Employer Strategies

Defined contribution plans have become one of the fastest-growing segments of the retirement industry, representing $7 trillion of the $24 trillion in retirement system assets in 2014, and while private companies have been at the forefront of the change, but government entities are following suit, which means DC plans will become even more important in the years ahead.

Commentary: It’s harder for women to get ahead in business, thanks to pay inequality and other factors, says ACI Specialty Benefits’ Erin Krehbiel. But, they can do something about it.

You may have noticed that there's a new trend sweeping the financial services industry: robo-advisers. These services use algorithms to automate investing, manage individual portfolios and provide financial guidance.

Lawmakers are pushing through several pieces of legislation that encourage better health information technology, especially interoperability, which will help reduce medical errors.

UnitedHealth Group’s $12.8 billion purchase of pharmacy benefit manager Catamaran Corp. continues a trend of PBM acquisitions, and there’s more to come, industry consultants say. In the long term, that may mean lower costs and more data availability for employers.

Commentary: Three reasons Individual contracts are incompatible with ERISA plans and how to handle it, according to The Principal’s Aaron Friedman.

Commentary: While these FMLA changes don’t require any immediate action or changes to employers’ benefit plans, they could serve as a catalyst for federal officials and agencies to further extend their reach into benefits programs, says Sam Fleet.

UnitedHealth Group Inc. agreed to buy Catamaran Corp. for about $12.8 billion, bulking up its drug-benefits business to get better negotiating power in talks with pharmaceutical companies over prices.

Commentary: Retail and restaurant workers, who come into more direct contact with the average customer than any other job, are the least likely to have paid sick leave as a benefit.

As the Affordable Care Act last week celebrated its five-year anniversary, the majority of employers say they have not considered reducing hours for part-time employees as a result of the law’s mandate that employees working 30 hours a week be offered health care coverage.