Compensation
Compensation
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The number of employees with long-term disability plans has dropped and employees paying more for coverage, despite the fact that that 1 in 8 will need it during their career.
October 10 -
At Alliance Resource Partners, 4% of the workforce is responsible for roughly 45% of the company's annual health care spend. The coal mining company is implementing new initiatives to better reach workers at remote mine sites.
October 10 -
Commentary: Have you heard of Medicare observation status? Columnist Craig J. Davidson says it is creating a payment nightmare for older plan participants with Medicare Part A as the primary payer. Educate your groups with Medicare beneficiaries, Davidson says, because the rule has real consequences.
October 9 -
Wearable wellness is here to stay, yet precisely how the devices will affect employer programs remains to be seen.
October 9 -
Randy Hargrove, a Walmart spokesperson, tells EBN that the company's decision to end health coverage for a small portion of its workforce will enable these employees to "decide for themselves what makes the most sense for them."
October 8 -
Aon Hewitt expects more than 1.2 million employees, retirees and their families to choose health benefits through the companys exchanges revising their earlier estimates upward.
October 8 -
Walmarts announcement this week that it will drop health care coverage for its part-time employees reiterates that employer-sponsored health care coverage is changing, and those benefit advisers who plan to remain relevant to clients must change, too.
October 8 -
EBAs annual Workplace Benefits Summit, held last week in Boca Raton, Fla., included a celebration of our Advisers of the Year, strategy and marketing tips from benefit professionals, and the presentation of our inaugural Most Influential Women in Benefit Advising awards.
October 8 -
Walmart Stores Inc.s move to eliminate health insurance for about 30,000 part-time workers underscores the mixed benefits of Obamacare for companies and their employees.
October 8 -
Encouraging the use of video game-styled features on smartphones to boost participation in your wellness program might get employees off to a good start, but these tools might not be the best long-term solution to building engagement.
October 8 -
Commentary: October is National Depression Awareness Month. Jeff Guardalabene, a mental health case manager with Standard Insurance Company, offers these tips on how to help your employer clients navigate this important but often uncharted territory.
October 7 -
Walmart Stores Inc. the worlds biggest retail chain, plans to stop offering health benefits to employees who work less than 30 hours a week, a move that will affect about 2% of its U.S. staff.
October 7 -
As Congress continues to explore ways of making our retirement savings system stronger, legislators should consider requiring 401(k) plans to automatically enroll workers, eliminating participant loan features and allowing unlimited Roth 401(k) contributions.
October 7 -
EBNs annual Benefits Forum & Expo, held last week in Boca Raton, Fla., included a special focus on wearable wellness and an inspirational keynote address from marathon swimmer Diana Nyad. In case you missed the event, heres our coverage.
October 6 -
Employers and employees have different perspectives when it comes to discussing benefits, and benefit advisers can help close that gap.
October 6 -
Employing a proactive strategy to address the explosive costs of specialty medications can serve the patients who need those specialized meds, with an unbelievable 63% increase in costs expected in the next two years.
October 6 -
Narrow networks of health care providers offer new ways for employers and health plans to control the costs of care. But many of these networks are being constructed without regard to the value they deliver, says Scott Wallace, visiting professor at Dartmouths Geisel School of Medicine.
October 6 -
The United States Supreme Court has agreed to hear Tibble v. Edison International, a case in which the plaintiffs contend their ERISA plan fiduciaries breached their duty of prudence by offering higher-cost retail-class mutual funds to 401(k) plan participants, even though identical lower-cost institutional-class mutual funds were available.
October 3 -
Health care reform has changed the role of the adviser from insurance broker to that of a trusted adviser, counselor and compliance guru. Advisers hoping to thrive in this new environment will embrace the change less as a burden and more as an opportunity.
October 3 -
Retirement patterns are changing globally. As a result, providing employees greater retirement security and financial literacy can help employers cultivate a less stressed, healthier and more engaged workforce.
October 3