Benefit Design and Communication
Benefit Design and Communication News, Articles, Blogs, Webinars, White Papers & Events. Human Resources Management featuring HR news on Benefit Design and Communication.
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Much 'To Do' to Keep Retirement Running Smoothly
Revisiting the company's investment plan statement should be the first order of business, and then start building your paper trail to ward off IRS inquiries.
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NHL Players Score New Pension Plan
The defined contribution plans, created during the last league lockout in 2005, will be restructured into voluntary contribution plans and neither plan will be terminated.
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So This Is 30: How Health Care Rules Are Changing for Part-Timers
While part-time workers make up 23 percent of the total workforce, only 15 percent of them are eligible for health coverage, survey reveals.
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The Medical Home Evolves From Recordkeeping to a Community of Care
A patient-centered medical home practices preventive medicine and helps manage chronic illnesses through a partnership between patients and their primary care physician and other health professionals
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Certifications Aid Navigation of the Affordable Care Act Maze
Finding a qualified partner in the employee benefits industry can help companies adjust to the ACA regulatory landscape. Accreditations are enhancing their knowledge.
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Valuing Value: California Mines New Health Coverage Plan Concepts
SeeChange Health and Blue Shield of California are two San Francisco insurance companies that are stepping up efforts to market value-based insurance design plans to large employers.
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Lockheed Martin Offers Lump-Sum Option to Some Former Employees
When participants take lump sums and move out of a pension plan, employers can reduce certain fixed costs, such as the payment of sharply rising premiums to the Pension Benefit Guaranty Corp.
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Weighing in on Wellness Incentives
The American Heart Association and American Cancer Society are among the groups providing guidance on how organizations can design outcomes-based incentives programs that don't discriminate against employees.
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Data Bank Focus: Getting Them to Stay
Even with quit rates rising only modestly since 2007 for most industries, any quit is costly. Replacement costs can run from one-half to five times an employee's salary. If you haven't calculated the cost to replace all the employees your company loses in a year, take a look at the salaries of the
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Retirement Showdown
Experts are looking to educate lawmakers about the benefits of protecting the existing tax treatment of retirement plans.
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AMR Seeks Court Approval to Remove Lump-Sum Benefit Option in Pilots' Pension Plan
American Airlines Inc. parent AMR Corp. has asked a federal bankruptcy court in New York for permission to allow the airline to amend its frozen pilots' pension plan so that retiring pilots cannot receive their accrued benefits as a lump-sum.
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Cabinet-maker Among Firms Adding Wellness to Health Care Cupboard
For companies considering healthy programs, it's important to create a wellness culture, one executive says. “If you're doing it just to attack claims, don't do it. It won't succeed.”
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Employers Taking Charge of Their Retirement Plans
New federal rules released last year made clear that defined contribution plan sponsors needed to get a better handle on investment and other provider fees. A new survey shows that they have.
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Employers' Deadline to Inform Employees of Health Exchanges and Cost-Sharing Plans Extended
The March 1 deadline for businesses to notify employees of their benefits cost-sharing plans and government-run health insurance exchanges has been postponed. A new deadline is expected by fall.
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Mercer to Launch Health Insurance Exchange for Medicare-Eligible Employees
The exchange, which Mercer is offering along with Connextions Inc., a technology solutions company, will provide assistance to retirees during enrollment periods and throughout the year.
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House Panel OKs Bill to Ease FSA ‘Use-It-or-Lose-It' Rule
The bill approved by the House panel would eliminate over-the-counter restrictions in the health care reform law.
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General Motors Co. Offers Pension Buyout to Salaried Workers
General Motors Co., in a statement, said the moves should reduce its U.S. pension liability by about $26 billion, a major step in its bid to reduce the $134 billion pension obligation on its books, which GM says is the largest pension liability for any U.S. corporation.
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Most Employers to Offer Health Plans to Employees in Near Future
The findings are similar to those last month from the International Foundation of Employee Benefit Plans, which found that 85 percent of respondents said they definitely would or were very likely to continue coverage.
