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House Minority Leader John Boehner (R-Ohio) last week unveiled a plan to prop up the nation's struggling defined benefit and defined contribution retirement plan systems, and offer help to Americans in boosting retirement savings.
I don't believe the issue is going to be that employees will have to obtain their own benefits. I think the issue is going to be that, potentially, the government is going to step in as a benefits provider, especially in healthcare.
In this month's EBN, Integrated Benefits Institute President Thomas Parry details the organization's findings after surveying more than 500 employers to document their use of incentives and disincentives to encourage health and productivity for their combined 5 million employees.
Nearly half of U.S. workers foresee a future in which employers will not offer workplace benefits, such as health insurance and retirement savings plans, according to a survey by Fidelity Investments´consulting services group reported on BenefitNews.com.
Earlier this afternoon, I posted live Twitter updates on President Obama's first -ever online web-hall meeting. Taking a variety of questions from Internet viewers and a live White House audience, the president addressed several queries on health care.
First care coordination is debunked, and now this? A new study published in the February issue of the American Journal of Managed Care rips another page from the cost-containment playbook and turns it into confetti, concluding that step therapy — which substitutes "Mercedes" brand-name prescription medicines…
In a column last Sunday in the Austin-American Statesman, commentator Scott Burns wrote:
To put it mildly, helping employees feel financially secure in this economic environment is challenging. The Principal Financial Group® believes companies meeting the challenge deserve to be recognized, and thus have opened the eighth annual search for The Principal® 10 Best Companies for Employee Financial…
I love any excuse for a party, but this is a genuinely good reason: The International Foundation of Employee Benefit Plans is once again leading the celebrations for the annual National Employee Benefits Day (April 2).
On the heels of last week's release of Department of Labor model notices to guide employers in explaining the federal COBRA subsidy for laid-off workers, EBN and sister publication Employee Benefit Adviser will moderate an informational web seminar tomorrow, March 25, offering more information about the…
This month, Contributing Editor and EBN legal eagle Frank Palmieri helps you find the devil in the details of the federal suspension of the required minimum distribution provision in the Worker, Retiree and Employer Recovery Act. WRERA suspends for 2009 IRS rules that compelled retirees age 70 1/2 and…
It's no secret, the world's gone a-Twitter. Whether being used to communicate with friends, colleagues or like-minded strangers, the social networking site Twitter experienced 1,382% growth between February 2008 and February 2009.
Tell the truth – which training session would you rather go through: Spending two hours watching PowerPoint slides go by or playing a video game? The benefits and communications teams at Assurant Employee Benefits, a Kansas City-based benefits carrier, thought employees would be more engaged by the…
A workplace without walls? Encouraging socializing among coworkers? The folks at Gensler, a design, planning and strategic consulting firm, are big proponents of both. Read up on why in a two-part series in the February and March issues of EBN.
The news is going from bad to worse on target-date funds. Performance is flagging, and the latest from EBN's sister publication Money Management Executive: Allstate has decided to cancel its seven ClearTarget Retirement Funds after only 10 months, saying that it has decided to exit the target-date mutual…
Employees are getting hit with a bunch of health care letters these days: HSAs, HRA, CDHPs. And before you toss more at them, VBBD (value-based benefits design), experts tell EBN you need to get into their minds to change workers' attitudes toward health care quality and cost.
Amid rising health care costs and other economic worries, a majority of large U.S. employers remain confident they will continue to offer health care benefits to workers 10 years from now. However, the level of confidence has slipped from last year due to economic concerns and uncertainty over the implications…
As financial and litigation fears both have employers on edge, an EBN report this month offers employers three letters to help protect themselves when making benefits changes/reductions: S, P, D.
When President Obama told attendees at this month's White House forum on health care reform that there were "no sacred cows," and "all options are on the table," few suspected he meant taxing health care benefits, as he campaigned hard last year against Sen. John McCain (R-Ariz.) for proposing just that….
As news has spread that AIG — beneficiaries of more than $170 billion of our money in government bailout funds — is paying out $175 million in executive bonuses this week, the response has been unfavorable, to put it mildly.