To add more value to employer benefits, employees expect more paid voluntary benefits at a time when more employers are placing the financial burden on employees because of the down economy.
According to the 2010 U.S. Group Life and Group Disability Mid-Year Market Survey, the group life and disability markets continue to face slow growth after a tough 2009, finds South Portland, Maine-based JHA, a division of Gen Re.
According to a recent study by the Hartford Financial Services Group, Hartford, Conn., many older Americans near the age of 65 are pessimistic about their short- and long-term financial future, particularly regarding their ability to retire.
Aetna will no longer sell new small-group health insurance in Colorado and existing small-group clients will be moved off the plan in the next year, sending ripples through 1,200 companies and 5,200 employees and their dependents.
As early as Tuesday, Sept. 28, employers using limited medical plans are facing many changes when grandfathered group health insurance plans begin to renew, states Fringe Benefit Group, Austin, Texas.
In a new survey, LIMRA, Windsor, Conn., finds most employees want their contributions to their defined contribution plans escalated annually once they hit age 45.
In Woburn, Mass.-based HighRoads' annual survey of Fortune 1,000 companies, it was found that 75 percent of employers plan to address the impact of health care reform in their open enrollment materials.
Eastbridge Consulting Group, Avon, Conn., found an increased confidence in the future of the voluntary industry in its recent survey Voluntary Industry Confidence Index.
Closures and smaller cost increases at many long-term care facilities were brought on by the 2008-2009 recession, according to the Newark, N.J.-based Prudential Financial Inc.'s bi-annual 2010 Long-Term Care Cost Study.