Healthcare

New legislation was issued last night in the Senate that would remove broker compensation from the MLR calculation.

Stable value funds require careful scrutiny in the initial selection phase and on an ongoing basis. A new report offers a comprehensive look at the latest trends, and a helpful due-diligence list to use when you are looking at funds for clients.

Prohibitions against dual compensation for fiduciary advisers haven’t been fully grasped, suggests prominent ERISA attorney Fred Reish.

The California State Teachers’ Retirement System’s $73 billion unfunded liability may be the state’s “most difficult fiscal challenge” and lawmakers should increase funding for the second-largest U.S. pension, the Legislative Analyst’s Office has reported.

Illinois teachers would be asked to choose between pension increase and retiree health under a measure that was adopted by the state’s senate this week. The bill’s impact is a matter of dispute. Illinois’ pension system is the most under-funded state system in the country.

The Labor Department provides more rationale to guide clients to best-in-class asset managers. But consider the case for “quasi-customization.”

The report card, developed by Catalyst for Payment Reform and the Health Care Incentives Improvement Initiative (HCI³), examined multiple transparency factors on a 100-point scale.

Funding for Alzheimer’s has lagged behind other medical issues, advocates say, and the disease is now the sixth-leading cause of death in the United States. Without breakthroughs, the number of those affected aged 65 and older will double by 2050.

Consumer-driven health plans are not achieving long-term savings greater than what would be reached by raising the deductible on traditional PPOs, according to the 2012 UBA Health Plan Survey.

International rules designed to make derivative transactions safer by increasing collateral requirements may lead pension plans to take unnecessary risks, according to the National Association of Pension Funds