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.
Multiple vendors providing best-of-breed solutions that are not integrated with each other present budgeting, deployment and management costs and challenges for benefit managers.
Still in their infancy, private exchanges present a tremendous opportunity to rein in health care spending and help HR deal with more pressing issues. But what makes a good one, and how are they growing?]
With the employer mandate just around the corner, small- and medium-sized businesses are beginning to consider so-called "skinny" health plans to provide basic coverage and avoid major penalties.
In a major 5-4 ruling on religious freedom, the Supreme Court of the United States Monday ruled that religious rights of two Christian company owners trumped the rights of its employees to receive full contraceptive coverage promised by mandates in the Affordable Care Act.
While many brokers consider leaving the industry in response to the changing health care environment, most agree that reform has created a huge opportunity for advisers willing to adapt.
The U.S. Department of Health and Human Services Thursday announcement that consumers already enrolled in marketplace plans in 2014 can auto-enroll for 2015 is largely positive for brokers, though the decision is symbolically unsettling to some.
Benefit broker and former lawyer David C. Smith breaks down this question that has been somewhat controversial in the past few months, yet he says has a very clear answer.