For immediate release: (St. Louis, Missouri – August 7, 2011) – J.W. Terrill has been recognized on Business Insurance magazine’s list of the “100 Largest Brokers of U.S. Business.” The survey, based on 2010 brokerage revenues, demonstrates the success of J.W. Terrill’s commitment to delivering high-value risk management expertise, services, and products. “It is an [...]
May 10, 2012
2013 HSA Amounts
On April 27, 2012 the IRS release Rev.Proc. 2012-26 that provides for the 2013 inflation adjusted amounts for health savings accounts (HSAs) as determined under IRC 223. The 2013 amounts are summarized below: Maximum Annual Contribution Limits – Single $3,250 Family $6,450 Catch-up Contribution Limit – $1,000 Minimum Annual Deductible – Single $1,250 Family $2,500 [...]
April 24, 2012
NLRB Required Posting Temporarily Enjoined
On April 17, 2012, the National Labor Relations Board (NLRB) rule that would have required employers to post a notice of employees’ right to form a union, has been blocked by a federal appeals court due to conflicting decisions at the district court level. The conflicting court decisions are as follows: In March 2012, the [...]
April 19, 2012
Medicare Premiums: Rules For Higher-Income Beneficiaries
As we all return from spring break and tax time concentrates our focus, I thought I’d pass along some helpful information on Medicare Part B premiums. If you or someone you know is on Medicare and this year’s tax return will show a lower income than last, this information will be particularly useful. Please click [...]
April 11, 2012
The Expanding Landscape of Defined Contributions in Healthcare
“Defined Benefit” and “Defined Contribution” are terms that have historically been used in conjunction with retirement plans. Defined benefit retirement plans afford employees with a pre-defined monthly benefit at retirement; however the employer assumes the market risk in meeting the obligation to the employee. History of Defined Contribution Retirement Plans Defined benefit retirement plans became [...]
April 11, 2012
Introducing the lastest acronym ACO
In 2012 Accountable Care Organizations (ACO) were established due to the Patient Protection and Accountable Care Act (ACA) being signed by President Obama. Medicare and Medicaid Services (CMS) are to create Medicare Shared Savings program (MSSP), which allows for the establishment of ACO contracts with Medicare. An ACO is a network of doctors and hospitals [...]
March 29, 2012
OSHA Publishes Final Rule on Hazard Communication
On March 26th, OSHA published the final rule for its new Hazard Communication Standard, known as HazCom 2012. The intent of the new standard is to align the hazard communication standard much more closely to the Global Harmonized System as established by the United Nations. The benefits of HazCom 2012 include greater consistency of hazard information, increased [...]
March 6, 2012
What is the TAIA and why is it so important?
The Tax Anti-Injunction Act, enacted in 1867, prohibits a law suit from being brought to bear against any tax prior to a prospective plaintiff having incurred said tax. So why is a 145 year old law potentially so important today? Simple the upcoming U.S. Supreme Court case, U.S. Department of Health and Human Services v. [...]
February 10, 2012
President Amends Birth Control Policy
Facing growing criticism President Obama announced on Friday, February 10th an amended policy on the birth control mandate. Under the new announced policy, religious employers (and affiliated institutions) will not be required to offer contraception and will not have to refer their employees to places that provide it. Instead, the employer’s insurance company must provide birth [...]
February 10, 2012
Final Regulations on Summary of Benefits and Coverage Released
On February 9, 2012 the Departments of Labor, Treasury and Health & Human Services released the final regulations under Affordable Care Act (ACA) that require health insurers and group health plans to provide information about health plan benefits and coverage to those with private health coverage. According to regulators these rules will ensure consumers have [...]
February 2, 2012
House Repeals CLASS Act 267-159
On Wednesday evening members of the House voted 267-159 to repeal the Community Living Assistance Services and Supports (CLASS) program. 28 Democrats joined Republicans in support of repealing the voluntary long-term healthcare program established in the 2010 health reform law. The CLASS Act establishes a national, voluntary long-term care program. The program was to go [...]
Contributors
InsuranceNewsNet.com
- Glenn Neasham Case
- Today’s Consumers Get Education About Today’s Health Insurance Hardships Through HealthCompare’s Infographics
- people in business [Telegraph-Herald (Dubuque, IA)]
- DTCC’s Global Trade Repository to Open Data Centre in Singapore to Promote OTC Derivatives Reporting
- The Griffith Insurance Education Foundation - Seminar
- Uninsured motorists get new warning [Daily News, Bowling Green, Ky.]
- Dispensing firms gave heavily to Hee's campaign [The Honolulu Star-Advertiser]
- Same pill, bigger bill [The Honolulu Star-Advertiser]
- Cafegency in Greensboro isn't your typical coffee shop [News & Record, Greensboro, N.C.]
- Pa. Stacks The Deck For Health Insurance Rate Hikes
August 7, 2011
0 Comments