Employee benefits

A large part of the millennial population is still cooped up in their parent’s basements, but more are saying they are growing up by making more financial decisions following their first job. This blooming adult group, however, is missing out on the benefits of protecting their health through voluntary insurance, according to new survey findings from The Hartford.

A contribution strategy is the foundation of a benefits program and is a major factor in determining plan satisfaction. Therefore, it’s imperative that the benefits administrator and their insurance broker develop a sustainable contribution strategy that makes sense for the employer and workforce.

Employers looking to increase productivity should encourage employees to use their paid time off, an Oxford Economics study released Thursday suggests.

Now that the NFL report about bullying/harassment within the Dolphins' workplace has been released, the damage inflicted by bullying in the workplace is back in the spotlight. Bullying can lead to decreased job satisfaction, increased absenteeism and an overall decrease in workplace productivity, to say nothing about the personal toll bullying takes on the bullied.

It’s never too early for employers to examine ways they can minimize their exposure to the 40% excise tax slated to take effect in 2018 on so-called Cadillac-style health plans under the Affordable Care Act.

Over the next three to five years, the Affordable Care Act will likely have little impact on the health of the employed population as employers report they will continue to offer health care benefits. However, a large share will find ways to reduce costs through new approaches for the retiree population, according to a new survey from Aon Hewitt.

Despite its reputation for money management, financial giant BlackRock, Inc. recognized that its own employees still needed help making the right decisions about retirement and health care savings.

Employers offering spousal benefits are more likely to attract new employees and retain the ones they already have, a new study from staffing firm Spherion shows.

The world is getting smaller and smaller by the day. And as a result, brokers’ potential to work with clients from other towns, other states and maybe even other countries is getting bigger and bigger.

A survey found U.S. employers are increasingly looking at this option, following the lead of companies like Walgreen Co. seeking to reduce costs..

The president of the NBGH, who is retiring this spring, shares her thoughts about health reform and the future of employer-sponsored health coverage.

Employees with ready access to mobile devices, such as smart phones and tablets, prefer accessing employee benefit and pay information using mobile apps rather than using their desktops and laptop computers, an ADP Research Institute Study shows.

Employer-sponsored defined contribution plans – the fundamental core of retirement funds for about 80% of the full-time workers in the nation – need some alterations that will help boost plan participation among the part-time workforce and smaller employers, as well as offer better ways for workers and employers to contribute, according to a white paper released last week.

The dissatisfaction, disappointment and frustration with launch of the federal health insurance exchange could be expected, especially with the constantly elevating level of consumer expectations for e-commerce and other online systems. Meanwhile, the number of private exchanges continues to grow and are in a very good position to succeed.

While the intent of DOL fee disclosure regulations was to benefit retirement plan participants, results indicate there is much left to be desired. Employees have no idea what to look for or what their 401(k) fees even mean.

In a sign of just how difficult it is to rein in out-of-pocket costs, 35% of 2014 bronze-level plans in the Small Business Health Options Program exchange had deductibles that exceeded suggested annual caps under the Affordable Care Act.

Copayments and co-insurance fees have increased on average 34% compared with those of the pre-Affordable Care Act individual insurance market, according to the results of a new HealthPocket study released Thursday.

Industry onlookers are saying that the voluntary exemption in the Affordable Care Act will do little to improve dental health across the nation as projections point to federal and health exchanges doing little to lower costs for Americans. However, can private dental exchanges and savings plans help to fill this void?

A group of Republican representatives on the House Energy and Commerce Committee are demanding answers from the U.S. Treasury about the decision-making process behind the latest delay to the Affordable Care Act’s employer mandate.

From ignoring chronic disease to failing to align vendor and employer goals, defined-contribution health strategies through private exchanges are not right for every employer.