Practice and client management

Benefit advisers in several states have received new fee arrangements from Aetna that eliminate commissions on small-group business, causing an uproar among brokers, many of whom question the legality of such a practice.

HR departments lack a clear understanding of fees and commissions attached to private exchanges, with many early exchange adopters uncovering fees once they start using the model.

Aiming to simplify a process akin to “herding cats,” with no unity or way to compare offerings, exchange helps plan sponsors with their fiduciary responsibility.

Upfront information, auto features and tailoring communication and education specific to younger employees can help boost participation.

Shares of health insurers from Cigna to Aetna surged on speculation that the industry is heading for a round of mergers to boost profits.

Many employees are unaware of the causes of disability leave and about gaps in their coverage, and a DI advocate inside the firm can help educate individuals about these common misconceptions.

HHS Secretary Burwell says a Supreme Court ruling upholding the legality of subsidies on the federal exchange should shift the conversation about the ACA away from politics and toward improving access to affordable quality health care.

ADP filed a defamation lawsuit against Zenefits Tuesday, heating up a quarrel between the companies that ignited when ADP disabled Zenefits’ access to its systems for shared clients. The HR tech firm calls ADP's actions anti-competitive fear tactics.

Generalists and small-market plan sponsors are likely to be the most negatively affected, according to a retirement conference panel.

The new reality of health care is here: shopping for benefits online via simple mobile apps; virtual care anytime, anywhere; and games to make chronic care management appealing. Despite that, challenges remain in the move to true digital health and, with it, better outcomes, a top Cigna executive said Monday.

Retirement relates to all other parts of the financial pie, and that’s the conversation advisers should be having with clients.

More brokers are inquiring about the product these days, and industry experts anticipate recent growth to continue as awareness spreads.

Commentary: Changing the course of ongoing consumer engagement will empower consumers to embrace the new consumer-directed health care dynamic and start changing their own behavior.

Commentary: This practice may be eliminating opportunities for investors to purchase products which could greatly improve the emotional and financial well-being of the client in their retirement.

Commentary: Employers should be vigilant when developing strategies which can run afoul of new rules. The penalties are severe.

Benefit advisers can be a ‘vital’ resource for low-income earners who, according to new research, need better understanding of and engagement with their employers’ benefit offerings.

By now, some of your clients have come to you with a problem: How do I address this tax filing for IRS 6055/56? For some reason, their payroll vendor is unable to deliver or wants an arm and a leg to do the filing. You hold out hope that somehow this will blow over and get resolved. But as we get into the summer months, a greater number of your clients lacking in options will…

Commentary: Most millennials are not attracted to the idea of working in insurance. With that in mind, you must draw college students in and capture their attention in ways that more alluring industries don’t typically need to, says millennial adviser Eric Silverman.

The proposals for Healthcare.gov plans are subject to a review process before the final rates are published by Nov. 1.

Commentary: The changes you may need to make to compete effectively in a future benefits world may be dependent on some prediction as to where you think the market is going.