Printer Friendly

IDG TO OFFER PROGRESSIVE HEALTH BENEFITS TO ITS U.S. EMPLOYEES: COMPANY WILL PROVIDE HEALTH CARE COVERAGE TO SPOUSAL EQUIVALENTS

 BOSTON, Dec. 1 ~PRNewswire~ -- International Data Group will extend its coverage of health care benefits beyond spouses to include spousal equivalents of its U.S. employees, according to IDG Chairman and CEO Patrick J. McGovern. Coverage will begin April 1, 1993.
 Under the IDG Health Plan, employees may designate one person as an eligable dependent for benefit coverage as a spousal equivalent. Spousal equivalents include homosexual or heterosexual partners who meet the definition of a spousal equivalent: each person must be the sole partner of the other; partners must live in the same residence, intend to live together permanently, and be jointly responsible for financial obligations and the common welfare of the household.
 "IDG's most important resource is its employees. We value each of them and try to show our commitment by providing the best benefits we can," said McGovern. "By extending health care coverage to include spousal equivalents, IDG hopes to underscore a fundamental value: respect for each of our employees."
 The decision to provide such coverage to its 1,500 U.S. employees was made by IDG's executive committee. Martha Stephens, IDG's vice president of human resources, was instrumental in gaining approval for the health care extension, acquiring approval for the extended coverage in November 1992.
 "IDG worked hard to gain health care benefits for our employees' partners because we knew it was the right thing to do, although not all insurance carriers shared our views," said Stephens. "We are proud to be part of the corporate leading edge and among a dozen or so companies that now offer these benefits in the U.S."
 Headquartered in Boston, International Data Group has annual revenues of more than $800 million and 4,600 employees worldwide. Its publishing subsidiary, IDG Communications, publishes more than 190 newspapers and magazines in 60 countries. IDG's trade book division, IDG Books Worldwide, is the fastest-growing computer book publisher with over 40 titles in print and foreign translation in over 17 languages. Its research subsidiary, International Data Corporation (IDC), is the leading market research and analysis firm covering the computer field. Its exposition management subsidiary, World Expo Corporation, runs 65 computer-related exhibitions and conferences in 21 countries.
 -0- 12~1~92
 ~CONTACT: Lloyd Benson or Priscilla O'Reilly of Cudaback Strategic Communications, 617-661-6330, for IDG~


CO: International Data Group ST: Massachusetts IN: PUB SU:

CH -- NE005 -- 2404 12~01~92 12:01 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 24, 1992
Words:397
Previous Article:FAMILY AIRLINES SELECTS FOTOUHI ALONSO TO HANDLE $5 MILLION AD ACCOUNT
Next Article:CIGNA CITES NEED TO IMPROVE WOMEN'S HEALTH DURING PREGNANCY
Topics:


Related Articles
SILICON GRAPHICS EXTENDS BENEFITS TO SAME-SEX SPOUSAL EQUIVALENTS
MCC MANAGED BEHAVIORAL CARE PROVIDES AID IN WAKE OF HURRICANE ANDREW'S DEVASTATION
Third try is magic at Prudential.
Dick vs. Dennis. (reader forum).
Humana Named to Prestigious CIO 100; CIO Magazine Honors Company for Commitment to Enhancing Technology Value; Sole Health Benefits Company on List.
Watson Wyatt Identifies Major Benefit Trends During Open Enrollment Season.
McGraw Wentworth Mid-Market Group Benefits Survey Results Show Eligibility Management is Leading Cost Saving Strategy for Michigan Employers.
Windstream asks spouses to pony up for insurance.
McGraw Wentworth Mid-Market Group Benefits Survey Shows Health Care Costs Increasing at 6-Year Low of 5%.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters