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BenefitsPro Daily eNewsletter
Above the Fold November 22, 2011
 
supercommittee
Debt panel's demise sets up partisan wrangling
By Andrew Taylor
The failure of a special deficit-reduction supercommittee sets up a year-end battle between President Barack Obama and a dysfunctional Congress over renewing a payroll tax cut and jobless benefits for millions...Read more
Today's News
Unemployment drops in three-quarters of US states
By Christopher S. Rugaber
Unemployment rates fell in three-quarters of U.S. states last month, a sign that many parts of the country are experiencing modest job gains...Read more
Middle-class jobs could be disappearing
By Amanda McGrory
According to Arnold Kling, a former economist for the Federal Reserve Board, employment trends could be moving to extreme economic restructuring, calling for new approaches to career planning as well as skill development, and this could put clerical positions, which have been a key part of the U.S.'s economy for more than half a century, in danger...Read more
Feds slam Pa. insurer in first rate review
By Jenny Ivy
A Pennsylvania insurance company is the first to be exposed on a federal level for charging unreasonably high premiums...Read more

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The Pulse
Rich White
When do you want to get serious about your retirement plan?
By Rich White
If you don't do this already, start asking all clients and prospects where the money they put into their 401(k)s is going...Read more
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Overheard on BenefitsPro

I've witnessed up close and personal what happens when a regulator has the power to reject a rate increase by government decree. In one state, over 60,000 people lost their coverage within a few months, as the insurance companies exercised the F U clause, and exited that state. Price controls have never worked, and only a fool keeps trying them. Instead, we need more competition, and that means making the business attractive enough so that more companies are willing to take the risk in the health insurance market.

-- Brent D. Gardner, CLU, ChFC, Feds slam Pa. insurer in first rate review

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