Healthcare

Americans continue to hold their purse strings tight and favor cautious choices with their money, according to research from Northwestern Mutual.

The U.S. Government Accountability Office released a report Wednesday saying that employees switching jobs often receive guidance by 401(k) companies to roll their accounts into an IRA, even when that might not be the best course of action. But what does this mean for advisers?

The Centers for Medicare and Medicaid Services confirmed yesterday, following the release of proposed rules on Navigators and what they’re calling non-Navigator assistance personnel, that the information is not necessarily intended for brokers

Among employees with adult/elder care responsibilities who’ve used Bright Horizons’ back-up care service within the last six months, nearly 70% said the benefit has allowed them to work on a day they would have otherwise missed.

Many are asking about retirement readiness self-analyses.

Humana Inc. led medical insurers higher in trading today after the U.S. government reversed a decision to cut a key Medicare payment rate, offering them an increase instead.

“Every company lives and dies by the talent it has access to,” says SendHub co-founder Garrett Johnson, who claims he could lose “invaluable” workers once the national supply of H-1B visas runs out.

The program, available to self-insured employers, offers some diabetes supplies and diabetes-related prescription drugs at no charge, as well as no copays for related doctor visits, at an estimated savings of up to $500 a year for participants.

Starting in 2014, workers at companies with fewer than 100 employees were supposed to have been able to choose from a variety of health plans through new small-business insurance marketplaces. They’ll instead wait until at least 2015.

Most participants are not contributing near enough to their 401(k) plans to adequately fund retirement.