Employee benefits

With the support of the White House, the DOL today submitted to OMB its revised fiduciary rule proposal for retirement brokers, a move industry stakeholders are calling an ‘attack’ on retirement advisers.

It is no coincidence that the Tibble v. Edison case, set to go before the Supreme Court this week, has made it this far at the same time the Department of Labor is submitting its proposal to impose fiduciary responsibilities on brokers.

Lockheed Martin Corp. agreed to pay $62 million to end a lawsuit over claims it shortchanged 120,000 workers and retirees who participated in its pension plans.

Technology has clearly revolutionized health care – from mobile apps that help employees stay fit and eat right to telemedicine that brings operational efficiency to treatment. But perhaps most compelling is the way it is helping elevate the open-enrollment experience in keeping with the intended consumer-friendly spirit of the Affordable Care Act.

The plan would require brokers to act in a customer’s best interest, a change that could limit the earnings of financial advisers.

Having more choices is a priority, but most workers are confident in their employer’s selection, study finds.

Agentreview.net launches this month, aiming to give consumers one location to find and critique local insurance agents.

Health plan providers may soon face the similar detailed fee disclosure requirements as retirement plan providers under the Department of Labor’s (DOL) 408(b)(2) regulations.

The Centers for Medicare and Medicaid Services on Friday morning announced it will implement a special enrollment period for individuals who learn, at the time they file their taxes, of the Affordable Care Act-mandated tax penalty for not having health insurance coverage.

As the Supreme Court gets set to hear oral arguments next month in King v. Burwell, a case challenging the permissibility of subsidies to those who purchase health insurance on the federal exchange, states with hybrid exchanges could face a difficult decision should the Supreme Court ultimately rule the use of tax credits on the federal exchange is impermissible.

More and more employers are looking beyond curbing health care costs when measuring the success of health and wellness programs.

Both the Obama administration and states that run their own health insurance marketplaces are considering an extra enrollment period for tax filers who learn they owe a fine for not carrying insurance.

Specialty drugs are costly for plan sponsors and employees. Can value-based insurance design deliver better cost and clinical outcomes?

There are several important aspects of Obama's immigration Executive Order that potentially can impact employers in a wide range of industries.

The Treasury Department says it will delay enforcement of an ACA prohibition relating to standalone health reimbursement arrangements until July 1.

Although many defined contribution plan participants would benefit from setting aside more dollars in their retirement savings accounts, they at least are holding a steady course when it comes to tapping retirement savings prematurely.

The consultancy’s Web portal enables a variety of plans to be offered by employers, who are cutting back on benefits for retirees.

In the last quarter of 2014, the hiring picture changed very little, a calm that belies an important story.

How high-cost specialty drugs are altering the duties of the benefit adviser and pharmacy benefit manager

While there are several reasons pension plan sponsors are looking to address risk in their plans, reducing Pension Benefit Guaranty Corporation premiums remains a concern many plan to address in the coming year.