PLANSPONSOR Weekend Newsdash
Week ending March 8th, 2019
If an employer is spending an exorbitant amount on health insurance benefits, it makes it difficult to be generous with retirement benefits. Surveys show employers are becoming more innovative in plan designs and strategies in order to reign in health costs for both themselves and employees. Value-based care and specialty pharmacy strategies are just a couple of examples. Employers are still focusing on physical wellness programs, but looking for better ways to improve outcomes and engage employees. In addition, consumer-directed health plans (CDHPs) tied with health savings accounts (HSAs) can reduce costs for employers and provide employees with a bucket of savings for both current and future health care expenses. This week’s PLANSPONSOR Weekend newsletter focuses on the cost of health care.
Editor's choice
Employers Using Evolving Health Care Strategies Cut Costs Significantly
Willis Towers Watson identifies lessons employers can learn from what it deems “best-performing” companies in its annual Best Practices in Health Care Employer Survey.Read more >
Survey Reveals How Employers Can Improve Wellbeing Program Outcomes
A survey of employees by Welltok finds workers want more personalized wellbeing resources and more digital experiences, among other things.Read more >
Lack of Education Could Result in Greater Long-Term Health Costs
Only 33% of employees surveyed by Maestro Health say they completely understand the health coverage offered through their employers, and 62% indicated they feel their employer does not serve as a resource for their health care-related questions.Read more >
Study Shows Where HSA-Users Spend Their Savings
According to a study by Lively Inc. its average HSA-holder spent 93% of his account savings on household health care costs last year.Read more >
Tying HSAs to Retirement Savings
Kelley Long, certified financial planner with Financial Finesse, shared information to help employers promote health savings accounts (HSAs) as a retirement savings tool for employees.Read more >
2021 Target-Date Fund Survey
Rush of Litigation Against Retirement Plans Expected to Continue
One insurer says the more than $1 billion in settlements thus far could make fiduciary insurance a thing of the past.
The DOL Has Begun Retirement Plan Cybersecurity Audits

Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s recent guidance.

2020 Recordkeeping Survey
TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?

Editorial: Alison Cooke Mintzer


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