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The Benefit Network August 2009 Edition
The Benefit Network August 2009 Edition
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Contents
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QUOTE OF THE MONTH
HEALTH CARE REFORM
CORPORATE OWNED LIFE INSURANCE AS AN ASSET?
FINALLY WELLNESS BENEFIT THAT PAYS OFF
YOUR WALLET
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QUOTE OF THE MONTH
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"The American Dream [is] one of the greatest ideas in the history of human
achievement . . . It thrives today in an age when its core components of freedom
and opportunity are open to more Americans than ever before. It holds a real,
identifiable place in the American heart and mind, and it informs the aspirations
of everyone from farmers to software developers, from detectives to bankers,
from soldiers to social workers . . . It defines us as a people, even as we add
to its meaning with each new chapter in our national experience and our
individual actions."
Dan Rather
Of course, it is called the American Dream because you have to be asleep.
This edition we examine a few items that may wake people up.
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HEALTH CARE REFORM
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Taking away a tax deduction is the same thing as raising taxes!
Has anyone noticed that the Congressional Budget Office (CBO) has
reported that Congress could generate billions of dollars in revenue by
eliminating the tax deductibility of both Flexible Spending Accounts and
Health Savings Accounts.
Propaganda: "Choice" - sort of like "Change" - a good sound bite does not
policy make. Mandating that people must buy government
insurance "or else", is not choice.
Having the government run healthcare should be enough to make you sick.
They have yet to show that they can run government responsibly, having them
run healthcare must be the result of the lobbying efforts of the Funeral Directors
of America.
http://tinyurl.com/lojm5u
Senate health committee clears insurance overhaul
http://tinyurl.com/mosghe
Government run healthcare is worse than you can imagine
http://tinyurl.com/lsfapm
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CORPORATE OWNED LIFE INSURANCE AS AN ASSET?
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In tough economic times, innovation is the key to survival and avoiding red ink.
Hospitals are leading the way with a program to attract and retain key
talent in this downturn by offering additional benefits to key employees paid for
by a life insurance policy. A life policy is set up for each key employee, which is
paid for by the bank from a letter of credit from the hospital, (who is the owner of the policy).
Excess cash is created each year and the key employees are provided with a vesting
schedule of benefits determined by the hospital.
Learn More at:
www.lifeassetconsulting.com
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FINALLY WELLNESS BENEFIT THAT PAYS OFF
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People with preventable lifestyle related chronic conditions account for:
88% of all prescriptions written, 72% of all doctors visits,
76% of all inpatient hospital stays according to Managed Care 2003.
The time to shift focus from throwing money at drugs and surgery to correct
life-style maladies is now. Cost cutting in 2009 may consist of educating your
employees and enrolling them in a program designed to actually promote
health, rather than treat illness will be sustainable trend in this economic
environment.
Learn more here:
http://www.thebenefitnetwork.com/wellness.html
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MAN ON THE STREET CAN NOW WEIGH IN ON HEALTH CARE
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HuffPost is partnering with Insight to launch a beta test of their interactive
research tool. In the past the Huffington Post has posted legislation and asked their,
readers, to email about problematic line items and to investigate
potential red flags; With Insight, you will now have the ability to highlight such
controversial line items for the entire Huffington Post community to see and
discuss.
Learn about Insight and how you can voice your opinion:
http://ameritocracy.com/site
Once you have an account, you can weigh in on
other sites as well.
http://tinyurl.com/nanrou
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YOUR WALLET
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Pay no attention to the man behind the curtain. Goldman Sachs is concerned
about the theft of a trading program, which in the wrong hands, could manipulate
the markets.
http://tinyurl.com/me7o7n
Of course, it is overtly suggested here that Goldman manipulates the markets;
http://tinyurl.com/lys3m3
Don't look for an investigation anytime soon.
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General & Unsubscribe Info
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Errata: Last month we attributed paradox of our time to George Carlin. He
came back from the grave to let us know that he did not write it. We noticed
the error shortly after sending. (Hat tip to Lynn for also catching it)
The Benefit Network August 2009 Edition Copyright 2009,
The Benefit Network, except where indicated otherwise.
All rights reserved worldwide. Reprint only with permission from copyright holder(s).
Please feel free to use excerpts from this newsletter as long as you give credit with a link to our page:
www.thebenefitnetwork.com
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The Benefit Network August 2009 Edition is an opt-in ezine available by subscription only.
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