Above the Fold |
December 6, 2011 |
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Today's News |
Obama prods GOP on payroll tax cut |
By David Espo |
President Barack Obama accepted a move by Senate Democrats to scale back his Social Security payroll tax cut extension on Monday, then prodded Republicans to support it despite a requirement for the very wealthy to pay more taxes...Read more |
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Doctors don't mention childhood obesity |
By Lauren Neergaard |
Pediatricians are supposed to track if youngsters are putting on too many pounds — but a new study found less than a quarter of parents of overweight children recall the doctor ever saying there was a problem...Read more |
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Companies restoring 401(k) matches |
By Paula Aven Gladych |
Companies are restoring plan contributions that were reduced or suspended since the beginning of 2008, according to the Plan Sponsor Council of America. Many companies are increasing or adding new contributions to their plan...Read more |
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The Pulse |
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Overheard on BenefitsPro |
GAO's thinking is flawed. The reason for higher commissions in this market is that each account is time intensive. Agents have to be compensated for the value of their time. A higher commission in this market puts agents in that market because they can at least cover their overhead and hopefully offset the MLR-dictated commission cuts. I suspect that the GAO analyst writing the report did not consult with people in the insurance market ot it would have been obvious.
-- vince phillips, GAO notes commissions in individual market adding to expenses
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