Best practices to ensure a successful wellness program
Advisers need to help clients understand their workforce, outline clear objectives and communicate effectively if employers want to establish a successful wellness program.
Advisers need to help clients understand their workforce, outline clear objectives and communicate effectively if employers want to establish a successful wellness program.
Class action lawsuits claim the professional services firm breached its fiduciary duty by agreeing to the $18 billion deal.
Employers have some decisions to make regarding coverage for spouses and domestic partners following the Obergefell ruling. If there are any modifications to a policy, its crucial theyre reflected in the plan document and that employees and TPAs are informed about such changes.
Independent insurance brokers recorded a median organic growth of nearly 6% for the second quarter of 2015, continuing a growth trend thats been steady for the past few years.
Advisers are needed now more than ever to help individuals reach their retirement goals as employees assume the responsibility of managing their financial future.
Advisers who provide a variety of distribution methods, year-round support and targeted messages help employees better understand their benefits, which leads to increased participation.
A new coalition representing the public and private sectors, as well as Republicans and Democrats, is seeking a full repeal of the ACAs excise tax on high-cost group plans.
Not according to employers, who are turning to brokers to help them navigate the ACA, explore technology capabilities and administer group plans, a new study finds.
Michael Turpin, the former CEO of UnitedHealthcares Northeast region, shares his thoughts on the new landscape and the potential impact the deal could have on benefit brokers and the insurance industry.
With just three major insurance companies, brokers must distinguish themselves from carriers, create additional approaches to serve clients and develop alternative risk approaches to health benefits, industry experts say.
Clients are turning to their benefit adviser for technology support something brokers have to provide. Choosing a partner with the same goals and understanding the entire process are essential.
Millions are covered under employee stock ownership plans, which take a considerable amount of research and planning before implementation.
Selecting the right partners, learning from colleagues and understanding the needs of each client will help agents who are new to this space.
As small employers shift from group to individual coverage, private exchanges can be a useful tool to keep brokers competitive and maximize profits during the transition.
Standing out from the competition, maintaining healthy prospects and offering essential solutions can help attract prospective buyers.
Although the Supreme Court upheld subsidies on the exchanges, there remain key aspects of the ACA that broker and employer lobbyist organizations continue to seek to amend and/or repeal.
Eliminating subsidies would destabilize the individual insurance market in any state with a federal exchange, Chief Roberts says.
A 6-3 decision in favor of the HHS secretary in King v. Burwell means tax credits can continue to be used to purchase health coverage in states using the federal exchange.
Ending the Cadillac tax, simplifying the reporting process and eliminating the automatic enrollment requirement are a few of the legislative recommendations the American Benefits Council is urging Congress to act on.
Upfront information, auto features and tailoring communication and education specific to younger employees can help boost participation.