Insurance

Your compensation & benefits questions answered

10/20/2009

Here’s a roundup of timely questions posed by readers of HR Specialist’s Compensation & Benefits newsletter. You’ll find answers on such hot topics as health insurance opt-out bonuses, differing pay structures for similar work, unemployment benefits for furloughed workers and paying for travel time.

‘Invisible Bracelet’ is Oklahoma’s newest benefit

10/16/2009

During open enrollment in October, state employees in Oklahoma had a chance to register for a new benefit that shares their health information with medical providers during an emergency via an "Invisible Bracelet." A handful of Oklahoma businesses are also signing up employees for the Invisible Bracelet as part of their health benefit.

Health insurance: Employees to pay higher portion of health benefits

10/07/2009

Premiums for employer-sponsored health insurance rose to an average $13,375 annually for family coverage this year, and employers are likely to pass even more of the cost to employees next year, according to a benchmark survey of employers. When asked about their plans for next year, 21% of employers said they are “very likely” to raise workers’ premium contributions.

A HITECH world: New law expands HIPAA enforcement power

10/05/2009

The Health Information Technology for Economic and Clinical Health (HITECH) Act, signed into law on Feb. 17, 2009, was designed to advance the use of health information technology, such as electronic health records. Among other important aspects, the HITECH Act expands the scope and enforcement power of HIPAA, with greater penalties for noncompliance.

Despite docs’ best efforts, novel health plan succumbs

10/05/2009

Last year, Ohio doctors who were fed up with health insurance companies started The Physicians Assurance Corporation (TPAC). Designed to serve the employer-provided health insurance market, it featured low premiums, aggressive disease management—and an enthusiastic cadre of physicians. But TPAC lasted less than 10 months.

New health coverage rules for dependent kids start Nov. 8

10/02/2009

A new federal law takes effect Nov. 8 that extends eligibility for group health insurance coverage to some dependent children age 18 or older who are higher-education students.

‘Michelle’s Law’ kicks in Nov. 8: New health insurance rules for dependent kids

09/29/2009

A new federal law takes effect Nov. 8 that extends eligibility for group health insurance coverage to certain dependent children over age 18 who are enrolled in institutions of higher education.

EEOC takes sides in ‘the pill v. the pope’ battle

09/29/2009

The EEOC has filed suit against Belmont Abbey College, a Catholic-run institution in Belmont, claiming the college’s refusal to provide coverage for birth control in its employee health plan violates the federal Pregnancy Discrimination Act.

Poizner sues over sale of workers’ comp insurance assets

09/21/2009

Steve Poizner, the California Insurance Commissioner and Republican candidate for governor, recently filed a lawsuit seeking to stop the sale of assets in the State Compensation Insurance Fund (SCIF). He contends efforts by the Legislature and Gov. Arnold Schwarzenegger to use the funds to balance the state budget are unconstitutional.

Rebound? Compensation up, but health costs remain high

09/18/2009

A new Watson Wyatt survey says 44% of employers plan to reverse pay cuts made during the recession. That’s up from 30% in June. Also, about one-third of employers plan to unfreeze salaries, up from 17%.