Healthcare

The domestic steel producer saw savings of $870,000 after it initiated Castlight’s health navigation platform.

Self-funding consultant Bill Geraci of MAGIC employs a range of plan management strategies designed to drive down expense and improve healthcare.

Many workers are not financially stable and not prepared for retirement, according to the International Foundation of Employee Benefit Plans, resulting in an increase in onsite financial programs.

The new tax law lowers the tax rates for many investors, allowing clients to enhance tax savings on the converted amount.

Here’s why it’s important: When it comes to benefit plan cost management, pennies make nickels and nickels make quarters.

The proposed changes to health savings accounts will require employee notifications and communication efforts as well as enrollment system and payroll changes.

Another legal challenge to the constitutionality of the Affordable Care Act has advisers grappling with new business strategies and tactics.

Plan sponsors and advisers: “It is important to realize that three or four years from now, what is done today will be examined, and it needs to be done with a good standard of care and mitigation of conflicts of interest.”

The domestic steel producer saw savings of $870,000 after it initiated Castlight’s health navigation platform.

This does not mean that plan sponsors and committee members cannot insist on getting non-conflicted fiduciary advice; it just makes their job harder.