Retiree Health Care
Retiree Health Care News, Articles, Blogs, Webinars, White Papers & Events. Human Resources Management featuring HR news on Retiree Health Care.
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HHS Releases Application for Early Retiree Reimbursements
… reimbursement of claims incurred by enrollees in early retiree health care plans. Under the Early Retiree Reinsurance Program ..... way to encourage employers to continue their early retiree health care plans until at least 2014. That is when many key …
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Early Retiree Reimbursement Approvals Updated Weekly
… unions, state and local governments and other early retiree health care plan sponsors already have been approved to receive ..... will reimburse employers and other sponsors of early retiree health care plans for a portion of claims incurred starting June …
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Coca-Cola Gets Final OK for Retiree Health Funding Plan
… Department for its groundbreaking approach to funding retiree health care benefits through a special trust and Coca-Colaâ ..... that the Department of Labor has authorized our VEBA retiree health care benefits funding proposal. We will await the private …
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Retiree Health Coverage An Endangered Species
… its $68 billion employee and retiree health care obligations â the source of ..... employers today offer a defined retiree health care benefit to new employees, the ..... employers that have eliminated retiree health care benefits for new hires and …
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Few Public-Sector Employers Pre-Fund Retiree Health Plans
… governments are pre-funding their retiree health care plans, which could have liabilities ..... sector employers pre-fund retiree health care benefits . One reason, the ..... fewer restrictions in cutting retiree health care benefitsâ compared with pension …
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New GM Slogan Viva the VEBA
… some $51 billion in unfunded retiree health care benefit obligations from its balance ..... it will continue paying for retiree health care through the end of 2009, at ..... consider similar arrangements on retiree health care in the contracts it will now negotiate …
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UAW-GM Deal Based On Unrealistic Cost Forecasts
… the precariousness of future retiree health care benefits. On one hand, analysts ..... independent trust to manage retiree health care is the best deal the union could ..... UAWâ s ability to pay for retiree health care for the next 80 years, as union …
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Health Plan Advisors’ Role Is Expanding
… retiree health benefits highlights the growing role that outside advisors will play as employers divest themselves of retiree health care obligations Stepping into the employerâ s role as health care advisors are companies like Extend Health, which …
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Department of Labor Tentatively Denies Coca-Cola Retiree Benefit Proposal
… continue to seek regulatory approval of its innovative retiree health care benefits funding proposal after a tentative Labor ..... potentially could be a groundbreaking approach to fund retiree health care benefits . Under its plan, the company would use …
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Chrysler-UAW Agreement Said to Give Union 55 Percent Stake
… chiefs late Monday, April 27, unanimously approved labor concessions that would cut Chryslerâ s cash payments to a retiree health care trust in exchange for 55 percent of the equity in the planned Chrysler-Fiat partnership, a source familiar with …
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Chrysler, UAW Reach Agreement, Boosting Prospects for Fiat Alliance
… Chryslerâ s financial obligations to the unionâ s retiree health care plan and comes four days before a U.S. deadline ..... to additional concessions to the $10.6 billion retiree health care trust, or voluntary employee beneficiary association …
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House Panel OKs Bill to Ease FSA ‘Use-It-or-Lose-It' Rule
… yet eligible for Medicare to withdraw funds tax-free from their health savings accounts to pay premiums in early retiree health care plans offered by their former employers. Generally, tax-free withdrawals from HSAs are only allowed to pay for …
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Supreme Court Will Rule on Health Care Reform Law on June 28
… least in the short run—will be mass uncertainty, benefit experts say. For example, employers and other early retiree health care plan sponsors will want to know if they will have to return $5 billion in claims reimbursement they received from …
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U.S. Awaits Supreme Court's Ruling on Health Care Reform Law
… least in the short run—will be mass uncertainty, benefit experts say. For example, employers and other early retiree health care plan sponsors will want to know if they will have to return $5 billion in claims reimbursement they received from …
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Self-Funded Employers Will Pay Billions for High-Cost Coverage
… Medicare Advantage and Medicare Part D prescription drug plans. Benefit experts say the fee also will apply to retiree health care plans, as well as to health reimbursement arrangements. But it is unclear how the fee would be assessed when HRAs …
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Supreme Court Upholds Health Care Reform Law
… will have to worry about issues that would have erupted had it been overturned. For example, employers with early retiree health care plans no longer have to worry about returning to the federal government claims reimbursement money from a $5 billion …
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Michigan Teacher Funding of Retiree Health Benefits Violates Employment Rights: Court
A 2010 Michigan law that requires state teachers to pay three percent of their salaries to help fund retiree health care benefits violates their constitutional rights, the Michigan Court of Appeals ruled last week. "The statute violates …
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How Companies Fund Retiree Medical Benefits
… Marwick study reported that retiree health - care coverage has been increasing ..... for the companies that offer retiree health - care benefits. "Only 20% of ..... the seriousness of GM's retiree - health - care -cost problem." Since that …
