Subjecting retiree health care plans to the fee 'may lead employers to cease offering this very valuable benefit, particularly since such coverage would likely become more expensive by virtue of the application of' the fee, the American Benefits Council stated recently.Read More
A smaller reduction in the number of uninsured could negatively affect employers as the amount of uncompensated care—a cost that health care providers now try to shift in the form of higher charges to patients with health insurance—will not decline as much as providers had initially hoped.Read More
The findings are similar to those last month from the International Foundation of Employee Benefit Plans, which found that 85 percent of respondents said they definitely would or were very likely to continue coverage.Read More
Employers will continue to value plan liabilities based on interest rates on top-rated corporate bonds for three different segments, averaged over 24 months. Segments refer to when benefits are paid to participants.Read More
With Democrats controlling the Senate, the bill is unlikely to advance further. In addition, if a repeal measure cleared Congress, President Barack Obama would veto it, the White House said this week.Read More
The airline and parent company AMR said they never promised to provide benefits for life and reserved their rights to modify the plans.
Since Jan. 1, the maximum contribution limit has been $125 a month.Read More
The Senate did not take up the repeal bill and it is unlikely that the Senate, where Democrats are in the majority, would do so this time.
The U.S. Supreme Court ruled that the Patient Protection and Affordable Care Act is constitutional, handing President Barack Obama a major election-year victory and shunning 26 states that had sought to overturn the reform law.Read More
If the entire law is struck down, the result—at least in the short run—will be mass uncertainty, benefit experts say.Read More