Allen Steinberg : Perspectives

Employee benefit plans—especially retirement and health care—have become an increasingly important part of the employment relationship. For employers, these plans represent an important part of the total compensation package, a tool for retention and recruitment, and a growing financial and compliance burden. For employees, these plans represent a key part of their overall financial security and wellbeing, a financial burden, and a source of complexity and frustration. In effect, it’s complicated. Our firm is dedicated to helping employers manage these complexities and focus on the important things.

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Allen Steinberg

13.07.2017 06.27 CDT

Senate Republicans have released a revised version of their health care proposal. The Senate version is substantially similar to the bill released by the Senate Republicans in June, but with a handful of changes intended to win support from key Republican holdouts.

Senate Revises Health Care Bill

The much-anticipated revision of the Republican Senate health care proposal has arrived.

ACA repeal health care legislation Senate proposal

Senate Republicans have released their revised proposal to repeal and replace the Affordable Care Act. The revised proposal makes a handful of significant changes to the Senate proposal released in June.

Allen Steinberg

29.06.2017 12.43 CDT

Proposals to repeal and replace the ACA contain many provisions to shift health care costs. Unfortunately, they do not do enough to actually reduce costs.

Don’t Confuse Cost Shifting with Cost Savings

Legislative Efforts to Repeal ACA Do Not Reduce Health Care Costs

ACA repeal AHCA health care legislation

The Congressional proposals to replace the Affordable Care Act create winners and losers - and may reduce insurance premiums for some of these winners. But shifting costs around does not really reduce national health care costs. This represents a missed opportunity – there are things Congress could do to that might actually lower costs.

Allen Steinberg

22.06.2017 06.16 CDT

Senate Republicans have released their proposal to repeal and replace the Affordable Care Act. The proposal reflects a number of choices made by the Senators – over which provisions of ACA to repeal, which provisions to retain, and how to delegate more responsibility for controversial actions to individual states.

Senate Releases Health Care Bill

The long-awaited Senate health care proposal has arrived.

ACA repeal health care legislation Senate proposal

Senate Republicans have released their proposal to repeal and replace the Affordable Care Act. The bill, named “The Better Care Reconciliation Act,” repeals many provisions of the ACA - especially tax provisions contained in the ACA. The bill also makes significant changes to the non-tax provisions of the ACA. In addition to the changes actually contained in the bill, the BCRA delegates tremendous autonomy to the states to eliminate many other feature of the ACA.

Allen Steinberg

14.06.2017 01.07 CDT

Is the time right for a new, national paid parental leave program?

Paid Family Leave – An Emerging Consensus?

New Proposal for Paid Family Leave Program Shows Promise

Legislation Paid Leave Parental Leave

Is a consensus emerging on a national paid parental leave program?

Allen Steinberg

24.05.2017 07.20 CDT

Workers are choosing to stay in the workforce beyond normal retirement age. This is good news.

Retirement Patterns: Are Workers Outsmarting the Experts?

American workers are making progress on improving their retirement picture

Retirement income workforce

An increasing number of workers are choosing to stay in the workforce – many on a part-time basis. In effect, these workers have created their own phased retirement program. This ongoing employment contributes to retirement income adequacy and can be viewed as a key part of solving the challenges posed by past errors (such as low savings and insufficient diversification).