Healthcare

The majority of employers spent 16% or more of their total health care budgets on pharmacy benefits last year, up from 71% in 2013.

Plan sponsors need to know their definition of domestic partners, how to verify their status and how they apply the plan terms.

Eastbridge Consulting research finds brokers are the dominant distribution channel, but they must use their position wisely to curb dropping participation rates.

In a Congressional committee hearing Thursday, Kevin Counihan, the CEO of Healthcare.gov, was repeatedly grilled by members of Congress for details on enrollments, tax data and coverage for immigrants, but failed to provide answers to many questions asked.

Back in November, the DOL issued FAQ Part 22, which directly addresses some recent efforts by employers to reimburse employees for participation in the exchange through Code Section 105, or through some type of other arrangement.

Employers collectively pay for more than one-third of all deliveries in the U.S., through employer-sponsored health insurance plans. According to new data, there are many opportunities for improvements that would save lives and money.

No matter how the U.S. Supreme Court rules in Tibble v. Edison International, one thing is clear: employers will need to be more vigilant about the investments they choose for their company-sponsored 401(k) plans in the future to avoid litigation.

Legislators urge brokers to contact Congress to help shape future policies.

Based on arguments heard this week at the Supreme Court in Tibble v. Edison International, retirement plan fiduciaries can stay the course when it comes to monitoring the investment funds in their plans.

The Internal Revenue Service has issued guidance on the potential approaches it may take in the future on proposed regulations for the excise tax on high-cost employer-sponsored health coverage in the Affordable Care Act.