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House lawmakers made good on their promise to pass a sweeping overhaul of the nation's health insurance system, approving the Affordable Health Care for America Act (HR 3962) by a vote of 220 to 215. The historical vote came late on November 7, after lawmakers from both parties spent the day debating the merits of the legislation, including whether funding for abortion should be paid for by federal dollars.
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Among the roughly 4 percent of covered Americans who have so-called "consumer-driven" health plans, contributions to the plans by their employers are shifting: Workers with employee-only coverage have seen their annual employer contributions decrease, while those with family coverage have seen their annual employer contributions increase, according to a new survey released by the nonpartisan Employee Benefit Research Institute (EBRI).
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The U.S. Department of Health and Human Services (HHS) issued an interim final rule with request for comments to strengthen its enforcement of the rules promulgated under the Health Insurance Portability and Accountability Act (HIPAA). The Health Information Technology for Economic and Clinical Health (HITECH) Act, which was enacted as part of the American Recovery and Reinvestment Act of 2009, modified the HHS Secretary's authority to impose civil money penalties for violations occurring after February 18, 2009.
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Representative George Miller (D-Cal), chairman of the House Education and Labor Committee, and Representative Lynn Woolsey (D-Cal), chair of the Workforce Protections Subcommittee, announced the introduction of emergency temporary legislation November 3, 2009, that would guarantee a maximum of five paid sick days for employees sent home or directed to stay home because their employer believes they have symptoms of a contagious illness, or have been in close contact with an individual who has symptoms of a contagious illness, such as the H1N1 flu virus.
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Phyllis Borzi, Assistant Secretary for EBSA, testified October 28 before the Senate Special Committee on Aging on the use of target date funds as investment options for 401(k)-type plans.
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The Preserve Benefits and Jobs Bill (H.R. 3936), a bill providing pension funding relief, was introduced in the House on October 27, 2009 by Rep. Earl Pomeroy (D-ND) and Rep. Pat Tiberi (R-OH).
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The PBGC and the United Kingdom's The Pensions Regulator and the Pension Protection Fund have signed a memorandum of understanding to share information that will advance the security of defined benefit plans.
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