Speakers at SIIA's recent national conference in Phoenix had a lot to say about self-funding strategies, the Gag Clause Prohibition, artificial intelligence and the fututure of employee benefits and health care.
Raising awareness for employees on long-term care needs is critical - and voluntary products (accident, hospital indemnity or critical illness insurance) have a role to play in a conversation about retirement planning.
According to a HHS audit, medical records provided by the health insurer didn't support certain diagnosis codes, similarly to Cigna's lawsuit culminating in the insurer's agreement last week to pay $172 million to resolve allegations.
After 6 years of litigation, GE will settle the lawsuit - the largest ERISA case alleging retirement plan mismanagement - that claimed underperforming funds were the only actively managed options available to participants.
"While we're still seeing a year-over-year decline in hiring, the rate of decline is slowing in certain regions and countries, which we can take as a sign of stabilization," says Linkedin Chief Economist, Karin Kimbrough.
Pharmacists at Walgreens in four states staged a walkout on Monday, citing increasing staffing shortages and job duties, just weeks after CVS pharmacists walked off the job because of similar working conditions.