The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
Alan Goforth is a freelance writer in suburban Kansas City. In addition to freelancing for several publications, he has written a dozen books about sports and other topics.
Nearly half “strongly agree” or “agree” that their retirement plan savings are the only significant emergency savings they have, an increase from 43% in January 2023.
An Ohio jury has awarded Medical Mutual of Ohio more than $50 million in damages in its lawsuit against FrontPath Health Coalition and HealthScope Benefits, a subsidiary of UnitedHealthcare. FrontPath offers employee benefits solutions, and HealthScope is a third-party administrator.
Health Care Service Corporation (HCSC) has successfully completed its purchase of The Cigna Health Group’s Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D and CareAllies businesses.
“Benefits provide employees with stability and protection in uncertain times, which helps them feel cared for and amplifies trust,” Todd Katz, head of group benefits for MetLife, said.
Current and former employees are suing JPMorgan, alleging that it allows inflated drug prices through its partnership with its pharmacy benefit manager, CVS Caremark.
“Generative AI holds transformative potential for the enterprise, but it can also create deep rifts within organizations that rely on a patchwork of point solutions or IT-built applications developed in a silo,” said May Habib, CEO and cofounder of the generative AI platform Writer.
“It is sad, a sad day, when our government would fire some good employee and say it was based on performance when they know good and well that’s a lie," U.S. District Judge William Alsup said.
"These leadership changes create a sharpened structure to build upon our strengths for continued growth, enhance our customer focus and deliver even greater value for those we serve," Chairman and CEO David M. Cordani said.