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Have you embraced supplemental benefit plans as a key part of your company’s benefits strategy? If all the survey data is accurate, employees are expecting employers to provide them with a variety of benefit plan choices that suit their unique lifestyles. Historically, supplemental benefits have been difficult for employers to manage because adding more benefit […]

The Department of Labor’s final fiduciary rules will have far-reaching consequences, even for organizations that don’t feel the rules apply to them. Plan sponsors must also take care because as part of their fiduciary responsibilities they need to monitor what their retirement plan service providers and advisers are doing to make sure they are in compliance […]

It’s not the biggest issue on the mind of the voters, but regardless of who becomes the next president, some big changes are in store for the healthcare market and the Affordable Care Act. Recently James Klein, president of the American Benefits Council (ABC) spoke at MetLife’s 2016 annual symposium in Washington D.C. about the […]

(Bloomberg) — Republican lawmakers aren’t giving up yet in their fight to kill stricter rules for brokers that have been championed by President Barack Obama. U.S. Capitol In what might prove a symbolic vote, the U.S. House passed legislation 234-183 Thursday that would block a Labor Department rule requiring financial advisers to put their clients’ […]

Change is not the order of the day for health savings account (HSA) limits in 2017. The Internal Revenue Service (IRS) issued its new guidelines for contributions and out-of-pocket expenses for HSAs that are tied to a high-deductible plan this week. Maximum Out-of-Pockets or individual and family accounts won’t budge next year, and contributions will remain intact for family […]

With developmental disabilities such as autism afflicting one in six children in the U.S., employers must find ways to help the millions of employees struggling to care for a child with special needs. As Dr. David Kaplan, senior partner and leader of Mercer’s Health Innovation LABS, notes, “The problems surrounding support for our clients and […]

As individuals assume a larger share of healthcare costs and responsibility, a new national Harris poll commissioned by healthcare concierge company Accolade reveals that employees are more comfortable buying a home or a car than managing health benefits and care. Nearly one-third (32%) of insured survey participants reported that they are uncomfortable with their personal […]

Business owners want to provide the best working experience for their employees, and benefits can be a significant part of a competitive compensation package and sustainable recruitment and retention strategy. Great benefits can help keep your employees happy, productive, and healthy, which can only be a boon to your business. However, even given the significant […]

Telemedicine has the potential to dramatically lower health care costs for U.S. employers, in fact, by as much as $6 billion annually, according to a Willis Towers Watson internal analysis from a year ago. But employees have been slow to adopt telemedicine. It’s new and different and they don’t yet know which medical issues are […]

A resolution to block the Department of Labor from implementing its finalized fiduciary rule passed out of the House Education and the Workforce Committee on a party-line vote. Rep. Bobby Scott, D-Virginia, ranking member of the Committee and one of the 14 Democrats to vote no on the resolution, said the markup session to pass the […]