4+ day, 9+ hour ago   (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...

5+ day, 19+ hour ago   (1067+ words) US employers are absorbing record cost pressures rather than passing them on to workers but unless they fix a deepening benefits literacy crisis, the extra coverage they are stacking to bridge affordability gaps will go largely unused. Nicole Negvesky, Executive…...

6+ day, 7+ hour ago   (449+ words) A related and thornier issue, Rosenbaum said, is what happens once an expert's report is actually finished. Insurers rely on those reports to determine a coverage position, but clients are typically shown only the portions the insurer chooses to share,…...

1+ week, 6+ day ago   (848+ words) US employers are spending up to $20,000 per employee each year on health plans but investing less than $10 per employee communicating those benefits. John Tournet, senior vice president of benefits consulting at Arthur J. Gallagher & Co. in Chicago, says that imbalance is…...

1+ week, 6+ day ago   (215+ words) Some will read that as lawyers being precious. Talk to people in the London insurance market and you'll hear underwriters, brokers and claims managers describe a similar problem, even if they don't use the same language for it. Read next:…...

2+ week, 13+ hour ago   (563+ words) In many organisations, employees frequently assume that employer-sponsored insurance can support unlimited medical claims without consequence. This is a misguided misconception. The reality is that insurance is a shared ecosystem, and therefore misusing a policy does not just hurt the…...