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Most Read Benefits Management News

Humana offers coverage through private health exchange

Published September 15, 2015 CST

Health insurer Humana Inc.'s full suite of group health benefits products and services are now available through Orlando, Florida-based PlanSource Benefits Administration Inc.'s private health insurance exchange platform.

New Aetna exec will oversee Humana integration

Published September 30, 2015 CST

Aetna Inc. on Wednesday announced two appointments to its senior leadership team, including one that will direct the company's planned integration with rival health insurer Humana Inc.

U.S. insurers hold back Lilly's death-defying diabetes drug

Published October 02, 2015 CST

(Reuters) — America’s largest health insurers are urging doctors to stick with current standard treatments for diabetes instead of flocking to a new drug from Eli Lilly & Co. that is showing it can provide life-saving results for one-third of patients.

Maximum FSA contributions expected to stay the same for 2016

Published August 19, 2015 CST

With inflation running low, the maximum contribution employees will be able to make to their flexible spending accounts in 2016 is expected to remain unchanged, according to the latest government statistics.

Companies taking different approaches to wellness

Published September 28, 2015 CST

When it comes to participation in wellness programs, money talks or employees walk.

Retailer J.C. Penney buys group annuity for retiree pensions

Published October 02, 2015 CST

J.C. Penney Co. Inc. is buying a group annuity contract to provide pension benefits to up to 43,000 retirees and their beneficiaries, the Plano, Texas-based retailer disclosed Friday.

(subscription required)Web-based benefit brokers shake up model

Published September 27, 2015 CST

Deep-pocketed startups in the benefits business are grabbing headlines, winning customers and making old school brokers sweat, but they're also igniting change in the way traditional brokers operate.

Over half of employers could trigger health plan excise tax

Published October 01, 2015 CST

Nearly 60% of employers and other health plan sponsors say they will — unless they make changes — trigger the health care reform law excise tax on costly plans, according to a new survey.

Repeal of health reform's Cadillac tax gains bipartisan support

Published September 30, 2015 CST

Republicans aren't alone in their fight against the health care reform law's hefty excise tax on expensive health insurance plans.

Accountable primary care model can boost employee health, reduce costs

Published September 29, 2015 CST

Self-funded employers looking to cut spending on medical costs should consider launching an accountable primary care health program.

Lawmakers vote to repeal health plan auto-enrollment requirement

Published September 30, 2015 CST

The House Education and Workforce Committee has approved a proposal to repeal the health reform law's mandate that companies with 200 or more employees automatically enroll workers in the employer's health plan if the worker does not respond to the offer of coverage.

Justice changes stance, asks for contraceptive mandate ruling

Published October 01, 2015 CST

The Obama administration has asked the U.S. Supreme Court to decide if religious nonprofit groups should be exempted from the federal health care reform law's so-called contraceptive mandate.

Financial education works as another angle on employee wellness

Published September 29, 2015 CST

When it comes to employee health, money matters.

Eastern Michigan nonprofit health insurers to merge

Published October 02, 2015 CST

Nonprofit health insurers Health Alliance Plan and HealthPlus of Michigan said Friday they plan to merge.

Federal employee health insurance premiums to rise 6.4%

Published September 29, 2015 CST

For the first time in four years, the average annual health insurance premium increase for federal employees and retirees will be over 4%.

Philips Electronics group annuity contracts spread over three insurers

Published October 02, 2015 CST

Philips Electronics is buying group annuity contracts from three insurers to shift just over $1 billion in pension benefits promised to about 17,000 U.S. pension plan participants to the insurers.

House committee moves to repeal several health care law provisions

Published September 29, 2015 CST

The House Ways and Means Committee Tuesday approved legislation that would repeal key parts, including the employer and individual mandates, of the health care reform law.

Health care law’s insurer stabilization fund underfunded

Published October 02, 2015 CST

The temporary reimbursement program established to help insurers deal with the financial effects of the federal health care reform law is drastically underfunded, according to the U.S. Centers for Medicare and Medicaid Services.

Stock losses, low interest rates drag down large pension funding

Published October 02, 2015 CST

Fueled by lower interest rates, which boosted the value of liabilities, and losses in the equity markets, the funded status of pension plans sponsored by large employers fell in September, according to a Mercer L.L.C. analysis released Friday.

(subscription required)Contraceptive coverage mandate under fire

Published September 27, 2015 CST

Religious nonprofit groups opposed to the health care reform law's contraceptive mandate may get their day before the U.S. Supreme Court.

Broker acquires pension administration firm

Published October 02, 2015 CST

Insurance broker CBIZ Inc. has acquired Roswell, Georgia-based pension administration services provider Pension Resource Group Inc.

Near universal health coverage reported in several Massachusetts counties

Published September 21, 2015 CST

When it comes to uptake of health insurance coverage, Massachusetts gets a gold star.

Pension deficits improving, but PBGC outlook poor for multiemployer plans

Published September 28, 2015 CST

The future of the PBGC's multiemployer insurance program remains bleak.

(subscription required)Health care premium hikes remain muted

Published September 27, 2015 CST

Employer adoption of high-deductible health plans continue to help keep the lid on premium increases, but experts question how much longer the multiyear run of modest increases will continue.

Heineken pension plan enters into longevity swap with insurer

Published September 14, 2015 CST

Heineken completed a 2.4 billion ($3.7 billion) longevity swap transaction with Friends Life Group Ltd., part of Aviva P.L.C., to protect against the risk of retirees in its pension fund living longer than expected.