News/Blog

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Financial Wellness: How it Impacts the Health of Employees

What is a Financial Wellness Program? Workplace wellness programs first rose to prominence in the late 1980s. The original design of the programs addressed physical and mental well-being for employees through lifestyle and disease management. According to IBIS World, a leader in industry market research, the wellness industry generates nearly $6 billion in revenue. While…

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ACA Reform: A Sneak Peek into the new American Health Care Act

After much anticipation, House Republicans have revealed their alternative to the Affordable Care Act. The new American Health Care Act promises many changes ranging from tax incentives to a halt on Medicaid expansion. Despite meaningful progress, the bill faces challenges. Even among republicans, there is still discord between moderate and hard-right conservatives like Rand Paul,…

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Shifting Power: How Will the DOL Affect Healthcare?

Abstract Many continue to speculate the future of the Healthcare sector as it pertains to the Affordable Care Act and new Department of Labor laws. As President Elect Donald Trump takes the stage, he looks toward Andrew Puzder as Labor Secretary. Besides the debate between the right and left wingers, a big discussion on increasing…

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The Death of ACA and the Future for Employees

My opinion is that the ACA employer mandate will be repealed. Why? Besides the immense unpopularity of the employer mandate by business owners, market pressures should continue to motivate employers to provide health care for the purposes of attracting and retaining employees and staying competitive in the workforce marketplace. I’m not sure the egalitarian tenets…

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ACA: Bad News for State Government Finances

With the impending collapse of the Affordable Care Act’s state exchanges and the belief that Medicaid or some other form of government-sponsored plan will replace private insurance now used in the exchanges, the outlook for state finances appears to be grim. Since the end of the Great Recession, most states have benefited from economic growth…

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4th Quarter 2016 – Benefits Bulletin

    Overview: Benefits Bulletin is a quarterly newsletter that covers hot benefit topics in depth. This issue includes information about the new overtime rule, penalties for health plan violations, changes proposed to Form 5500 and the 2016 election.

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Employers Want Cost Savings/Benefit Brokers Look to Improve Service and Relationships

Prudential Insurance recently released its employee benefits report Ninth Study of Employee Benefits: Today and Beyond. I found it very curious that the study/ survey found that benefit brokers top business objectives in 2016 are:   Retaining current customers Increasing productivity and efficiency Increasing customer satisfaction Providing high quality service Deepening relationships with current customers…

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