Banco Popular de Puerto Rico

It’s time to talk about something that most benefits professionals have left on the backburner for the last couple of years: the impending Cadillac tax.

Like the recycling of paper, glass and plastic, the recycling of retirement savings through automated portability benefits everyone and is easy to implement.

Worksite clinics and private exchanges might appear to be mutually exclusive approaches to rising cost pressures, yet they can be integrated to achieve the same goal – improved health outcomes and lower health care cost trend.

For companies transitioning to a consumer-directed health plan, the most important point to keep in mind is that the health plan a business adopts may not be as critical as how the business handles the transition to the plan.

Despite the trend towards online enrollment, employers who deploy a self-service enrollment for their workforce often discover that it can backfire, resulting in frustrated employees.

Faculty and staff are protesting the program as an invasion of their privacy. What they should be protesting is the university’s wasting money on health risk appraisals, which have never been shown to reduce costs.

Many recent studies have shown that major obstacles to employee attainment of retirement readiness include the loss of account balances due to loan defaults and hardship withdrawals. This account leakage can be reduced by a well-managed participant loan program.

According to a recent Visante study, from 2012 to 2021, PBMs will save plan sponsors and consumers almost $2 trillion, or about 35%, compared with drug expenditures made without pharmacy benefit management.

Employers of all sizes should monitor immigration developments closely as significant change is on the horizon.

CareerBuilder recently asked over 2,000 hiring managers and HR professionals nationwide to share some of the most memorable methods candidates have used to stand out from the crowd and whether their creativity helped get them hired.