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Benefits

 

 Latest News

 

Health Care Still Dominates Rewards Mix
Health care is the benefit employers are most focused on, particularly as they weigh the various effects of the Affordable Care Act, according to the Society for Human Resource Management's newly released 2015 Employee Benefits research report.

Marriage Equality Nationwide Changes Benefits
The U.S. Supreme Court's ruling allowing same-sex couples to marry in all 50 states means same-sex spouses and opposite-sex spouses should be treated equally. The most significant impact involves taxation of health benefits to same-sex spouses in states that had not recognized same-sex marriages.

Growth Predicted for Private Health Care Exchanges
Now that the Supreme Court has made it clear the Affordable Care Act is here to stay, employers will likely turn to private health insurance exchanges to hold down employee benefit costs, said presenters at the 2015 SHRM Annual Conference.

Supreme Court's Ruling Means No ACA Reprieve
King v. Burwell makes clear that employers should take all necessary steps to maintain compliance with the Affordable Care Act’s coverage and reporting requirements.

Health Costs Projected to Rise 6.5% for 2016
A new report identifies those factors expected to either reduce the rate of growth for health care costs in 2016 or, conversely, to boost the spending trajectory.

Couples Disconnect on Retirement Plans, Savings and How Much the Other Half Makes
Most couples talk past each other when it comes to financial matters, but planning together could make a big difference in determining whether they are saving adequately to prepare for retirement.

Self-Insurance Growing, but Not So Much at Small Firms
Among smaller employers, self-insurance may become a more attractive means to mitigate regulatory cost increases. But they are not yet following the self-insuring lead of larger firms.

New Practices Help to Manage Chronic Care
While programs to manage chronic conditions can improve care and reduce costs, health plans report these programs are underused, leading them to try these new approaches to chronic care management.

Employers Redesign Plans to Manage Drug Costs
Although the vast majority of U.S. employers still rely on traditional plan designs to manage prescription drug costs, many are ready to focus on new and novel approaches.

Final Rule Issued on Summary of Benefits and Coverage
Federal departments issued a final rule regarding the health care Summary of Benefits and Coverage and uniform glossary that must be provided to employees.


 

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Stephen Miller, CEBS, is online editor/manager for compensation and benefits at SHRM. @SHRMsmiller
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SHRM 2015 Annual Conference
June 28-July 1 | Las Vegas, Nev.



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