Homeowners: Beware of These Five Types of Construction Fraud
When warm weather arrives, so do crooked contractors who want to steal from homeowners. They provide bogus repairs that are not even necessary. In some cases, no work at all is done after they receive an initial payment. While most contractors
A Multi-Generational Approach to Employee Benefits
Open enrollment season can feel like a familiar ritual: publish the guide, send a few e-mails, hold one webinar and hope employees make good choices. But when employers take a one-size-fits-all approach to benefits design and communication, they often leave
New Law Aims to Rein in PBMs, Reduce Costs
The federal spending package that President Trump signed into law Feb. 3 includes provisions aimed at reining in pharmacy benefit manager tactics that have drawn fire from employers, insurers and lawmakers for allegedly driving up costs. The changes in the Consolidated
Are Your Benefits Enough to See Employees Through a Crisis?
Middle-class families — those with incomes of between roughly $50,000 and $180,000 per year (depending on where they live) — are becoming increasingly reliant on workplace benefits to ensure their financial well-being in case of a disability or critical illness. Simple
More Employers Offer Caregiver Leave as Need Mounts
A new survey found that many employers plan to add or expand caregiver leave as they contend with workforce burnout, changing family dynamics and competition for talent. According to WTW's "2025 Absence, Disability and Medical Leave Survey," caregiver leave is expected to
The Importance of Reconciling Your Employee Benefits
Employee benefits are one of the largest and most complex expenses many employers manage — and they also include strict fiduciary obligations. Yet many organizations assume that once open enrollment ends and payroll deductions are set, everything will continue to run
How Health Insurers Are Trying to Rein in Costs Without Cutting Value
Employers are grappling with another year of steep increases in group health plan premiums due to medical cost inflation, higher utilization and rising drug prices. At the same time, health insurers can no longer shift additional costs to employers and employees
Voluntary Benefits Lawsuits Add Fiduciary Concerns for Employers
Plaintiff's lawyers are breaking new ground by suing employers for allegedly failing in their fiduciary duties to manage their voluntary benefit plans, including dental, vision, accident insurance, critical illness, cancer and hospital indemnity benefits. These class action lawsuits typically allege that
‘Stealth’ Health Plan Cost Drivers Employers Can’t Ignore
As employers face rapidly rising health insurance costs for their employees, industry pundits are increasingly urging benefit leaders to confront "stealth" cost drivers that quietly inflate spending year after year. While headline issues like premium increases draw the most attention, some
Seven Tips for Avoiding High Medical Bills
When people sign up for a new health insurance plan, be that an employer-sponsored plan or one purchased on the Affordable Care Act (ACA) exchange, they can often be confused about when coverage starts, what is covered and whether they