| | Benefits & Administration | | Initiatives to Change Health Care Delivery a Focus for Employers in 2018 | | Health care benefit trends in 2018 will be highlighted by initiatives to transform health care delivery, the role of new technology and efforts to improve the employee experience, according to the National Business Group on Health (NBGH). According to the NBGH, employers continue to manage costs through plan design efforts, but they are also pursuing ways to support changes in how health care is paid for and delivered to drive more effective, efficient and affordable care. Bundled payments with centers of excellence are becoming more prevalent and risk-based arrangements with high value networks and Accountable Care Organizations (ACOs), self-insured health benefit plan models in which employers directly contract with medical providers, are on the rise in select markets. The group sees more traction in value purchasing, increasing employee consumerism and increasing employee engagement in resources offered to them.Read more > | | | PLANSPONSOR Research | | 2017 DC Survey: Plan Benchmarking | | When examining plan design, there are two sets of considerations for plan sponsors. There are the plan design elements and decisions that govern how the plan will work for plan participants, and there are the fiduciary elements and decisions for which plan sponsors and other fiduciaries carry a significant responsibility. Both sets are important in determining the success of a retirement plan, but in different ways. Results of the 2017 PLANSPONSOR DC Survey: Plan Benchmarking indicate that some best practices in plan governance have stalled, and plan design decisions appear to balance both impact and cost.Read more > |
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