Healthcare

President Obama signed legislation in April repealing the expanded 1099 reporting requirements in the health care reform law and Small Business Jobs Act.

For the year ending in September 2010, 26.3% of Americans (or 62.8 million people) volunteered through or for an organization at least once, according to the Current Population Survey conducted by the Bureau of Labor Statistics. Among working Americans, 29.2% volunteered, compared to 23.8% of unemployed persons and 22% of those not in the labor force.

The Employers Council on Flexible Compensation is fighting to repeal parts of the health care reform law that establish annual caps for flexible spending accounts and require a prescription for over-the-counter medications to be reimbursed under FSAs. It also is pushing for a change to allow for a cash out at the end of the year in place of the use-it-or-lose-it system that dates back to the 1980s.

Thomson Reuters, a major vendor of business intelligence services and technology spanning multiple industries, intends to divest its health care operations.

A new report from MetLife suggests that financial advisers need to do a better job of educating their clients about the importance of managing their emotions as well as their spending and investing behavior during and close to retirement just as they did — presumably — when they were younger and saving up for their golden years.

Last week's survey results from McKinsey, which found 30% of employers plan to drop health benefits after PPACA-mandated exchanges open in 2014, may be the product of flawed methodology, according to news reports.

UnitedHealth Group is pushing into managing pharmacy benefits, bucking a trend among U.S. health insurers and threatening the dominance of the three largest companies that help negotiate drug pricing.

Millennials who frequently participate in workplace corporate volunteer programs are more likely to be proud, loyal and satisfied employees, as compared to those who do not, according to a new survey from Deloitte LLP.

WellPoint plans to buy privately held Medicare specialist CareMore to expand its presence in the U.S. government program for the elderly. The deal will advance WellPoint's plans to become a bigger competitor in Medicare.

Two out of three workers would purchase additional health insurance benefits to make sure they are protected, according to a report from Aflac. Fifty-nine percent of respondents said they would acquire voluntary insurance.