"When it comes to reviewing global benefits benchmarks and requirements, global HR teams should be conducting research at least one per year to ensure polices are still compliant and updated," says Katherine Loranger.
With federal student loan payments set to resume starting next week, more than one in five borrowers expect to reduce savings overall (29%), for emergencies (29%) and retirement (22%), according to a new poll.
With student loan payments resuming Oct. 1, many employers are stepping up to provide guidance and counselor tools or offer one-on-one financial coaching sessions – or even student loan matching for 401(k) plans.
A newer digital health model is bridging the gap between 100% virtual programs and on-call doctors by utilizing dedicated care teams who work one-on-one with individuals on an ongoing basis via chat, phone or video.
There is a renewed focus on nonqualified retirement plans, which are not subject to ERISA rules and can include deferred-compensation plans, executive bonus plans and split-dollar life insurance plans, says a WTW report.
In our enlightening conversation with James Millaway, the CEO of Zero Health, we unpack the concept of health plans without the burden of deductibles and copays.
PBM lobby PCMA and drugmaker lobby PhRMA testified at a House Oversight Committee hearing last week, often pinning the blame for drug costs on each other, while bipartisan lawmakers agreed both were to blame.