Employer Strategies

Commentary: Benefit adequacy is a recently-coined catch phrase among the retirement industry, and with good reason. Many individuals have not saved enough to pay for the costs of health in retirement, let alone broader retirement income needs.

Many consumers find health care websites tough to navigate and are not satisfied overall, indicating a need to improve the enrollment experience.

The IRS has issued its first adjustment to the ACA definition of “affordability” for the 2015 plan year. Building a solid ACA compliance plan with your employer clients means understanding the act clearly provides for such changes.

Amidst further rollout of the ACA’s provisions, researchers expect more employees to enroll in their employer-sponsored health plan for 2015 — a surge benefit advisers should be preparing employers to manage.

Benefit plan documents should be reviewed regularly with the plan’s third-party administrator. While a plan’s TPA can assist employers in meeting regulatory requirements, it is important to define the roles and responsibilities of the plan sponsor, who is ultimately responsible for implementing plan policies and procedures.

The Guardian Insurance & Annuity Company on Wednesday launched The Fiduciary Awareness Quiz, a first-of-its kind assessment to help plan sponsors better understand their fiduciary obligations and responsibilities.

Retiring baby boomers and health care reform law contribute to increased mergers and acquisitions activity.

Commentary; 2015 is getting close and the Employer Shared Responsibility Mandate (“Play or Pay”) under the Affordable Care Act (ACA) is almost here. So what does this mean for your organization?

Commentary: Advisers are selling more voluntary benefits than in previous years, but as the number of employers considering these benefits in 2015 increases, ask yourself, are you prepared to sell these products and meet client needs?

The costs of complying with the Family and Medical Leave Act are already large enough, but small employers must be vigilant of huge legal costs associated with inappropriate terminations.