Compensation
Compensation
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Improving health plan services that constrain costs and ease administrative hassles could go a long way toward keeping employers in the game as health care reform unfolds in 2014.
June 23 -
As controversy continues to brew over the validity of a McKinsey survey finding 30% of respondents would likely drop employee health care coverage in the years following the implementation of health reforms state exchanges, a survey on the same topic from Lockton reveals a more conservative estimate: nearly one in five employers (18%) say they will consider terminating group coverage.
June 22 -
When financial advisers look to work with women, they should keep two things in mind: the wooing process tends to take longer, but they are usually more loyal, according to Sallie Krawcheck, president of Bank of America Merrill Lynch's global wealth and investment management unit.
June 22 -
Fewer Americans are getting medical coverage through their jobs than a decade ago but the 2010 U.S. health care law should help stabilize employer-sponsored insurance, two studies released on Tuesday showed.
June 22 -
Consultant McKinsey & Co defends the methodology behind its survey gauging employers' views on providing health insurance to workers, a report that drew criticism from U.S. health reform supporters.
June 22 -
Americas long-term care facilities are subject to rising liability costs, a new study from Aon Corp. and the American Health Care Association finds.
June 21 -
Combination life insurance products, which combine a pool of benefit dollars for covered long-term care expenses, a death benefit for beneficiaries, or both, showed tremendous growth in 2010, with new premium sales soaring 62% to $1.2 billion, according to LIMRA research released June 17.
June 21 -
Several major commercial insurers are paying claims faster, but their claims processing error rates are increasing, according to an annual report of insurer performance.
June 21 -
A recent survey from Principal Financial Group confirms that employees who use a financial adviser do significantly better at meeting their retirement savings goals than those who do not.
June 20 -
Providers of bare-bones health insurance plans have until September to seek exemption from certain coverage requirements set under the 2010 health care reform law, according to the Centers for Medicare and Medicaid Services.
June 20 -
Plan sponsors who forget to actually do discrimination testing run into all sorts of problems, including the possibility that their plan can be disqualified. To pass the Section 105(h) nondiscrimination rules an employer must meet two separate tests.
June 16 -
Enrollment in health savings accounts jumped to more than 11.4 million as of Jan. 1, 2011, according to an annual census released June 14.
June 16 -
Almost 80 percent of employers anticipate that there will be an increased demand for access to savings and investment advice about their 401(k) plans, according to a new survey.
June 15 -
Organizations that integrate workforce and business performance data into their analytics tools are nearly three times as likely to achieve best-in-class performance results as those who dont, says a new report on workforce analytics from Aberdeen.
June 15 -
As a workplace health and wellness consulting firm, Onlife Health decided to practice what it preaches when the company moved into new offices last fall. Its lease was coming to an end and while its old offices were adequate, the company decided to go to market to see what was available.
June 15 -
As the saying goes, there's no such thing as a free lunch. Yet, according to a recent survey by AARP, 71% of 401(k) plan participants reported that they pay no fees for their plan. When told of the fees, six in ten (62%) were not aware of the amount they pay in fees to maintain their account. Just under one quarter (23%) of those surveyed said that they do pay fees.
June 15 -
This article is the third and final in EBN's annual Preparing for Open Enrollment series, and presents benefits professionals' advice on when and how to rollout a wellness program. The first two articles are available at ebn.benefitnews.com/openenrollment.
June 15 -
My mother has the day off every other Friday, which I highly envy. She also works nine-hour days for the privilege, which I do not envy.
June 15 -
In high school, I remember sitting for hours typing documents on printing shells for my school's Ditto machine. While my peers rushed to class in the afternoons, I sat silently typing quizzes, handouts and tests. Other students called me "little miss goody two-shoes," but I didn't mind. I knew working in the school office would teach me the necessary skills to succeed.
June 15 -
When government officials in Orange County, Fla. decided to move to a consumer-driven health plan last fall, they knew they would have to approach communications in a new way. While the county has 6,500 employees, its health plan covers approximately 19,000 lives, including dependents and employees at a few other government agencies.
June 15