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2 Jul 2013, 12:28 pm by Cynthia Marcotte Stamer
As part of its continuing efforts to promote enrollment in the Health Insurance Marketplace slated to take effect January 1, 2014, the Department of Health and Human Services (HHS) today (July 2, 2013) announced the award of nearly $32 million in grants for efforts to identify and enroll children eligible for Medicaid and the Children’s Health Insurance Program (CHIP). [read post]
26 Jun 2013, 6:21 am by Cynthia Marcotte Stamer
In announcing its launch of its Health Insurance Marketplace educational tools here on June 24, 2013, the Department of Health & Human Services (HHS) repeated recent claims that HHS and the states are on target to begin enrollment on October 1, 2013 in the federal and state health care exchanges now retitled “Health Insurance Marketplace” by the Administration, to meet other key milestones and to the beginning coverage under the newly created Health… [read post]
20 Jun 2013, 6:30 am by Rebecca Shafer, J.D.
  The guaranty fund is usually a special purpose non-profit corporation of the state. [read post]
6 Jun 2013, 3:43 pm by Cynthia Marcotte Stamer
A Fellow in the American College of Employee Benefit Counsel, State Bar of Texas and American Bar Association, Vice President of the North Texas Health Care Compliance Professionals Association, the Former Chair of the ABA RPTE Employee Benefit & Compensation Group and current Co-Chair of its Welfare Benefit Committee, Vice Chair of the ABA TIPS Employee Benefit Committee, an ABA Joint Committee on Employee Benefits Council Representative, Past Chair of the ABA Health Law Section… [read post]
5 Jun 2013, 9:06 am by Cynthia Marcotte Stamer
Under many circumstances these rules, or the handling of transactions can broaden the scope of responsibility or create exposures for a surprising range of parties dealing with the plan sponsor, related corporations or their stock, assets, benefit plans or workforce in corporate bankruptcies, mergers, asset or stock acquisitions, liquidations or other transactions. [read post]
29 May 2013, 10:51 pm by Cynthia Marcotte Stamer
Group health plan sponsors, fiduciaries, insurers and administrators should use care to properly understand which type of program or programs their group health plans contain and ensure that their programs are properly designed and administered to meet these conditions. [read post]
24 May 2013, 12:00 pm by Judy Selby
ANX Corporation reports that the average direct cost of a credit card breach to a restaurant is $80,000. [read post]
14 May 2013, 5:01 pm by Nasir Pasha, Esq.
Though, this concern can be minimized through property disclosures, indemnity clauses and insurance. [read post]
23 Apr 2013, 2:02 am by Kevin LaCroix
  This excess Side A insurance would not be available to provide funding for, say, a securities class action lawsuit, at least if the corporate defendant were solvent, because the [read post]
18 Apr 2013, 7:51 am by Rebecca Shafer, J.D.
This reduces the cost of lost wage indemnity payments which are approximately 50% of the cost of workers compensation claims. [read post]
8 Apr 2013, 4:37 am by David DePaolo
Based on the Florida Department of State, Division of Corporations data, there are about 2 million active businesses in the state as of March 2013. [read post]
3 Apr 2013, 1:32 am by Kevin LaCroix
It is fine for Buffett and his billionaire board members to disdain D&O insurance (particularly given that the corporate indemnity that Berkshire provides is more financially sound than any insurance commitment would be), but persons of more ordinary means can ill afford to run the risk of uninsured board service. [read post]
12 Mar 2013, 10:24 pm by Kevin LaCroix
  The general awareness of D&O related liability risks amongst the Indian corporate sector and the financial services industry has given an opportunity to the Indian insurance industry to provide insurance solutions to cater to the need of their clients. [read post]
22 Feb 2013, 4:00 am
Public entities may have monies being held in State Comptroller's Abandoned Property Fund The State’s Abandoned Property Law requires banks, insurance companies, utilities, and other businesses to turn dormant savings accounts, unclaimed insurance and stock dividends, and other inactive holdings over to the State. [read post]
19 Feb 2013, 10:50 am by Cynthia Marcotte Stamer
Stamer’s health benefit experience includes extensive and highly-innovative dealings with insured and self-insured managed care, defined contribution, indemnity and other health benefit, disability, life, occupational injury, Medicare and Medicaid Advantage, and other welfare benefit and insurance plans and policies; and a wide range of other employee benefits, compensation, insurance, equity and other related arrangements. [read post]