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In April, the Department of Labor announced it was seeking comments on how best to update its e-disclosure rules for benefit plans — a sorely needed facelift, since the rules hadn’t hit refresh since iTunes was created.
In a new white paper, two researchers say DOL should allow defined contribution plans to make electronic delivery the default mechanism for conveying disclosure notices and information to plan participants.
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The practical takeaway is to treat data-sharing requests as a risk-allocation exercise, not just an operational convenience.
Despite tepid interest, small businesses — and their advisers — stand to benefit from adding pooled employer plans.
To improve attention to male health, employers should start with enhancing benefits education, enabling time off for appointments, and championing mental wellness.
Prioritizing quality over convenience leads to lower rates of complications and less overall healthcare spend.
Helping clients establish a formal fiduciary committee charter moves the health plan from an uncontrollable cost into a managed corporate asset.
