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Growing numbers of U.S. employers are extending benefits to the partners of employees in same-sex relationships, and have included sexual orientation and gender identity in their nondiscrimination policies, according to the national advocacy group Human Rights Campaign (HRC) Foundation. Employers May Be Picking Up The Bill For The Uninsured Employers and employees are forced to pay higher premiums for family health insurance policies to compensate health care providers for unpaid expenses incurred by the uninsured, according to a study by health care consumer advocacy group Families USA. GM CEO: High Cost Of Health Care Benefits Are A Drag On Competitiveness In June, General Motors Chairman and Chief Executive Rick Wagoner told shareholders at the company’s annual meeting that the automaker would be forced to cut 25,000 jobs, in part because of the high cost of providing health care insurance to employees, retirees, and their families. Senate Bill Encourages Employers To Implement Automatic 401(k) Enrollment A bipartisan bill introduced in the Senate in June aims to boost retirement savings rates by: promoting automatic enrollment of workers in employer-provided retirement plans; allowing workers to transfer unused funds from Flexible Spending Accounts (FSAs) into retirement plans; permitting individuals to direct tax refunds into Individual Retirement Accounts (IRAs); and making certain annuity contributions tax free. |
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