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The Handbook of Employee Benefits » (6th Edition)

Book cover image of The Handbook of Employee Benefits by Jerry S. Rosenbloom

Authors: Jerry S. Rosenbloom
ISBN-13: 9780071445122, ISBN-10: 0071445129
Format: Hardcover
Publisher: McGraw-Hill Companies, The
Date Published: September 2005
Edition: 6th Edition

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Author Biography: Jerry S. Rosenbloom

Jerry Rosenbloom, Ph.D., CLU, CPCU is the Frederick H. Ecker Professor of Insurance and Risk Management at the Wharton School. He is a frequent contributor to professional journals, and is the author of Personal Financial Planning, Seventh Edition.

Book Synopsis

Required reading for the Certified Employee Benefit Specialist (CEBS) program

In-Depth Analysis on Virtually Every Aspect of Employee Benefit Programs­­From Designing and Evaluating Effective Plans to Controlling Ongoing Plan Costs

For nearly two decades, through four previous editions, benefits professionals­­and anyone looking for a comprehensive overview of the subject­­have depended on Jerry Rosenbloom's encyclopedic The Handbook of Employee Benefits for updated, authoritative answers to questions concerning objectives, costs, and implementation of employee benefit plans. Now, the classic reference for understanding and designing benefit plans to serve both companies and their employees has once again been updated for today's transformed, new-economy workplace.

Turn to this invaluable handbook for current, easy-to-access information on:

  • The Environment of Employee Benefit Plans
  • Medical and Other Health Benefits
  • Life Insurance
  • Work/Life Benefits
  • Social Insurance Programs
  • Retirement Planning
  • Employee Benefit Plan Administration, Financial Management, and Special Issues

Benefits are a costly and controversial­­but nevertheless an integral­­component of any employee's compensation package, and a properly designed and administered plan is both important for your employees' well-being and essential for your company's bottom- line success. The Handbook of Employee Benefits remains today's most comprehensive book on employee benefits­­and the required reference for benefits professionals everywhere, regardless of industry.

Employee benefits have gone beyond simple health insurance to become a major part of virtually every working individual's financial and economic security. Today's most sought-after employees expect and generally receive benefits packages that can constitute about 40 percent of their total compensation­­and individuals responsible for designing and administering these packages must know how to design effective benefit plans, administer and communicate them using the latest technology, and continually improve these plans to further their firms' strategic resources objectives.

The Handbook of Employee Benefits, Fifth Edition, assembles over 70 top benefits experts to explain every nuance of today's rapidly changing benefits picture. Whether clarifying latest revisions to the Health Insurance Portability and Accountability Act (HIPAA) or discussing new benefits technology applications and employee self-service through the Internet, this updated reference is essential for understanding and designing benefits plans in today's competitive global economy.

New material in this updated edition includes:

  • In-depth coverage of The Taxpayer Relief Act of 1997 and the Internal Revenue Service Restructuring and Reform Act of 1998
  • Expanded coverage of the evolving Health Insurance Portability and Accountability Act (HIPAA) and Small Business Job Protection Act (SBJPA) requirements
  • Information on innovative benefits technology applications and employee self-service through the Internet

What will a company's administrative responsibilities be under the final HIPAA rules on privacy? How will the growing trend toward alternative medicines and behavioral healthcare impact traditional benefit plans? How can a stock option plan be designed to benefit the greatest number of employees while maintaining financial integrity?

The cost­­and complexity­­of the typical employee benefits plan continues to spiral upward. When questions arise concerning employee benefits­­questions that must be answered on the spot­­keep The Handbook of Employee Benefits, Fifth Edition, on your professional bookshelf for accepted, authoritative information.

Table of Contents

Ch. 1The environment of employee benefit plans3
Ch. 2Functional approach to designing and evaluating employee benefits15
Ch. 3Risk concepts and employee benefit planning39
Ch. 4Regulatory environment of employee benefit plans57
Ch. 5Evolving health plan designs77
Ch. 6Understanding managed care health plans : the managed care spectrum107
Ch. 7Understanding managed care health plans : understanding costs and evaluating plans155
Ch. 8Consumer-driven health care197
Ch. 9Health care quality : are we getting our money's worth?219
Ch. 10Dental plan design249
Ch. 11Alternative prescription drug plans and their impact on employers267
Ch. 12Understanding managed behavioral health care benefits295
Ch. 13Long-term care insurance323
Ch. 14Disability income benefits349
Ch. 15Group life insurance : term and permanent371
Ch. 16Other life insurance programs395
Ch. 17Work/life benefits : an overview421
Ch. 18Time-off benefits and family and medical leave programs445
Ch. 19Dependent care programs461
Ch. 20Selected additional benefits : educational assistance programs, group legal services plans, and qualified transportation fringe benefits491
Ch. 21Financial planning as an employee benefit509
Ch. 22Social security and medicare529
Ch. 23Workers' compensation567
Ch. 24Fundamentals of unemployment compensation programs601
Ch. 25Retirement plan design627
Ch. 26Profit-sharing plans653
Ch. 27401(k) plans : from inception to the present day685
Ch. 28Cash balance plans : finding the proper perspective699
Ch. 29Employee stock ownership plans (ESOPs)733
Ch. 30Employee stock compensation plans817
Ch. 31Individual retirement arrangements (IRAs), simplified employee pensions (SEPs), savings incentive match plans for employees (SIMPLE plans), and HR-10 (Keogh) plans837
Ch. 32Executive compensation plans857
Ch. 33Section 403(b) plans895
Ch. 34Section 457 deferred compensation plans907
Ch. 35Investment of defined contribution plan assets925
Ch. 36Employee benefit plan management943
Ch. 37Cafeteria plan design and administration975
Ch. 38The investment of retirement plan assets1011
Ch. 39Fiduciary liability issues under ERISA1049
Ch. 40Communicating employee benefits programs1067
Ch. 41Employee benefit plan accounting and reporting1085
Ch. 42Accounting and financial reporting for health and welfare benefit plans1117
Ch. 43Alternative insured and self-funded arrangements1131
Ch. 44Employers' accounting for pension costs1177
Ch. 45Costing and funding retirement benefits1221
Ch. 46Preventive health care strategies : an overview for employers1251
Ch. 47Welfare benefits for retirees1289
Ch. 48The globalization of employee benefits1309
Ch. 49The future of employee benefit plans1337

Subjects