This session will assist HR professionals navigate the world of mergers and acquisitions as they relate specifically to benefit plans and qualified retirement plans. This session will discuss timing issues, potential issues that can cause delays in closing, how to deal with those potential issues, and how to handle employee relations issues as they arise. For benefit plans, these issues may come from cafeteria plans and how FSA accounts should be/can be handled, COBRA responsibilities, and MEWA issues. For qualified retirement plans, there are notice and timing rules that must be followed as well as qualification issues that may be discovered during the due diligence process. This session is for every HR professional who handles the administration of their company benefit plans and qualified plans.
Rising medical and health insurance costs, Healthcare Reform’s intense focus on consumerism, and the diverse needs of a multi-generational workforce are creating a turbulent employee benefits environment. Voluntary products provide a safe haven, offering choice of expanded coverage options and meeting the unique needs of each employee at little or no cost to your organization. In this webinar, Corporate Synergies’ Voluntary Benefits Subject Matter Expert, Ciro J. Giué, will guide you through options that will help:
• control health and welfare benefit costs to your organization
• meet the unique insurance needs of your existing workforce
• help attract and retain quality job candidates
Employers, governmental entities and even employees, brokers and consultants are all still after 4 years trying to understand the impact of HealthCare Reform on employee benefits. Defined Contribution Health benefit plans are again, and have been many times since 1978, being explored as a viable option. Why there is demand, who should be covered, and how it works with PPACA will be explored. Private and Public Exchanges and Cooperatives will be explained and recommendations as to what employers and their brokers can do for the rest of 2014 and 2015 will be made.
This presentation is designed to address the latest Benefit which is called a Defined Contribution Health which can be funded with Employer contributions to a FSA, HRA, or even to a HSA. We will look at whether there are limits as to funding levels and its impact on discrimination testing. We will also look at Private and Public Exchanges versus the growth of Cooperatives in each State and new voluntary benefits like Telemedicine and how it could work with Partial or Full Self-Funding will be addressed.
Questions and Answers will be addressed at the end of the presentation.
Mergers and Acquisitions as well as large lending transactions raise a host of employee benefits issues, many of which can be avoided with proactive attention. Recent case law developments (such as the Sun Capital Partners case) underscore the importance of spotting and handling potential employee benefits issues well before the “deal” is about to close. This panel will walk attendees through the top employee benefits issues that commonly arise in an M&A transaction (including 401(k) and other qualified plans, health and welfare plans and executive compensation plans) and give practical tips for handling these issues on a proactive basis, starting with due diligence and continuing through and after the deal has closed.