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Subscriber only, premium content. Tuesday, May 24

Most Read Benefits Management News

UPS claims proposed Central States benefit reductions illegal

Published April 29, 2016 CST

United Parcel Service Inc., Atlanta, argued in an earnings presentation Thursday that the benefit reduction application by the Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Illinois, is not legal.

(subscription required)Investment advice rule heightens risk

Published April 24, 2016 CST

A federal rule that puts retirement plan advisers at risk of civil penalties if they fail to consider customers' best interests also could put employers at risk should they or their providers offer suggestions on investments in the plans they sponsor.

IRS sets 2017 HSA contribution limits

Published April 28, 2016 CST

Maximum contributions for health savings accounts in 2017 will increase $50 for individuals, but remain unchanged for families.

Striking Verizon workers soon to lose company health insurance coverage

Published April 28, 2016 CST

A strike by nearly 40,000 Verizon Communications workers stretches on with unions and the company still far apart on contract talks.

EEOC issues final rules on voluntary workplace wellness programs

Published May 16, 2016 CST

The rules allow employers to offer limited incentives for employees and spouses who provide health information for wellness programs.

Anthem looks to Cigna acquisition, exchange business, drug pricing litigation

Published April 27, 2016 CST

Anthem Inc. said its net income plummeted 18.7% in the first quarter, as investment losses squeezed its bottom line despite gains in membership.

Express Scripts CEO open to drug pricing talks with Anthem — within reason

Published April 26, 2016 CST

Still, the company's top executive said he is “confident” in Express Scripts' $15 billion lawsuit against insurer Anthem.

Ruling on cost-sharing subsidies could rattle insurers in midst of rate-setting

Published April 25, 2016 CST

Another bombshell could soon drop on the Affordable Care Act insurance exchange market at a highly vulnerable moment for the health care reform law.

Treasury denies Central States' bid to cut pension benefits

Published May 06, 2016 CST

The denial is viewed as a major victory for hundreds of thousands of multiemployer pension plan participants.

Helping employees repay college costs boosts Cigna results

Published April 25, 2016 CST

Cigna Corp. says helping employees pay their college tuition can significantly boost a company's bottom line.

High deductibles may drive more patients to emergency rooms

Published May 10, 2016 CST

Rising health care plan deductibles may be driving more emergency room treatments, a survey says.

Teamsters' multiemployer pension fund looks to Congress for help

Published May 20, 2016 CST

The Teamsters Central States Pension Fund says it will now turn to federal lawmakers for help to prevent the collapse of the massively underfunded multiemployer pension plan.

Aetna, Anthem face shareholder rebuke over political spending

Published May 16, 2016 CST

As Aetna and Anthem face flak over pending mergers, shareholders say they don't divulge the full extent of their political sway.

Judge hands win to Republicans over health care law reimbursements

Published May 12, 2016 CST

The ruling is based on a provision of the Patient Protection and Affordable Care Act that requires insurers to reduce deductibles and co-pays.

PPOs still No. 1, but high-deductible health plans a close second

Published May 03, 2016 CST

More than one-third of employees at midsize companies opt for high-deductible health plans over traditional coverage options.

(subscription required)UnitedHealth's exit won't kill ACA exchanges

Published April 24, 2016 CST

Although UnitedHealth Group Inc.'s withdrawal from public health insurance exchanges in all but a “handful” of states will reduce competition, its exit doesn't spell doom for the future of the Affordable Care Act exchanges.

Psychiatry groups' lawsuit over low Anthem reimbursements nixed

Published May 13, 2016 CST

Providers can't sue Anthem health insurers for reimbursing mental health treatments at a lower rate than other services.

(subscription required)PBGC legislation could cut toll on employers

Published April 24, 2016 CST

Legislation that would end a widely reviled budget-balancing “gimmick” of increasing the premiums employers must pay to the Pension Benefit Guaranty Corp. faces a difficult but not insurmountable battle.

Beecher Carlson hires large-account executive

Published April 27, 2016 CST

Megan Miller, formerly of Swiss Re, has been named Beecher Carlson's New York-based managing director.

Insurers dive into ACA's exchanges as big names exit

Published May 17, 2016 CST

UnitedHealth Group Inc. and Humana Inc. are bailing on multiple exchanges that sell individual health insurance. But other companies are willingly, and quietly, taking their place.

Employers hope to dump ACA's excise tax, employer mandate

Published April 14, 2016 CST

Repealing the Cadillac tax is at the top of an employer “wish list” for health care reform, Mercer says.

House Republicans won their ACA lawsuit: Here's what happens next

Published May 13, 2016 CST

A federal judge's decision Thursday that the Obama administration unconstitutionally spent money to pay for part of the Affordable Care Act may not disrupt health plans or beneficiaries right away.

Big health insurance mergers rack up millions in legal and banking services

Published May 12, 2016 CST

While regulators and consumers debate the merits of health insurance mergers, income is growing for attorneys and financiers.

Employers considering new retiree health coverage approaches

Published May 11, 2016 CST

Employers, increasingly unable to afford the coverage, have stopped providing health care plans to their retired workers.

Treasury's multiemployer pension decision may be delaying the inevitable

Published May 11, 2016 CST

Treasury's decision to reject benefit cuts for Teamsters’ Central States Pension Fund members could lead to more severe cuts.