It's been a long week — especially for one cut short by a holiday.
(Speaking of which, the latest numbers I saw suggested roughly 30 percent of employers honor Martin Luther King Day by closing up shop and making it a paid holiday. And that's actually up from 28 percent last year. For the first time, our own company honored it this year, as well, but I guess I'm still surprised it hasn't caught on any more than that…)
At any rate, despite this week dragging along like a stubborn toddler, it was full of news of the "no kidding?" kind. (We actually call it something else internally, but it's not really fit for print.)
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What were some of those headlines?
Well, your lunch hour is dying. Less than half of employees surveyed claimed lunch hours of half an hour or less. The only surprise there, though, is how many of you are killing it off yourselves. No one's chaining you to your desk. So get the hell up once in a while.
Oh, and have you heard? Health savings accounts are taking off — still — apparently to the detriment of health reimbursement arrangements.
Meanwhile, the Patient Protection and Affordable Care Act continues to drag down the president's approval rating — not that anyone wants to do anything more than complain about it…
And just down the street from the White House, the Internal Revenue Service has been busy. Despite being short-staffed, sequestered and shouldered with loads of new responsibilities this year, they're still churning out guidance like paperback bodice rippers. I almost feel sorry for them. Almost. (Course, speaking of guidance, they tabled their discussion of the non-discrimination provision, which I saw as a non-starter out of the gate. I'd expect a complete waiver of this by year's end.)
Finally, we close out the week with the feds telling us 3 million people now have signed up for private plan coverage through the federal exchange. With two months of open enrollment left, the administration is not quite halfway to their stated goal of 7 million enrollees. At this point, they'll be lucky to hit 5 million. Which, by itself, certainly sounds impressive. But when you hold it up against the 40 million we've been told are uninsured in this country, it looks like a historically bad return on investment that would get any private sector chief executive tossed out on his can.
In the public sector, apparently, it gets you re-elected.
Speaking of elections, I wanna remind all of you we have a couple of potential candidates speaking at our 10th annual Benefits Selling Expo. Many expect former Republican Rep. Tom Tancredo to challenge Colorado's sitting governor in his re-election bid later this year, while no one would be surprised if Mike "Uncle Sugar" Huckabee makes a run for the White House again in a couple of years. They'll both be at the Broadmoor in Colorado Springs, Colo. from April 1-3. You should be, too.
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