Employee benefits

According to a new survey from Symantc Corp., the negative consequences from a social media misstep cost a typical employer $4 million per year. For a 140-character message on Twitter, that’s more than $28,000 per character — an eye-popping sum that will make HR/benefits professionals want to literally watch employees’ Ps and Qs on social media sites.

A new bill introduced in the Senate last week could help consumers keep their employer-sponsored flexible spending account funds at the end of the year.

President Ronald Reagan was famously known as the “Great Communicator.” In a commentary for the New York Daily News to mark what would have been Reagan’s 100th birthday, Fred Thompson said Reagan’s reputation as The Great Communicator “boils down to three basic traits: he was simple; he was clear; he was sincere.” …

A recent survey shows that both employed and unemployed job seekers look beyond the money, to the benefits

On July 11 when Health and Human Services (HHS) Secretary Kathleen Sebelius, announced rules for the new state health insurance exchanges, she did so with an air of caution, telling stakeholders to expect more modifications before they become final. That may prove to be an understatement.

People who have trouble reading and understanding health information may also be worse off when it comes to their actual health, a new research review finds.

An online cartoon is changing the way employees think about voluntary benefits.

Nationwide Better Health, part of Nationwide Mutual Insurance Company, will close its doors in September after five years in the wellness and productivity business.

Lincoln Trust Company has introduced the Personalized Expense Ratio for the 401(k) plans that it administers. The ratio is designed for participants, plan sponsors and advisers to see the actual cost of their plans without having to perform calculations themselves.

Health insurer Aetna will double the size of its business of administering consumer health care accounts with a $202 million acquisition of PayFlex Holdings, which does business as PayFlex Systems.

While recent legislation has sparked debate about suitability versus fiduciary standards, a majority of investors do not understand the difference between the two, a survey by J.D. Power and Associates finds.

It may be strange to read about a hot dog firing, but the case of Nolan Koewler of Evansville, Indiana is an incredible example of why you need to be clear with all of your employees, and post notices so everyone gets the message.

As major market changes loom, one report says health insurance providers that wish to access this giant pool of potential customers will need to shift toward a consumer-focused model.

Although the National Association of Insurance Commissioners on July 12 tabled their support of H.R. 1206, a bill that would exclude insurance agents’ compensation from the medical loss ratio equation, “there’s a lot of work still to be done on this issue and we look forward to our continuing work with the NAIC, HHS and Congress to find a suitable solution,” says Brianne Mallaghan, director of communications for The Council of Insurance Agents & Brokers.

When Americans think about retirement one of the main obligations they feel is the need to offer financial assistance to their adult children. More than 60% of respondents to a July 12 SunAmerica Financial Group survey expect that they will be helping their adult children as well as their spouse, grandchildren and siblings.

U.S. deficit-reduction negotiators are looking at imposing new limits on existing tax breaks for employer-provided health insurance, a senior Democrat in the U.S. House of Representatives said Friday.

American workers lapsed into investing inertia after the market collapsed in 2008, but standing still actually benefited many and helped their workplace retirement plan balances rebound by 31% between 2007 and 2010, Vanguard said this week.

Your participants want to sue you! Yep, that's right. Apparently there is a whole cottage industry springing up relating to participants suing for hidden fees.

Eastbridge’s annual U.S. Worksite Sales Report found that voluntary sales in 2010 were $5.243 billion, down about 3% compared to 2009. Although the number dipped slightly not all companies saw a decrease. The consulting firm recognizes Wellpoint and CIGNA as leading the industry in voluntary sales growth.

When individuals are faced with too many options they become paralyzed and don’t make the best decisions — even when it comes to 401(k) options, according to a new study co-authored by Columbia Business School and University of Chicago Booth School of Business.