefitslink.com/events/detail.php?id=38751 Post yours! http://benefitslink.com/events/eventmaint.php ========================================================== Newly Posted Press Releases PSCA Applauds Representatives' Letter To IRS On Behalf Of Tribal Government Retirement Plans (Profit Sharing/401(k) Council of America (PSCA)) http://benefitslink.com/pr/detail.php?id=38304 Health Insurance Plans Extend Efforts to End Tobacco Use (Robert Wood Johnson Foundation) http://benefitslink.com/pr/detail.php?id=38305 Schwarzenegger Should Heed National Survey � 1/3 of Americans Plan to Purchase Rx From Other Countries (Foundation for Taxpayer and Consumer Rights) http://benefitslink.com/pr/detail.php?id=38306 Survey Shows Consumer-Driven Healthcare Plan Prompts Healthier Lifestyles and Wiser Spending Habits. (Destiny Health) http://benefitslink.com/pr/detail.php?id=38307 Boxer and Eshoo Urge President Bush to Push Stock Options Bill Towards Final Passage (U.S. Senator Barbara Boxer) http://benefitslink.com/pr/detail.php?id=38308 Post yours! http://benefitslink.com/pr/maint.php ========================================================== Movers and Shakers: Newly Posted Announcements of Promotions and New Personnel Bill Rizer (Unified Trust Company, NA) http://benefitslink.com/cgi/show_moversandshakers.cgi?database_id=40529 Post Yours! http://benefitslink.com/moversandshakers.html ========================================================== Newly Posted or Renewed Job Openings Employee Benefits and Executive Compensation Associate for Thompson Hine LLP in OH http://benefitslink.com/modperl/show_a_job.cgi?database_id=H40527 Retirement Services District Manager Sales (Minneapolis) for ADP Retirement Services in MN http://benefitslink.com/modperl/show_a_job.cgi?database_id=H40528 401k Plan Administration Manager for Boston Financial Data Services in MA http://benefitslink.com/modperl/show_a_job.cgi?database_id=H40531 HR Benefits Process/Data Analyst (JP17938-FF) for Southern California Edison in CA http://benefitslink.com/modperl/show_a_job.cgi?database_id=H40532 Benefits Support Services Consultant for AECOM Technology Corporation in CA http://benefitslink.com/modperl/show_a_job.cgi?database_id=H40534 Special Markets Coordinator for Transamerica in CA http://benefitslink.com/modperl/show_a_job.cgi?database_id=H40539 Institutional Trust Consultant for BB&T in VA http://benefitslink.com/modperl/show_a_job.cgi?database_id=H40540 Post yours! http://benefitslink.com/jobs/post_help_wanted.html =========================================================== Subscribe to the BenefitsLink Retirement Plans Newsletter, Too Sign-up form is at: <URL:http://benefitslink.com/newsletter/> http://benefitslink.com/newsletter =========================================================== Copyright 2004 BenefitsLink.com, Inc.; except that you can forward this email in full (if you also include this boilerplate part) or otherwise reprint this email in full (if you include this boilerplate part) without obtaining our permission. 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