The DOL has introduced complex admin costs – to support SECURE 2.0's new automatic transfer rule for small-balance 401(k)s of workers who change jobs – and they should be eliminated, says the ERISA Industry Committee.
Only 31% of single women felt optimistic about their financial outlook, compared to 39% of married women, which is why 90% of financial advisors are targeting more women in the next 12 months, says Nationwide.
AI is a way for industry players to cut costs, manage risk, and modernize health care infrastructure, while value remains a top priority for purchasers and patients, according to a new PwC report.
With employee burnout driving high turnover, a growing number of firms offer paid or partially paid leave, but careful thought needs to go into designing and implementing how health coverage and 401(k)s fit into the picture.
Many hospitals are adding billions of dollars in fees for routine care in outpatient centers they own, raising patient costs for colonoscopies, mammograms and heart screenings, a new investigation found.
The savings are not yet realized, says the Congressional Budget Office, which projects a 10-year cumulative savings of $161 billion from the phased-in drug negotiation, as well as a rebate for price increases above the inflation rate.
Testifying before the Senate, SSA Commissioner Martin O'Malley said the agency is changing its policy of recouping past overpayments, after it took an aggressive stance last year by clawing back $4.7 billion from beneficiaries.
The $35 insulin cap reduces out-of-pocket costs for those with health savings accounts but new policies are needed to improve access to affordable insulin among commercially insured patients, says a new study.
So far, 500 employers who improperly received the tax credits to retain workers during the pandemic have returned more than $225 million to the IRS as part of a voluntary disclosure program that ended on March 22.
Benefytt Technologies, operating under various names such as Health Insurance Innovations, used aggressive marketing in a scheme to lure consumers in search of Obamacare health plans, says the Federal Trade Commission.
DebugScreen: mobile
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"uri": "/2024/04/01/erisa-group-urges-dol-to-simplify-its-new-401k-automatic-portability-rule/",
"title": "ERISA group urges DOL to simplify its new 401(k) 'automatic portability' rule",
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"summary": "The DOL has introduced complex admin costs – to support SECURE 2.0's new automatic transfer rule for small-balance 401(k)s of workers who change jobs – and they should be eliminated, says the ERISA Industry Committee.",
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"uri": "/2024/03/29/7-in-10-women-are-rethinking-retirement-how-financial-pros-can-meet-the-challenge/",
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"uri": "/2024/03/29/rewiring-the-health-care-industry-technology-a-key-part-to-transformation-in-2024/",
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"byline": "Scott Wooldridge",
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"uri": "/2024/03/29/sabbatical-leave-does-it-pay-dividends-toward-employee-retention/",
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"byline": "Bryce Sanders",
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"uri": "/2024/03/28/social-security-ends-clawback-cruelty-of-benefit-overpayments-says-its-new-chief/",
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"byline": "Alan Goforth",
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