Editor's Note
It's quite possible that the health care system as we know it
will change drastically in the next few years. The kind of
change that might occur will depend in large part on who gets
elected to the presidency and how supportive Congress is of a
change. One candidate advocates a free enterprise system where
people can purchase the coverage they need from the vendor with
the best price, much like we purchase car insurance, and at
least some of the costs will be offset with changes in the tax
law. Another candidate visualizes a system where employers are
required to either supply health insurance or pay into a public
welfare system.
Where do you think the changes should be made? Is there another
alternative besides the two options the candidates are
suggesting? Click Post Comment at the bottom of today's lead
story to add your thoughts.
Best regards,
Gail Perry, CPA
Managing Editor
editor@accountingweb.com
Next Issue's Theme:
Small Business
Retirement Plans
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Lawmakers consider employer role in controlling obesity
As American waistlines expand, there's little surprise that
this public health issue poses a challenge to the nation's
employers. In some states, including New York and California,
government regulators are stepping in to urge businesses to
take action.
more >>
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Medical benefits top retirement as costliest employee benefit
Medically related benefits accounted for the largest share of
employer benefit costs at 12.1 percent and retirement benefits
followed at 10.4 percent, according to the 2007 Employee
Benefits Study recently released by the United States Chamber
of Commerce. Payments for vacation, holidays, and other paid
time off resulted in 9.8 percent of employer benefit costs.
more >>
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Universal health care program approved in San Francisco
A three-judge panel of the 9th U.S. Circuit Court of Appeals
last week ruled that San Francisco's universal health care
program, Healthy San Francisco, can continue because it does
not violate federal regulation of employee benefit plans, the
San Francisco Chronicle reports. The ruling overturned a lower
court decision that the Healthy San Francisco plan placed
requirements on employers in violation of federal law.
more >>
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