Benefits

  • Who Are Gig Workers and How are They Faring?
    Who Are Gig Workers and How are They Faring?

    Some Surprising and Some Not-so-surprising Findings from the New Bureau of Labor Statistics Survey

    While the term “gig economy” may conjure images of Millennials driving for Uber, the reality is that workers in alternative employment arrangements are far more likely to be Gen Xers or Baby Boomers.
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  • Medicare’s Financial Condition: Beyond Actuarial Balance
    Medicare’s Financial Condition: Beyond Actuarial Balance

    With income diminished and expenses on the rise, sustainability now a central focus

    Each year, the Boards of Trustees of the Federal Hospital Insurance (HI) and Supplementary Medical Insurance (SMI) trust funds submit a report to Congress on the Medicare program’s financial condition
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  • Two Lawsuits with Implications for the Coverage of Millions of Americans
    Two Lawsuits with Implications for the Coverage of Millions of Americans

    With potentially far reaching implications for the Affordable Care Act and the Medicaid program—and the millions of Americans who depend on them for their health insurance

    by Sara R. Collins

    Significant legal challenges have marked the history of the Affordable Care Act (ACA) since its passage in 2010, and have largely determined the outlines of the law’s current structure. Similarly, as Sara Rosenbaum argues in a brief published this week, the courts have substantially shaped the Medicaid program over its 53-year history.
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  • Fidelity Asks: Are You Making The Most Out Of Health Savings Accounts?
    Fidelity Asks: Are You Making The Most Out Of Health Savings Accounts?

    Many are not maximizing HSAs – A misunderstood savings opportunity

    Today, Fidelity Investments® announced it has continued to see double-digit growth of its health savings account (HSA) business, adding 112 new employers in 2017 that provide HSAs to their employees. Account openings are also on the rise, with Fidelity’s 837,800 individual account holders representing $3B in assets, a 50 percent increase from 20171.
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  • Nation’s Men Stressed About Finances, Work and Health
    Nation’s Men Stressed About Finances, Work and Health

    Unum spotlights top stressors during Men’s Health Month

    Recent research from Unum (NYSE: UNM), a leading provider of leave management services and employee benefits in the U.S., details the prevalence of stress and behavioral health concerns among the nation’s men.
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  • How Would Retirement-Reform Proposals Impact Retirement Income Adequacy?
    How Would Retirement-Reform Proposals Impact Retirement Income Adequacy?

    Reduction in retirement deficits could be significant for younger age cohorts

    The Employee Benefit Research Institute (EBRI) has just released new research that examines the impact of various retirement-reform proposals on aggregate retirement deficits. While EBRI’s Retirement Security Projection Model,® (RSPM) shows that most policy initiatives would have limited impact for those already on the verge of retirement, the reduction in retirement deficits could be significant…
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  • Actuaries Identify Drivers of 2019 Health Insurance Premium Changes
    Actuaries Identify Drivers of 2019 Health Insurance Premium Changes

    Having stabilized, individual market now facing deteriorating risk-pool

    The American Academy of Actuaries has identified increasing health care costs and the effects of public policy changes as among the major drivers of 2019 premium rate changes for individual insurance coverage that is subject to Affordable Care Act (ACA) rules.
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  • Twenty-Three Percent Fewer Employers Are Offering Life Insurance to Their Workers
    Twenty-Three Percent Fewer Employers Are Offering Life Insurance to Their Workers

    Still, employees recognize its importance and value

    In 2017, only 48 percent of employers offered life insurance to their workers, a 23 percent decline from 2006. This continues a steady of decline in employer-sponsored life insurance since 2006 ).
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  • The Costs & Impacts Of Caring
    The Costs & Impacts Of Caring

    Report: The strain on caregivers reaches across generations, resulting in lower productivity in the workforce

    A new report from Unum (NYSE: UNM), a leading provider of leave management services and employee benefits in the U.S., details how caregiving responsibilities can take emotional, physical and financial tolls on the caregiver and result in lower productivity and engagement at work.
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  • Though More Comfortable with Volatility, Americans Still Lean Toward Protecting Retirement Savings
    Though More Comfortable with Volatility, Americans Still Lean Toward Protecting Retirement Savings

    Concerned about their Nest Eggs and Ability to Recover from Significant Market Drop

    Americans are becoming more comfortable with market volatility in the short term, but market gyrations so far this year have them increasingly interested in finding ways to protect their savings from such volatility
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  • Sun Life Financial acquires Maxwell Health
    Sun Life Financial acquires Maxwell Health

    Robust technology platform provides complete benefits administration

    Sun Life Financial announced today that it has acquired Maxwell Health, an innovative start-up with an employee benefits platform that makes benefits and HR administration simple for employers and their employees.
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  • Self-Directed 401(k) Investors Favored Mutual Funds in First Quarter
    Self-Directed 401(k) Investors Favored Mutual Funds in First Quarter

    Despite volatility, average monthly trades remained low

    According to Charles Schwab’s SDBA Indicators ReportTM, an industry-leading benchmark on retirement plan participant investment activity within self-directed brokerage accounts (SDBAs), plan participants invested the largest percentage of new assets into mutual funds in the first quarter of 2018, followed by exchange-traded funds, equities and fixed income.
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  • J.P. Morgan Launches Enhanced Digital Target Date Compass Program
    J.P. Morgan Launches Enhanced Digital Target Date Compass Program

    An Industry-Leading Program to Evaluate and Select Target Date Funds Gets Even Better

    J. P. Morgan Asset Management is announcing a major upgrade to its popular Target Date CompassSM tool that advisors use to help plan sponsors make informed target date fund selections.
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