Week ending April 20th, 2018

Happy Friday, PLANSPONSOR readers! The interplay between health care and retirement has always been in place—as plan sponsors work to offer good benefits for both within their budgets. Employers still struggle to offer good health benefits to employees, and as fewer employers offer retiree health care benefits, more concern is moving to planning for health care expenses in retirement. Selections in this edition of PLANSPONSOR Weekend address these issues.

Editor's choice

Data & Research

Study Raises Doubt on Just How Much Is Needed for Health Care Expenses in Retirement

The latest report from the Employee Benefit Research Institute says expectations of catastrophic health care expenses in retirement are likely flawed. Read more >

Products

Maestro Health Offers New Approach for Self-Funded Health Benefits

The new approach consolidates all of the critical components of health care into a single integrated solution designed to reduce complexity and save money, the company says. Read more >

Benefits

QSEHRAs Help Small Employers Offer Health Benefits

Seventy-one percent of small businesses that offered the new qualified small employer health reimbursement arrangement (QSEHRA) in 2017 had not offered health benefits previously, according to “The QSEHRA: Annual Report,” from PeopleKeep, a provider of benefits for small businesses. Read more >

Data & Research

The Need to Prepare Baby Boomers for Retirement Is Urgent

The Insured Retirement Institute found 42% of Baby Boomers have no retirement savings, and industry sources say longevity and long-term care expenses are often not considered when Baby Boomers plan for retirement. Read more >

MOST POPULAR STORIES

(b)lines Ask the Experts – Must Plans Adopt Budget Act New Hardship Withdrawal Rules?

“I am aware from a prior Ask the Experts column that the Bipartisan Budget Act of 2018 made some changes to the hardship distribution rules?

Retirement Industry People Moves

Industry expert replaces BPAS SVP of Fiduciary Services; USI Consulting employs VP of Retirement Services; Cafaro Greenleaf announces addition of investment analyst; and more.

Financial Wellness Programs May Not Be Right for All Companies

Among employers that do not offer a financial wellness program, reasons cited in a survey were: have not thought about it, need more resources to execute, need to focus on other organization priorities, do not perceive any financial benefits, and do not want to get involved in employees’ personal finances.

House Committee Contemplates Bill That Would Reduce Employer Health Benefit Costs

Also being considered is legislation for expanding benefits of HSAs.

HSA Amendment Bills Moved to U.S. House

Among the bills approved by the House Ways and Means Committee is one that would qualify significantly more health treatments, services and over-the-counter drugs for HSA spending.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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