Healthcare

Cigna Corp is expanding its business that provides health coverage to those working abroad by offering a product directly to individuals.

The Internal Revenue Service has issued interim guidance to employers on the informational reporting requirements on each employee's annual Form W-2 of the cost of the health insurance coverage they sponsor for employees.

The Thomson Reuters 100 Top Hospitals study evaluates performance in 10 areas: mortality; medical complications; patient safety; average patient stay; expenses; profitability; patient satisfaction; adherence to clinical standards of care; post-discharge mortality; and readmission rates for acute myocardial infarction (heart attack), heart failure, and pneumonia.

Consumers are spending $363 billion a year on ancillary health care, according to a new study by Deloitte.

The Supreme Court ruled on Tuesday that a group of large pharmaceutical companies cannot be sued by a California county for allegedly overcharging for prescription drugs in violation of federal law.

Standard & Poor's, the world's leading index provider and publisher of the widely followed Standard & Poor's Index Versus Active Fund scorecard series, has launched the industry's first comprehensive, periodic scorecard for target-date mutual funds. The S&P Indices Target-Date Scorecard provides performance comparisons, equal- and asset-weighted peer averages, and volatility comparisons for U.S. target-date funds versus their relative S&P Target-Date Index.

New research from MetLife spotlights a disconnect between the perceptions of voluntary benefits held by employers and employees.

Insurance companies and investment firms offering retirement services to companies large and small are learning that attention to detail and improved communication with the plan sponsors and, indirectly, plan participants can dramatically improve their customer retention and satisfaction rates.

Bank of America Merrill Lynch’s retirement services unit is generating significant new business, much of it from existing clients of the bank.

Contributions from employers to workers’ account-based health plans have dropped for the last two years, the Employee Benefit Research Institute reports.