The states could then chart a new course in social-welfare policy, rewriting state laws that define eligibility and benefits for Medicaid and cash assistance to the poor.
Mr. Griswell talked about the recent pension reform law, defined benefits and wellness recently.
An arrangement other than a money purchase arrangement that provides only defined benefits.
And if the benefits provided are defined benefits then the arrangement will become a defined benefits arrangement.
Here's how Washington can address both ideas: Define basic benefits .
The states will have to write laws to define eligibility and benefits in the new programs.
The proposals all define basic benefits that insurers must offer without penalty for pre-existing conditions.
Today, most newer companies only have profit-sharing plans and don't have defined benefits plan.
It defines benefits, costs and potential risks.
For this reason, it is important to clearly identify all factors that should be considered in defining the costs and benefits.