News Feed

McKinsey & Co. caused quite a stir not only around the insurance world, but all the way to Washington, when it recently revealed that 30% of employers will "definitely or probably" drop their coverage when the Patient Protection and Affordable Care Act takes effect in 2014.

September marks the observance of Life Insurance Awareness Month, coordinated by the nonprofit LIFE Foundation and supported by more than 100 of the nation's leading insurance companies and industry groups, to shine a spotlight on the growing crisis of too many Americans not having adequate life insurance protection. According to the industry research group LIMRA, 30% of U.S. households have no life insurance whatsoever. Today, there are 11 million fewer American households covered by life insurance compared with six years ago. The bottom line: A majority of families either have no life insurance or not enough, leaving them one accident or terminal illness away from a financial catastrophe for their loved ones. Help educate your employees this month on the value of this important benefit. Learn more at lifehappens.org/life-insurance-awareness-month.

An online cartoon is changing the way employees think about voluntary benefits.

This article is part of EBN's year-long BeneFIT Success series, which chronicles employers and employees in their individual and organizational wellness triumphs. All articles in the series are available at ebn.benefitnews.com, keywords "benefit success series." Learn more about how to submit your company as a candidate for the series at the end of this article.

Most target-date funds are not as diversified as they could be, and particularly as they increase in popularity in 401(k) plans, their design needs to be revisited, according to Folio Investing.

Whaddaya know? All this time, I thought it was just retirement plan participants who didn't understand the fees they were paying. Turns out, according to a recent Spectrem Group study, plan sponsors don't understand plan fees all that well either - only 45% of plan sponsors fully understand their retirement plan fees, according to the report that evaluated some 600 plan sponsors with assets under management of $10 million to $200 million.

Employees who work from home or other remote location are doing so more often than they have in the past but the overall number of teleworkers has declined, finds a recent survey. The teleworking population in 2010 was 26.2 million, down from 33.7 million in 2008. Teleworkers represented nearly 20% of the U.S. adult working population, according to the Bureau of Labor Statistics.

Imagine that your company was hiring for one of its most crucial positions.

It's been nearly two years since the Equal Employment Opportunity Commission issued a compliance manual update on religious discrimination. Religious discrimination involves disparate treatment, harassment, retaliation or refusal to reasonably accommodate religious beliefs or practices.

Accounting firm CCR is walking its way to wellness. Staff from the Boston and Glastonbury, Conn., offices will compete in the firm's new Wellness Trek to San Francisco.