Tag Archives: Consolidated Appropriations Act of 2021

The Opportunity (and Liability) in Healthcare Fiduciary Guidance

Plan sponsor clients are overwhelmed by new regulations requiring a fiduciary process in healthcare plan design. Top advisor Jamie Greenleaf points to the retirement plan space for answers. “ERISA has stepped into the healthcare industry, and you’ve got to take note because the possibility of litigation is extremely high.” It’s the type of comment one... Read More...

CAA raises the bar on fiduciary governance for health plans

The employer-sponsored health plan system is broken. Over the past decade, costs have skyrocketed, and as a result, health benefits are the second largest line item on employer P&Ls. The only thing more expensive is employee compensation. And yet, in 2021, average family premiums topped $22,000 per year, and they continue to grow at an unsustainable rate. But positive change... Read More...

Allowing Employees To Overpay For Health Benefits Is Risky | Insurance Newsnet

More than 60% of American employees are over-insuring their health, and employers now have a clear fiduciary responsibility to ensure their health plans provide a benefit to participants. Read More...

Why a ‘Tidal Wave’ of Fiduciary Lawsuits Are Coming Soon | 401K Specialist

Investing the time and energy in getting plans in compliance now will pay dividends in the coming years. Read More...

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