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Articles by Jerry Geisel

Employers Adding Automatic Enrollment to DC Plans: Aon Hewitt

January 26, 2012
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Under automatic enrollment, employees who don't respond to participation notices are enrolled automatically in a plan unless they notify their employers that they want to opt out.
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Worker Optimism About Retirement Security Grows: Towers Watson

January 19, 2012
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One factor boosting employees' confidence level is the growth in many employees' 401(k) account balances, according to the study.
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Mercer Taps Julio Portalatin as President and CEO

January 18, 2012
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Portalatin, 52, is an AIG senior vice president and president and CEO of AIG unit Chartis Growth Economies, with responsibility for operations in the Asia/Pacific, South Asia, Latin America, Africa, the Middle East and Central Europe regions.
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Google Gets Tentative OK to Fund Benefit Risks Through Hawaii Captive

January 17, 2012
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The Mountain View, Calif.-based search engine and technology giant wants to use Imi Assurance Inc. to reinsure life, accidental death and dismemberment, and long-term disability policies written by Prudential Insurance Co. of America.Imi was licensed by Hawaii regulators in December 2010 and is authorized to write property and casualty coverage.
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U.S. Health Care Spending Totaled Nearly $2.6 Trillion in 2010

January 9, 2012
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In 2010, total U.S. health care spending hit $2.593 trillion, or $8,402 per person. While a record, expenditures rose only 3.9 percent in 2010, up slightly from a 3.8 percent increase in 2009, according to statistics compiled by researchers at the Centers for Medicare & Medicaid Services.
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Law Barring Legal Immigrants from Massachusetts Health Care Program Unconstitutional

January 6, 2012
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The U.S. Census Bureau reported in September that at 5 percent—averaged over 2009 and 2010—Massachusetts had the lowest uninsured rate of any U.S. state.
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IRS Issues Guidance on Reporting Health Cover Costs on Employees' W-2s

January 4, 2012
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The latest information makes clear that employers can—but are not required to—report contributions to health reimbursement arrangements in calculating health care costs.
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Funded Status of Pension Plans Falls for Second Year: Mercer

January 4, 2012
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In the aggregate, the plans' funding deficit hit $484 billion as of Dec. 31, 2011, up from $315 billion a year earlier and $229 billion as of Dec. 31, 2009.
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Women Less Likely to Receive Employer Health Coverage as Employees: Analysis

December 19, 2011
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Last year, 35 percent of women age 18 through 64 had coverage through their employer, down from 38 percent in 2008, the Kaiser Family Foundation analysis released Dec. 19 found.
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