Employee benefits

Once he ‘stopped doing what’s safe,’ the Ohio adviser found group captives can substantially cut expenses for small and midsize employers.

RA medicine accounted for nearly half of specialty drug spend last year, inducing the pharmacy benefit manager to introduce a personalized savings program that could save employers $500,000 a year.

The new tax law has extended the grace period for outstanding 401(k) loans made by workers who switch jobs, luring more participants to borrow from their accounts, exposing them to greater risk.

Given the penalty amounts, the importance of keeping an eye out for the IRS statements and acting quickly cannot be overstated, says benefits consultant Zack Pace.

Plan sponsors should limit the number of fund selections, provide more fixed income choices and offer index options.

– Airline pilots, still resentful over pensions yanked away in a wave of industry bankruptcies, see growing company profits as a chance to reclaim some of those lost benefits.

This deal has strategic and financial benefits for Albertsons and helps the grocer avoid a choppy IPO market, but also gets it deeper into the increasingly tough and competitive pharmacy business.

Employers who failed to provide affordable healthcare are receiving notification of fines ranging from $2,080 to $3,480 per employee.

More firms are managing healthcare spending with self-insurance, leaner plan options and pharmacy benefit carve-outs, according to Gallagher research.

2018 EBA Rising Star in Advising Taylor Lindsey works to deliver lower costs for a complex industry.

HHS proposed allowing short-term plans to be sold for coverage periods of up to a year, up from the current maximum of three months.

Taxation of retirement plan distributions and Social Security benefits remains unchanged under the new tax law, but retirees are likely to see an increase in after-tax income.

Three examples of successful benefit counselor-guided client meetings that solve common company pain points.

Throughout the process of handling ID theft, many workers worry about the extent of the fraud and its impact on their financial future.

A plan that includes employee coaching and support teams, financial incentives and prescription management is key.

The growth in U.S. healthcare prices is projected to outpace economy-wide inflation for the first time since 2010.

The cake maker is providing hourly employees with a cash reward, a 401(k) contribution and a year’s supply of its products.

Companies are more likely to offer one-time bonuses and minimum wage increases rather than lasting changes to their benefits package, according to a new survey.

The home improvement retailer has added adoption assistance and stretched paid parental leave while also allowing new employees to enroll in health benefits sooner.

While still an up-and-coming industry, Rising Star in Advising Matt Gilroy is diving head first into the field and is already seeing a profit.