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The U.S. Labor Department has removed a controversial part of its proposed 401(k) fee disclosure rule that would have required retirement plan providers to create a summary document, or "roadmap," of all their fees for employers.
February 3 -
On-site clinics utilized in conjunction with a group health plan are becoming an increasingly common method to help employers address the rising cost of health care. The issues in implementing an on-site clinic may seem obvious: Finding a service provider; installing an appropriate facility; and addressing employee access during work hours. However, there are less obvious but equally important compliance concerns that arise when an on-site clinic is implemented. Such clinics maintained on an employers
February 3 -
The House of Representatives voted Wednesday to officially repeal the CLASS Act, the long-term care provision of the Patient Protection and Affordable Care Act.
February 2 -
As senior vice president and chief HR and administrative officer for Harris Corporation, an international communications and information technology company, Jeff Shuman has first-hand experience with the skills gap - the gap that exists between the jobs an organization has to fill and the knowledge, skills and abilities of current and potential workers.
February 1 -
Six years ago, executives at professional services consulting firm Deloitte LLP began exploring ways to enhance the company's investment in training and development. After talking to the firm's recruiting officers on U.S. college campuses, leaders realized the high value new graduates and younger employees placed on training and development.
February 1 -
Based on 30+ years of plan sponsor experience, I believe negative press about 401(k) loans are aimed at the wrong target. Rather, hardship withdrawals should be in the crosshairs, not loans.
February 1 -
Most employers have become accustomed to the IRS and Department of Labor periodically auditing their qualified retirement plans. Now, employers must also be ready for HIPAA audits.
February 1 -
It may seem like science fiction, but telehealth technology is making real-life strides in curbing consumer health care costs while ensuring convenience and efficiency for patients.
February 1 -
Thirty-three percent of major employers offer transgender-inclusive benefits. This is five times more companies than last year, and a big part of the push came from the Corporate Equality Index, a series of guidelines from the Human Rights Campaign that measured employers on five criteria regarding benefits for transgendered workers: short-term leave, counseling by a mental health professional, hormone therapy, medical visits to monitor hormone therapy and surgical procedures, without any exclusions.
February 1 -
Increasing employee engagement with benefits enrollment is difficult at best - and even more so when attempting to communicate concepts such as high-deductible health plans and health savings accounts. As more employers make the switch to full replacement HDHPs, it's more important than ever that employees fully engage with open enrollment materials so that they understand how to use the plans.
February 1
