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interbiznet Bugler
July 07, 2011 |
In The News
The Value of Values, the European Baha'i Business Forum (ebbf) and the Global Ethics Forum offer key principles for a new successful paradigm of business.
Boyden Global Executive Search Expands Miami Team: Tom Connelly, a veteran travel and tourism expert joins Boyden Global Executive Search's Miami office. Connelly will further boost Boyden's link to travel industry in Latin America.
Mercer completes acquisition of Evaluation Associates, further strengthening its US investment consulting position
Marsh & McLennan Companies Releases First Comprehensive Corporate Citizenship Report
Dynamic Aviation, a leading provider of innovative aviation solutions to government and commercial organizations worldwide, boosts Recruitment to support growing customer needs.
hhgregg announces 700 Job Openings for 14 New Stores in Chicago Area
CareCore National has announced that they are partnering with the UAW Retiree Medical Benefits Trust to administer a radiology benefits management solution for Trust management.
Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its second quarter 2011 financial results on Thursday, August 4, 2011.
Despite outsourcing trends and a slow job market, CareerBliss data shows an increase in demand for U.S-based Customer Service Representatives.
Survey Says . . .
Early Retirees Face One More Financial Squeeze When Feds End Employer Retiree Health Care Subsidies
Employers' $5 Billion Early Retiree Reinsurance Program (ERRP) subsidy ends in 2013. Self-funded employers are weighing the effects on retiree benefits.
In just a few short years, the baby boomer generation will be facing another financial challenge as the $5 billion Early Retiree Reinsurance Program (ERRP), funded under the Affordable Care Act, expires in 2013, to be followed by health insurance exchanges for individual coverage. Self-funded employers have used the subsidy program to help defray the costs of premiums for those retirees in the 55-64 year old segment. The subsidy program was quickly embraced by employers and ERRP stopped taking new applications in May.
"retirees can anticipate increased cost sharing of early retirement benefits once the subsidy runs out"
A new survey from HighRoads, the industry leader in health care regulation and compliance, shows employers are not planning any short-term changes but 79% of those surveyed did take advantage of the subsidy-- an indication they will be re-evaluating costs once the subsidy expires. (read more)
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