Benefits Think

Technology offers simplicity, transparency, mobility and portability, and advisers should embrace it, says Chad Parks.

Telemedicine offers potential savings to employers and employees, while improving medical care access and convenience.

The benefits market is undergoing a transformation and few operations seem fully prepared.

Understanding ACA compliance is critical, but it mustn’t come at the expense of fundamental employee education.

Employers filing taxes must be diligent when classifying independent contractor and employees.

Healthier businesses will receive higher-than-expected rate increases because they are now being pooled with the less healthy plans that may include employees who smoke and engage in other unhealthy behaviors.

Providing employees with access to such a benefit can help companies stand apart from competitors, says Adam Potter.

Advisers are a ‘great resource’ to ensure sponsors keep up with DC fiduciary compliance obligations and know where they stand on fees in particular, says The Principal’s Aaron Friedman.

Employers served with an Equal Employment Opportunity Commission (EEOC) subpoena requesting private employee information – regardless of its arguable relevance – may nevertheless be compelled to respond.

Ensuring clients understand ACA compliance is critical, but doing so at the expense of fundamental education is negligent.