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Lawsuits targeting employers’ work with PBMs put HR on alert

HR Brew

Several lawsuits highlight employers role negotiating health plan contracts with pharmacy benefit managers ( PBMs ) that include pricey prescription drugs, and seek to hold them accountable under the Employee Retirement Income Security Act of 1974 (ERISA). The most recent lawsuit was filed by JPMorgan employees on Mar.

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Election year impact: What’s next for employee benefits?

WEX Inc.

As we approach the 2024 United States presidential election, Chris Byrd, senior vice president, health executive and, more broadly, head of Government Affairs at WEX, joined our Benefits Buzz podcast for an insightful conversation on how election years can influence employee benefits. appeared first on WEX Inc.

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Top 10 Professional Employer Organizations (PEO) for 2023

HR Lineup

Unfortunately, most small or startup companies cannot meet their goals due to lack of in-house Human Resource teams that contribute to highly ineffective employee management and creating solid plans. You can also integrate it with other tools to streamline other business operations, whether on-premise or remotely. .

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Top Employee Engagement Tools (Detailed Comparison)

Vantage Circle

Employee engagement tool helps measure or boost employee engagement that in turn will improve the productivity and efficiency of the employees and reduce staff turnover. Features of Employee Engagement Tools. Employee perks: Employee discounts. Employee Recognition. Instant vouchers.

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Health savings accounts: Not your parents’ retirement plan

HR Morning

Where older workers may be more likely to pursue 401(k)s and other traditional retirement plan options, younger millennials and Gen Z have sparked a growth in health savings account (HSA) enrollment and may have improved their retirement potential in the process. Can an HSA really be a standalone retirement option for millennials?

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Time to Reform the Heath Savings Account Regulations

Auxillium West

Health Savings Accounts (HSAs) were enacted by the federal government in 2003 to help employees with high deductible medical insurance plans. The advantage of a high deductible plan is that the monthly premiums are low. Often employers will contribute to the employees’ HSA account.

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Bringing Awareness to Men’s Health Issues During “Movember”

Extensis

The history of Movember The Movember movement began in 2003 , when two Australian friends, Travis Garrone and Luke Slattery, recruited 30 men to grow mustaches to raise awareness of men’s health and prostate cancer. For brokers, this begins and ends with employee benefits.