Early adopters to the private exchanges say they've experienced major issues with helping workers better understand the complexities - and do-it-yourself aspects - of the new world of health care.
A boom in private exchanges and a changing distribution system for health care will create a new landscape for benefits managers and advisers, with more emphasis on consumer-directed health care.
A proposal up for vote in the most populous state would give the insurance commissioner veto power over health insurance rates, among other things, and has brokers fearful of the trend spreading to other states.
Ron Goldstein, president and CEO of CaliforniaChoice, talks about the advantages of private exchanges and how networks will start to drive the benefits market as the Affordable Care Act levels the playing field on price and benefit offerings.
The Senate Wednesday failed to get enough support for its reversal plan of the recent Supreme Court Hobby Lobby ruling that will allow some employers to decline providing insurance coverage for some forms of birth control based on religious grounds.
Ann Mond Johnson, chairman of the board of managers at ConnectedHealth, a private health care exchange, discusses two components of health care consumerism -- choice and transparency -- and how benefit managers can foster better health care consumerism among employees.
For most employers, the Hobby Lobby decision will have little impact, meaning they will have to comply with the ACA as written. Looking for loopholes can be risky, not just for ACA compliance but also for ERISA compliance, generally.
Millions more Americans have gained coverage as a result of the health reform law, increasing the workload for benefit advisers, but not necessarily the compensation they receive.
The six most popular insurance plans on the New York state health insurance exchange are seeking double-digit increases in their premium rates for next year, with an average request of a 14.6% rate hike.
The DOLs ERISA Advisory Council plans to identify current industry practices and trends regarding the types of employee benefit plan services being outsourced and the market for delivery of those services as part of its 2014 issue agenda.
With the major elements of the Affordable Care Act taking effect this year, mini-med plans have met their demise, but skinny plans are gaining traction in their place.
Employers are spending more money to keep their employees healthy, even if it means sacrificing other benefits.
If it smells like a benefit plan, you likely have to follow ERISA, said one speaker at the National Association of Health Underwriters annual convention in Scottsdale, Ariz. Here are some general tips benefit advisers need to know about complying with this law, for your clients and their employees alike.
A significant divide exists between the open enrollment tactics employees find helpful and those that employers actually provide. For instance, 94% percent of employers agree that one-on-one, in-person meetings are an effective tactic to engage employees, but less than half implement it.
Where in the U.S. are employees most satisfied? The online career site Glassdoor has released its annual Employment Satisfaction Report Card by City, offering a comparison of overall employee satisfaction, including with compensation and benefits, career opportunities, number of employers hiring, and business outlook expectations. We're counting them down to No. 1 here are 50-26 and stay tuned for the final 25.