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Monthly Archives: August 2015
The UAW Benefits Failure
via Bloomberg The experiment looked doomed at the start. Five years ago, General Motors, Ford Motor, and Chrysler, with the blessing of the United Automobile Workers union, created an independent entity to provide health insurance for more than 700,000 retirees … Continue reading
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Understanding Market Volatility
via Lockton Retirement Services What is Happening? The stock market declined approximately 10% over the last three weeks (as of 08/24/15). Emerging market losses have been greater, most notably in China. The VIX Volatility Index, also known as “The Fear … Continue reading
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A Healthy Side of Insurer Mega-Mergers
via Wall Street Journal Anthem’s proposed merger with Cigna following Aetna’s acquisition of Humana has set off alarms about lack of competition in the health-insurance industry. But policy makers should consider the potential benefits of industry consolidation. The greater efficiency … Continue reading
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Insurers Win Big Health-Rate Increases
via Wall Street Journal At a July town hall in Nashville, Tenn., President Barack Obama played down fears of a spike in health insurance premiums in his signature health law’s third year. “My expectation is that they’ll come in significantly lower … Continue reading
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Boeing Settles Lawsuit Accusing Company of Mishandling 401(k) Plan
via Wall Street Journal Boeing Co. agreed on Wednesday to a preliminary deal to settle a long-running lawsuit accusing the company of mishandling its 401(k) plan to the detriment of its employees. The settlement comes the day a trial was … Continue reading
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Amazon’s 401(k) Plan Is Pretty Brutal, Too
via Bloomberg To judge by Amazon’s 401(k) plan, the giant online retailer doesn’t have much in common with its more benevolent Silicon Valley peers. The workplace culture now under scrutiny for its reportedly brutal tendencies is paired with a comparatively stingy and … Continue reading
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Telemedicine: Prescription for Growth
via Lockton Health Risk Solutions The use of telemedicine is on the rise. In fact, the National Business Group on Health has projected that as many as 74 percent of large employers will offer a telemedicine option in 2016. If … Continue reading
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Following Netflix, Adobe Bumps Up Parental Leave Benefits
via Wall Street Journal Less than a week after Netflix and Microsoft announced generous new maternity and paternity leave policies, another tech firm has a special delivery for new parents. This time, it’s Adobe Systems Inc., the San Jose, Calif., maker of software like Photoshop, which said Monday … Continue reading
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Audit of Health Exchanges Finds Fault with Controls
via Wall Street Journal Some consumers who got health coverage or subsidies through HealthCare.gov might not have been eligible to receive them last year because of deficiencies in the federal exchange’s internal controls, according to a government report likely to … Continue reading
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The Smart Way for an Executive to Exit
via Wall Street Journal Merger and acquisition activity is booming and some executives may soon find themselves unemployed as companies unite and adjust their top ranks. For example, private-equity owner 3G Capital Partners LP replaced several top executives of Kraft … Continue reading
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