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Health exchange subsidy ruling by Supreme Court may spur action in Congress

By: Jerry Geisel

Published March 15, 2015 - 6:00am CST

A U.S. Supreme Court decision striking down premium subsidies for millions of people obtaining health insurance through the federal exchange could result in the first major bipartisan congressional effort to change the health care reform law.

2015 Risk Management Summit highlights cyber terrorism, international risk

Published March 15, 2015 - 6:00am CST

In our latest In Focus video, senior risk managers, leaders and innovators convene for the Business Insurance two-day networking and educational conference in New York City.

Chicago mayor seeks to phase in higher pension payments

Published March 13, 2015 - 3:49pm CST

(Reuters) — Chicago Mayor Rahm Emanuel on Friday called for phasing in higher, state-mandated payments to city pension funds to avoid a shock to the city’s budget and a big property tax hike.

Illinois solicitor general says pension clause can be 'altered'

By: Meaghan Kilroy, Pensions & Investments

Published March 12, 2015 - 12:58pm CST

Oral arguments over the constitutionality of Illinois' 2013 pension reform law began at the Illinois Supreme Court on Wednesday afternoon.

Multiemployer benefit cuts will be deeper, PBGC study says

By: Hazel Bradford, Pensions & Investments

Published March 11, 2015 - 4:03pm CST

More than half of multiemployer plan participants will have their benefits reduced when their plans become insolvent and rely on government guarantees in the near future, said a study released Wednesday by the Pension Benefit Guaranty Corp.

California pension reform measure to target CalPERS

Published March 11, 2015 - 3:25pm CST

(Reuters) — A ballot measure campaign to cut California's public pensions will be launched in May by a coalition of politicians and business people led by former San Jose Mayor Chuck Reed, with the state's largest retirement system a prime target.

Most states are funding their pensions, study finds

By: Hazel Bradford, Pensions & Investments

Published March 11, 2015 - 2:41pm CST

Most governments made good-faith efforts to fund their pension plans, and only a few “severely neglected” their funding responsibilities, said a new study released Wednesday by the National Association of State Retirement Administrators.

Illinois Supreme Court to hear oral arguments on landmark pension reform law

By: Meaghan Kilroy, Pensions & Investments

Published March 11, 2015 - 1:57pm CST

The Illinois Supreme Court will hear oral arguments on the constitutionality of Illinois’ pension reform law Wednesday afternoon.

Almost 11.7 million covered through government health insurance exchanges

By: Jerry Geisel

Published March 11, 2015 - 12:19pm CST

Nearly 11.7 million people selected plans in the federal and state health insurance exchanges during the 2015 open season, the U.S. Department of Health and Services reported, a big jump over last year's enrollment.

Employers must disclose pension de-risking efforts to PBGC

By: Jerry Geisel

Published March 11, 2015 - 10:55am CST

Employers that “de-risk” their pension plans now have to disclose risk transfer information to the Pension Benefit Guaranty Corp. as part of paying their annual pension insurance premiums to the federal agency.

Congressional Budget Office cuts estimates for health reform costs

Published March 09, 2015 - 2:42pm CST

(Reuters) — U.S. Congressional forecasters on Monday once again cut their estimate of health care reform insurance coverage costs.

Supreme Court revives Notre Dame's contraception objections

Published March 09, 2015 - 2:04pm CST

(Reuters) — The U.S. Supreme Court on Monday revived the University of Notre Dame's religious objections to the requirement for contraception coverage under President Barack Obama's health care law.

Few states likely to set up health exchanges to save subsidies

By: Paul Demko, Modern Healthcare

Published March 06, 2015 - 2:34pm CST

During oral arguments before the U.S. Supreme Court on Wednesday in King v. Burwell, Justice Samuel Alito suggested that there is a relatively simple fix to the problem of residents in up to 37 states that haven't established their own exchanges potentially losing access to premium subsidies.

Hospitals optimistic they'll dodge bullet with health subsidy ruling

Published March 05, 2015 - 1:14pm CST

(Reuters) — U.S. hospital executives said on Wednesday they were optimistic they will avoid the toughest consequences of a U.S. Supreme Court decision on whether millions of Americans can continue to purchase subsidized health benefits under the Patient Protection and Affordable Care Act.

Health insurers bank on fix if premium subsidies thrown out

By: Bob Herman, Modern Healthcare

Published March 05, 2015 - 9:13am CST

Health insurers are counting on policymakers to craft a workaround to keep federal health premium subsidies flowing to low- and moderate-income Americans if the U.S. Supreme Court rules against the Obama administration.

Supreme Court divided over health care reform challenge

Published March 04, 2015 - 10:32am CST

(Reuters) — The U.S. Supreme Court appeared divided on ideological lines on Wednesday as it heard a second major challenge to President Barack Obama's health care law targeting tax subsidies intended to help people afford insurance.

States consider workers compensation reform

By: Sheena Harrison

Published March 01, 2015 - 6:00am CST

Illinois and Wisconsin are expected to lead the way in state legislation proposed in 2015 to reduce workers compensation system costs, though sweeping comp reforms are not expected in most states this year.

Tennessee considering workers comp opt-out

By: Stephanie Goldberg

Published March 01, 2015 - 6:00am CST

Backers hope Tennessee becomes the third state to allow employers to opt out of the state's workers compensation system, but experts expect most employers would stay in the system to realize savings from recent reforms.

Tennessee Employee Injury Benefit Alternative raises safety concerns

By: Stephanie Goldberg

Published March 01, 2015 - 6:00am CST

The Tennessee Employee Injury Benefit Alternative triggers questions about how it would affect workplace safety.

New same-sex marriage rules simplify FMLA benefits for employers

By: Matt Dunning

Published March 01, 2015 - 6:00am CST

New regulations mandating federal emergency leave for all married same-sex couples may require employers to revise their policies and provide additional training, but it also should provide some administrative relief for benefit managers and human resources professionals.

IRS rules on health reform excise tax may lead to rethink of group plan design

By: Jerry Geisel

Published March 01, 2015 - 6:00am CST

Many employers are likely to redesign the fastest growing group health plan design — high-deductible plans linked to health savings accounts — in the wake of forthcoming Internal Revenue Service regulations.

IRS lays out thinking related to areas of health reform law's excise tax

By: Jerry Geisel

Published March 01, 2015 - 6:00am CST

In its notice about upcoming rules to implement the “Cadillac” tax on high-cost health plans in 2018, the IRS laid out its thinking related to several areas of the health care reform law's excise tax.

Missouri House bill seeks prescription drug monitoring

By: Stephanie Goldberg

Published February 27, 2015 - 1:26pm CST

The Missouri House of Representatives has passed a bill to enact a statewide prescription drug monitoring program.

Replacing health reform law a conundrum for conservatives

By: Paul Demko, Modern Healthcare

Published February 27, 2015 - 9:07am CST

The Patient Protection and Affordable Care Act inspired the usual red-meat rhetoric at the Conservative Political Action Conference just outside Washington on Thursday.

Actuaries urge leeway to change health plan rates if subsidies killed

By: Bob Herman, Modern Healthcare

Published February 26, 2015 - 8:53am CST

Health insurance actuaries are pushing the U.S. Department of Health and Human Services to allow plans to revise their rates for 2016 coverage if the U.S. Supreme Court invalidates the Patient Protection and Affordable Care Act's premium subsidies in federally run exchanges.

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