Four of five U.S. companies have raised deductibles or are considering doing so as health costs increase, according to a Mercer survey of more than 700 employers.
Rising health care costs are driving employers to audit their covered dependents to eliminate working spouses.
Benefits and risk management consulting firm Laurus Strategies launches a private exchange consulting practice to help employers identify vendors and determine the feasibility of moving to a private exchange.
The private and public exchanges offer employers an opportunity to help manage costs and provide personalized benefits, but there is no one-size-fits-all solution, industry experts say.
In two employer-focused sessions at AHIPs annual policy conference in Washington this week, the excise tax in the ACA known as the Cadillac tax dominated the list of future concerns for plan sponsors.
A new study from PricewaterhouseCoopers finds consumers are a lot less focused on the price of their plan than insurance executives believe them to be.
While outsourcing is a dirty word for many U.S. workers, most organizations that outsource benefits administration do so not to reduce HR head count, but rather to achieve legal compliance, reduce burdens on internal staff, gain efficiencies and gain access self-service technology.
With mid-term elections bearing down, the government changed its regulation of Obamacare to give consumers and states more flexibility to decide on their health plans, insurers more time to sign up customers and taxpayers a chance to avoid more costs.
Many employers are turning to private health care exchanges to rein in costs and benefit consulting firms are reaping the benefits, according to a new report from Moodys Investor Services.
The operator of a private HIX platform for small and large employers has teamed up with a global leader in entertainment payroll, residuals and other integrated production management solutions to fill health care coverage gaps in an industry known more for who is appearing in front of the camera.
Helen Darling, retiring this spring from her role as president of the National Business Group on Health, discusses some of the challenges and choices ahead as employers prepare for the ongoing rollout of the ACA and private and public exchanges.
Consumers shopping on the Obamacare exchanges are thriftier than the general public, with more picking health plans based on price rather than their choice of doctors, a study found.
As Healthcare.gov procrastinators gear up for the nail-biting final weeks of 2014 enrollment, some lucky part-time or seasonal workers will be able to ride the coattails of their employers customized portal for assistance.
A contribution strategy is the foundation of a benefits program and is a major factor in determining plan satisfaction. Therefore, its imperative that the benefits administrator and their insurance broker develop a sustainable contribution strategy that makes sense for the employer and workforce.
Over the next three to five years, the Affordable Care Act will likely have little impact on the health of the employed population as employers report they will continue to offer health care benefits. However, a large share will find ways to reduce costs through new approaches for the retiree population, according to a new survey from Aon Hewitt.