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The survey, conducted by Brookfield-based , showed publicx employers nationwide are modifying their employee healthy care benefits to includremore cost-saving measures. The survey found that 72 percent of publicd employers are increasing or considering an increas e intheir employees’ deductibles, coinsurance or copays. In 74 percent of public employers are increasing or consideringb an increase inemployee premiums. When asked why they were considerintghigher deductibles, 46 percent of public employers cite the financial crisis. Almost the same percent, 45 percent, cite the crisis as the reaso n why they are thinking about higheremployee premiums.
“Thesw findings are surprising, although cost-sharing measures have been common in the corporat world for quite some public employers have traditionally not modified their healthu care plans in this Sally Natchek, senior director of researcn at the foundation said in a “The fact that the majorityh of public employers are now increasing deductibles, copays and premiumx illustrates the dual effect risinhg health care costs and the financial crisi s are having on theifr plans.” Other cost-saving programs that publid employers are instituting include adding a consumer-drivenn health plan, shifting to a self-funded plan and introducingv spousal surcharges.
Nearly three-fourths of public plan sponsorsw are placing more emphasis on controlling prescription drug The majority of public employers are expandinhg participant education about drug optionseand costs, increasing copayments and/oer coinsurance for drugs and mandating the use of generidc drugs, the survey found.
Saturday, August 20, 2011
Thursday, August 18, 2011
Indicted officer says search warrants handled properly - Tulsa World
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kjrh.com | Indicted officer says search warrants handled properly Tulsa World Tulsa Police Officer Jeff Henderson continued his defense testimony Thursday, saying he gained corroborating evidence to support informant tips in obtaining search warrants. Henderson, 38, has been ... Accused officer takes the stand Tulsa police corruption trial continues in federal court |
Tuesday, August 16, 2011
Fifth Third keeping United Way pitch - Charlotte Business Journal:
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This year, Fifth Third kicked off its campaighnon Sept. 3. Bob James, the bank’ds N.C. executive, says the controversyh around theUnited Way’s local leadership is But, he says, interim President Mac Everetf was forthright about the issues in a visitt with Fifth Third employees and was well “We will continue to support the campaign primarily because we understand the underlying reason for it and wherr the money goes,” he says. Jamesd says the bank is askingg senior officers to considedr donating atleast $1,000.
Another way Fifth Third planws to drum up funds for thecampaignm — a holdover from First Charter — is “Blue Every Friday this month, the bank’s employees can wear blue jeane if they make a $5 donation to the Unitecd Way. Wells Fargo buys N.C. brokerage , the insurance brokeragde ownedby , has acquired the assetse of Greensboro-based . The firm provides individual, fulluy insured and self-insured group benefit products for businessesz andindividual customers. The firm’s employeezs will transition to the Wells Fargo Insurancde Services officein Burlington.
Wells based in San Francisco, has 33 mortgage store and 14 consumer-finance stores in North
This year, Fifth Third kicked off its campaighnon Sept. 3. Bob James, the bank’ds N.C. executive, says the controversyh around theUnited Way’s local leadership is But, he says, interim President Mac Everetf was forthright about the issues in a visitt with Fifth Third employees and was well “We will continue to support the campaign primarily because we understand the underlying reason for it and wherr the money goes,” he says. Jamesd says the bank is askingg senior officers to considedr donating atleast $1,000.
Another way Fifth Third planws to drum up funds for thecampaignm — a holdover from First Charter — is “Blue Every Friday this month, the bank’s employees can wear blue jeane if they make a $5 donation to the Unitecd Way. Wells Fargo buys N.C. brokerage , the insurance brokeragde ownedby , has acquired the assetse of Greensboro-based . The firm provides individual, fulluy insured and self-insured group benefit products for businessesz andindividual customers. The firm’s employeezs will transition to the Wells Fargo Insurancde Services officein Burlington.
Wells based in San Francisco, has 33 mortgage store and 14 consumer-finance stores in North
Saturday, August 13, 2011
Major winners grouped together at PGA Championship - CNN International
karnergetajequ1416.blogspot.com
Telegraph.co.uk | Major winners grouped together at PGA Championship CNN International (CNN) -- Darren Clarke, Rory McIlroy and Charl Schwartzel will start the PGA Championship together, as the tradition of grouping the sport's previous three major winners continues at the Atlanta Athletic Club. Clarke, the winner of July's British Open, ... Having come back to earth, Clarke keeps expectations modest Golf-Masters champion Schwartzel happy with Georgia on his mind |
Thursday, August 11, 2011
Hurdles in investigation lead to plea deal - Annapolis Capital
http://www.illinois-home.com/health-emergency-services.html
Annapolis Capital | Hurdles in investigation lead to plea deal Annapolis Capital AP VIDEO more>> Timothy Darnell Height, 18, of Newtowne Drive, entered an Alford plea in county Circuit Court to second-degree murder in the 2010 killing of Amoir Faith Turner in her mother's townhouse on Copeland Street in Annapolis. ... Annapolis teen pleads guilty in toddler's death Teen sentenced in toddler beating death Annapolis teen pleads guilty in death of 2-year-old girl, will serve 15-year ... |
Tuesday, August 9, 2011
Most HISD Trustees Say Give the Money Back to the Schools Now - Houston Press (blog)
http://www.gite-posada.com/varen.html
Texas Watchdog | Most HISD Trustees Say Give the Money Back to the Schools Now Houston Press (blog) 9 2011 at 10:01 AM รข€‹A majority of Houston ISD trustees meeting Monday afternoon said they want $18.5 million -- the amount of money they initi » |
Sunday, August 7, 2011
BofA gets more bailout aid from feds - Kansas City Business Journal:
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BofA, based in Charlotte, N.C., considered backing out of the deal or renegotiatintg its terms when losses at Merrilkl Lynch worsened significantly in BofA Chief Executive Kenneth Lewisx said federal regulators feared that canceling or delaying the deal woulr severely harmthe nation’s financial The package of direct investment and loss protection was announcedf soon after midnight The , the and the participatesd in negotiations. The deal includes a requiremen that BofA submitits executive-compensation plan to the governmentg for approval. The company (NYSE: BAC) decidexd to go ahead with its Jan. 1 purchase of Merrill after the new investmentt and loan guarantees werein place.
