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The US Treasury will issue a clarification for companies with health plans that end on Decmber 31st and which are governed by states with so-called "first dollar mandates." Under the ruling, to be issued December 5th, companies with plans ending sometime in 2006 can keep those plans and still qualify for High-Deductible status.
For small firms in particular, the proposed tax reform proposals put out by a presidential panel threaten employer-sponsored retirement saving plans, industry experts say.
HR leaders in companies large and small need to acquaint themselves with the rules concerning advise on investing or keeping dollars attached to benefit programs particularly when installing a new Health Savings Account plan.
Secretary of the Treasury John P. Snow spoke to a private briefing in Washington October 26th of bankers about the administration’s strong belief that Health Savings Accounts (HSAs) were an excellent vehicle for helping consumers obtain economical healthcare insurance as well as building a cushion towards retirement.
Small business managers are putting their foot down when it comes to increasing their healthcare costs.



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