Healthcare

Millennials took a big financial hit during the recession, with wounds that are still fresh and unlikely to heal quickly, and a growing, under-utilized industry is hoping to build some new momentum.

With such a wide range of opinions about how much money employees need to save for retirement – estimates vary from eight to 25 times final pay – it can be hard for participants to know what to aim for.

In what could serve as a caution to employers using health and fitness apps to engage workers in their wellness programs, researchers at Brigham Young University are warning over the trend of developers basing their platforms' rewards on gamification.

Survey finds that across all lines of insurance, 18 to 29 year olds are less likely to own coverage than other age groups.

Employers from Starbucks to ConAgra have begun partnering directly with academic institutions to create specialized programs for their employees. It’s a new spin on an older system, as benefit managers are trying to evaluate the long-term benefits of helping to pay for their workers’ education.

Commentary: Financial services company BOK Financial enlists the help of a benefits communication vendor to boost participation in its consumer-directed health plan.

The Department of Health and Human Services said Tuesday that Kevin Counihan, the head of Connecticut’s state-run exchange will join the Centers for Medicare and Medicaid Services as CEO of the Marketplace, also known as the federal government’s health care exchange.

With increased CFO involvement in health care and benefit decision-making, benefit managers are under more scrutiny than ever before to ensure they efficiently manage their health and benefits vendor relationships.

Millennials are 10% more likely to lack health coverage than adults age 30 and over despite paying lower costs, receiving subsidies based on income and possibly staying on their parent's health insurance policy until age 26.

Many benefit managers – especially those at smaller companies – have never had to help an employee with an accommodation at work or help chart their path back to work after a disability leave.