The IRS has released long-awaited draft instructions for the forms employers will use to comply with the ACAs employer mandate, giving benefit advisers and their clients a glimpse of the work ahead for 2015 and how to begin preparing now.
Court rules verbal COBRA notice is sufficient, but benefit advisers caution employers to follow-up with written notice, as well.
CVS Caremark Corp. halted sales of tobacco products almost a month ahead of schedule, started a smoking-cessation campaign, and changed its name to position itself as an advocate of better health.
The IRS has posted draft instructions for the various Affordable Care Act reporting that will be done for calendar year 2015 and while the instructions provide much needed guidance for employers and insurers, they also confirm the daunting complexity of the reporting task.
Insurance underwriting is hardly dramatic enough to warrant a TV show, but there is a forensic component to the annual renewal process.
Commentary: Financial services company BOK Financial enlists the help of a benefits communication vendor to boost participation in its consumer-directed health plan.
The HHS Office for Civil Rights website of large data breaches lists at least 89 major incidents of hacking, which have become much more prevalent during the past two years. Here is a look at some of the largest.
With increased CFO involvement in health care and benefit decision-making, benefit managers are under more scrutiny than ever before to ensure they efficiently manage their health and benefits vendor relationships.
Millennials are 10% more likely to lack health coverage than adults age 30 and over despite paying lower costs, receiving subsidies based on income and possibly staying on their parent's health insurance policy until age 26.
Large employers say they dont have plans to eliminate health care coverage for active employees in 2015, although 35% say they are considering moving their active employees to a private exchange in 2016 or beyond, a recent survey finds.
The Obama administration has announced a government workaround to allow employees of religious nonprofits access to birth-control coverage even if their employer has opted not to pay for such medicines.
In anticipation of the Affordable Care Acts excise tax, U.S. employers are planning to take more aggressive approaches to projected single-digit increases in health care costs by revisiting the viability of consumer-driven health plans and spousal and dependent coverage.
Benefit advisers and employers say a host of challenges is not only to blame for stagnant SHOP enrollment, but must be overcome if SHOP is to enjoy any success.
Commentary: Benefit advisers hoping to maintain satisfied clients after the first open enrollment period should avoid these common bad behaviors that could cost accounts in the long run.
Employers and employees more than ever need the help of their trusted adviser to communicate in plain language the complexities of todays health care landscape.