Healthcare

The Centers for Medicare and Medicaid Services has awarded consultancy Booz Allen Hamilton a $202 million contract to be the marketplace system integrator, or general contractor, which includes the federally-facilitated health insurance marketplace, parts of the state-run marketplaces and more.

The Plan Sponsor Council of America outlines its concerns over the DOL’s proposal to impose fiduciary requirements on retirement advisers.

Despite potential savings offered, voluntary programs that provide discounts on products, services and tickets to employees are rarely used and seeing almost no growth year-over-year.

Based on the questions at the oral arguments, how might the Supreme Court rule on King v. Burwell and what are the implications of such a ruling? Watch as Timothy Jost, a law professor at Washington and Lee University, discusses potential outcomes of the ruling, expected later this month.

In its first day of hearings about the proposed fiduciary rule, the DOL has heard testimony from advisers, legal experts and other industry representatives — many seeking revisions to minimize the ‘burden’ of the rule’s future implementation.

Concerns about over-regulation and accusations of industry cynicism led the opening of the Labor Department's hearings on its proposal to impose fiduciary requirements on retirement advisers — the latest phase of its contentious process to craft new rules on consumer protections.

Despite a growing optimism about their financial situations, African-Americans still participate in their employer-sponsored retirement plans at lower rates than the general population, indicating a continued need for employers to focus on retirement plan education.

Employers must make appropriate religious accommodations – just ask UPS and Abercrombie & Fitch.

While Montana has one of the nation’s lowest head counts, it ranked a close second behind New Hampshire in terms of the highest rate of 2015 public exchange re-enrollment among 34 states that direct their residents to Healthcare.gov.

Brokers continue to be a vital resource for individuals enrolling in health care coverage on the marketplaces setup under the ACA, with some brokers saying in 2015 they helped more than 100 individuals enroll in health care coverage on the marketplaces.