Benefits & Compensation News

Domino effect: Why dropping spouses may not cut health plan costs

It’s becoming one of the more common cost-control measures employers have at their disposal regarding health care: dropping spouses from their plan if those spouses are offered coverage through their own employer. But new research suggests there are several unintended consequences of this move many firms aren’t aware of. [Read more…]

Your firm’s health insurance may delay workers’ retirement

It’s not just a lack of financial preparation — and the negative effects of the recession — that’s causing an increasing number of workers to push back their retirement. Health insurance concerns play a pivotal role, as well. [Read more…]

Self-insured plans on the rise: Why firms are going this route

In the past, self-insured plans were only used by the largest companies. But thanks to an ever-changing healthcare landscape, going it alone is becoming more attractive to firms of all stripes. [Read more…]

Working till 70 won’t guarantee adequate retirement funds

First the magic number was 62, then it was pushed back to 65 and then many experts said that working until the age of 70 would guarantee a comfortable retirement. But will that delay be enough? [Read more…]