- Has Affordable Care Finally Gained Traction?
Americans Settle in During Healthcare Uncertainty
Six years after Health Insurance Exchanges were first launched as a result of the Affordable Care Act (ACA), Americans report they are largely satisfied with their healthcare options, according to a survey of 3,760 adults ages 18-64 in August 2019 by national nonprofit Transamerica Center for Health Studies® (TCHS).
read more - Introducing Your Company’s New Brand Ambassador: Ex-Pat Employees
MetLife study shows significantly higher levels of engagement, satisfaction, and productivity among globally-mobile employees compared to employees who have not taken foreign assignments
As employers across the globe continue to identify strategies for winning the war for talent, a detailed look into MetLife’s findings from its 17th Annual U.S. Employee Benefit Trends Study (EBTS) found that globally-mobile employees, defined in the study as Ex-Pats (and In-Pats too), are more than twice as likely as their non-expat peers to…
read more - Financial Wellness Roars Into the Spotlight
Financial wellness-related products and services are roaring into the spotlight to reconcile the financial gap
Employment levels in the U.S. may be high, but real earnings are not. The truth is that incomes have remained stagnant for nearly half a century.
read more - What Drives Benefits Decisions?
How your group clients can strategically 'hold on' to their prized employees
With the U.S. unemployment rate almost at a 50-year low, it is not surprising that one of the biggest challenges facing employers is recruiting and retaining good employees. According to LIMRA research, nearly 7 in 10 employers say this is one of the biggest challenges they face.
read more - Participation, Contributions Climb in 403(b) Plans
Survey also finds growing interest in financial wellness programs.
Organizations that sponsor 403(b) plans reported growth in plan participation and contribution rates, according to the eleventh annual 403(b) plan survey from the Plan Sponsor Council of America (PSCA).
read more - New Strategies For Pension Plan De-Risking
Understanding the value of pension risk transfer annuities over the long term for both employers and employees
As employers wrestle with how best to mitigate the financial risks associated with sponsoring defined benefit (DB) pension plans, they should weigh the relative benefits of limiting vs. eliminating those risks over time, a new white paper from Massachusetts Mutual Life Insurance Company (MassMutual) asserts.
read more - Less than Half of Employers Offer Benefits to Nontraditional Workers
Despite recognizing this risk, more than 7 in 10 plan to continue gig work in the future
Gig work, like being an Uber driver or freelance writer, has become more commonplace. LIMRA research shows 26% of all U.S. workers participate in gig work either as their primary job or as a secondary source of income and almost three quarters of these workers believe they will continue working in this capacity over the…
read more - Employers Play a Critical Role in Improving Workers’ Retirement Security
New research finds employers should do more to help employees financially prepare for older age
Only 17 percent of employers are very confident that their employees will be able to achieve a financially secure retirement, an alarming statistic given the societal role they play in helping workers financially prepare for older age, according to a new research report released today, Employers: The Retirement Security Challenge by nonprofit Transamerica Center for…
read more - How U.S. Health Policy Changes Have Affected Healthcare Costs Over Time
Is the U.S. coming in behind the curve?
There are obvious differences between Canada's single-payer system and the U.S.'s hybrid system in terms of overall individual costs — like tax allocation toward healthcare and insurance premiums — but even when assessing healthcare costs across the board, the U.S. comes in behind the curve. In 2017, $3.5 trillion was spent on healthcare nationwide —…
read more - Employers Increasingly Embrace Financial Wellness Initiatives
Enabling 'good financial decisions'
EBRI’s second annual Employer Approaches to Financial Wellbeing Solutions survey finds that among employers interested in offering financial wellness initiatives, 71 percent either currently offer or are actively implementing such initiatives.
read more - More Americans Turn to Technology for Health Information
A Record Number Now Comparison Shopping for Care
Many Americans want technology – such as artificial intelligence – to help make health care decisions, and a record number say they have used the internet and mobile apps to comparison shop for care, according to a new UnitedHealthcare survey.
read more - Survey: More Americans Turn to Technology for Health Information, with a Record Number Now Comparison Shopping for Care
A record 37% of respondents have used the internet or mobile apps to comparison shop for care, yet many people need greater access to cost information for prescription medications
Many Americans want technology – such as artificial intelligence – to help make health care decisions, and a record number say they have used the internet and mobile apps to comparison shop for care, according to a new UnitedHealthcare survey.
read more - Mercer Urges Organizations to Get Their Workforces ‘Age Ready’ To Drive Growth
Rapidly aging employees and economic uncertainty present formidable 'twin-forces'
Organizations that actively leverage their older, experienced workforce* will be best positioned for the future of work, according to Mercer’s recently published report, “Next Stage: Are You Age-Ready?”. The importance of being “age-ready” is underscored for both businesses and economies by the impact of the twin forces of a rapidly-aging labor force coupled with an…
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