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Recent Editions

Human Times
North America
A growing number of employers are shifting health insurance decisions to their employees through Individual Coverage Health Reimbursement Arrangements (ICHRAs). This approach allows workers to select their own insurance plans, providing them with more tailored options. While ICHRAs offer predictable costs for employers, they also place the burden of finding suitable coverage on employees, which can be overwhelming. Currently, around 450,000 individuals are covered through ICHRAs, marking a 50% increase from 2024. Cynthia Cox of the non-profit KFF, which studies health care issues, said: “It's maybe not perfect, but it's solving a problem for a lot of people.” As healthcare costs rise, more employers may consider adopting ICHRAs to limit their financial exposure.
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Human Times
UK
A former Janus Henderson analyst who used working from home during the Covid-19 pandemic as a cover for insider trading has been found guilty in one of the most high-profile UK insider dealing cases in recent years. Redinel Korfuzi was accused of using information he accessed through his job as a research analyst at the asset manager to trade using accounts held by his sister Oerta Korfuzi and two other co-defendants. Prosecutor Tom Forster told jurors at the start of the trial at Southwark Crown Court in February that the defendants made a profit of around £963,000 in relation to 11 companies' shares in just over six months.
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Human Times
Europe
French unions and employers will meet on June 23 for final talks on revising the 2023 pension reform, although employer group Medef may boycott. The reform raised the retirement age from 62 to 64, sparking union resistance. Prime Minister Francois Bayrou agreed to revisit the issue to gain Socialist backing amid no-confidence threats. Employers oppose reversing the age hike, fearing higher payroll costs. Despite some progress, labour minister Astrid Panosyan-Bouvet acknowledged a broader deal remains out of reach. France’s pension system, which is heavily state-funded, faces a projected deficit of 1.4% of GDP by 2070.
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Human Times
Middle East
The Philippines is set to repatriate at least 178 Filipinos from Israel amid the escalating conflict between Israel and Iran, according to the South East Asian country's Department of Migrant Workers (DMW). Secretary Hans Cacdac said that the DMW is also aiding 14 workers in Iran, three in Jordan, and one in Iraq, along with 58 stranded at Dubai and Abu Dhabi airports. The Department of Foreign Affairs reports approximately 1,180 Filipinos in Iran and 30,742 in Israel.
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