UnitedHealth Group’s $12.8 billion purchase of pharmacy benefit manager Catamaran Corp. continues a trend of PBM acquisitions, and there’s more to come, industry consultants say. In the long term, that may mean lower costs and more data availability for employers.
There’s room to grow in the investment-only variable annuity space, and educated advisers are the key.
For many taxpayers, their first introduction to the ACA may be the Form 1095-A that they receive in the mail, and bring with them — or forget to bring with them — to their tax preparer. Many have questions about the form, and state exchange call centers have been inundated with inquiries. Here are top five questions being asked about Form 1095-A.
As the Affordable Care Act last week celebrated its five-year anniversary, the majority of employers say they have not considered reducing hours for part-time employees as a result of the law’s mandate that employees working 30 hours a week be offered health care coverage.
UnitedHealth Group Inc. agreed to buy Catamaran Corp. for about $12.8 billion, bulking up its drug-benefits business to get better negotiating power in talks with pharmaceutical companies over prices.
After two enrollment seasons under the Affordable Care Act's exchanges, the easily accessible and amenable are signed up for health care. With year three starting this fall, the task will be tougher to target the remaining uninsured, who are harder to reach. Who better to drive the message home, Washington state thinks, than brokers?
As employers face the threat of EEOC investigations into their wellness programs, Congress contemplates legislation in support of financial incentives for wellness programs. But are employers focused on the wrong issue?
Not every budget vote in Thursday's Senate marathon is particularly telling. The vote on SA 798, one of Washington Senator Patty Murray's amendments, is an exception.
Continued lawsuits over excessive 401(k) fees are on track to force providers to change the way they deliver products and end a practice that appears to be a “showcase of impropriety.”
A federal district court granted a preliminary injunction on Thursday ordering the Department of Labor to postpone the application of a rule that would have extended Family and Medical Leave Act benefits to same-sex married couples even in states that do not recognize same-sex marriage.
Aetna has agreed to reduce out-of-pocket payments for most HIV and AIDS medicines after pressure from an advocacy group, revising coverage that had some patients paying $1,000 a month for the drugs.
Employers may want to take note of the qualifying longevity annuity contract rules that were put in place last year under the required minimum distribution rules of the Internal Revenue Code.
Commentary: Self-policing, self-reporting and self-correcting before there is an investigation gives plan sponsors and administrators a better opportunity to control the costs and mechanisms of the corrective process.
Employers and benefit professionals are urging Congress to pass legislation that would allow employers to offer financial incentives for wellness program participation, despite recent opposition from the Equal Employment Opportunity Commission
New Jersey’s public-pension managers are proposing more investment in hedge funds and distressed real estate to protect against risks in the bond market should U.S. interest rates rise.
NAPA’s Certified Plan Fiduciary Advisor credential gives advisers a formal means to show they have the expertise needed to serve as a plan fiduciary, or help plan fiduciaries with their responsibilities.
The DOL has stayed true to a planned increased in enforcement and investigation of ERISA criminal violations, including indictments of employers and service providers, that should serve as a cautionary tale for any individual involved with the administration of these plans.
Michelle Capezza, a member of law firm Epstein Becker Green, highlights new changes to the ACA's Summary of Benefits and Coverage and what steps plan sponsors should be taking to prepare.
Commentary: There isn't one right answer to what a plan should look like, but there’s no harm in asking around to see what other employers consider reasonable.
The amount of money socked away in retirement accounts jumped up 6% with U.S. retirement assets totaling nearly $25 trillion at the end of December 2014.