UnitedHealth enters drug benefits business

UnitedHealth Group is pushing into managing pharmacy benefits, bucking a trend among U.S. health insurers and threatening the dominance of the three largest companies that help negotiate drug pricing.

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Are you an Adviser of the Year?

Time is running out to throw your hat in the ring for one (or more) of EBA magazine’s four annual Adviser of the Year awards! The categories are Health Plan Adviser, Retirement Plan Adviser, Voluntary Benefits Adviser and Employee Benefit Adviser of the Year. Don’t put off nominating yourself or a colleague, though — the deadline is June 24.

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Industry charity looking for new members

Adam McDonough, president and CEO of Lockton, San Francisco, speaks with EBA about the Insurance Industry Charitable Foundation’s outreach to bring more life and health agents into the fold.

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TIAA-CREF launches adviser network

TIAA-CREF is currently selecting advisers for its own network, which will launch over the next six months and go nationwide early next year. For participants in TIAA-CREF retirement plans, the network will be a pre-screened group of planners who can provide advice on specific plans that meet fiduciary standards.

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Comings & Goings

Here’s a recent roundup of promotions and staff changes in the industry.

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