Financial Wellness

The State of Multiemployer Health Plans: Ten Takeaways

Justin Held, CEBS
 

The median cost of benefits for multiemployer health plans increased 4.7% from 2017 to 2018, reaching $11,642 per participant per year (PPPY), according to a new International Foundation report. The consistent increases in costs over the ten-year period required increases in employer […]

What Plan Sponsors Need to Know After the Passage of SECURE 2.0 Act of 2022

Amanda Wilke
 

The SECURE 2.0 Act of 2022 (SECURE 2.0 Act), which aims to increase retirement savings and expand coverage to employer-sponsored retirement plans, was included in the 4,155-page omnibus spending bill (HR 2617) to fund the government for 2023. The omnibus bill was […]

Looking to Improve Retention? These 15 Wellness Offerings May Do the Trick.

Justin Held, CEBS
 

The International Foundation of Employee Benefit Plans has surveyed benefits practitioners about their workplace wellness initiatives for more than a decade. Over this period, benefits have evolved from time-tested offerings like physical fitness, nutrition and health-screening initiatives to include mental and behavioral […]

Workers Are Stressed Out About Money: 5 Tools to Help

Cara McMullin
 

The uncertain financial world of today is increasing the concerns of an already stressed workforce. A new International Foundation of Employee Benefits Plan study, Workplace Wellness and Financial Education Programs: 2022 Survey Results, indicated that the personal factor most impacted by financial […]