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Most Read Benefits Management News

Employer fallout uncertain from Anthem's purchase of Cigna

Published July 24, 2015 CST

Anthem Inc.'s purchase of Cigna Corp.—the biggest deal, by far, in the health insurance industry — poses rewards and risks for employers, health care benefits experts say.

Equality Act seeks to codify LGBT rights, protections nationwide

Published July 27, 2015 CST

A new federal civil rights bill banning discrimination against lesbian, gay, bisexual and transgender individuals could have big implications for employers.

Senate rebuffs GOP's latest health reform repeal effort

Published July 27, 2015 CST

The latest Republican-led effort to repeal the health care reform law ended in defeat Sunday when the Senate turned back a repeal amendment by Majority Leader Mitch McConnell, R-Ky.

Express Scripts says costly new cholesterol drugs could wreak havoc

Published July 29, 2015 CST

(Reuters) — Express Scripts Holding Co., the largest pharmacy benefit manager in the United States, on Wednesday said the cost of potent new cholesterol drugs called PCSK9 inhibitors could "wreak financial havoc" among its clients.

U.S. health care spending hit $3.1 trillion in 2014

Published July 28, 2015 CST

Health care expenditures surged in 2014, fueled by expanded coverage and soaring prescription drug costs, according to government research released Tuesday.

Alliance formed to seek repeal of ACA “Cadillac” tax

Published July 28, 2015 CST

A diverse group of two dozen employers, insurers and unions has banded together to form an alliance to convince Congress to repeal the health care reform law’s so-called “Cadillac” tax.

Humana reports solid quarterly earnings as Aetna merger looms

Published July 29, 2015 CST

Humana Inc. reported increases in net income and premiums on Wednesday, just weeks after announcing a proposed $37 billion merger with larger health insurer Aetna Inc.

Consumer-driven health plans confuse their consumers

Published July 29, 2015 CST

Though enrollment in consumer-driven health plans continues to rise, most employees don't understand the health savings accounts, health reimbursement arrangements, or flexible spending accounts linked to the plans, according to a new report.

Rates to rise average of 4% for California health exchange in 2016

Published July 27, 2015 CST

Health insurance plan rates will rise an average of 4% next year in California's health insurance exchange, state officials announced Monday.

Judge rules Chicago pension fix unconstitutional

Published July 24, 2015 CST

A Cook County, Illinois, circuit court judge ruled unconstitutional a pension reform law that took effect on Jan. 1 aimed at improving the funding of Chicago's pension funds for laborers and municipal workers.

PBGC looks to reduce reporting waivers for large plans

Published July 24, 2015 CST

Fewer large defined benefit plan sponsors will be able to skip Section 4010 reporting under a rule change the PBGC will propose shortly.

Senate GOP to make new effort to repeal health care reform law

Published July 24, 2015 CST

The Senate's top Republican will make a new effort this weekend to win passage of legislation to repeal the health care reform law.

Centene considers snapping up Medicare Advantage plans from rivals

Published July 28, 2015 CST

(Reuters) — Health insurer Centene Corp. reported a better-than-expected quarterly profit and said it would consider buying the Medicare Advantage plans its rivals are likely to divest during the current phase of consolidation in the managed care industry.

Telemedicine risks and how to avoid them

Published July 19, 2015 CST

Telemedicine is convenient and affordable, but what are the risks associated with it, and how can they be mitigated? We find out in the latest episode of Business Insurance In Focus.

Anthem to buy Cigna for $54 billion

Published July 24, 2015 CST

Anthem Inc. said on Friday it would buy Cigna Corp. in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership.

(subscription required)Transgender benefits gain attention of employers

Published July 19, 2015 CST

As awareness for transgender issues increases, more employers are including coverage for transition-related health care as a way to foster an inclusive workplace environment while attracting and retaining workers.

Anthem enrollment fuels second-quarter profits

Published July 29, 2015 CST

Anthem Inc. reported strong revenue growth and double-digit profit growth in the second quarter of 2015, primarily due to improved performance and enrollment gains in its government segments, the company announced on Wednesday.

EEOC continues to press employer over its wellness program

Published July 22, 2015 CST

The U.S. Equal Employment Opportunity Commission is not backing down from its lawsuit challenging a Baraboo, Wisconsin-based employer's use of health risk assessments and biometric screenings in its wellness program.

Employee 401(k) balances dip but hover near record levels

Published July 30, 2015 CST

Employees' 401(k) plan account balances dipped at the end of the second quarter of 2015 yet remain near a record high, Fidelity Investments said in an analysis released Thursday.

Group effort helps cut number of early elective births

Published July 23, 2015 CST

A group of health care stakeholders has helped reduce the rate of early elective infant deliveries for nonmedical reasons in Illinois to 2% in 2014 from 24% in 2010, the Midwest Business Group on Health said.

(subscription required)Tailor wellness programs to individual workforces for maximum effect

Published July 19, 2015 CST

LAS VEGAS — Rising health care costs are front of mind for most employers, but there are several ways to ease the burden.

(subscription required)Mergers concentrate health insurers

Published July 19, 2015 CST

Consolidation among the largest U.S. health insurers will increase their clout with health care providers, but whether that means lower costs for employers remains to be seen.

Pension cuts not on multiemployer plan participants' radar — yet

Published July 23, 2015 CST

Few multiemployer pension plan participants are very concerned about a 2014 federal law that opens the door for financially troubled plans to cut benefits in order to stay afloat, according to a new survey.

Low utilization, enrollment gains boost Cigna earnings

Published July 30, 2015 CST

An influx of more than half a million new enrollees helped Cigna Corp. post high single-digit revenue growth in the second quarter of 2015, the company said Thursday.

New Connecticut law protects retirees’ annuity benefits from creditors

Published July 21, 2015 CST

The pension benefits earned by Connecticut residents whose employers transfer those liabilities to insurers under corporate pension derisking — programs will be protected from creditors under a new state law.