Although 92% of employers thought their retirement benefit offerings were competitive, 61% of their employees thought they could find a better retirement package with a different employer, according to a new Buck report.
Defined contribution plans are poised for a major shift, as participants take a more active role in retirement planning with personalized TDFs, advisor managed accounts and lifetime income solutions, according to a Wilshire report.
Due to a nationwide shortage of therapists, about a third of U.S. employers say they offer employees AI-based wellness and mental health programs, yet researchers say there isn't enough evidence that the programs work.
Younger workers are notably behind other age groups, with only 17% having saved between $5,000 and $50,000 – and employers have a critical opportunity to address the retirement readiness gap, says a new study.
The list, which highlights first-in-class medications and vaccines, represents "meaningful steps forward" when it comes to weight loss, Alzheimer's, birth control and postpartum depression, as selected by GoodRx pharmacists.
Employers are implementing initiatives in these five areas: the high cost of living, retirement preparedness, health care costs, budgeting and money management, and daily living expenses, according to a new EBRI report.
The lawsuit, filed on behalf of UnitedHealth's 200,000 current and former employees, alleges CFO John Rex interfered with the company's decision to drop "one of the worst-performing target date options in the entire market."
The Cigna paper suggests that physicians, patients, and health plans tend to recognize the good aspects of VBC, but that change has been slow nonetheless in the private sector.