Pension & Benefits NetNews – November 6, 2012

 

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Featured This Week

Employee Benefits Management News

  • PPACA’s health insurance rate review program may have an influence on increases in premiums
  • FSAs face big change in 2013
  • Most small businesses don’t understand requirements of health reform law, survey finds
  • Only half of workers in small firms offered and eligible for health insurance, says Commonwealth Fund

Pension Plan Guide News

  • PBGC mails payments ahead of Hurricane Sandy
  • ERISA Advisory Council meeting postponed until November 26-27, 2012
  • Court appoints independent fiduciary to administer abandoned 401(k) plan in New Jersey

Employee Benefits Management News

PPACA’s health insurance rate review program may have an influence on increases in premiums

State health insurance rate review programs may have a material influence on the premiums that ultimately get charged to individuals and small businesses, according to a Kaiser Family Foundation report on the health insurance rate review program. For details, see ¶2062B

(Read Intelliconnect) »

FSAs face big change in 2013

Medical costs are continuing to soar, leaving many Americans clambering to find a way to alleviate some of the burden of expensive medical care, particularly procedures insurance doesn’t fully cover. Many employers are providing assistance by offering flexible benefit programs, such as flexible spending accounts to their employees as a part of their benefit plan. For details, see ¶2062C.

(Read Intelliconnect) »

Most small businesses don’t understand requirements of health reform law, survey finds

The majority of small businesses either incorrectly believe or are not sure whether they must provide health insurance to employees in 2014, according to a recent survey of small business owners released by eHealth, Inc., the parent company of eHealthInsurance. For more information, see ¶2062D.

(Read Intelliconnect) »

Only half of workers in small firms offered and eligible for health insurance, says Commonwealth Fund

Only 49 percent of workers in small businesses with fewer than 50 employees were offered and eligible for health insurance through their employer in 2010, down from 58 percent in 2003. For more information, see ¶2062F.

(Read Intelliconnect) »

Pension Plan Guide News

PBGC mails payments ahead of Hurricane Sandy

Anticipating Hurricane Sandy, the PBGC has announced that it has started mailing benefit checks ahead of schedule this month. For more information, see ¶117L.

(Read Intelliconnect) »

ERISA Advisory Council meeting postponed until November 26-27, 2012

Due to the severe weather, the ERISA Advisory Council meeting scheduled for October 30-31, 2012, will now be held November 26-27, 2012. For more information, see ¶117I.

(Read Intelliconnect) »

Court appoints independent fiduciary to administer abandoned 401(k) plan in New Jersey

Judge appoints independent fiduciary to administer abandoned 401(k) profit sharing plan of Winer Industries Inc. in Paterson, N.J. For more information, see ¶117G.

(Read Intelliconnect) »