C-Suite

In the dynamic landscape of employee benefits, having the right strategy and ensuring that employees understand their benefit options will always be critical.

The White House is cracking down on drugmakers that have raised the costs of their medications faster that the rate of inflation – another move in a series of price-fighting measures being rolled out under the Inflation Reduction Act.

Retaining talent is now a top priority for any business but workers whose employers offer a 401(k) retirement plan are on average 40% less likely to leave in their first year, according to Gusto economists.

It is in a company's best interests to consider their 401(k) plans and how well they are doing for ALL employees - and offer financial wellness to those who are struggling financially, according to a recent WTW webcast.

The pharmacy chain and the insurer have been in a dispute since 2019 over Walgreens' pharmacy savings club, which charged the underinsured lower drug prices but allegedly billed Humana the standard rates.

Some of the new retirement regulations are mandatory, such as increases in mandatory distributions, while some are optional, like the student loan matching contributions, but the changes are significant for every generation.