Employee benefits

When it comes to retirement, many middle class Americans said 80 is the new 65 and plan to delay retirement because of worries over money, according to a new survey.

The report, “Prolonged Low Interest Rates Take Longer-Term Toll,” says depending on the amount of annuities and other interest-sensitive products in their product, U.S. life insurers may face a considerable amount of interest rate risk. “Despite a moderate uptick in rates through October 2011, the Federal Reserve’s unprecedented announcement of its intention to maintain record low rates through 2013 will further challenge insurers selling interest-sensitive life and annuity products,” the report states. “In addition, the latest Fed stimulus program (Operation Twist) has the potential to lower Treasury yields at the longer end of the yield curve.”

Bereaved spouses who have a relationship with a financial adviser can find the support invaluable in recovering their family’s financial bearings, according to a new survey. The poll, conducted by the New York Life Foundation and the National Alliance for Grieving Children, surveyed 548 parents who lost a spouse or partner and who still had children under the age of 19 at home. …

As the U.S. Supreme Court prepares to review President Obama's health care reform, more Americans want to it repealed than want to keep it, a poll released on Wednesday shows.

A majority of companies worldwide say they are becoming more knowledgeable about the use of social media tools to connect with and keep their workforces informed. In fact, more than two-thirds of companies surveyed by global professional services company Towers Watson plan to increase their use of social media tools over the next 12 months, though many question their cost effectiveness. The biannual study also found that companies with the best communication programs enhance the communication skills of their leaders and managers, and continuously evaluate performance.

The House Ways and Means Oversight Subcommittee held a hearing to discuss the relative unpopularity of the Small Business Health Tax Credit that is part of the health care reform law.

The nonprofit Center for Health Value Innovation released the initial results of employers completing the Health Value Accelerator finding that over 20 cents out of every dollar of revenue are going toward health care costs that are under-managed.

As employer-provided benefits continue to become a bigger portion of labor costs, organizations are increasing employee cost sharing as well as providing employee health education, wellness initiatives and financial education/advice. According to the Employee Benefits Accountability and Consumerism 2011 survey by WorldatWork, 45% of surveyed organizations report that turning employees into educated consumers of benefits is a very high priority for their organization's top management with more senior leaders now acting as advocates.

In today's BeAdvised, we turn to a former contributor of our sister publication, Employee Benefit News, Karrie Andes. Today, she's writing on two topics that never run short on blogworthy material: Form 5500 and the IRS. Enjoy, and be sure to share your thoughts.

Only 4% of plan sponsors have established goals to engage workers younger than 35 in their defined contribution plans, even though they know the younger generation's participation and contribution rates lag their older colleagues, a survey by Greenwich Associates for Northern Trust finds.

Many small business owners in the United States are reluctant to hire more employees in the near term as economic uncertainty and sagging sales continue to put pressure on company balance sheets, the latest index on small business optimism from the National Federation of Independent Business shows.

The percentage of Americans who have health insurance through their employer slipped to a new low of 44.5% in the third quarter, a drop of over 5 percentage points in three years, according to a poll released last week.

Are you providing a helpful owner’s manual with your CDHP plans? In today’s BeAdvised Helen Box-Farnen shares why ongoing education for participants just may increase the value of this plan.

For most employers, annual enrollment for this year is in the rear-view mirror. That means that you’re done with the emails, the newsletter, the guide, the meetings, the reminder postcard, the online enrollment system, and other communications, right? Not if you’ve implemented a new Consumer Driven Health Plan. Not if you want to avoid disruption from confused employees who are using a CDHP for the first time. Not if you want your employees to get the…

A national coalition of pharmacists and pharmacy owners announced last week a public information campaign to expose the unjustifiably high prices of prescription drugs set by pharmacy benefit managers, the unregulated, multibillion dollar industry that controls prescription health plans for more than 200 million Americans.

A series of interactive computer exercises designed to encourage healthy eating and physical activity didn't help keep middle school students from gaining extra weight, according to a study in the Netherlands.

Employee engagement worldwide remains at its lowest level since 2008, according to a recent Aon Hewitt report, with the largest drop in engagement being employees’ perception of how companies manage performance.

The percentage of Americans who have health insurance through their employer slipped to a new low of 44.5% in the third quarter, a drop of over 5 percentage points in three years, according to a poll released on Friday.

Employers and employees alike have found a more affordable health care option in health savings accounts, according to two national surveys released last week.

Millennials are by far the most confident about their ability to make the right benefit decisions, with 96% feeling “highly confident” versus 66% of Gen Xers and 64% of baby boomers, according to a recent survey conducted by The Guardian Life Insurance Company of America. However, nearly 80% of employees spend less than two hours evaluating their group medical, dental, life and disability insurance options and those same Millennials are in danger of being uninsured, according to the survey.