Partner Edward Rayner Speaks to BNET About Changes in Health Insurance Benefits for Executive Employees
Partner Edward Rayner, Chair of Pryor Cashman’s Executive Compensation, ERISA and Employee Benefits Group, was interviewed by BNET for its article “Higher executive pay may offset health cuts.”
Rayner told BNET that executives are likely to receive boosts in their pay because their health insurance benefits will be reduced as a result of the nondiscrimination requirement of the Patient Protection and Affordable Care Act.
Rayner predicts that because employers covered by the nondiscrimination requirement no longer can pay more of their executives’ health insurance premiums than their other employees' premiums, they will probably decide to provide executives with the same health insurance as everyone else.
To read the entire article as it appeared in the January 2011 edition of BNET, please click here.
