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Spectra Newsroom


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Mar 06 2010
Utah Business- 2010 Forty under 40

We are excited to recognize one of Spectra's own in this years Utah Business forty under 40............One of Utah’s many strengths has long been its youthful, innovative population. Join us as we recognize 40 for the state’s youngest leaders. Selected by an independent judging panel of Forty Under 40 alumni, this year’s lineup is an assemblage of entrepreneurial experts, finance gurus and corporate executives. Utah Business is proud to present the 2010 Forty Under 40.
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Dec 08 2009
What Is An Employer “Pay or Play” Requirement?

It’s one of the touchiest issues in the healthcare debate: would a public healthcare option decimate the employer-based health insurance system now used by more than 160 million Americans, of whom some 80 percent are claiming satisfaction? Democrats who support the controversial legislation say no and adhere to the position it will actually create more competition, lower costs, and foster quality care. Others disagree.
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Nov 03 2009
Trends In Healthcare Information Technology

There is an unprecedented shift in perception regarding the role of information technology by doctors, hospitals and healthcare management professionals. This is illustrated by a recent “Top Ten Trends List for 2010,” issued by Applied Management Systems, Inc., where both “electronic medical records” and “information technology” rank among the top five trends.
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Oct 27 2009
Unused Leave Pay Eases Retirement Savings Burden

Federal lawmakers are actively addressing how to pump life back into retirement savings. In considering their retirement savings options, employers and employees should review a host of new federal retirement and savings initiatives.
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Oct 20 2009
Healthcare Activism Takes Center Stage

According to the Centers for Medicare and Medicaid Services, healthcare costs are predicted to sky rocket at an annual rate of 6.7 percent between now and 2017. This daunting projection, which appears closely aligned with how today’s volatile healthcare reform legislation is handled, has created a renewed sense of urgency regarding healthcare costs. Employers are scrambling to cut costs and employees are feeling penny pinched.
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Sep 22 2009
Understanding the Pitfalls of 403(b) /457 Plan Compliance

Retirement planning and regulation in the non-profit sector is a daunting and complex as it is in the for-profit world. These days, fiduciary responsibility and audits are synonymous, and more non-profit boards and retirement planners are taking heed. The following list of 403(b) and 457 plan pitfalls are most commonly cited by auditors and can be easily eliminated if attention is paid to avoiding them.
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Sep 21 2009
Pioneering Utah health care

A result of HB 188, signed into law this past March by then- Gov. Jon Huntsman Jr., Utah is tackling health care reform through the newly launched Utah Health Exchange. Marking the beginning of a defined contribution approach, this ground-breaking program promotes itself as the catalyst for portable, quality health coverage and calls on Utah business involvement.
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Sep 15 2009
Most Frequent 401(K) Plan Compliance Penalties

With IRS regulations pertaining to 401(k) plans increasing concern, plan sponsors are paying more attention to related liability issues. According to the IRS, listed below are some of the more pressing compliance issues facing business owners today. It is more important than ever to build an understanding of these so that costly audit penalties, fines and additional taxes can be avoided.
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Sep 08 2009
Utah Health Exchange Update

A result of HB 188 signed into law by Gov. Jon Huntsman Jr. in March, the Utah Health Exchange is our state’s approach to health system reform and marks the beginning of a defined contribution market and portable health coverage for Utah businesses. This is only the second health insurance exchange to be developed in the country.
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Sep 01 2009
401(K) Trends - Negative Default Enrollment

As the U.S. economy remains under the microscope, financial advisors and behaviorists alike are postulating on how best to overcome the debt-buying culture that many Americans have become accustomed. Cultural-change initiatives are being created to give Americans more confidence in their individual futures and retirement.
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Media Relations Contacts:
Melissa Clyne
Scribe Inc.
801.486.6763
melissa@scribepr.com

Lee Rech
Scribe Inc.
801.556.8423
lee@lbrcommunications.com