Healthcare

Insurance companies and investment firms offering retirement services to companies large and small are learning that attention to detail and improved communication with the plan sponsors and, indirectly, plan participants can dramatically improve their customer retention and satisfaction rates.

Bank of America Merrill Lynch’s retirement services unit is generating significant new business, much of it from existing clients of the bank.

Contributions from employers to workers’ account-based health plans have dropped for the last two years, the Employee Benefit Research Institute reports.

Most health systems adopting an accountable care organization model will lose money during the first three years, according to a report published March 24 on the New England Journal of Medicine website.

When President Barack Obama signed his health care overhaul into law a year ago, some U.S. companies were quick to flag -- and write down -- the millions of dollars they stood to lose as a result of one aspect of the measure.

More than half of all states have launched lawsuits challenging the constitutionality of the healthcare reforms signed into law by President Barack Obama a year ago.

One year ago, President Barack Obama signed into law a sweeping healthcare overhaul to fulfill a long-standing Democratic pledge to ensure healthcare coverage for all Americans.

Currently, more than 12 million people in the United States need some kind of long-term care, with costs ranging from $20/hour for home health care to over $3,000/month for assisted living.

An analysis of 43,600 patient accounts at North Shore Long Island Jewish Health System with balances greater than $50 at discharge shows that when a family's spending on health care exceeds 3.5% of income, a tipping point is reached on the ability to pay.

American workers exited 2010 with more than $10.2 trillion invested in employer-sponsored retirement plans, up10% from the $9.3 trillion in play at the close of 2009, according to a new report from Chicago-based investor consultant Spectrem Group.