Healthcare

By not prioritizing the use of pharmacy benefit management drug rebates, the administration is hurting companies, who shoulder the burden of rising costs by all stakeholders in the supply chain.

In a national plan, employers are pooled together to purchase stop-loss insurance. Companies pay smaller day-to-day claims as they come, but enjoy greater protection against catastrophic claims as well as the purchasing power of a large group.

The deal gives the digital health company additional resources to address the needs of employees with chronic health conditions.

Selecting the right 401(k) plan administrator is not a ‘no brainer,’ and advisers can add real value by helping clients make the best choice.

At the event in Washington DC, benefit brokers learned new, innovative ways to reduce healthcare costs for their employer clients.

Awareness and cost concerns are the primary reasons companies don’t offer the one-time bedrock benefit, experts say.

Much like stop-loss coverage, advisers can use telehealth services to help clients make the leap to becoming self-insured.

What’s the point of having a robust benefits package if employees aren’t taking advantage of it?

If retirees intend to rely heavily on Social Security for income, they should consider adjusting the timing of their bills to the date that they will receive their benefits.

The WealthSpark platform helps employees save with personalized investment tools.