Banco Popular de Puerto Rico

Continued lawsuits over excessive 401(k) fees are on track to force providers to change the way they deliver products and end a practice that appears to be a “showcase of impropriety.”

Aetna has agreed to reduce out-of-pocket payments for most HIV and AIDS medicines after pressure from an advocacy group, revising coverage that had some patients paying $1,000 a month for the drugs.

After two enrollment seasons under the Affordable Care Act's exchanges, the easily accessible and amenable are signed up for health care. With year three starting this fall, the task will be tougher to target the remaining uninsured, who are harder to reach. Who better to drive the message home, Washington state thinks, than brokers?

The DOL has stayed true to a planned increased in enforcement and investigation of ERISA criminal violations, including indictments of employers and service providers, that should serve as a cautionary tale for any individual involved with the administration of these plans.

Broker information was not compromised as part of a cyber-attack on Anthem’s IT system and the carrier says it is working with brokers to assist and inform their clients about the breach.

Good recordkeeping is important to avoid paying for benefits for ineligible recipients.

EBA is looking for industry leaders age 35 and younger to be featured our April issue.

Many of the private health care exchanges on the market today are adopting hybrid models of benefits administration and benefits enrollment, says Scott Carver, president of PlanSource, a cloud-based benefits exchange provider. The company operates its own proprietary exchange and a white label solution that builds exchanges for third parties. EBA spoke with Carver about what makes exchanges unique and his predictions for exponential growth in the field.

Financial advisers and most stock brokerages have been the target of a cyber attack, the SEC says, and insurance brokerages can be prime targets as well.

Some industry research has suggested that private exchanges will transform themselves into a clogged eight-lane freeway teeming with traffic within the next few years from a lonely country road less traveled today. But a recent published report argues that some of the nation’s top employers are now adopting a cautious approach.