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Ever since the Supreme Court issued its ruling to uphold the Patient Protection and Affordable Care Act last Thursday, family, friends and colleagues have been asking me, What do you think of the ruling? Is it good? Is it bad? Does it matter? In the grand scheme of things, maybe it matters; maybe it doesnt. Yet, in case you wondered, here it is.
In Chicago's South Side, a young man is just beginning his career in a steel manufacturing firm and an older man is approaching the end of his career after 49 years on the job. These two men work closely together, despite their significant age difference. Christian Reyes is a Millennial. He was born in 1991. Millennials have been shaped by dramatic technological advances. The Internet has always been a part of Christian's life. He's on Facebook and Twitter.
High-deductible health plans are popular among employers because – at a time when health care costs are increasing at an average 10% per year – the plans tend to save companies a lot of money.
Now in their fourth year, EBN's i-COMM Awards recognize the best in internal communication of benefits. EBN honors initiatives that advance the objectives of the benefits/HR department and the strategic goals of an organization, including increasing employees' benefit participation, helping employees derive greater value from benefits, improving employee satisfaction and/or achieving cost savings.
Upheld by the Supreme Court in a 5-4 decision, The Patient Protection and Affordable Care Act remains the law of the land. Employee Benefit brokers and consultants across the country react and share their plans for moving forward.
After spending years studying what separates good companies from great ones, author and researcher Jim Collins knowing that great companies have great leaders believes hes isolated the formula that yields superior corporate leadership, and shared it Tuesday with the keynote audience at SHRMs annual conference in Atlanta.
Over 13,000 benefits and HR professionals gathered in Atlanta, GA this week to learn from experts and thought leaders in health care, retirement, benefit plan compliance and government policy at the 2012 Society for Human Resource Management conference. View highlights of the 2012 event and feel as if you were (almost) there!
Just one day before the Supreme Court is due to rule on the constitutionality of the individual mandate in the Patient Protection and Affordable Care Act, benefits industry professionals are planning for every outcome. Whether the entire health care reform law is upheld, only the individual mandate is invalidated or the law is struck down completely, employers and health care experts have begun strategizing for each what if scenario. EBN interviewed a group of HR/benefits professionals, legal experts and consultants to find out what immediate action they will take depending on what the Court ultimately decides in its ruling, due June 28.
Although it seems most Americans are set in their views of health care reform, the health insurance industry is launching a PR campaign to change how it is viewed, and is leveraging the Supreme Court's impending ruling on the law to do so.
Mercer has identified a clear global trend in sponsors of defined benefit pension plans accelerating their intentions to manage their pension risk and ultimately transfer it to external parties.
Although there are many ways for an employee wellness program to veer off course or have no impact at all, guest blogger Linda K. Riddell offers three surefire signs that your wellness program is not hitting the mark.
For job seekers and employers alike, LinkedIn provides a valuable service. While many features are free, the professional social networking website dangles an array of additional tools for a price. For those on a budget, is a LinkedIn Premium account worth the money?
Eligibility for participation in a 401(k) plan is one of the single-most important factors in closing the retirement savings gap for Generation X, according to a new report by the nonpartisan Employee Benefit Research Institute.
Where does your city rank? Aon Hewitts 2012 People Risk Index measures the risks that organizations face with recruitment, employment and relocation in 131 cities worldwide by analyzing such factors as demographics, access to education, talent development, employment practices and government regulations. Here are the top five lowest risk cities — in descending order — in which to recruit, employ and relocate top talent. (Images: Thinkstock)
According to a new survey from TD Ameritrade, 52% of working adults agree with the statement, I am looking forward to retirement; the other 48% were either neutral or disagreed.
Municipal bond mutual funds continued their hot streak. As the market saw modest firming, muni bond funds saw inflows for a ninth consecutive week.
In a June 12 letter to congressional leadership, American Benefits Council President James A. Klein urged swift enactment of legislation to stabilize pension plan funding while expressing strong concerns about efforts to increase employer-paid insurance premiums to the Pension Benefit Guaranty Corporation.
In its annual report on how much it cost to raise a child from birth to age 17, the USDA calculates the grand total for kids born in 2011 is $234,900 (nearly $296,000 when accounting for inflation).
What do you get when you combine a three-year-old learning his ABCs, a six-year-old who wonders what daddy does for a living, and a nine-year-old who thinks its "cool" that daddy likes to write? You get the 2012 version of the employee benefits ABCs!
Last fall, our benefits team received a request from the executive staff: "How can we encourage retirement in 2012? And if we can do it, should we?" We completed our analysis and recommendations, highlighting risks to avoid, best practices and permissible approaches. We never believed we'd actually implement something.