Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 26th, 2016
Benefits & Administration
While increases in health care costs are slowing, they continue to outpace inflation by a wide margin, according to the 32nd National Healthcare Trend Survey from Xerox HR Services. Since the most recent recession, the annual projected increase in health care costs has eased from 11.6% in 2010 to 8% in 2016. During the same period, the United States Bureau of Labor Statistics stated inflation rate in the U.S. has been 1.4%. Xerox says there are several reasons why medical cost trends are still higher than inflation.Read more >
More than half (56%) of U.S. employers are confident that public health insurance exchanges will be a viable alternative to group health plans for pre-65 retirees by 2018, according to a survey from Willis Towers Watson.Read more >
DOL Rule Could Lead to More Assets Staying in Plans
“The DOL fiduciary rule impacts all qualified assets and will likely have a major impact on the rollover market,” says Matthew Drinkwater with LIMRA.Read more >