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Financial Impact

Hewitt Analysis Says Group Health Costs Projected to Rise 8.8 Percent in 2011

September 28, 2010
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The study is based on information from 325 large employers, which mainly self-fund their health care programs.
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Kelly Strikes New Deal With Nissan

September 23, 2010
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The staffing firm had already been acting as managed service provider for Nissan North America. The extension calls for Kelly to provide recruitment process outsourcing as well.
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Labor Department Guidance Clarifies Health Care Law

September 22, 2010
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Reacting to the guidance, one expert said it means that ‘employers will be able to continue to impose their own requirements.’
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Bloomberg Freezes New York Hiring as Layoffs Become Likely

September 22, 2010
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In a couple of years, one out of every eight dollars the city spends will go to providing health care benefits to retirees, says one leading administrator.
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Census Bureau Reports Number of Uninsured Tops 50 Million

September 16, 2010
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The percentage of people covered through employer-sponsored plans fell to 55.8 percent in 2009 from 58.5 percent in 2008, also a record low.
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Staffing Firm Owner Accused of Forced Labor on Hawaii Farms

September 8, 2010
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Workers had their passports confiscated and were allegedly threatened with arrest and being sent back to Thailand if they did not comply, according to the indictment. In Thailand, the workers would have faced recruitment debts they could not pay off.
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IRS Says Flexible Spending Accounts Cant Reimburse OTC Drugs Without Prescription

September 8, 2010
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The rules issued September 3 involve a section of the health care reform law that sharply restricts FSA reimbursements for over-the-counter medications such as nonprescription pain relievers, cold medicines, antacids and allergy medications.
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HHS Lists Approvals for Early Retiree Reimbursements

September 1, 2010
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Approved applicants can begin submitting claims later this month for health care bills incurred on June 1 or later. The government will begin issuing reimbursement checks in October.
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Survey Notes More Health Care Costs Will Shift to Employees

August 26, 2010
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The survey also details how expensive COBRA health care continuation coverage has become. For example, this year the median monthly COBRA premium charged for single coverage in a preferred provider organization plan was $449, while the median monthly premium for family coverage was $1,310.
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Court OKs Bias Suit by Worker Who Was Demoted, Replaced

August 25, 2010
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The plaintiff filed suit in May 2008 alleging that the school district she worked for violated the Age Discrimination in Employment Act.
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