Medical plan costs paid by employers around the world are set to rise nearly 8 percent in 2019, far outpacing average general inflation of nearly 3 percent, according to the 2019 Global Medical Trend Report released today by Aon, the leading global professional services firm providing a broad range of risk, retirement and health solutions.… Continue reading Employer Medical Costs Worldwide Expected to Rise at Nearly Triple the Rate of Inflation in 2019: Aon
Tag: employee benefits
U.S. Employers Taking Measures to Modernize Total Rewards Programs: WTW Survey
As the war for talent in today’s tightening labor market intensifies, a majority of U.S. employers are taking steps to modernize their Total Rewards programs, according to a new survey by leading global advisory, broking and solutions company Willis Towers Watson. “We know from our research that Total Rewards programs are crucial to an employer’s… Continue reading U.S. Employers Taking Measures to Modernize Total Rewards Programs: WTW Survey
Applied Systems Acquires Dynamis Corporation
Applied Systems today announced the acquisition of Dynamis Software Corporation, a leading provider of employee benefits software solutions in the US. This acquisition expands Applied’s employee benefits offerings and demonstrates the company’s commitment to employee benefits agency automation. “At Applied, we recognize the challenges that benefits agencies face automating their business,” said Reid French, chief… Continue reading Applied Systems Acquires Dynamis Corporation
Employers, Employees Striking a Balance When It Comes to Health Care Costs in 2019
The coming year is expected to usher in better news for U.S. workers when it comes to their health care costs, according to a new actuarial analysis by Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions. In 2018, health care premiums rose 3.5 percent. However,… Continue reading Employers, Employees Striking a Balance When It Comes to Health Care Costs in 2019
Study: Insurers Returning to Pre-ObamaCare Profitability
Insurers in the individual market performed better financially in the first six months of 2018 than they have in all of the years of the Affordable Care Act, according to a brief released Friday. The brief from the Kaiser Family Foundation shows insurers returning to the levels of profitability seen before the passage of the… Continue reading Study: Insurers Returning to Pre-ObamaCare Profitability
Employees Missing Out on the Benefits of HSAs: WTW
As employees think about the affordability of health care now and in the future, 82% see medical costs as their biggest challenge. And yet only 25% rank contributing to a health savings account (HSA) as a top current financial priority, falling below saving for retirement in a 401(k), paying for essential day-to-day expenses and paying… Continue reading Employees Missing Out on the Benefits of HSAs: WTW
Arlene Potts Joins Alliant Employee Benefits
Alliant continues to add proven benefits talent to its team in Virginia with the arrival of Arlene Potts. As Vice President within Alliant’s Employee Benefits Group, the Suffolk-based Potts will work with a diverse portfolio of clients to provide strategic employee benefits solutions that reduce healthcare costs and optimize organizational performance. “Known for her exceptional… Continue reading Arlene Potts Joins Alliant Employee Benefits
Brady Ayala Joins Alliant Employee Benefits
Alliant has added one of Oklahoma City’s most multifaceted benefits professionals to its growing Employee Benefits Group in Brady Ayala. As Senior Vice President, Ayala will service a growing portfolio of regional clients, deploying a full range of benefits consulting solutions focused on strengthening operations and reducing costs. “Brady has built a strong reputation throughout… Continue reading Brady Ayala Joins Alliant Employee Benefits
Marsh to Acquire Jardine Lloyd Thompson Group Plc for $5.6B
Marsh & McLennan Companies, Inc., a global professional services firm offering clients advice and solutions in risk, strategy and people, today announced that it has reached an agreement to acquire Jardine Lloyd Thompson Group plc, a leading provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services. The transaction has been approved… Continue reading Marsh to Acquire Jardine Lloyd Thompson Group Plc for $5.6B
Survey: Willis Towers Watson Finds Increasing Satisfaction with the Benefit Marketplace Experience
Willis Towers Watson, a leading global advisory, broking and solutions company, released its 2018 Employee and Employer Experience on a Benefit Marketplace Report and found that overall employee and employer satisfaction rates with the benefit marketplace are increasing. From 2016 to 2018, overall employee satisfaction rose from 92% to 95%, and overall employer satisfaction rose… Continue reading Survey: Willis Towers Watson Finds Increasing Satisfaction with the Benefit Marketplace Experience