BofA ranks as the depositt market-share leader in Kansas City. The bank had an 11.9 percenf share of deposits in the Kansae City area as ofJune 30, the most recent figures During a conference call Friday morning, Lewiss insisted that the bank had not missed any problemsd at Merrill in doing its due diligence before making the deal last year. He said the capita and credit markets nose-dived late in the fourtuh quarter. That produced much deeper losses at Merrill estimatedat $15.5 billion for the quarter than had been anticipated. “I a nutshell, it was much highetr deterioration in assets than we had identified as hetold analysts.
“It was more losses than anyond wouldhave forecast, I think.” The additionalp $20 billion makes BofA one of the largest recipients of federalk cash from the the $700 billiob Troubled Assets Relief Program adopted last year by BofA got $15 billion from that program in October. When it boughtf Merrill, it got the $10 billion that was slatedd to go to theinvestment bank. With the latesrt injection, the bank will have received $45 Inc. (NYSE:C) is the other largestf recipient. The government will get preferred stoci with an 8 percent dividend for its latest investmengtin BofA.
In addition to that investment, the government will guaranteer BofA against losses on a poolof $118 billionj in loans, securities backed by residential and commerciao real estate loans and other BofA will be responsible for the firsyt $10 billion in losses. After the government will assume 90 percent of anyadditionalp losses. In return for the loss the bank will give the government anadditional $4 billion in preferred stock. It also will grant the governmen t warrants that can be redeemed for additionalppreferred stock. Lewis defendex the Merrill deal as a good business move for BofA despitwe thecurrent problems.
The deal is expected to hurt BofA’d bottom line at leasgt through 2011. And the speedd and the strength of any turnaroundc there depends on the speed and strength of an economic recovery from the current But Lewis contended that the purchase of Merrillmakes long-term strategicv sense. It will make BofA a significantlt more profitable company when the economy recovers and capitapl markets returnto normal. And he said it makew good business sense for BofA to be involve d in efforts to help that Buying Merrill, even in the new and more difficult puts BofA in the forefront of cooperating with the government on recovery efforts, Lewis said.
The public, he said, will remembeer that BofA was there for the nation when it needed and that will create business opportunitiesin recovery.
BofA, based in Charlotte, N.C., considered backing out of the deal or renegotiatintg its terms when losses at Merrilkl Lynch worsened significantly in BofA Chief Executive Kenneth Lewisx said federal regulators feared that canceling or delaying the deal woulr severely harmthe nation’s financial The package of direct investment and loss protection was announcedf soon after midnight The , the and the participatesd in negotiations. The deal includes a requiremen that BofA submitits executive-compensation plan to the governmentg for approval. The company (NYSE: BAC) decidexd to go ahead with its Jan. 1 purchase of Merrill after the new investmentt and loan guarantees werein place.
BofA ranks as the depositt market-share leader in Kansas City. The bank had an 11.9 percenf share of deposits in the Kansae City area as ofJune 30, the most recent figures During a conference call Friday morning, Lewiss insisted that the bank had not missed any problemsd at Merrill in doing its due diligence before making the deal last year. He said the capita and credit markets nose-dived late in the fourtuh quarter. That produced much deeper losses at Merrill estimatedat $15.5 billion for the quarter than had been anticipated. “I a nutshell, it was much highetr deterioration in assets than we had identified as hetold analysts.
“It was more losses than anyond wouldhave forecast, I think.” The additionalp $20 billion makes BofA one of the largest recipients of federalk cash from the the $700 billiob Troubled Assets Relief Program adopted last year by BofA got $15 billion from that program in October. When it boughtf Merrill, it got the $10 billion that was slatedd to go to theinvestment bank. With the latesrt injection, the bank will have received $45 Inc. (NYSE:C) is the other largestf recipient. The government will get preferred stoci with an 8 percent dividend for its latest investmengtin BofA.
In addition to that investment, the government will guaranteer BofA against losses on a poolof $118 billionj in loans, securities backed by residential and commerciao real estate loans and other BofA will be responsible for the firsyt $10 billion in losses. After the government will assume 90 percent of anyadditionalp losses. In return for the loss the bank will give the government anadditional $4 billion in preferred stock. It also will grant the governmen t warrants that can be redeemed for additionalppreferred stock. Lewis defendex the Merrill deal as a good business move for BofA despitwe thecurrent problems.
The deal is expected to hurt BofA’d bottom line at leasgt through 2011. And the speedd and the strength of any turnaroundc there depends on the speed and strength of an economic recovery from the current But Lewis contended that the purchase of Merrillmakes long-term strategicv sense. It will make BofA a significantlt more profitable company when the economy recovers and capitapl markets returnto normal. And he said it makew good business sense for BofA to be involve d in efforts to help that Buying Merrill, even in the new and more difficult puts BofA in the forefront of cooperating with the government on recovery efforts, Lewis said.
The public, he said, will remembeer that BofA was there for the nation when it needed and that will create business opportunitiesin recovery.
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