Healthcare

Advisers looking to protect themselves and their clients from professional negligence or malpractice suits need to enter into an engagement letter, according to an ERISA attorney.

Sylvia Mathews Burwell was confirmed Thursday by the U.S. Senate as the secretary of the Department of Health and Human Services, replacing Kathleen Sebelius and signaling a new stage for Obamacare.

Baby boomers are redefining retirement, with many saying their ideal retirement will include working – often in new, more flexible and fulfilling ways. As a result, employers should be preparing for a new battle to keep their older workers engaged as they near retirement.

Although most employers review retirement plan costs annually, many are not assessing fees evenly across all asset classes — and that’s where benefit advisers come in.

Commentary: Blogger Rob Lieblein offers insight as to why private exchanges really are the future of benefits and where benefit brokers and advisers should be in the process of hopping on the exchange train.

Auditing fees may not be inconsequential, but the fact is that an accurate audit including both pharmacy and medical claims has the potential to pay back the investment many times over.

With the impact of health care reform still evolving, employers are taking a fresh look at their strategies for keeping employees healthy and productive.

Industry experts say that while unlikely, the historically stable product line may have the potential for price changes as its sales continue to rise.

Online enrollment for the Small Business Health Options Program (SHOP) on the federal exchanges will be operational later this year, according to a spokeswoman at the U.S. Centers for Medicare and Medicaid Services.

With specialty drugs expected to reach as much as half of total drug expenditures within the next few years, pharmacy benefit manager CVS Caremark has launched a new program designed to make the process of filling specialty medication prescriptions easier for plan members.