Employee benefits

Most employers have still not determined how they will comply with complex ACA reporting requirements that began Jan. 1. Benefit brokers and consultants should be discussing the requirements and the solutions with their employer clients, experts say.

Finding ways to deter painkiller abuse has been a high priority for the U.S. Food and Drug Administration in recent years. And with opioid abuse costing U.S. businesses close to $26 billion a year, health plan sponsors should take note as well.

When looking to attract and retain employees – and when benefit programs are mostly comprised of standard health plans and standard 401(k) programs – employers should consider workplace culture as a key differentiator.

The benchmark for demonstrating return on investment of population health management programs has been medical cost savings. But that's notion is changing as employers are discovering that several other measures of program success are also in their grasp.

April was a better month for the 100 largest U.S. corporate pension plans, with their funded status rising to 82.6% from 80.9%.

Commentary: By reframing and renaming these benefits, you can avoid any knee-jerk reaction to or bias against “voluntary benefits,” says columnist Nelson Griswold.

The proposed regulations provide guidance on the extent to which employers may use incentives to encourage employee participation in wellness programs that include disability-related questions and/or medical examinations.

Commentary: Having watched the physicians obtain 17 legislative delays on SGR, adviser Craig Hasday is less than optimistic that the federal government will be successful in their laudable efforts at payment reform.

Commentary: Small employers that reimburse employees or pay directly for all or part of their health coverage have a short window to cease this practice, or they will be subject to an expensive excise tax.

When saving for the future, many people opt focus on their children’s opportunities rather than their own. The College Savings Plan Network encourages employers to offer benefits options, such as a 529 college investment plan, to help their employees save for their children’s college educations.

Nearly one year after the U.S. Supreme Court’s June, 2014 ruling in the landmark Fifth Third Bancorp v. Dudenhoeffer case, employers that use company stock in their retirement plans are gearing up for changes.

Best-performing state exchanges have thrived on strong, coordinated and targeted outreach, as well as enrollment-assistance programs that are embedded in the community.

Commentary: There are certain areas of an asset allocation where there is real danger to blindly investing in passive investments.

Commentary: Many workers prefer to access financial products, including insurance, in the workplace. This intersection of employer awareness and employee preference has created an opportunity for employee benefit advisers, says Prudential’s Lori Fouché.

Success on Wall Street and buyer demand has created ‘a crazy marketplace right now.’

As U.S. employers move away from defined benefit pension plans in favor of self-directed retirement accounts, workers have become responsible for their own investment and longevity risk in retirement – something they’ve never had to deal with before and don’t understand very well.

The U.S. Congress adopted a budget that will allow Republicans to bypass Democrats and send a repeal or revision of President Barack Obama’s landmark 2010 health-care law to his desk.

As the country celebrates small business week, a time to appreciate the contributions these employers give to the economy, some debate how small companies can best give back to their employees’ financial wellness and, ultimately, retirement readiness.

A slew of hot-button topics, from health care to retirement, are being discussed in Washington –both on Capitol Hill and in the halls of the Supreme Court. As a result, it is imperative employers remain focused and aware of the looming decisions that could change the benefits community.

Remote access to care is expected to soar as telehealth offerings prove to be major time and money saver for employers.