Healthcare plans

Through a new group annuity program, Towers Watson may have found a solution to retiree medical costs – a burgeoning problem for employers. The option eliminates the financial risk from the table and limits the administrative burdens linked to the benefit.

Employers across the country may be expecting to offset higher health care costs through private health exchanges and boosting wellness offerings. However, HR leaders interviewed in a new PricewaterhouseCoopers report say that the push to private exchanges is being fueled by C-suite executives and not benefits professionals.

Nearly four years after the enactment of the Affordable Care Act more than half (53%) of Americans disapprove of the law — but most of those opponents now say they want politicians to make the law work, according to a new Pew Research Center study.

Investment committee, benefit committee, annual meetings … Do your clients know what their plan documents promise? Here’s why they should.

The number of Americans using medication to treat attention deficit hyperactivity disorder rose 36% in five years, totaling more than 4.8 million privately insured individuals in 2012, according to a recent report from pharmacy benefit manager Express Scripts.

Benefit brokers can better position themselves as a trusted adviser by helping clients maintain compliance with these ERISA requirements.

Despite one-third of respondents not having health insurance, a new Gallup poll finds that approximately 66% of Americans are satisfied with the current health system as more expected changes from the Affordable Care Act’s individual and employer mandate continue their rollout.

The number of employers contributing to health savings accounts or health reimbursement arrangements continues to grow, with 71% of employees reporting contributions from their employers in 2013, according to a new report by the Employee Benefit Research Institute.

New research from the Commonwealth Fund suggests that small business owners should consider the Small Business Health Options Program as a means to navigate the choppy waters in this post-Affordable Care Act world through competitive choice.

Insurers offering family policies to a person with an opposite-sex spouse must also sell to someone whose spouse is of the same sex, regardless of whether the marriage is recognized by their state government, the Department of Health and Human Services said.

As open enrollment for marketplaces on Healthcare.gov will conclude at the end of the month, federal health officials have nabbed NBA star LeBron James to shoot up a buzzer beater that will garner more attention from Americans in need of affordable health insurance.

Under the Department of Health and Human Services’ final rule issued March 5 on the reinsurance fee imposed under the Affordable Care Act, some employers may be exempt in 2015 or 2016. Is your client exempt?

Private industry employers spent, on average, $29.63 per hour worked for total employee compensation in December 2013, the U.S. Bureau of Labor Statistics reported Wednesday. Wages and salaries averaged $20.76 per hour worked and accounted for 70.1% of that cost, while benefits averaged $8.87 and accounted for the remaining 29.9%.

Like it or not, limited plan options seem here to stay. Brokers and employers discuss their strategies for navigating through them.

More and more employers are looking to wellness programs to help relieve the expected burden of the Affordable Care Act’s excise tax on their high-cost plans. While 35% have already taken action to add or improve these supplemental programs, approximately 47% say they are considering this option, according to a new employer survey from Mercer.

Four of five U.S. companies have raised deductibles or are considering doing so as health costs increase, according to a Mercer survey of more than 700 employers.

Rising health care costs are driving employers to audit their covered dependents to eliminate working spouses.

While health insurance companies are introducing themselves to customers in new markets through new channels, 41% of existing health plan members feel they do not have enough coverage for routine visits, serious illness or injury, health and wellness programs, routine diagnostics and drug coverage, says new research from J.D. Power.

Benefits and risk management consulting firm Laurus Strategies launches a private exchange consulting practice to help employers identify vendors and determine the feasibility of moving to a private exchange.

The percentage of Americans who currently obtain health insurance coverage through their employers continues to drop, indicating an ongoing trend among benefit plan sponsors and HR decision-makers to shift costs to public and private exchanges.