Your Financial and Insurance Industry News Source

Most Recent News

September 23, 2014
ERIC endorses pension nondiscrimination relief bill
The ERISA Industry Committee has come out in support of proposed legislation that would provide relief from ongoing nondiscrimination testing for frozen defined benefit plans.... Full Story
News from BenefitsPro

September 23, 2014
What new Medicaid enrollees think about their coverage
As millions flock to acquire health coverage under Medicaid, the newly covered are generally happy to have insurance, but aren’t quite sure how to unlock the full potential of their coverage. ... Full Story
News from BenefitsPro

September 23, 2014
PE firm fined for violating fiduciary duty
A New York-based private equity fund advisor has agreed to pay more than $2.3 million in fines and penalties.... Full Story
News from BenefitsPro

September 23, 2014
PPACA crackdown on carriers saves billions
According to HHS, rate reviews have saved individuals and families $290 million, and $703 million for small employers in 2013 alone.... Full Story
News from BenefitsPro

September 23, 2014
Sick patients may lose out on exchanges
People with rare diseases may struggle to find the drugs they need on the public exchanges under the Patient Protection and Affordable Care Act, Avalere Health says.... Full Story
News from BenefitsPro

September 23, 2014
8 in 10 give thumbs up to defined contribution plans
U.S. workers are upbeat about defined contribution plans — at least as far as their usefulness — but still don’t know how much to save for retirement. ... Full Story
News from BenefitsPro

September 22, 2014
Free birth control soars under PPACA
About two-thirds of health plans cover birth control, a new study says. ... Full Story
News from BenefitsPro

September 22, 2014
Most PPACA enrollees happy with coverage
Nearly 70 percent of those who bought health coverage through PPACA exchanges said they're happy with their coverage, according to the Commonwealth Fund. ... Full Story
News from BenefitsPro

September 22, 2014
Public perception of health care system plummets
There are some Americans who believe the U.S. health care system is excellent. But they are in the minority. By a wide margin.... Full Story
News from BenefitsPro

September 22, 2014
Decline in Medicare Advantage Rx plans forecast for 2015
With Medicare Advantage plan enrollment at an all-time high, carriers are switching strategies and altering design plans in an attempt to create distinctive plan offerings to this growing consumer audience. ... Full Story
News from BenefitsPro

September 22, 2014
Most modern families haven’t used an advisor
The modern family is certainly different from the traditional dad, stay-at-home mom and 2.5 kids in the ’burbs — in composition, in actions and, as it turns out, in its approach to money. ... Full Story
News from BenefitsPro

September 22, 2014
Retirement plan participants grow more cautious
Defined contribution and defined benefit participants are adopting goal-oriented approaches to offset risk, as opposed to pursuing the highest potential returns, according to research commissioned by Principal Global Investors. ... Full Story
News from BenefitsPro

September 22, 2014
IRS raises interest rate for cash balance plans
The IRS has given pension plan sponsors what they’ve wanted for years: the green light to use a higher fixed rate when crediting interest to their employees’ account balances. ... Full Story
News from BenefitsPro

September 22, 2014
Medicare Advantage growing despite cuts
In response to the new CMS data, health consulting firm Avalare Health said that Medicare Advantage pressures continue and will peak next year. ... Full Story
News from BenefitsPro

September 19, 2014
EEOC cracking down on pregnant employee rights violations
Employment actions directed at a pregnant employee need to be documented as never before. ... Full Story
News from BenefitsPro

September 19, 2014
Cost of caring for parents concerns boomers
About one-third of current caregivers say they are spending 10 percent of their retirement savings caring for elderly parents. ... Full Story
News from BenefitsPro

More News