By offering health insurance coverage and retirement savings options, employers are providing greater retirement savings opportunities and ensuring a significantly lower tax burden for employees, a new report from the American Benefits Council finds. The report, to be be released in its entirety in early 2018, was previewed at the trade group’s 50th anniversary symposium in… Read More

Express Scripts Holding Co.’s chief executive said he’s open to a deal with a health insurer or partnering with Inc. CEO Tim Wentworth’s pharmacy benefits company has been battered by departing clients and the vague specter of Amazon’s entry into the drug business. If a major insurer was interested in a deal, “I would… Read More

As HR leaders plan for 2018, one area that is essential to review and revamp is the employee handbook. With ever-changing regulations, trends and employee expectations, an outdated policy manual can leave companies vulnerable to miscommunication — and costly litigation. Looking back on events from this year, experts suggest employers pay attention to these top six areas:… Read More

Just when you thought you had finally figured out the millennial generation, there’s another young cohort of professionals entering the workforce. Sure, they’ve got some similarities to tech-focused millennials, but they have plenty of their own attitudes and opinions about money, relationships and, of course, work and benefits. Meet Generation Z. Generation Z was raised… Read More

Small businesses that fail to provide workers with a solid employee handbook risk exposure to potentially crippling compliance and litigation costs, but a good broker can turn this employer threat into an opportunity. While U.S. Bureau of Labor Statistics data varies, it is estimated that only about one in four small businesses have an updated… Read More

Today’s workforce is very different than it was 10 or even five years ago. What employees are looking for in terms of benefits continues to evolve as their needs and expectations change. Making sure your organization’s benefit offerings are able to meet these changing needs and expectations can have a significant positive impact on your… Read More

The concept of design is matching people’s needs with what’s technologically feasible — and redesigning health plans is no different for employers looking to shake things up. Creating a culture of health, rather than looking at plans as a way to curb costs, should be a priority for benefits executives when they redesign benefits programs,… Read More

As the close of 2017 approaches, now is an ideal time for small-group brokers and benefit advisers to reach out to clients and ask this very important question: Were there any network disruptions or problems they or their employees encountered with their health plan coverage this year? If the answer is no, that’s great. But… Read More

I remember with fondness the Sonny & Cher song, “The Beat Goes On.” That song could be easily applied to the saga of the DOL overtime rule, which continues. Although the proposed rule has been shot down by the Fifth Circuit, the DOL will now request that the Fifth Circuit reverse a Texas federal court… Read More

The high cost of healthcare and consequential evolution of insurance plans with high deductibles have created an improved market for voluntary products. Employers are eager to provide a more comprehensive and competitive benefits package that fills the gaps created by the risk-sharing approach of high-deductible programs. Additionally, commissions generated by voluntary can be used to… Read More