Happy Friday, PLANSPONSOR readers! This week, we’ll turn our attention towards health care features and other significant benefits. In a new survey from Millennial Personal Finance, workers revealed they would be willing to sacrifice health care benefits, dental care and paid time off (PTO) in exchange for employer help on loan repayments. The Internal Revenue Service (IRS) has disclosed the health flexible spending account (FSA) limit for 2018—a $50 increase from that of 2017. AEU Holdings LLC, AEU Benefits LLC and Black Wolf Consulting have been barred by the Department of Labor (DOL) from serving as fiduciaries or service providers to individual employer plans participating in the AEU Holdings LLC Employee Benefit Plan, after failing to pay $26 million worth of medical claims. A survey by Segal looks into the cost management strategies most heavily utilized by group health plans in 2017; and DirectPath presents a health care cost feature designed to estimate prices of medical procedures and treatments. All this and more on this week’s edition of PLANSPONSOR Weekend. |