This week in health care reform
One-third of employers plan to drop health coverage: A report by McKinsey released this week finds that 30 percent of employers will "definitely" or "probably" stop offering health insurance after 2014. The WSJ reports that this could mean as many as 78 million people will lose employer health coverage. The White House says these claims are exaggerated and that the McKinsey report is an "outlier."
26 states v. PPACA's individual mandate: A three-judge panel from the 11th Circuit Court of Appeals heard arguments in Atlanta on Wednesday on a lawsuit brought by 26 states and other parties opposed to Obama's health care overhaul. Although no ruling was issued, the judges asked pointed questions about the controversial individual mandate provision of the Patient Protection and Affordable Care Act. Here's a breakdown of key arguments from both sides of the case.
Recommended For You
Health insurer pledges profit cap: Blue Cross of California made a splash this week when it pledged to limit its earnings to 2 percent of revenue. The company also pledged to cut premiums by 2.5 percent this year, inspiring the LA Times to report, pigs really do fly.
Also recommended:
- A behind-the-scenes look at the implementation of Texas' health exchange
- Health insurance brokers fight for relevance
- What do they think about health reform in Massachusetts?
- Picking cherries in the age of PPACA
This week in retirement
Morningstar holds annual conference: Morningstar held its 23rd annual conference this week in Chicago, at which the company announced a new "forward-looking" rating system.
Trouble brewing in the housing market? Consumers' equity in their homes has reached an all-time low. Further, Yale economist Robert Shiller warns of a double-dip drop in housing prices.
Multiple 401(k) sightings: It seemed like every time you turned around this week, the popular media was covering 401(k)s, from warnings of excessive fees and the threat fees pose to nest eggs, to the secrets of cutting excessive fees, shopping for a 401(k), how to manage one, taking loans and tapping 401(k) opportunities.
Also recommended:
- Former EBSA chief argues the DOL needs to rewrite fiduciary draft
- Morgan Stanley firing advisors for low performance
- Vanguard releases guide on how to minimize cost and risk when terminating a pension plan
- Many will work well into their 80s to afford retirement
Quick hits:
- Wired magazine: The economic rebound isn't what you think
- Computerworld: Healthcare will take up nearly 20% of the U.S. economy by 2019
- NPR: Healthcare costs new threat to U.S. military
- BenefitsPro: NFL players urge appeals court to life lockout
- HuffPo: Wellness in the workplace
- BenefitsPro: Portland approves transgender benefits
You may also like:
Most read story on BenefitsPro: McKinsey: One-third of employers will drop health coverage
Most-read blog on BenefitsPro: Storey's law
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