Health reform could test Clinton leadership
Article Abstract:
US Pres Bill Clinton's health reform proposal involves requiring employers to purchase core benefits for their employees, with the government responsible for the coverage of the unemployed. The universality of the proposed system reduces risks and costs to consumers, according to insurers. However, many employers oppose the system because it will complicate the benefit plans they have established to meet individual needs. Smaller employers also say that they are not capable of meeting the financial needs of the universal mandate. Thus, Clinton should reach a compromise health plan with those involved.
Publication Name: Pension World
Subject: Human resources and labor relations
ISSN: 0098-1753
Year: 1993
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Reviving the PBGC means higher premiums, faster contributions
Article Abstract:
Legislators will seek financial support from companies for Pension Benefit Guaranty Corp (PBCG) which manages the retirement benefit insurance of about 41 million Americans. Most corporations having assets equal to or exceeding liabilities are commenting on flaws of the government's funding efforts. Provisions by the Clinton administration could help PBGC to handle its present and future obligations although a very slow process is expected with surfacing taxation issues.
Publication Name: Pension World
Subject: Human resources and labor relations
ISSN: 0098-1753
Year: 1993
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Controversial use of pension funds remains on back burner
Article Abstract:
Pres Bill Clinton's dilemma of where to find enough funds to finance his government projects given the $300 billion deficit was given a possible solution with the suggestion of using pension funds with assets of $3.1 trillion. This suggestion has been hotly contested by pension groups who claim that the retirees' benefits would be impaired and that government would lose more in the long run.
Publication Name: Pension World
Subject: Human resources and labor relations
ISSN: 0098-1753
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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