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Most Recent Benefits Management News

Aetna to buy Humana for $37 billion in largest insurance deal

Published July 03, 2015 - 6:47am CST

(Reuters) — Health insurer Aetna Inc. said it would buy smaller rival Humana Inc. for about $37 billion in cash and stock, in the largest-ever deal in the insurance industry.

Health insurer Centene adds muscle with $6.3 billion deal for rival

Published July 02, 2015 - 1:06pm CST

(Reuters) — U.S. health insurer Centene Corp. will buy smaller rival Health Net Inc. for $6.3 billion, underscoring the health care industry’s rush to bulk up to negotiate better prices with suppliers and hospitals, and attract new customers.

Anthem, Cigna in new round of talks, source says

Published July 02, 2015 - 12:11pm CST

(Reuters) — Health insurer Cigna Corp. has had its first meetings with competitor Anthem Inc. after it rebuffed Anthem's $47 billion merger proposal last month, a person familiar with the matter said on Thursday.

Employers interested in moving retirees to public exchanges, Mercer says

By: Jerry Geisel

Published July 02, 2015 - 11:36am CST

Nearly half — 45% — of employers that offer health care coverage to pre-Medicare eligible retirees say they are considering or already have begun directing the retirees to public exchanges, according to a new Mercer L.L.C. survey.

Telemedicine gaining acceptance

By: Shelby Livingston

Published July 02, 2015 - 11:00am CST

LAS VEGAS — On-site health care clinics that treat employees' medical issues on the spot along with providing preventive care have proven a valuable investment for some employers, but they aren't financially feasible for small companies.

Nestle to close U.K. pension plan

By: Timothy Pollard, Pensions & Investments

Published July 02, 2015 - 9:26am CST

Nestle U.K. announced Thursday it would close its defined benefit pension scheme, replacing it with a defined contribution plan.

Mercer shuffles North American, multinational leadership

By: Joyce Famakinwa

Published July 01, 2015 - 1:00pm CST

Mercer L.L.C., the consulting unit of Marsh & McLennan Cos. Inc. has appointed Simon O'Regan president of Mercer's North America region.

Insurers to get almost $8 billion in health care reform reimbursements

By: Jerry Geisel

Published July 01, 2015 - 10:52am CST

The federal government will pay out nearly $8 billion in claims reimbursements to 437 health insurers under a reinsurance program created by the health care reform law.

Employers look to private exchanges to control health costs

By: Shelby Livingston

Published July 01, 2015 - 9:41am CST

LAS VEGAS — The 40% excise tax on high-cost health care plans set to go into effect in 2018 is driving employer interest in private health insurance exchanges as a way to control costs and avoid the tax.

Most employers offer wellness programs, survey shows

By: Shelby Livingston

Published June 30, 2015 - 9:31am CST

LAS VEGAS — Research from the Society for Human Resource Management Inc. shows employers are turning to chronic disease management programs, fitness classes and even massages to combat rising health care costs.

Who controls the data? Supreme Court to hear health care case

By: Lisa Schencker, Modern Healthcare

Published June 30, 2015 - 8:22am CST

The U.S. Supreme Court will hear a case next term on whether a self-funded employer should have to turn over certain information to the state of Vermont — a case that could have far-reaching implications.

Cadillac tax driving private health insurance exchange enrollment

By: Shelby Livingston

Published June 29, 2015 - 3:55pm CST

LAS VEGAS — Several factors are driving employers to private health insurance exchanges, one of the biggest being the 40% excise tax on high cost health care plans set to go into effect in 2018.

Obama signs health coverage tax credit measure into law

By: Jerry Geisel

Published June 29, 2015 - 1:03pm CST

Employees who lose their jobs due to foreign competition or worked for companies whose pension plans failed will again be eligible for federal health insurance premium subsidies under legislation signed into law Monday by President Barack Obama.

E-cigarette actions still evolving

By: Matt Dunning

Published June 28, 2015 - 6:00am CST

As employers try to rid the workplace of tobacco products, many are including electronic cigarettes and other vapor-based nicotine delivery systems.

Employers move to keep profit from going up in smoke

By: Matt Dunning

Published June 28, 2015 - 6:00am CST

Employers are taking a tougher stance on curbing employee smoking.