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CCH Pension & Benefits NetNews™

October 13, 2009
 

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Featured This Week

Employee Benefits Management News

Pension Plan Guide News


Employee Benefits Management News

Proposed rule would modify HIPAA Privacy Rule to implement GINA

The Department of Health and Human Services (HHS) has issued proposed regulations to implement section 105 of Title I of the Genetic Information Nondiscrimination Act of 2008 (GINA) (P.L. 110-233). The regulations would modify the HIPAA Privacy Rule to clarify that genetic information is health information and to prohibit the use and disclosure of genetic information by covered health plans for eligibility determinations, premium computations, applications of any pre-existing condition exclusions, and any other activities related to the creation, renewal, or replacement of a contract of health insurance or health benefits.

Read IRN»     (ip access user) »      (Read Intelliconnect) »

Agencies issue regulations clarifying genetic nondiscrimination rules under GINA

The IRS, the Employee Benefits Security Administration (EBSA), and the Department of Health and Human Services (HHS) have issued temporary, final and proposed regulations implementing Title I of the Genetic Information Nondiscrimination Act of 2008 (GINA) (P.L. 110-233). The regulations are effective on December 7, 2009, for group health plan years beginning on or after that date.

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CBO, JCT give favorable budget estimate to Senate Finance Committee’s health reform bill

The Senate Finance Committee's bill to reform the nation's health insurance market would cost $829 billion over 10 years and cover 94 percent of non-elderly Americans, according to a joint estimate released on October 7 by the Congressional Budget Office and the Joint Committee on Taxation.

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More than a quarter of employers think more employees are calling in sick due to stress tied to the recession, survey finds

While the cold and flu season serves as a primary culprit in workplace absences, the economy may be a factor as well this year. CareerBuilder's annual survey on absenteeism shows nearly one-third (32 percent) of workers have played hooky from the office this year, calling in sick when they were well at least once.

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Pension Plan Guide News

IRS issues final regs on measuring DB plan assets and liabilities and on benefit restrictions for underfunded DB plans

The IRS has issued final regulations on the determination of the value of plan assets and liabilities for funding requirements for single-employer defined benefit plans, and on benefit restrictions for certain underfunded defined benefit plans.

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IRS, EBSA, HHS issue interim final regs implementing genetic nondiscrimination provisions of GINA

The IRS, EBSA, and the Department of Health and Human Services have issued interim final regulations that implement sections 101-103 of the Genetic Information Nondiscrimination Act of 2008, which prohibit discrimination based on genetic information in health insurance coverage and group health plans.

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DOL obtains consent judgment ordering NFL player to make restitution to pension plan

The Labor Department has obtained a consent judgment requiring NFL player Michael D. Vick and his company, MV7 LLC, to repay at least $416,461.10 in restitution to a pension plan sponsored by the company and ordering Vick to forfeit any rights to benefits from the plan.

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