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
Provisions in the Patient Protection and Affordable Care Act of 2010 (PPACA) that have attracted little attention up till now could give health insurers and employers incentives to reduce the number of products and plan options they offer.
Sponsors of defined benefit pension plans will be able to use excess money in their plans to fund the purchase of life insurance for their retirees for the first time under a provision of legislation passed by Congress Friday.
The plan for the 2012-13 fiscal year that begins Sunday would increase spending by about 1.5 percent, largely for debt, pensions, health care for the poor and to help fill a shortfall in the almost-finished fiscal year.
The cost of pensions and retiree health benefits are soaring at the University of California, increasing pressure to raise tuition and cut academic programs at one of the nation's leading public college systems.
While adoption rates are increasing for health savings accounts, Dennis Triplett, CEO of UMB Healthcare Services, says few realize the full financial potential of these tax-advantaged accounts
The Internal Revenue Service (IRS) says the new $2,500 cap on workers' annual flexible spending arrangement (FSA) contributions may make the much-hated use-it-or-lose-it rule obsolete.