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Employers get until Dec. 5 to file ACA's reinsurance fee forms

By: Jerry Geisel

Published November 17, 2014 - 10:30am CST

Federal regulators have given employers until Dec. 5 to submit a form with information that the U.S. Department of Health and Human Services will use to calculate a “reinsurance” fee.

Court dismisses lawsuit challenging Atlanta pension reform

By: Rob Kozlowski, Pensions & Investments

Published November 13, 2014 - 2:26pm CST

A Fulton County Superior Court judge on Wednesday dismissed a lawsuit challenging the constitutionality of higher employee contributions for participants in Atlanta's three pension funds.

HHS dramatically scales back open health care exchange enrollment projection

By: Paul Demko, Modern Healthcare

Published November 10, 2014 - 2:15pm CST

The Obama administration is dramatically reducing expectations for the health care exchange open enrollment period that begins Saturday.

Washington State lawmakers urge IRS to ease direct primary plan regulations

By: Joanne Wojcik

Published November 09, 2014 - 6:00am CST

Lawmakers from the state of Washington are asking federal regulators to allow employers to offer direct primary care plans in conjunction with health savings account-qualified high-deductible health plans.

IRS’ lack of definitive drugs list has firms fully covering maintenance meds

By: Joanne Wojcik

Published November 09, 2014 - 6:00am CST

More and more employers are covering maintenance medications at 100% in health savings account-qualified high-deductible health plans, despite IRS rules that limit such coverage only to preventive medicines and medical services.

Power shift in Congress sets stage for amendments to health care reform law

By: Jerry Geisel

Published November 09, 2014 - 6:00am CST

After strong Republican gains in last week's midterm elections, the stage now appears set for a bipartisan effort to amend the nation's landmark health care reform law.

Q&A: Sibyl Bogardus, Hub International Ltd.

Published November 09, 2014 - 6:00am CST

Sibyl Bogardus is Hub International Ltd.'s Salt Lake City-based chief compliance officer for the Western region, and is a nationally recognized expert in employee benefits regulation. Recently, she spoke with Business Insurance Associate Editor Matt Dunning about key compliance issues facing benefit managers in the coming months. Edited excerpts follow.

Republican control of Senate opens door to health reform law amendments

By: Jerry Geisel

Published November 05, 2014 - 2:39pm CST

Legislative action and passage of measures to amend the health care reform law are certain in the wake of Tuesday's congressional elections in which Republicans regained control of the Senate.

Japanese firm to pay PBGC $39.5M for pension in U.S. subsidiary's bankruptcy

By: Jerry Geisel

Published November 05, 2014 - 10:07am CST

The Pension Benefit Guaranty Corp. said Asahi Tec Corp., a Japanese metal casting and forging company, will pay the agency $39.5 million, settling a long-running legal dispute involving the pension plan of Asahi Tec subsidiary Metaldyne Corp.

Judge allows Honeywell wellness penalties to stand during EEOC lawsuit

By: Matt Dunning

Published November 04, 2014 - 10:21am CST

A federal judge has rejected the EEOC's request for an order temporarily barring Honeywell International Inc. from penalizing workers who refused to participate in its workplace wellness program.

Health plans that fail ACA minimum value test to get one-year pass: IRS

By: Jerry Geisel

Published November 04, 2014 - 10:18am CST

Group health care plans that do not provide coverage for hospital care will not pass the health care reform law's “minimum value” test, but the Internal Revenue Service is giving a one-year pass to existing or soon to be implemented plans excluding the coverage.

New York workers comp assessment rate dropping in 2015

By: Stephanie Goldberg

Published November 03, 2014 - 11:28am CST

New York's workers compensation assessment rate will drop to 13.2% as of 2015, Gov. Andrew Cuomo said.

Supreme Court won't hear Obamacare subsidy case for now

By: Lisa Schencker, Modern Healthcare

Published November 03, 2014 - 10:30am CST

The U.S. Supreme Court will not hear King v. Burwell — a case with the potential to sink the nation's new health care law — at least for now.

