Although the ACA included some changes to employer-sponsored health insurance as well, particularly for plans sold to small companies, the changes were more minimal for larger employers, which generally already offered more comprehensive health insurance before the ACA.

Employers cannot afford complacency or the false comfort of rate caps and blanket No New Laser provisions that disguise risk rather than manage it.

The company’s shares closed down 17% Thursday, their worst one-day drop since 2008.

Record-breaking third-quarter results push annual annuity sales to historic highs as investors seek stability and guaranteed income, according to LIMRA.