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Articles by Jerry Geisel

Fidelity: Enrollment in Health Savings Accounts Surges

April 12, 2012
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Fidelity said April 11 that the number of health savings accounts it administered in 2011 jumped to 119,000, up 61 percent compared with 74,000 in 2010, its greatest annual increase.
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Pension Plan Funding Levels Hit Record Low in 2011: Milliman

March 29, 2012
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The market value of pension plan assets increased by about $37 billion to about $1.246 trillion in 2011. But the value of plan liabilities leaped by about $133 billion to about $1.573 trillion.
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Supreme Court Divided if Health Care Law Can Survive Without Mandate

March 28, 2012
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At issue in the final day of oral arguments on health care reform was whether the individual mandate, which requires most U.S. residents to enroll in a qualified plan or pay a financial penalty, is so intertwined with the broader law that the entire law would fall if the court rules the mandate is unconstitutional.
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Justices Ask Tough Questions on Individual Mandate

March 27, 2012
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The Obama administration, which is defending the Patient Protection and Affordable Care Act, said Congress had such authority due to its constitutional power to regulate interstate commerce.
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Survey: Health Care Reform Splits Employers

March 26, 2012
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Forty percent of employers want the high court, which is hearing oral arguments this week on the constitutionality of the Patient Protection and Affordable Care Act, to strike down the 2010 law. Still, employers are far from being united in favor of repealing it.
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Employers Get More Flexibility, No Extension in Health Care Plan Communications Rule

March 21, 2012
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Benefit experts had hoped the administration would provide another extension, but none was provided in a batch of frequently asked questions issued March 19 by the departments of Health and Human Services, Labor and Treasury.
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White House Suggestions on Funding Contraception Coverage Called 'Unworkable'

March 20, 2012
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Under one administration suggestion, TPAs could fund the coverage through rebates they receive from drug manufacturers that the TPA is not contractually liable to forward to the affiliates.
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Administration Lays Out Annual Dollar Limits on Student Health Care Plans

March 19, 2012
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Centers for Medicare and Medicaid Services said student health insurance policies must provide annual coverage limits for essential benefits of at least $500,000 for policy years beginning on or after Sept. 23, 2012, but before Jan. 1, 2014.
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Early Retiree Health Care Plan Sponsors Have to Dec. 31, 2014, to Use ERRP Funds

March 19, 2012
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Under the ERRP, early retiree health care sponsors are reimbursed for 80 percent of claims—up to $90,000—after a participant incurs $15,000 in expenses.
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