Q&A: Robert Dubraski, Dubraski & Associates Insurance Services L.L.C.

Published October 29, 2014 - 1:24pm CST

Robert J. Dubraski is president and CEO of Dubraski & Associates Insurance Services L.L.C. in San Diego, an insurance brokerage that specializes in serving the health care industry across all lines of business. He spoke with Business Insurance Senior Editor Judy Greenwald about risk management issues facing the health care industry. Edited excerpts follow.

Captives may help with emerging Ebola, cyber risks

By: Sheena Harrison

Published October 27, 2014 - 5:42pm CST

Captives can be a useful tool to help insure and manage emerging threats in the health care industry, such as cyber risks and the Ebola virus, a panel of captive and health care industry experts said Monday.

Open enrollment dominated by frustration over health care reform compliance

By: Matt Dunning

Published October 26, 2014 - 6:00am CST

Fall open enrollment for the 2015 group health plan year is being dominated by employer frustration and uncertainty about implementing coverage and IRS reporting requirements under the health care reform law's employer coverage mandate.

Pennsylvania curbs physician prescription drug dispensing and repackaging

By: Stephanie Goldberg

Published October 26, 2014 - 6:00am CST

Pennsylvania is the latest state taking action to limit physician dispensing and drug repackaging to control workers compensation costs and ensure better claimant outcomes.

Deferred annuity tax hurdle cleared

By: Jerry Geisel

Published October 26, 2014 - 6:00am CST

A recent U.S. Treasury Department regulation cleared an obstacle for retirees wanting to use a chunk of their defined contribution plan accounts to purchase retirement annuities that don't pay monthly benefits until long after they have retired.

Group takes on Medicare rules to promote value-based plan designs

By: Joanne Wojcik

Published October 26, 2014 - 6:00am CST

A Washington-based employer benefits lobbying organization is seeking changes to the Medicare Prescription Drug, Improvement, and Modernization Act that would make it easier for companies to implement value-based insurance designs in high-deductible health care plans with health savings accounts.

IRS allows use of annuities in target-date fund series

By: Robert Steyer, Pensions & Investments

Published October 24, 2014 - 3:33pm CST

The Internal Revenue Service on Friday said defined contribution plans’ use of a target-date fund series containing deferred annuities won’t violate IRS rules against DC plans discriminating in favor of higher paid employees, as long as other IRS guidelines are followed.

Senators want rules on corporate pension de-risking

By: Jerry Geisel

Published October 23, 2014 - 1:36pm CST

The chairmen of two Senate committees are asking the heads of several federal agencies to develop guidance on one of the hottest defined benefit pension plan trends: employer moves to “de-risk” the plans.

IRS announces maximum 401(k) plan contribution limits for 2015

By: Jerry Geisel

Published October 23, 2014 - 9:55am CST

The maximum contribution that can be made to 401(k) plans in 2015 will rise to $18,000, up from the current $17,500 limit, the Internal Revenue Service announced Thursday.

New Orleans mayor creates pension reform group to sustain firefighters plan

By: Rob Kozlowski, Pensions & Investments

Published October 22, 2014 - 12:48pm CST

New Orleans Mayor Mitch Landrieu signed an executive order establishing a pension reform working group to recommend changes to the New Orleans Fire Fighters Pension & Relief Fund.

BROKER BEAT Video: Woodruff-Sawyer & Co.

Published October 21, 2014 - 4:42pm CST

Business Insurance Associate Editor Bill Kenealy speaks with Priya Huskins, Senior Vice President of Woodruff-Sawyer & Co., about Bay area D&O buyers, big data and regulation.

McConnell's claims on Kentucky exchange, Obamacare baffle experts

By: Darius Tahir, Modern Healthcare

Published October 21, 2014 - 9:59am CST

Senate Minority Leader Mitch McConnell, R-Ky., has made a habit of saying that repealing the ACA would not necessarily mean shutting down Kentucky's popular insurance exchange.

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