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
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 >
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 >
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 >
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 >
J.P. Morgan Agrees to Settle Stable Value Funds Suit

The firm has agreed to pay $75 million to settle litigation brought by multiple retirement plan participants alleging J.P. Morgan invested its stable value funds in risky assets.

SECURE Act Passes House, Bringing Calls for Senate Collaboration

Reflecting on the much-anticipated House vote, Kevin Walsh, principal with Groom Law Group, said today is an important day for the retirement industry, but it’s not the end of the story.

Individuals, Employers and Government All Play a Part in Retirement Readiness

A new research report and Catherine Collinson, with Transamerica Center for Retirement Studies, lay out steps all three can take to improve retirement confidence and readiness in America.

Participant Loans: A Fiduciary Storm Brewing?
Bruce Ashton, with Drinker Biddle & Reath, discusses the fiduciary risk defined contribution (DC) plan sponsors could face when participants default on plan loans.
What to Know About Financial Audits Filed with Form 5500s
Plan sponsors required to file a financial audit along with their Form 5500 should know how regulators use the information and how to pick the best auditor.

Editorial: Alison Cooke Mintzer

Advertising: Paul Zampitella

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