Health care employers are changing the way they manage their retirement plans and are relying more on plan providers to administer their plan and help them meet their fiduciary responsibilities, according to a nationwide survey of nearly 200 health care plan sponsors.
After significant cutbacks in employer matching contributions over the past few years, 30% of employers in a recent poll are planning to reinstate previously eliminated or reduced matching contributions during 2011.
Financial incentives have taken on greater importance in the drive to increase employee participation in health improvement programs, according to a recent survey from Fidelity Investments and the National Business Group on Health.
Achieving better overall health is the top reason American workers (43%) report they participate (or would participate) in a wellness program, according to the latest Principal Financial Well-Being Index.
As a result of health care reform, employers especially smaller ones are turning to their benefits consultants, brokers and agents for more help, according to a new poll from MetLife.
Plan sponsors might not always distinguish one retirement plan from another, especially because the industry has effectively turned the products into commodities. But they do remember the consultants.
Sponsors of 403(b) plans took important steps forward in managing their plans over the past three years, despite a grueling economy and sweeping new regulations, according to a new survey of 403(b) plan sponsors from the Profit Sharing/401k Council of America.
Sales opportunities for long-term care insurance may be greatest among baby boomers who have seen its value first-hand: Among those whose parents collected on a policy, 72% said it was a good value, according to a new survey from Mathew Greenwald & Associates.
For the second year in a row, medical plan cost increases in 2010 were about two percentage points lower, on average, among employers with extensive health management programs.
The average 401(k) account balance of consistent participants grew by 32% in 2009, according to a new report from the Employee Benefit Research Institute and the Investment Company Institute.
Welcome to By the Numbers
Welcome to By the Numbers, produced by Employee Benefit News and Employee Benefit Adviser. As an electronic extension of the popular, long-running feature in our print publication, By the Numbers provides a compilation of key data points around current conditions, and trends, in health care, retirement plans, work-life benefits and the high-growth area of voluntary benefits.
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