Editor's note: Kansas's failed experiment offers lessons not just for other states considering public-policy changes, but for employers taking on a project such as implementing a wellness program or changing employee financial behaviors.

(Bloomberg View) — When a governor announces an economic theory as a solution to a state's fiscal problems, while challenging all comers to observe the results, that's something I want to pay attention to.

And so for the past five years, I have been watching the public-policy experiment in Kansas with great fascination.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.