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Category Archives: Uncategorized
Who’s ERISA and when do I get to meet her?
Billings offers first-hand tips for raising the bar on benefits audits. By Mary Nell Billings March 1, 2011 If you have managed retirement plans, you have managed financial audits on those plans. That is, you should have managed the audits, … Continue reading
FMLA leave, reporting cited as biggest absence management challenges
Intermittent FMLA leave and reporting were the two biggest absence management challenges cited by employers who attended the “Best Practices for Absence Management” session at the 23rd Annual Benefits Forum & Expo this week in Boca Raton, Florida.
Between 4% and 10% of U.S. employees are absent on any given day, said Nazneen Vimadalal, vice president of group markets with Liberty Mutual, while lost time claims can cost organizations more than $19,000 per employee per year. Continue reading
HSAs: Growing in all directions
Having recently surpassed the $1 billion mark in HSA assets, OptumHealth’s Todd Berkley shares how the consumer-directed accounts are fairing as the economy struggles to recover.
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U.S. health insurers seek profits overseas
U.S. health insurers will have to focus on overseas expansion opportunities if they want continued high rates of growth and profitability, according to a study that explores trends toward an expanded role for private health insurance in other countries. Continue reading
Handling Employee Benefit Communication
The human resources department traditionally spends a great deal of time developing written benefit information within the corporate communications structure. Most companies spent a great deal of resources on of general benefit information as well as summaries of health insurance or deductions are printed at the bottom of employee paychecks. Since the role of the HR department has evolved since the 1990s, when the department began to change its role in the workplace, employee benefit communication can be conducted in a number of different ways. The point of solid corporate communications strategies is to make sure that you are providing your employees with as much information as possible to be completely effective at their daily jobs. Continue reading
