Healthcare

Commentary: Automatic features have all helped retirement plan participants, but what should employers and committees discuss this year as they plan for future improvements in their plans as a way to seek to improve the retirement outcomes for their participants?

While most people understand the need for medical and dental insurance, the value of voluntary benefits is less understood. That’s why advisers should be selling them as “financial protection,” says one voluntary sales expert.

Commentary: The Catalyst for Payment Reform scored each state on its level of health care cost transparency — 29 received an F, only two scored an A. Transparency of health care cost and quality must be the founding principle of sustainable change, says Borislow Insurance’s Mark Gaunya.

Much has been made about how the exchanges are playing in Peoria, but what about Portugal, Poland or Peru?

President Barack Obama’s fiscal 2015 budget proposal includes nearly $14 million for the Department of Labor to combat the misclassification of workers as independent contractors, which renders them ineligible for certain benefits and protections under the law.

While outsourcing is a dirty word for many U.S. workers, most organizations that outsource benefits administration do so not to reduce HR head count, but rather to achieve legal compliance, reduce burdens on internal staff, gain efficiencies and gain access self-service technology.

With mid-term elections bearing down, the government changed its regulation of Obamacare to give consumers and states more flexibility to decide on their health plans, insurers more time to sign up customers and taxpayers a chance to avoid more costs.

Many employers are turning to private health care exchanges to rein in costs — and benefit consulting firms are reaping the benefits, according to a new report from Moody’s Investor Services.

Health insurers such as WellPoint Inc. and Humana Inc. stand to gain $5.5 billion next year to cover losses from Obamacare in a program the law’s opponents label a bailout.

Connecticut lawmakers are considering a new plan to offer individual retirement accounts to private sector employees in a need of future retirement assistance.