Benefits Think Tip of the Day
Trying to decide if self-funding your health plan is right for your organization? EBN's current issue debunks the seven most common misperceptions about self-funding to help you make an informed decision.
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Benefits Think Scone: DOL fee disclosure proposal step in right direction
Here's something to chew on with your morning coffee:
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Benefits Think I’m thankful with your blog it is very useful to m…
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Benefits Think Tip of the Day
If your company uses independent contractors, this is for you. There are several pitfalls that stem from worker misclassification — regarding taxes, benefits and more. Click here for coverage in the current issue of EBN on sidestepping such issues.
Benefits Think News You Can’t Use: NYT, LinkedIn form new partnership
The New York Times has announced a new venture with social/professional networking site LinkedIn that will allow online Times readers to read headlines tailored to their LinkedIn profile.
Benefits Think News You Can Use: HHS reaches first-ever monetary HIPAA settlement
On July 17, the Department of Health and Human Services announced a $100,000 settlement with Seattle-based Providence Health & Services for violations of the HIPAA privacy rules — a first-ever move for the agency. The violations involved lost and stolen computers containing patients' health information….
Benefits Think News You Can Use: Even cashed-out participants can sue, court rules
The First Circuit Court of Appeals has ruled that even employees who have cashed out of their retirement plans have the right to sue to recoup lost retirement assets due to a fiduciary breach. The case involves two former workers at W.R. Grace & Co., who alleged the company breached its fiduciary…
Benefits Think Overheard At: Flexible Executives
Achieving work/life balance has always been a struggle, especially for talented executives in demanding positions. Listen in as Jamie Pennington, founder and president of Flexible Executives (www.flexibleexecutives.com), describes how her company helps blue-chippers attain balance, while providing smaller…
Benefits Think News You Can Use: SSA creates Social Security estimator
The Social Security Administration has created a calculator that will estimate employees' future Social Security benefits in retirement. Even if they don't like the number they see, such a calculator could be a valuable tool in effective retirement planning, as Americans for a Secure Retirement reports…
Benefits Think Tip of the Day
It's not getting any easier for employees to make ends meet — with high gas prices, low home values and soft job market. If you're looking for ways to give employees some help at the pump through commuter benefits, click here.
Benefits Think Scone: Social networking — Knowing when to say when
Here´s something to chew on with your morning coffee:
Benefits Think News You Can’t Use: Healthy people cost more?
A columnist for the Detroit News posits that wellness initiatives may be doing more harm than good, since healthy people live longer, thus costing the system more money over time than sick folks who die prematurely. Not necessarily newsworthy, but food for thought nonetheless.
Benefits Think News You Can Use: Wal-Mart calls suit ‘myopic,’ AHIP seeking fans
The bigger they are, the bigger the class-action suit. Participants in Wal-Mart's 401(k) plan have filed a $9.9 billion class action suit against the retail giant, asserting the plan's fees were too costly. However, execs have issued a slap in return, saying the allegations are "mere speculation" and…
Benefits Think Quote of the Week
"Research indicates main reasons [that employees leave an organization] are lack of communication with supervisors and lack of any hopy in future and money." On the flip side, workers stay for "vision for the future, their involvement in that future, understanding of corporate mission and strong workplace…
Benefits Think Overheard At … : Dressing for success
In the dog days of summer, it can be a tricky exercise to keep employees' apparel on the business side of business-casual. Hear what Mary Lou Andre, founder, president and CEO of Organization by Design has for employers in enforcing a proper summer dress code.
Benefits Think News You Can Use: A sampling of health, retirement headlines
The National Center for Policy Analysis creates a calculator that shows 401(k) participants the savings lost from taking a plan loan, revealing that a 35-year-old that borrows $30,000 over five years actually loses more than $190,000 in the process. (Could the new tool be a shout out?)