Business Insurance

Login  |  Register Subscribe



Benefits Legislation & Regulation Subscribe to RSS feed for 'Benefits Legislation & Regulation'

House approves bill defining full-time employees as those working 40 hours

By: Jerry Geisel

Published September 19, 2014 - 3:24pm CST

For the second time this year, the House of Representatives approved legislation to ease the health care reform law’s definition of a full-time employee by changing it to those working an average of at least 40 hours per week, shielding more employers from a stiff financial penalty imposed by the law.

Insurance groups hail House approval of capital standards bill

By: Mark A. Hofmann

Published September 17, 2014 - 11:43am CST

Insurance groups are welcoming the House's approval on Tuesday of legislation that would give the Federal Reserve more leeway in determining accounting standards.

App developers seek clearer U.S. health data privacy guidelines

Published September 16, 2014 - 8:49am CST

(Reuters) — Developers of apps for mobile devices are asking a U.S. agency to clarify its rules for protecting patient health information to reflect the fast-evolving technology.

2013 California workers comp reforms will define market for years to come

By: Bill Kenealy

Published September 14, 2014 - 6:00am CST

DANA POINT, Calif. — Legislative actions at the state and federal level will continue to define the California workers compensation market for years to come, according to experts monitoring the effect of recent workers comp reforms in the state.

Marietta, Georgia, extends pension benefits to married same-sex couples

By: Matt Dunning

Published September 12, 2014 - 2:25pm CST

The city of Marietta, Georgia, has extended spousal benefits under its pension plan to legally wed same-sex couples.

U.K. pension funding deficit doubles in August

Published September 09, 2014 - 11:24am CST

(Reuters) — A funding shortfall in Britain's private-sector defined benefit pension plans has more than doubled over the past year to reach 170.6 billion ($278.54 billion) at the end of August.

Appeals court upholds gay marriage rights in Indiana, Wisconsin

By: Matt Dunning

Published September 04, 2014 - 5:16pm CST

The 7th U.S. Circuit Court of Appeals in Chicago ruled unanimously Thursday in favor of gay and lesbian couples seeking equal marriage rights and benefits in Indiana and Wisconsin.

Full appeals court to review legality of premium subsidies in federal exchanges

By: Jerry Geisel

Published September 04, 2014 - 12:13pm CST

A federal appeals court Thursday agreed to review a lower court ruling striking down health care reform law premium subsidies for lower-income individuals purchasing coverage in the federal insurance exchanges.

Congress faces pressure to resolve multiemployer pension woes

By: Jerry Geisel

Published August 31, 2014 - 6:00am CST

When federal lawmakers passed the Employee Retirement Income Security Act in 1974, they put aside a key issue affecting a big slice of the pension universe: multiemployer plans.

Landmark ERISA pension reform law sees mixed results 40 years after implementation

By: Jerry Geisel

Published August 31, 2014 - 6:00am CST

Forty years after President Gerald Ford signed the first comprehensive pension reform bill into law, the Employee Retirement Income Security Act has produced successes and failures.

Florida exclusive remedy ruling may upend workers compensation system

By: Sheena Harrison

Published August 31, 2014 - 6:00am CST

Injured workers in Florida might be able to receive both workers compensation benefits and civil liability damages should an appeal filed last week by the Florida attorney general's office.

GALLERY: ERISA timeline

Published August 31, 2014 - 6:00am CST

Since ERISA was enacted 40 years ago, lawmakers have made numerous changes to the statute. This slideshow chronicles some key revisions and amendments.

IRS issues draft copies of health care coverage reporting forms

By: Jerry Geisel

Published August 29, 2014 - 2:54pm CST

The Internal Revenue Service has issued draft copies of the health care coverage forms employers will have to provide to full-time employees and to the IRS starting in 2016.

Flexible spending account cap expected to rise in 2015

By: Jerry Geisel

Published August 29, 2014 - 2:49pm CST

The maximum contribution employees will be able to make to their flexible spending accounts is expected to rise in 2015 by $50 to $2,550, according to Buck Consultants at Xerox calculations.

Washington health exchange plans double; average rates rise 1.9%

By: Rachel Landen, Modern Healthcare

Published August 28, 2014 - 2:35pm CST

Consumers in Washington state will have more choices in health plans next year and at rates lower than initially proposed, according to information made public by the state's Office of the Insurance Commissioner.

Cincinnati to cover employee gender reassignment surgery

By: Matt Dunning

Published August 28, 2014 - 1:20pm CST

Cincinnati will offer coverage for medically necessary transgender procedures under its employee health care plans beginning in 2015, according to city officials.

HealthCare.gov to be run by Connecticut exchange leader

By: Darius Tahir, Modern Healthcare

Published August 26, 2014 - 3:57pm CST

The leader of one of the most successful state-based insurance exchanges will head to Washington to become CEO of the federal marketplace. The CMS named Connecticut's Kevin Counihan to the newly created post on Tuesday.

NCCI proposes 2.5% workers comp rate decrease for Florida in 2015

By: Stephanie Goldberg

Published August 26, 2014 - 12:25pm CST

The National Council on Compensation Insurance Inc. has proposed a statewide workers compensation rate decrease in Florida for the first time in four years, the Florida Office of Insurance Regulation said.

Obama administration floats new prescription contraceptive rules

By: Jerry Geisel

Published August 22, 2014 - 3:09pm CST

The Obama administration sought to end a long-running controversy by proposing new ways to enable employees of nonprofit religiously affiliated organizations for prescription contraceptives.

Judge strikes down Florida ban on same-sex marriage

By: Matt Dunning

Published August 22, 2014 - 12:13pm CST

A federal judge has struck down Florida's ban on same-sex marriage.

West Palm Beach, Fla., contractors must offer domestic partner benefits

By: Matt Dunning

Published August 19, 2014 - 3:02pm CST

City commissioners in West Palm Beach, Florida, on Monday unanimously approved an ordinance requiring private companies that contract with the city to provide equal benefits for domestic partners.

Oklahoma firms consider private coverage in wake of landmark workers comp law

By: Stephanie Goldberg

Published August 17, 2014 - 6:00am CST

At least seven Oklahoma employers have opted out of the state's workers comp system since a new law went into effect, and more are considering the move to private coverage allowed under the landmark legislation.

New federal pension law delays higher employer contributions until 2018

By: Jerry Geisel

Published August 17, 2014 - 6:00am CST

Employers can reduce their contributions to employee pension plans this year thanks to a new federal law allowing them to assume higher interest rates in valuing the size of their defined benefit plan liabilities.

Oklahoma’s new administrative system cuts number of disputed workers comp cases

By: Stephanie Goldberg

Published August 17, 2014 - 6:00am CST

As part of a new law that allows certain Oklahoma employers to opt out of the state's workers compensation system, a three-member Workers' Compensation Commission has been established as has an administrative dispute resolution process.

Benefits administration vendors retool to help firms comply with reporting rules

By: Joanne Wojcik

Published August 17, 2014 - 6:00am CST

Providers of benefits administration outsourcing services are scrambling to help employers comply with upcoming tax reporting requirements of the Patient Protection and Affordable Care Act, but few can transmit that information directly to the IRS.

More »