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Benefits Think News You Can Use: Average deductible tops $1,000

New survey results from Mercer reveal that for the first time this year, employees' average annual deductible for single coverage topped $1,000 — a troubling sign for employers and workers alike who are struggling to pay for health care.

Benefits Think News You Can Use: Primary care system crumbling?

According to survey results from the Physicians Foundation, primary care physicians are severely unhappy with their work, so much so that:* 20% plan to reduce their patient load.* 13% plan to take positions without active patient care.* 11% plan to retire.* 78% report a shortage of primary care physicians.*…

Benefits Think Thsi is not the way to create better consumers. It…

Thsi is not the way to create better consumers. It appear the both the government and the companies that process payroll might benefit from the extra workload that this process would create. Business are not looking for ways to spend more on behalf of their employees in this economy.

Benefits Think This is a very bad idea during the busy tax season…

This is a very bad idea during the busy tax season and creates administrative problems for employers. Employees can be informed of the health care costs in numerous other ways. If the government is interested in learning more information about how employers handle healthcare and the cost paid for each…

Benefits Think News You Can Use: President-elect sets ambitious work-life agenda

Among his many large scale goals, President-elect Barack Obama has set a high-flying work-life agenda, including a federal mandate for paid sick leave and expanding FMLA to encompass employers with 25 or more workers (current law applies to 50 or more), more purposes — including children's school needs,…

Benefits Think The W-2 is required by law to be furnished to ever…

The W-2 is required by law to be furnished to every employee, (by even the smallest business) no later the January 31st, many employers work hard to get it out in the first week so employee can get their tax refund faster. This will slow down the process, and there is no way you can explain all the different…

Benefits Think The government DOES NOT need to micro mananage rat…

The government DOES NOT need to micro mananage rate disclosure. Instead of telling employers HOW to disclose, why not just require the disclosure. We already publish the full rate, the employer share and employee shares for people to see. We actually built out a worksheet so they can "do the math"….

Benefits Think I think the government should stop and think about…

I think the government should stop and think about all the laws they enact on a business and how it needs to be reported. Do they think that it is just a simple process to make a change and businesses can make the change on a whim. Most accounting software that is utilized would have to be modified,…

Benefits Think I agree to an extent that it would actually disclo…

I agree to an extent that it would actually disclose to the employee how much the employer is contributing and therefore they would understand that benefits paid is part of the overall package that is offered. They only take into account how much they take home.

Benefits Think I think this is a positive idea. Employees should…

I think this is a positive idea. Employees should be aware of this cost as it impacts all decisions and the high cost seriously impacts financial capacity of employers to use resources for progressive change.Also, the employer is paying medical workers instead of their resources being provided to their…

Benefits Think The W-2 reporting will be another layer of governm…

The W-2 reporting will be another layer of government red tape on business. It will require software modifications to tract and capture the required information on each employee at a cost to companies. In the current economic climate any added cost is a burden. We are a small business of 160 employees…

Benefits Think News You Can Use: ABC urges action to push pension bill

The American Benefits Council has issued an action alert imploring pension plan sponsors to lend their voices in support of legislation aimed to implement pension reforms and regulatory clarifications. Read the alert here. Contact information for ABC and congressional leaders is included.

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