For immediate release: (St. Louis, Missouri – February 1, 2012) J.W. Terrill, a full-service provider of insurance, employee benefits and risk management services, announced today that Daniel E. Friehs has joined the firm as a Senior Vice President of Personal and Select Commercial Insurance. Mr. Friehs has 28+ years of insurance experience. Before joining J.W. [...]

The House Ways and Means Committee has voted to repeal PPACA’s controversial CLASS Act 24-14,  setting up a full vote of the House in February. The CLASS Act (Community Living Assistance Services and Supports Act) establishes a national, voluntary long-term care program. The program was expected to go into effect during 2012; however, in October [...]

On December 23, 2011, The National Labor Relations Board issued a press release announcing its decision to postpone the implementation date for the new notice-posting rule, again, at the request of the federal court in Washington, DC.  The implementation date is now April 30, 2012! As you may already know, most private sector employers will [...]

The IRS has issued Notice 2012-9 to provide additional guidance on informational reporting of employer-sponored health coverage on Form W-2. This notice restates and amends the interim guidance on information reporting to employees initially provided in Notice 2011-28, 2011-16 I.R.B. 656. This informational reporting is required under § 6051(a)(14) of the Internal Revenue Code (Code), enacted [...]

A new Michigan law that imposes a 1% medical claims assessment on “Carriers,” Third Party Administrators (TPAs) and Pharmacy Benefit Managers (PBMs) is facing a court challenge. The Self-Insurance Institute of America, Inc. (SIIA) announced that it had filed a complaint in Federal Court requesting a declaration that the Health Insurance Claims Assessment Act is [...]