What did the average 401k and profit-sharing plans look like in 2004? The paper talks about a survey by the Profit Sharing/401k Council of America that more companies are adopting automatic enrollment for their plans, and the number of funds offered to participants is on the rise. Organizations can use...
Many employers are currently in the midst of their annual open enrollment season, when employees have an opportunity to re-enroll in existing benefit plans and choose new ones. Now, while the enrollment process is fresh in your mind, is a good time to review the process used for enrolling newly...
Deloitte Consulting LLP's 2004 Consumer-Driven Health Care Survey, released publicly in September 2004, shows about 19 percent of the 314 respondents offer a consumer-driven health care CDH plan. Of those offering CDH plans, about half of those are in their second year of offering and in that group 80 percent...
This paper reports findings on the state of job-based health insurance in spring 2005 and how it has changed during recent years. Premiums rose 9.2 percent, the first year of single-digit increases since 2000. The percentage of firms offering health benefits has fallen from 69 percent in 2000 to 60...
Acknowledging the legality of employees' automatic 401k plan enrollment with opt-out rights, first approved in 1998, the IRS has changed its official term for 401k plans - "Cash or deferred arrangements" CODA - to note the "Election" to defer cash can be "Direct or indirect." In recognition of automatic enrollments,...
The states have implemented the State Children's Health Insurance Program SCHIP in a variety of ways. This paper depicts about these choices and estimates the resulting enrollment impacts. Many widely adopted policies, including mail-in applications and twelvemonth continuous eligibility, have had limited impacts. Other policies that increase enrollment, including presumptive...
This article details the efforts that states have made to increase enrollment in Medicaid and SCHIP, and it offers recommendations for strengthening these efforts. Although barriers to enrollment and renewal still exist, states are making progress in several ways, such as simplifying eligibility procedures, using community-based application assistance and eliminating...
The U.S. benefits enrollment season is here, and employees should pay close attention when making important decisions that can affect their health, retirement and loved ones. While enrollment can sometimes be a confusing and overwhelming time, there are some guidelines and tools that can assist employees in their decision-making process....
Some employers will pay for health benefits coverage for their retired employees. For those who do not, Chapter 330, P.L. 1997, provides eligibility for enrollment in the State Health Benefits Program SHBP to certain retired local police officers and firefighters with part of the cost paid by the State. It...
Many 401k plans provide matching credits of 25%, 50% or even 100% per year, plus investment returns. That offer should be too good to pass up. Yet many employees do not take advantage of it. Low participation can also cause a plan to fail applicable non-discrimination standards. Automatic enrollment may...
WESTON, Fla. -- Ultimate Software (Nasdaq:ULTI), a leading provider of end-to-end strategic human resources, payroll, and talent management solutions, announced today that the City of Ann Arbor is achieving strategic HR gains, experiencing fiscal savings, and meeting its environmental goals since going "live" on core UltiPro, UltiPro Recruitment, and UltiPro...
HealthPass, a New York City-based non-profitagency dedicated to improving access to health coverage for small employersand sole proprietors, announced today that enrollment in its healthinsurance programs has surpassed 20,000 members. An innovative partnership between the New York Business Group on Health,the City of New York, and the health insurance industry,...
BOSTON -- OneUnited Bank, the largest Black-owned bank in the country, announced today the launch of the OneUnited Bank Summer School. The program offers free financial literacy workshops about credit and checking accounts to be held in Boston, Miami and Los Angeles in July and August. OneUnited Bank Summer School...
ALL OF us can agree on a few basic tenets of health-care reform. We want improved access to care, not just in the form of reducing the number of uninsured in the commonwealth, but also by having the medical capacity to care for everyone who needs health care services....
PALO ALTO, Calif. -- Affymax, Inc. (Nasdaq:AFFY) today announced that enrollment has been completed in the first of four Phase 3 clinical trials of its lead investigational therapy, Hematide[TM], which is being evaluated for the treatment of anemia in chronic renal failure patients. PEARL 1 (Phase 3 Evaluation of Hematide...
Company Growth Spurs Executive Team Expansion AUBURN HILLS, Mich. -- Digital Dialogue, a PSCU Financial Services company and nationwide provider of 24/7 call center operations and software solutions to credit unions, announced the addition of Tracy Blakely as director of Member Experience. In this position, Blakely's...
Customized enrollment guide outlines individual retirement realities NEWARK, N.J. -- Prudential Financial, Inc. (NYSE: PRU) has debuted its Retirement Workbook, a newly designed personalized enrollment guide that delivers simplified, reader-friendly content for participants in defined contribution plans who are transitioning to Prudential Retirement or for new hires joining...
AUSTIN, Texas -- Fitch Ratings assigns an 'AA-' rating to Long Beach Unified School District's USD (Los Angeles County, California) the district $30 million general obligation GO bonds, election of 1999, series G and $59.86 million (preliminary, subject to change) 2008 GO refunding bonds. The bonds are expected to be...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD American Airlines, which is owned by AMR Corporation (NYSE: AMR), is offering exclusive deals for customers booking meetings and conventions in Chicago. The airline, as a strategic marketing partner of the Chicago Convention & Tourism Bureau CCTB, is offering up...
High school students enrolling in the Fall2008 semester at Insight School of Colorado can earn college credits whilesimultaneously earning high school credit -- all online. Insight School of Colorado, a full-time, diploma-granting, online publichigh school, offers college credits to its students through the PathwaysProgram at Axia College of University of...
Articles 2008-07-09
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