by Eriksen Insurance | Apr 21, 2011 | Health Laws, Insurance Reform
Society for Human Resource Management reports: “The proposed Medical Flexible Spending Account Improvement Act (H.R. 1004), a bill that would allow employees to withdraw and pay taxes on any remaining funds in their medical flexible spending accounts (FSAs)...
by Eriksen Insurance | Apr 21, 2011 | Health Laws, Insurance Reform
Business Insurance reports: “WASHINGTON—Employers will be given until Jan. 1, 2012, to comply with certain health care reform law requirements, the Labor Department has decided. One delay involves a reform provision in which health plan enrollees have to be...
by Eriksen Insurance | Apr 21, 2011 | Health Laws, Insurance Reform
Employee Benefit News reports: ” Despite a nascent economic recovery, the momentum to reduce employee benefits isn’t waning, according to a new poll by the Society for Human Resource Management. In the last six months, 20% of employers reported that they reduced...
by Eriksen Insurance | Apr 6, 2011 | Health Laws, Illinois, Illinois Health Insurance
Treasury Secretary Timothy Geithner on March 17 named Illinois Insurance Director Michael McRaith as the first director of the Federal Insurance Office (FIO), a non-regulatory federal source of insurance expertise created by the Dodd-Frank Act. In addition to heading...
by Eriksen Insurance | Mar 31, 2011 | Health Insurance Cost, Illinois Health Insurance
Associated Press reports: “CHICAGO — While the anniversary of the Obama administration’s health law inspired events to publicize the law’s “broken promises” elsewhere, Illinois’ top insurance regulator contended consumers are...