Employer Strategies

Increasing the U.S. minimum wage may lift some workers out of poverty while leading to as many as 1 million job losses, according to a report from the Congressional Budget Office.

If the last few years were an age of reform, then we’ve definitely entered a new era — a time of compliance.

Employees with ready access to mobile devices, such as smart phones and tablets, prefer accessing employee benefit and pay information using mobile apps rather than using their desktops and laptop computers, an ADP Research Institute Study shows.

Employer-sponsored defined contribution plans – the fundamental core of retirement funds for about 80% of the full-time workers in the nation – need some alterations that will help boost plan participation among the part-time workforce and smaller employers, as well as offer better ways for workers and employers to contribute, according to a white paper released last week.

The dissatisfaction, disappointment and frustration with launch of the federal health insurance exchange could be expected, especially with the constantly elevating level of consumer expectations for e-commerce and other online systems. Meanwhile, the number of private exchanges continues to grow and are in a very good position to succeed.

While the intent of DOL fee disclosure regulations was to benefit retirement plan participants, results indicate there is much left to be desired. Employees have no idea what to look for or what their 401(k) fees even mean.

In a sign of just how difficult it is to rein in out-of-pocket costs, 35% of 2014 bronze-level plans in the Small Business Health Options Program exchange had deductibles that exceeded suggested annual caps under the Affordable Care Act.

Copayments and co-insurance fees have increased on average 34% compared with those of the pre-Affordable Care Act individual insurance market, according to the results of a new HealthPocket study released Thursday.

Industry onlookers are saying that the voluntary exemption in the Affordable Care Act will do little to improve dental health across the nation as projections point to federal and health exchanges doing little to lower costs for Americans. However, can private dental exchanges and savings plans help to fill this void?

A group of Republican representatives on the House Energy and Commerce Committee are demanding answers from the U.S. Treasury about the decision-making process behind the latest delay to the Affordable Care Act’s employer mandate.