Posts Tagged ‘Plans’
Voiding The Mandate, Or The Entire Law, Would Upend Plans By Insurers, Employers
April 6th, 2012
Popular provisions that have already gone into effect, such as letting children stay on their parents’ insurance plans until they turn 26, would fall if the law is thrown out. If only the mandate is declared unconstitutional, however, the law would still affect millions.
The Wall Street Journal: Health Case Ripples Outward Among those set to implement the law, insurers would have to ditch changes to their businesses designed to bring in millions of new customers. Provisions that have already gone into effect, including letting children stay on their parents’ insurance plans until they turn 26, would no longer be required.
Tags: Plans, Plans Insurers
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Auto parts maker seeks PBGC takeover of pension plans
December 17th, 2009
The Pension Benefit Guaranty Corp., which would take over the plans, said the three plans sponsored by Van Buren, Mich.-based Visteon are underfunded by about $544 million. The PBGC would be liable for about $444 million in unfunded guaranteed benefits.
The plans have about 21,000 participants.
Visteon filed its proposal Thursday in U.S. Bankruptcy Court in Wilmington, Del.
Tags: Plans
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