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Table of Contents

May 2009

Cover Story
Much has been written about the financial crisis, and what it has done to the health care marketplace....


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Feature Content

Wish you were there
AUSTIN, Texas – The big news out of Benefits Selling’s fifth annual expo — aside from the record-breaking turnout — had to be Jim Davidson’s ascension as the magazine’s first-ever Broker of the Year. Editor Denis...

Market indicator
The importance of owning life insurance is almost a given in American households — especially households with young children. After all, most people easily comprehend the protection life insurance offers: If the worst happens, life insurance...

Legal plans to the rescue
The headlines tell a story of gloom and doom as the world faces one of the greatest financial challenges since the 1930s. We’ve all read the news. Giants of commerce seem to be teetering. Many organizations — large and small — now...

Sections

Columns
Tech Talk
There’s been a lot of buzz around personal health records with Microsoft and Google getting into the fray. This shows us at least two things. First, health care is becoming more and more synonymous with Web 2.0 technology. Users of health...

On Second Thought
Do you ever feel like your brain is full? Like you can’t possibly remember all the things that need to be done and the only way you can add another item to your to-do list is by deleting some of the unfinished tasks? That’s the way...

Beyond the Beltway
If wisdom is a powerful thing, conventional wisdom is often more so because it carries the perception of unanimity. Sometimes, the conventional wisdom is even true. Today’s conventional wisdom suggests that Congress, currently preoccupied...

Retirement Matters
It is an historical fact that bear markets occur three out of every 10 years and that bear markets last, on average, anywhere from 10 to 14 months, depending upon when you started counting. To prepare for times like these, there are some proactive...

Competitive Advantage
In hundreds of discussions with brokers and employers over the years, one message stands out above all others, and that concerns the value of follow-up communications. I’ll bet you have never failed because you consistently followed up with a...

Storeylines
In light of the Dow’s recent — yet admitttedly tenuous — rebound, I thought I’d take a break from the all the bad news and riff on something, well, at least interesting. Seems Gallup, Healthways and America’s Health...

Top Ten Selling
I met a man at an event this week who wouldn’t give me a business card. We exchanged introductions and I found out he was a salesperson for a specialty promotional products company. You know, they put your company name on golf shirts,...

Departments
Source List
Click to view the May 2009 Legal Plans Source List....

Employers Speak Out
“My employer cut 401(k) matching at the end of the fiscal year (ours ends in March). They said that due to market fluctuations, they preferred to allocate the funds to other programs. Salaries have been frozen since the Spring of 2008.”...

Benefits Newswire
Karen Ackerman, political director of the AFL-CIO, recently announced the organization’s willingness to accept changes to the Employee Free Choice Act, according to the Wall Street Journal. “We certainly understand that it would be...

ADP Employer Services recently launched a retirement program, ADP ACCESS, that combines ADP’s 401(k) recordkeeping services with the guidance of a financial advisor. Some highlights of ADP’s new program: iPlan.iSave.iBenefit, an...

MetLife released its 7th Annual Employee Benefits Trends Study earlier this week; it found employers value employee retention as the most important benefits objective, despite hard economic times. Controlling costs and increasing employee...

Evolution Benefits’ TeacherDollars™ Program recently won Best Corporate-Funded Prepaid Card of the 2009 Paybefore Awards. Paybefore is an information provider to prepaid and stored value card industry professionals. The TeacherDollars...

Selling Strategies
For many brokers, the world of limited-benefit health plans is considered foreign territory. Questions about administration, implementation and return-on-investment are common. Many advisors find themselves asking “is offering a...

Keith Ambachtsheer

The Employee Benefit Research Institute has selected Keith Ambachtsheer, director of the Rotman International Centre for Pension Management (ICPM) at the University of Toronto, as recipient of the 2010 EBRI Lillywhite Award. The honor recognizes outstanding lifetime contributions to Americans’ economic security. The award is named for Ray Lillywhite, a pioneer in the pension field who for decades guided state employee pension plans, and who retired from Alliance Capital in 1992 after a 55-year career in the pension and investment field. “Over the decades, [Ambachtsheer] has benefited millions of future retirees by helping fiduciaries enhance benefit security and hold plan expenses to the lowest possible level, since every dollar of expense is ultimately one less dollar available for the payment of retirement benefits,” said Dallas Salisbury, president and CEO of EBRI.

 

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