PLANSPONSOR Weekend Newsdash
Week ending December 21st, 2018

Happy Friday! This week we’ll be highlighting health care and other benefits. A new study by the Employee Benefit Research Institute (EBRI) and Greenwald & Associates discusses how high deductible health plans (HDHPs) impact an employee’s behavior and attitude. A Prudential report explains how targeted financial education influences different groups of participants, including LGBTQ, Latino, Black and women workers. Next, find out what changes in health care costs are expected in 2019; how adding active leaders in physical wellness programs can boost participation; and tips for modernizing health savings accounts (HSAs) to be true retirement savings vehicles. All this and more on this week’s edition of PLANSPONSOR Weekend. Please note that there will be no weekend newsletter next Friday. Have a wonderful holiday!

Editor's choice
Benefits
HDHP Enrollees More Engaged With Their Health Plan
They also have many characteristics equated with greater financial stability than those not in a HDHP. Read more >
Data and Research
Study Shows Why Targeted Financial Education Is Needed
Among Asians, Blacks, caregivers, Latinos, LGBTQ Americans and women, Prudential Financial found some groups are better prepared for retirement, and some groups focus more on helping others than themselves. Read more >
Benefits
Predictions for Employer Actions to Reduce Health Care Costs in 2019
Transformation in health care delivery, focus on high-dollar claims and drug costs, and continued movement to account-based plans are among the list for what employer health benefit providers and advocates see happening in 2019. Read more >
Benefits
Leader Involvement in Physical Wellness Programs Improves Participation and Cost Savings
The 2018 Health Enhancement Research Organization (HERO) Scorecard Progress Report also found offering targeted lifestyle management services and having a formal, written strategic plan in place for well-being improve physical wellness program outcomes. Read more >
Benefits
Repositioning HSAs As Retirement Savings Vehicles
A report from Cerulli Associates suggests that pairing HSA and DC plan communication and administration and modernizing HSA investment menus can help to position HSAs as retirement savings vehicles. Read more >
MOST POPULAR STORIES
AT&T Sued Over Calculation of Early Retirement Benefits

The plaintiffs say the plan’s terms reduce benefits using “Early Retirement Factors” and “Joint and Survivor Annuity Factors” which result in plan participants receiving less than the actuarial equivalent of their vested accrued benefit, as required by ERISA.

Congressional Leaders Want SECURE Act Passage in 2019

Based on the conversations industry advocates are having in Washington, none of the leadership in the Senate or the House opposes passage of the SECURE Act.

New Lawsuit Highlights Importance of Cybersecurity for Retirement Plans

A former 401(k) plan participant is suing the plan sponsor and plan providers after unauthorized distributions were made from her account.

IRS Releases 2019-2020 Priority Guidance Plan

The IRS invites public comments and suggestions about guidance.

DC Plans 3.0 Will Really be Tailored to Individual Situations

Bob Collie, head of research at the Thinking Ahead Institute, tells PLANSPONSOR version 3.0 will be customized by “hyper-customization and integrated whole-of-life wealth management” that takes into account all of a person’s savings.

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

Advertising: advertise@strategic-i.com

Subscribe to NewsDash, click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund