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    www.hrna.worldtradeco.com/programme.asp - [Cached Version]
    Published on: 11/21/2007    Last Visited: 11/21/2007  

    Lynn Bauman, Director of Employee Benefits, Wendy's International

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    www.kmklaw.com/news-events-29.html - [Cached Version]
    Published on: 5/4/2006    Last Visited: 2/10/2010  

    Mr. Lynn Bauman, Director of Employee Benefits for Wendy's, led a discussion on consumer driven health care plans.

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    www.hrna.worldtradeco.com/speakers.asp - [Cached Version]
    Published on: 11/21/2007    Last Visited: 11/21/2007  

    Dr. Jack J. Phillips | Lew Walker | Debra Langford | Mark Green | Lynn Bauman | Speakers
    ...
    Lynn Bauman
    ...
    Lynn Bauman

    Director of Employee BenefitsWendy's International

    Lynn has over 35 years as a professional in the Human Resources arena with experience in customer focused environments and manufacturing.He joined Wendy's International, Inc. in 1993 as Director, Employee Benefits responsible for the Corporation's (domestic and international) Health & Welfare and Retirement programs, including all ancillary benefits.His responsibility also includes strategic planning, development and implementation of all Benefit programs.Prior to Wendy's, Lynn was Benefits and Compensation Manager for Sherex Chemical Company (1985 - 1993), a manufacturer of surfactant chemicals used in laundry and soap products and personal home care shampoos.In this position, he was responsible for all Benefit and Compensation programs for both union and non-union manufacturing facilities.

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    www.hrna.worldtradeco.com/ - [Cached Version]
    Published on: 9/15/2006    Last Visited: 11/21/2007  

    Lynn Bauman
    ...
    Lynn Bauman

    Director of Employee Benefits

    Wendy's International

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    About the Speaker- 2 - [Cached Version]
    Published on: 4/12/2005    Last Visited: 8/25/2006  

    Lynn A. BaumanDirector, Employee Benefits, Wendy,s International, Inc.

    Lynn has over 35 years as a professional in the Human Resources arena with experience in customer focused environments and manufacturing.He joined Wendy,s International, Inc. in 1993 as Director, Employee Benefits responsible for all Enterprise (domestic and international) Health & Welfare and Retirement programs, including all ancillary benefits.His responsibility also includes strategic planning, development and implementation of Enterprise Benefit programs.

    Prior to Wendy's, Lynn was Benefits and Compensation Manager for Sherex Chemical Company (1985 - 1993), a manufacturer of surfactant chemicals used in laundry and soap products and personal home care shampoos.In this position, he was responsible for all Benefit and Compensation programs for both union and non-union manufacturing facilities.

    From 1980 , 1984, he was Personnel Manager for Wyandot, Inc., a popcorn-based snack food manufacturer and raw popcorn processor.As a Personnel Generalist, he was responsible for all Benefits, Compensation, Training, Recruitment and Hiring, Workers Compensation and Labor/Employee Relations for both union and non-union plants.

    Lynn began his career in 1970.From then until 1980 he was a Personnel Officer for two different Banking organizations with responsibility for all Personnel Generalist activities.Primary focus at the first organization was to develop, implement and, in essence, start a Personnel Department for a bank that did not have such a discipline.

    Lynn holds a B.S. in Business Administration with a major in Personnel Management from The Ohio State University in Columbus, Ohio.

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    Fine-Tuning Consumer-Driven Plans - Meritain Health - [Cached Version]
    Last Visited: 1/25/2010  

    Lynn A. Bauman, director of employee benefits for the Dublin, Ohio-based fast-food chain, said the CDHP did so well in the first year-leveling the annual double-digit cost trend to zero-that officials decided to put money back into the plan. To meet that goal and comply with new Internal Revenue Service "comparability rules," the company chose to increase its contribution to all plan options, even though the rules would have permitted the company to reduce its contribution to certain levels.

    Today, Wendy's share of HSA funding is about 60%, on average, across the various CDHP options it offers, up from 35% to 40% in the first year, Mr. Bauman noted.

    The company also made changes to the frequency of HSA contributions. On Jan. 1, 2006, it switched from quarterly to semi-annual payments-funding six months worth of contributions on day one-to help employees pay for maintenance drugs for certain chronic conditions. Now, because many of those drugs are eligible for first-dollar coverage, and since most employees carried forward an HSA balance into 2007, the company began contributing monthly.

    "So people are getting their money sooner than they used to," Mr. Bauman said. And the financial risk to the company of contributing to the account of a person who terminates employment is reduced, he added.

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    In The Media - [Cached Version]
    Published on: 8/1/2007    Last Visited: 1/18/2009  

    Lynn A. Bauman, director of employee benefits for the Dublin, Ohio-based fast-food chain, said the CDHP did so well in the first year-leveling the annual double-digit cost trend to zero-that officials decided to put money back into the plan.To meet that goal and comply with new Internal Revenue Service "comparability rules," the company chose to increase its contribution to all plan options, even though the rules would have permitted the company to reduce its contribution to certain levels.

    Today, Wendy's share of HSA funding is about 60%, on average, across the various CDHP options it offers, up from 35% to 40% in the first year, Mr. Bauman noted.

    The company also made changes to the frequency of HSA contributions.On Jan. 1, 2006, it switched from quarterly to semi-annual payments-funding six months worth of contributions on day one-to help employees pay for maintenance drugs for certain chronic conditions.Now, because many of those drugs are eligible for first-dollar coverage, and since most employees carried forward an HSA balance into 2007, the company began contributing monthly.

    "So people are getting their money sooner than they used to," Mr. Bauman said.And the financial risk to the company of contributing to the account of a person who terminates employment is reduced, he added.

  • View Online Source
    KMK - Keating, Muething & Klekamp PLL - [Cached Version]
    Published on: 5/4/2006    Last Visited: 11/1/2009  

    Mr. Lynn Bauman, Director of Employee Benefits for Wendy's, will lead a discussion on consumer driven health care plans.

  • View Online Source
    National Business Group on Health - Newsletter - [Cached Version]
    Published on: 8/20/2007    Last Visited: 9/14/2007  

    Lynn Bauman, Director, Employee Benefits at Wendy's will share information on their experiences with CDHPs.

  • View Online Source
    News - [Cached Version]
    Published on: 10/25/2007    Last Visited: 9/26/2009  

    Lynn A. Bauman, director of employee benefits for the Dublin, Ohio-based fast-food chain, says the CDHP did so well in the first year-leveling the annual double-digit cost trend to zero-that officials decided to put money back into the plan. To meet that goal and comply with new Internal Revenue Service "comparability rules," the company chose to increase its contribution to all plan options, even though the rules would have permitted the company to reduce its contribution to certain levels.

    Today, Wendy's share of HSA funding is about 60 percent, on average, across the various CDHP options it offers, up from 35 percent to 40 percent in the first year, Bauman noted.

    The company also made changes to the frequency of HSA contributions. On January 1, 2006, it switched from quarterly to semiannual payments-funding six months' worth of contributions on day one-to help employees pay for maintenance drugs for certain chronic conditions. Now, because many of those drugs are eligible for first-dollar coverage, and since most employees carried forward an HSA balance into 2007, the company began contributing monthly.

    "So people are getting their money sooner than they used to," Bauman says. And the financial risk to the company of contributing to the account of a person who terminates employment is reduced, he added.

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