Employer Strategies

Data collected from the 13th Annual Transamerica Retirement Survey makes it clear that the effects of the “Great Recession” have taken their toll on not just retirees, but the unemployed and underemployed as well.

More than three-quarters of plan participants (78%) know it is important to determine how much to save for a secure retirement but only a third claim to have the knowledge to determine that amount, according to a survey released Wednesday by State Street Global Advisors.

Pennsylvania is joining a growing movement across U.S. states to overhaul public pensions, but even while the state’s governor says the need for reform is urgent, he advocates action only after great deliberation.

Several leading health care advocacy groups are helping advance the use of outcomes-based incentives in worksite wellness or health management programs that are encouraged by the Patient Protection and Affordable Care Act.

Alaska will not set up a program allowing residents to buy health insurance across state lines as envisioned under the Obama administration's new health care law, leaving that task to the U.S. government, Gov. Sean Parnell announced Tuesday.

Voluntary accidental death and dismemberment coverage received the highest rating (43%) from leading carriers selecting it as a ‘very profitable’ product line, according to The Frontline Report, Worksite/Voluntary Product Trends 2012.

Today, this one market is estimated to be a $40 billion industry in the United States, says EBA contributor Sam Fleet. He shares in today’s BeAdvised why approaching this market with a broader view can provide an opportunity for brokers to adapt their business models and thrive, especially as the new health care landscape takes shape.

Employers are more likely to implement value-based health care strategies now that the U.S. Supreme Court has upheld the Affordable Care Act, suggests a new survey by the International Foundation of Employee Benefit Plans. To help multiemployer and public employer health plans implement VBHC strategies in the workplace, the foundation has released a white paper on the topic. It identifies existing VBHC practices used by multiemployer and public employee health plans and provides a framework for building cultures of health.

Long-term care liability loss rates and claim severity are now at an eight-year high and could grow steadily into next year, according to Aon Global Risk Consulting’s “2012 Long-term care General Liability and Professional Liability Actuarial Analysis,” which was created in partnership with the American Health Care Association.

Access to employer-provided benefits was greater in medium and large private industry establishments than in small establishments in March 2012, according to the U.S. Bureau of Labor Statistics.