Why employers should consider offering free telemedicine

Telemedicine has the potential to dramatically lower health care costs for U.S. employers, in fact, by as much as $6 billion annually, according to a Willis Towers Watson internal analysis from a year ago. But employees have been slow to adopt telemedicine. It’s new and different and they don’t yet know which medical issues are […]

Resolution to block DOL rule passes House panel

A resolution to block the Department of Labor from implementing its finalized fiduciary rule passed out of the House Education and the Workforce Committee on a party-line vote. Rep. Bobby Scott, D-Virginia, ranking member of the Committee and one of the 14 Democrats to vote no on the resolution, said the markup session to pass the […]

Why workplace flexibility will help retain talent

Though retirement plans were in the spotlight during the annual NAPA 401(k) Summit in Nashville, another workplace perk got some attention as a key way to attract and retain talent. Harry Conaway, the newly appointed chief executive officer of the Employee Benefit Research Institute, underscored the growing popularity of workplace flexibility this week during a […]

UnitedHealth to drop out of most ACA states

(Bloomberg) — UnitedHealth Group Inc., the biggest U.S. health insurer, said it will drop out of all but a “handful” of state exchanges where it sells individual Obamacare plans, acting on concerns it raised last year that the government program that has brought coverage to millions isn’t profitable enough. Chief Executive Officer Stephen Hemsley said […]

Student debt has multi-generational impact on financial wellness

Student debt is not only affecting millennials who are stressed about their finances and distracted by money issues when they are at work. Outstanding student loans are also affecting baby boomers who may be helping their kids to pay down balances owing instead of saving enough money to fund their own retirement. A new study […]

Opposition to PPACA remains, but understanding of law has changed

A new study of public opinion on the Patient Protection and Affordable Act (PPACA) suggests the landmark health law is more popular than is generally assumed. The analysis that was published in Health Affairs is based on polling data from the first four years after the PPACA was adopted by Congress in 2010, so the […]

Private exchange market just getting started

Media hype made us think it would happen overnight. But while private benefits exchanges still haven’t gone mainstream, there has been a tremendous explosion in the adoption of automated enrollment systems. Just notice how many clients now have some type of benefits administration platform in place today. When it comes to private exchanges, employers across […]

7 questions employers have about the new fiduciary regs

Since the Department of Labor released its final fiduciary compliance rules, there has been a tremendous amount of media coverage devoted to what plan sponsors need to know. Although much of it has been well written with good intentions, most of it has only served to confuse plan sponsors. Based upon what I am hearing […]

Paid family leave increasing in Calif., San Francisco sees further top-up

California’s paid family leave benefits will increase to 60% or 70% of weekly normal earnings beginning in 2018, but as a result of a city ordinance, San Francisco employers will have to top up these benefits to 100% of salary for some workers. “The California PFL provisions do not provide a job-protected leave. That’s governed […]