After numerous articles advocating technology and social media as the only sources of information valued by young workers, a recent study by MetLife has shown that nearly two-thirds of millennials favored a one-on-one discussion with a benefits specialist when trying to understand their employee benefits. Believe it or not, millennials even lead other generations in [...]
The article below was published on May 9, 2017 by the Washington Post, written by Laurie McGinley. A new study shows that safety issues often emerge only after new treatments have been approved by the Food and Drug Administration (Andrew Harnik/AP) (Photo Source: Washington Post) Almost a third of drugs cleared by the [...]
The article below is from Kaiser Health News written by Emily Kopp and Rachel Bluth April 19, 2017. A nonprofit organization that has orchestrated a wide-reaching campaign against foreign drug imports has deep ties to the Pharmaceutical Research and Manufacturers of America, or PhRMA, the powerhouse lobbying group that includes Eli Lilly, Pfizer and Bayer. A [...]
The article below was published on May 5, 2017 by the Employee Benefit Adviser, written by Phil Albinus and Nick Otto. The House of Representatives passed the American Health Care Act Thursday, which will be sent to the U.S. Senate for debate and amendments and then a vote. Here’s what employers need to know about [...]
The IRS has released the inflation-adjusted contribution and related amounts for health savings accounts (HSAs) and HSA-compatible high-deductible health plans, or HDHPs, for 2018. These limits are tied to changes in the Consumer Price Index by application of the cost-of-living adjustment rules. The limits for 2018 are set forth below. 2018 HSA Limits Annual HSA [...]
The article below was published on May 1, 2017 by the Employee Benefit Adviser, written by Brian Kalish. Nearly half of all employees are covered by a self-insured group health plan. Many companies that offer these plans have separate stop-loss insurance policies to protect them against the risk of catastrophically high claims. Some states and [...]
In a continuing effort to keep you advised of upcoming events of interest, Magellan Rx Management is happy to inform you that the Drug Enforcement Administration (DEA) has scheduled another National Prescription Drug Take-Back Day. The event will take place this Saturday, April 29th, from 10 a.m. to 2 p.m. and is a great opportunity [...]
You work hard to offer your employees a comprehensive benefit package—Don’t let your benefits remain misunderstood!
Organizations identify their top challenge with benefits communication as participants not opening/reading materials. Despite challenges, benefits communication remains a high priority for most respondents.
Rarely does a day pass when there isn’t a news headline decrying how few people are saving for retirement, and among those who are saving, most aren’t saving enough.
