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Benefit insiders fear merger and acquisition activity in the health insurance industry is eroding market competition, a trend that could lead to increased premiums for employers and individuals. Recent research from the American Medical Association identifies the top 10 states with the least competitive PPO markets.
Because of globalization, many issues related to business, health and society tend to be more and more common between geographies, says Nicolas Michellod, a senior analyst with Celents insurance practice and co-author of a report that identified trends that are playing a major role in the employee benefits market. Conditions that impact their employees health and productivity encourage companies to look for services beyond traditional benefits schemes.
This weeks news included reports that found Healthcare.gov botched $600 million worth of contracts and more than 2 million public exchange enrollees eligible for cost-sharing reductions are not receiving the subsides because they selected a non-qualifying plan. Heres what EBA readers had to say.
Back to school means hitting the books for students and advisers hoping to grow their book of business or improve their professional outlook. Financial advisers, industry executives and others share some favorite titles authored by advisers. These 10 books cover a range of topics from succession planning and practice management, to investment advice and tips on smart retirement planning.
Increasing merger and acquisition activity in the health insurance industry continues to decrease market competition and benefit experts fear it will lead to increased premiums for employers and individuals. Recent research from the American Medical Association identified the 10 states with the least competitive health insurance markets.
As health care continues to garner the attention of the C-suite, benefits professionals are becoming key players at the executive level. Here are six critical skills and areas for benefits pros to master if they have their sights set on the job of chief human resources officer, courtesy of Aon Hewitt research that looked into what it takes to develop the next generation of CHROs.
EBA readers share their views on the Affordable Care Act, rising medical and pharmacy costs and younger generations perception of buying insurance.
As organizational culture becomes an increasingly important attraction and retention tool, its important for benefit managers to pay attention to potential detractors. Tom Gimbel, founder and CEO of LaSalle Network, a staffing and recruiting firm, shares five ways to identify employees who might be draining the positivity out of the workplace.
Innovative ideas, successful strategies and cutting-edge solutions for benefits pros
Over the next five years, millennials are expected to begin taking on the majority (70%) of managerial roles in the American workforce, according to a recent survey by Staples Advantage. And as their presence grows, so too will benefits expectations. Here are six perks that appeal to this up-and-coming generational powerhouse.
When a retirement adviser uses a written plan, it helps to increase confidence, satisfaction and trust with affluent clients, however, just half of these consumers have a formal written plan, according to a recent LIMRA Secure Retirement Institute study. Heres how written plans can benefit advisers and their clients.
The thin veil separating work and personal life is becoming even more transparent as technology evolves and employers demand more from employees. Findings from the American Psychological Associations recent Work-Life Survey highlight employees' perceptions of their work-life benefits.
With ACA software solutions flooding the market, it can be difficult to decipher which ones do what and which ones to offer with confidence to employer clients. While there are many valuable solutions that work, here are four solutions the corporate law firm Balch & Bingham LLP say deserve consideration.
Since the June posting of the Private Benefit Exchange Index, the eight exchange operators participating in the PBE Indexs data collection effort report that more than 335 employers have moved to an online benefits marketplace
EBA readers react to a variety of topics, including Zenefits posting comparisons to competitors, reporting requirements under the Affordable Care Act and a disparity between broker offerings and employer needs.
Its open enrollment season and many employees approach this annual event with trepidation. Choosing a medical plan, figuring out HSA contributions and whether to opt in or out of vision and dental coverage is such an overwhelming task that many workers approach open enrollment with annoyance and dread, according to a survey by VSP Vision Care. Here are a few other fun facts about how employees really feel about open enrollment.
Meeting the Affordable Care Acts reporting requirements is no easy task, and there are plenty of misconceptions surrounding those requirements. Here are seven myths of ACA reporting to help advisers and their employer clients comply with the law and avoid penalties, according to benefit administration and exchange provider Maestro Health.
With the recent stock market swings, many employees are on edge about the future of their retirement nest eggs. A recent study from Charles Schwab provides some critical insight into the attitudes and behaviors of 401(k) participants.
Although employers should proactively strive to create and maintain a safe work environment, no amount of preparation is guaranteed to prevent conflicts. But experts from the Society of Human Resource Management have provided these tips to help benefit managers and others create a safe work environment.
Employee benefit firms owe a lot of their success to teamwork, which can be challenged by absentee or tardy employees. Traffic is the most common cause of tardiness among employees (50%), followed by lack of sleep (30%) and bad weather (26%). But those are just the tip of the iceberg, according to CareerBuilder. Here are some of the most bizarre reasons employees actually said they were late to work.