Buyers of true group long term care insurance tended to be older in 2009, and selected less costly policy features, according to new analysis from the American Association for Long-Term Care Insurance (AALTCI).
The economy may be recovering, but most employers that have scaled back or eliminated the company match remain undecided whether they will reinstate their retirement plan contributions to previous levels this year. One-third say they don't plan on it
Only 45 percent of Americans feel confident making insurance decisions and more than 60 percent failed to correctly answer basic questions about insurance coverage in a new survey from the National Association of Insurance Commissioners.
Extended unemployment benefits temporarily expired Monday following the Senate's decision to take its spring recess without approving a one-month deadline extension.
According to J.D. Power and Associates, overall member satisfaction averaged 701 on a 1,000-point scale. This is a slide from 712 in 2009 and falls below 2008 levels.
Hewitt's analysis of 6 million U.S. workers, for whom Hewitt managed benefits enrollment in the fall of 2009, revealed the highest number of active enrollees since Hewitt began tracking the data in 2003.
The hit on earnings will prompt employers to drop their retiree drug coverage, according to the American Benefits Council, and instead move retired employees into the Medicare Part D program.
Secretary of Labor Hilda L. Solis voiced her disappointment over the U.S. Senate's decision to recess for two weeks, without approving legislation that would have extended emergency unemployment insurance benefits.
Assistant Secretary of Labor Phyllis Borzi told BusinessWeek Wednesday she hopes to see the COBRA subsidy program extended through the end of this year.