Many 401(k) plan sponsors are overwhelmed by these legislative changes and the responsibility to implement new plan options, which is why some degree of outsourcing is recommended, according to Mercer.
The median cost of kidney dialysis for a privately insured Colorado patient who kept the private coverage in place while going through a full year of kidney dialysis was $111,374, according to data published by a team of researchers led by Virginia Wang of Duke University.
The “Confident Conversations on Retirement” podcast hosts offer employers some tangible strategies to best equip their employees with the knowledge and insight they need to help navigate the complexities of retirement planning.
SAG-AFTRA Health Plan, which provides health care benefits to eligible members of the entertainment industry, was hit with three class actions in California following a data breach incident that occurred in September.
ICHRA adoption continued to grow in 2024, including an 84% increase among companies with 50 or more employees. By tapping into four key trends for 2025, benefits consultants and advisors can help their clients better optimize ICHRA as a solution.
A lawyer for the employers predicts that discovery will show that collusion between drugmakers and PBMs had a significant impact on his clients' costs.