Benefits

Benefits |

Top Plans Buck Trends, Boost Participation

January 14, 2003 (PLANSPONSOR.com) - Despite a tough market, a soft economy, and an ensuing drop in overall participation rates, some employers have been able to generate -...
Benefits |

Conyers Enters National Steel Pension Fray

January 14, 2003 (PLANSPONSOR.com) - A well-known Democratic Congressman is stepping into the continuing battle over the level of pension benefits for 10,000 National Steel retirees and another...
Benefits |

PBMs Saving Government Money

January 14, 2003 (PLANSPONSOR.com) - Prescription Benefit Managers (PBM) produce savings of up to 47% for federal employees obtaining prescription medications in retail pharmacies, according to a Government...
Benefits |

Abbott Labs Freezes Salaries

January 14, 2003 (PLANSPONSOR.com) - Abbott Laboratories Inc has announced 34,000 workers salaries will be frozen, allowing the company to focus on the launch of its new rheumatoid...
Benefits |

Worker Health Screenings A Big Workplace Hit

January 14, 2003 (PLANSPONSOR.com) - Employee health screenings are among the best-attended wellness programs, according to a survey conducted by the Wellness Program Management Advisor and Wellness Junction...
Benefits |

9 States and DC Team Up to Assume PBM duties

January 14, 2003 (PLANSPONSOR.com) - Nine states and the District of Columbia are joining forces, forming a nonprofit group to combat the escalating costs of prescription benefit managers...
Benefits |

Judge OKs Temporary United Pay Cuts

January 10, 2003 (PLANSPONSOR.com) - A US bankruptcy judge has ordered temporary 13% pay cuts for United Airlines' unionized machinists, buying the airline more time to negotiate broad...
Benefits |

Merck, Medco Collusion Alleged

January 9, 2003 (PLANSPONSOR.com) - Court documents unsealed on Tuesday show Merck & Co may have used its subsidiary, pharmacy-benefits manager (PBM) Medco, to sharply increase the market...
Benefits |

Financial Services Compensation Mostly Higher

January 9, 2003 (PLANSPONSOR.com) - Financial services industry chief executive officers enjoyed a 16% cash compensation hike last year while chief financial officers got 5% more in their...
Benefits |

Hooters Brawl Lands Guard $860,000

January 9, 2003 (PLANSPONSOR.com) - A security guard injured after being head-butted at a Hooters corporate Christmas party was awarded over $860,000 by a San Diego jury, according...
Benefits |

Health Care Spending Up 8.7%

January 8, 2003 (PLANSPONSOR.com) - Spending on health care soared to $1.4 trillion dollars in 2001, according to a Reuters report.
Benefits |

Lucent Disconnects Death Benefits

January 8, 2003 (PLANSPONSOR.com) - As many as 31,000 Lucent Technology retirees will see their death benefits eliminated, as the struggling telecommunication company continues to cut costs, according...
Benefits |

GE: Health Plan Benefits Competitive

January 8, 2003 (PLANSPONSOR.com) - General Electric officials contend that the company's health benefits package holds up well in comparison to its competitors