Dow takes leave as CEO of SAG Producers Pension and Health Plans
Bruce Dow, the embattled chief executive of the Screen Actors Guild Producers Pension and Health Plans, has stepped down.
Dow has "requested and been granted a leave of absence from his duties,'' trustees for the plans said in a statement, declining to elaborate on the reasons for the action.
The statement said the pension plans' Chief Operating Office Christopher Dowdell will take on day-to-day management responsibilities and will "work in concert with the board of trustees and executive management team."
Dow's departure comes in the wake of growing questions about the level of financial controls within an organization that governs more than $2 billion in assets on behalf of Screen Actors Guild members.
Federal Labor Department officials have been investigating claims that another former senior executive in the plans allegedly embezzled millions of dollars by receiving kickbacks from several companies that did business with the funds.
Following an audit conducted by PricewaterhouseCoopers in early 2009, SAG-PPHP sued two vendors involved in the alleged scheme. In one of the cases, the plans obtained a final judgment from an arbitrator who awarded them damages of nearly $2.5 million, which the court approved. The plans said most of the money was recovered from an insurance claim.
The alleged embezzlement scheme publicly surfaced in a complaint another former employee, Craig Simmons, filed last September with the Labor Department, contending he had been wrongfully terminated for raising questions about the embezzlement scheme and other alleged improprieties.
Simmons, a former human resources director who was fired in March, said in his complaint to the Labor Department that he was blackballed for raising questions about Dow's conduct, including allegations that Dow steered business to his wife's insurance company, USI of Southern California, and arranged for a "phantom" job for his brother-in-law.
Sag Health Insurance - News
Bruce Dow, the embattled chief executive of the Screen Actors Guild Producers Pension and Health Plans, has stepped down. Dow has "requested and been granted a leave of absence from his duties,'' trustees for the plans said in a statement, declining to
After fighting to give the Sag Harbor School District the chance to look at alternatives to its costly insurance program with the New York State Health Insurance Program, Tom Morrissey of Morrissey Advisory Services was noticeably disheartened by the
In fact, there have already been two suspected cases of Whooping Cough affecting students in the Sag Harbor School District. According to the parents, while the students were not formally tested and diagnosed with the illness, doctors said pertussis
in addition to enjoying some great music and even greater food (definitely not a city for vegans), I attended a conference about union employee benefits as part of my role as a trustee of the Screen Actors Guild's Pension and Health Plans.
Serving professionals in film, theatre, television, music, opera, radio and dance, The Fund's programs include social services and emergency assistance, health care and insurance, housing, and employment and training services. With offices in New York,
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The healthcare complement in this nation unequivocally needs a hold up. There have been a little great things about Obamacare though there have been most bad things as well. One great thing is which we can stay upon my parents’ word devise for an additional 6 years. One unequivocally bad thing for seniors is which Obamacare cuts billions from medicare. Look here for yourself:
George Bush done it bootleg to buy medication drug from Canada given he was endangered for a reserve given of pronounced drug not being FDA approved. When in actuality many of a drug came from American companies which contributed to his campaign.
Will we give Americans choices for medication drug given we do not hold in next to illness caring for all?
You should do your own investigate instead of withdrawal it to mainstream media. They have spin zero some-more than a promotion arm for this administration. Obamacare will cut hundreds of millions from Medicare, levy “panels” to allotment caring as well as protection which resources have been not squandered upon a aged as well as infirm.Plus, since of Obamacare, my in isolation illness caring (I compensate for it myself) has left from $273 per month to $585 per month only in expectation of a implementing of Obamacare.In addition, you will spin 65 in Feb as well as have already enrolled in Medicare. That is great, except, all though 1 or 2 Doctors in this area have been dropping out of a module since of Obama mandated cuts to their payments. So, discuss it me, what great is this Medicare starting to be for us Seniors if Obamacare drives all a Doctors out of a program? Are you to only go out in to a woods as well as die, so Lord Obama can surveillance his Socialist illness caring for all plan? Do a little investigate as well as sense a truth!
@ What?! It's just a little conjunctivitis! Should be available OTC... SAG Health Insurance is the best!
What Types Of Florida Health Insurance Are Best? GHV: .saG 
RT @: SAG screeners: poor substitute for health insurance.
RT @: SAG screeners: poor substitute for health insurance.
RT @: SAG screeners: poor substitute for health