Compensation
Compensation
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As states across the country take steps to address the financial needs of retiring workers, Illinois lawmakers are considering a new bill that would establish a retirement savings program for private sector employees that will be funded through automatic payroll deductions.
May 27 -
Evidence shows that more insurers bring down premiums on the ACA exchanges, which could ease conversations benefit brokers have with the uninsured about affordability of coverage.
May 27 -
Although there is presently no law against workplace bullying in the United States, a business with offices and employers abroad would do well to take note of the growth of legislation prohibiting this conduct and imposing liability abroad.
May 27 -
Final regulations implementing the ACAs nondiscrimination rules for wellness programs became effective in January, but many employers are still unclear about how the regulations have changed. The changes are subtle, but noncompliance can carry heavy penalties.
May 23 -
Commentary: There are some misconceptions about a particular rising-star voluntary product and blogger Sam Fleet breaks them down.
May 23 -
The Internal Revenue Service has threatened employers with Affordable Care Act penalties of $36,500 per employee, per year, nondeductible. Makes those $2,000 and $3,000 penalties look like small potatoes, right?
May 22 -
Public sector employers in Oklahoma are one step closer to creating a defined contribution retirement plan for workers with the passage of House Bill 2630, also known as the Retirement Freedom Act. The bill was approved this week by a majority in the states House of Representatives.
May 22 -
A recent revenue ruling from the Treasury Department and the IRS eases the administrative burden for 401(k) plan sponsors wanting to accept rollovers from other employers plans, but the fiduciary risk posed by inactive accounts still remains.
May 21 -
In follow-up to two broker-friendly bills introduced in late March, a group of five U.S. Democratic senators are asking the agency again for changes that will help ACA-certified agents better enroll consumers.
May 21 -
UBAs chief executive officer Thomas Mangan has left his position with the industry group to serve as president of employee benefits for the Market Financial Group.
May 21 -
Three of the top five employee-reward issues employers faced in 2008 remain consistent with current challenges, a recent Mercer survey reveals.
May 21 -
The life insurance and annuities market continues to grow, but advisers hoping to capitalize on that will first need to meet the challenges of a diversifying U.S. population.
May 21 -
While certain health and wellness campaigns lend themselves to gender-specific messaging mammograms or prostate cancer, for example positioning health and benefits communication to male and female employees differently isnt commonplace.
May 21 -
Even though more than one-in-four Americans have received treatment or therapy from a mental health professional, few people know that health insurers are required to provide coverage for mental health, behavioral health and substance-use disorders that is comparable to coverage for physical health.
May 21 -
The American Academy of Pediatric Dentistry is sounding the alarm that many children arent getting the dental care they need even though the ACA includes pediatric dental care on its essential health benefits roster for small-group plans.
May 20 -
Individuals could pay more than twice as much for prescription drugs with certain exchange plans, as employers that provide health coverage gain another asset to leverage.
May 20 -
Mirroring a recent HHS initiative, some state-run marketplaces such as Covered California have extended a special enrollment period for COBRA-eligible individuals, allowing them to enroll in a marketplace exchange plan through July.
May 20 -
Recently Senator Marco Rubio, a 2016 Republican presidential hopeful, shared his thoughts on reforming America's retirement system. Blogger Robert C. Lawton rates Rubio's proposals on a scale of one to five.
May 20 -
The U.S. Chamber of Commerce is calling for a complete revamp of the Pension Benefit Guaranty Corporation board of directors to include plan sponsors from company and employers affected by the federal agencys supervision.
May 19 -
Everyone understands that advertising helps sell products and that was the top way to sell health plans through the public exchanges. But looking back on the first open enrollment, which advertising techniques worked and what lessons were learned to raise the number of enrollees further for 2015?
May 16