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Defined benefit plans in 2022 endured the worst performing year since the global financial crisis of 2008, new data shows, Plansponsor reports. Data across 1,500 defined benefit plans showed the median gross return for all defined benefit plans was negative 14.1% in 2022, compared to 2021’s positive performance of 14.6%, according to the study by Investment Metrics LLC.
1. UnitedHealthcare faces backlash over prior authorization policy
2. House panel asks Cigna for details on controversial claims denials
3. Coalition opposed to UnitedHealthcare prior authorization grows
4. Million-dollar health care claims are rising for self-insureds
6. Benefytt Technologies files for bankruptcy after paying fraud settlements