Banco Popular de Puerto Rico

A roundup of recent promotions and staff changes in the industry.

While health care costs are inevitably going to rise in the future, a 65-year-old couple retiring in 2011 will likely spend $230,000 on health care throughout their retirement, Fidelity estimates.

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

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.

When the National Association of Insurance Commissioners decided last Sunday to delay action on throwing their support behind a bill that would exclude broker commissions from health reform’s medical loss ratio calculations, the move was met with mixed reviews, but by no means signals an end to the effort, say insiders.

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

As private exchange technology providers are acquired, some brokers question what happens downstream to firms they partnered with. Along with the acquisitions, some brokers are not yet seeing a return on investment from their exchange, so what are their long-term plans?

After four days of public hearings, in which dozens of participants weighed in, the Labor Department is one step closer to implementing a new fiduciary standard, the scope of which heartens supporters and troubles critics.

Public exchange plan participants spent less money on medications in the first quarter of 2015 than the first quarter of 2014 amid changes in the demographic mix of enrollees, according to newly released data from Express Scripts Holding Company.

The federal health insurance marketplace may have issued subsides to persons not eligible to receive them during the first open enrollment period, a new report from the Department of Health and Human Services’ Office of the Inspector General has found.