Employer Strategies

Retirement readiness is just not a buzz word for EBA’s Retirement Adviser of the Year.

Nelson Griswold on how brokers can survive the PPACA health reform tsunami.

John Lamb shares how health care can be fixed by using an IT mindset.

Fred Barstein on how new advisers are critical to growth of DC market.

As CEO of United Benefit Advisors, I hear continually about the issues facing our 36,000 employer clients. Managing prescription drug costs continues to be paramount. The UBA 2012 Health Plan Survey shows that 64.2% of prescription drug plans utilize three co-pay tiers (generic, formulary brand, and non-formulary brand); 2.9% have a one-tier plan, 8.2% retain a two-tier plan; and 24.7% add a fourth tier (specialty). Consultants should watch these plan structures carefully as many brand-name drugs go off their patents and pricing is determined for the influx of generic drugs. On the other end of the spectrum, we're watching increases in specialty drugs, which are driving up costs significantly.

Discount programs deliver financial savings of up to 50% to employees, increasing their loyalty to their employer.

External and internal factors prompts The Weather Channel to initiate a companywide culture change.

Experts discuss the concept of loss aversion and how it might apply to employer wellness programs.

American workers are more stressed than employees in other countries and it’s a situation that’s not expected to change any time soon, according to research from Towers Watson.

The outcome of November’s presidential and Congressional elections could bring change to how quickly the Patient Protection and Affordable Care Act is implemented.