News Feed

With the cost of specialty drugs going up, guest blogger Karrie Andes suggests plan sponsors need to be more proactive about asking their health plans and pharmacy benefit managers about cost containment strategies.

Offering a 401(k) plan to employees is only half the benefit; sponsors need to design plan features to maximize enrollment and communicate the advantages of the plan. With strong plan construction and sound communication and financial education campaigns to support it, employers can help workers save and plan adequately for retirement. Based on suggestions from a Diversified retirement white paper and from Kristi Mitchem, senior managing director and head of global defined contribution for State Street Global Advisors, EBN has compiled seven tips for plan sponsors to help engage employees in retirement saving and planning.

Massachusetts Mutual Life Insurance Company has entered into a definitive agreement with The Hartford to purchase its Retirement Plans business for $400 million, subject to adjustment at closing.

Two dozen Democratic women from the U.S. House of Representatives brought the charge that Republicans are waging a "war on women" to the party's convention stage on Tuesday with sharp denunciations of Republicans on health care, equal pay and domestic violence.

More than 20 million employed Americans play fantasy football, but cracking down on participation at the office may be more trouble than it’s worth.

Only 7% of private company CFOs say they share financial updates with their full staff, even though doing so can reduce misinformation and increase team mentality, new research indicates.

The smallest city in Rhode Island has saved its bondholders at the expense of retirees and fiscal independence.

An American Psychological Association survey says that, despite the shaky economic recovery, a lack of better jobs is not one of the major factors leading to workers sticking with their current employers.

More than a quarter (26.3%) of Texans do not own health insurance, giving Texas the lowest rate of health insureds in the nation, according to 2010 data released last week by the U.S. Census Bureau; Massachusetts, Hawaii and the District of Columbia represented the states with the highest rates of health insureds, respectively.

The Democratic Party late on Monday unveiled its election platform, a non-binding political document that party delegates will vote to adopt at the national convention in Charlotte on Tuesday evening.