WorldatWork Responds to Proposed Rule in New Health Care Law
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WorldatWork Responds to Proposed Rule in New Health Care Law

Scottsdale : AZ : USA | Oct 21, 2011 at 6:59 AM PDT
Source: PRWeb
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SBCs, feasibility of implementation within the time frame proposed, and additional costs associated with elements of the SBC.

A growing body of research suggests that the abundance and complexity of benefits information can overwhelm consumers and create a significant non-price barrier to coverage. WorldatWork is concerned that the proposed rule will increase this barrier.

WorldatWork recommends that the final rule be clarified and simplified so that it can be better understood by both consumers and employers, and that the implementation date be moved to March 2013. These recommendations were included in a comment letter dated October 19, 2011, sent to the Employee Benefits Security Administration, Centers for Medicare & Medicaid Services, and the Internal Revenue Service.

About WorldatWork®:
The Total Rewards Association

WorldatWork (http://www.worldatwork.org) is a not-for-profit organization providing education, conferences and research focused on global human resources issues including compensation, benefits, work-life and integrated total rewards to attract, motivate and retain a talented workforce. Founded in 1955, WorldatWork has nearly 30,000 members in more than 100 countries. WorldatWork ® Journal, and Compensation Conundrum®.

This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/10/prweb8897662.htm

 
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