Compensation
Compensation
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California regulators subpoenaed MetLife Inc. and plan a hearing on the company's practices involving the payment of benefits after learning of an insureds death.
April 28 -
Have HR and benefit professionals who work for midsize employers lost their hunger for cafeteria plans in austere times? It seems that the answer depends on semantics and plan design nuances.
April 28 -
Under the Patient Protection and Affordable Care Act (PPACA), the establishment of health care exchanges to enable individuals to purchase health insurance on the open market is proceeding as scheduled.
April 28 -
Exchange-traded funds are likely to grab a significant share of the 401(k) market in coming years, according to Skip Schweiss, president of TD Ameritrade Trust Co.
April 27 -
Helping employers get more bang for their health care buck is the focus of a new online tool from the Center for Health Value Innovation.
April 27 -
U.S. spending growth on prescription drugs slowed to 2.3% in 2010, the second lowest level in 55 years, according to a report by consulting firm IMS Health.
April 21 -
Those who operate a retirement plan face significant potential liability and risk, cautions a new Lockton report.
April 19 -
The Leapfrog Group, an employer coalition advocating increased health care quality and safety, joined many other organizations in applauding the Obama administration's new $1 billion Partnership for Patients safety program.
April 18 -
"Why Work Sucks and How to Fix It: The Results-Only Revolution," by Cali Ressler and Jody Thompson, is an easy read that outlines the concept of ROWE (Results-Only Work Environment) and how implementing ROWE can revolutionize work as we know it.
April 15 -
Employers nationwide - big and small, retail and high-tech - are watching and waiting keenly to see whether the public state exchanges created under health care reform will succeed when they open for business in 2014. Small employers and those with low-paid or part-time employees are especially interested in finding out whether funneling their employees into, or finding coverage for them through, an exchange would be beneficial.
April 15 -
Having spent about 30 years in health care benefits consulting, health plan management and health services delivery, I've witnessed many products, services, strategies and platforms introduced to the employer market, climb to the top of the solutions menu and eventually fade away as more effective alternatives emerge. One very popular solution today is the onsite health clinic.
April 15 -
As a CPA with 20+ years of experience, I'm a big supporter of accountability and company audits. (See a related story on page 10 on benefit plan audits.) Early in my career as an auditor, I made a living by ensuring companies said what they did and did what they said. The Statement on Auditing Standards No. 70: Service Organizations, commonly known as the SAS 70, has been an industry staple since its issuance in 1992 and a requisite for service providers to test internal controls.
April 15 -
Not complying with current law can be expensive in today's legal climate. Thus, employers should review their employee handbooks and employment-related policies to make sure they are up to date. More importantly, though, employers should draft their handbooks so their employees actually read them and follow their policies.
April 15 -
Some employers are investing more time and resources to find out whether workers are tobacco-free and in the process are rewarding those who pass muster with lower health premiums or financial rewards.
April 15 -
Its no surprise that unhealthy employees cost employers big bucks. But a new workforce wellness index shows that the unhealthy behaviors of the U.S. workforce cost employers an average of $670 per employee annually.
April 14 -
Even though 68% of workers are saving for retirement, nearly half (46%) have less than $10,000 saved for retirement, and 50% are not confident they will have enough money to live comfortably in retirement, a survey by the Employee Benefits Research Institute found.
April 13 -
A new statewide survey by the Georgia Association of Physician Assistants is stirring debate about the extent to which insurance protocols serve as harmful barriers to patient care or necessary cost controls.
April 12 -
A program including regular follow-ups with nurses and focused attempts to cut back on TV, fast food, and sodas appears to keep some overweight and obese kids from gaining more weight, according to a new study.
April 11 -
A large online survey of medical practices, with nearly 4,600 responses, finds no consensus that electronic health records systems increase physician productivity.
April 7 -
Most health systems adopting an accountable care organization model will lose money during the first three years, according to a report posted on the New England Journal of Medicine Web site.
April 5