Sun Life Financial Ranks Top Ten Most Costly Stop-Loss Catastrophic Claims

WELLESLEY, Mass. — The Employee Benefits Group of the U.S. business group of Sun Life Financial Inc. announced the top ten Stop-Loss catastrophic claims categories from research it conducted. The research presents an analysis of Stop-Loss catastrophic claims spanning from 2008 t
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Ashley Gillihan / Alston & Bird: Newly Proposed Rules Add Clarity To ‘Minimum Value’ Math

Recent Treasury Department and Internal Revenue Service guidance on “minimum value” and premium-assistance tax credits appears to give self-insured employers a green light “to find the least-rich benchmark plan” they can and to make that their benchmark, accord
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Wellness programs may help employers keep health care costs down.

Beginning on Jan. 1, 2014, many of the major components of the Affordable Care Act will go into effect, including the provision requiring all U.S. residents to have a minimum level of healthcare coverage. Here’s a quick breakdown of the Patient Protection and Affordable Care Act
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Health care reform boosts number of wellness incentives employers can offer

Midsize employers will have greater clout to reward workers’ healthy behaviors under the Patient Protection and Affordable Care Act, which boosts the amount of financial incentives that employers can offer beginning in 2014. While permissible financial incentives are limited to
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60% of Employers Plan to Impose Penalties on Employees Who Don’t Take Action to Improve Health — Wellness Programs Move to Sticks from Carrots

In the WSJ article “When Your Boss Makes You Pay for Being Fat”, more employers are taking tough-love measures punishing workers who evade health screenings. But such steps also portend a murky future in which a chronic condition, such as hypertension, could cost workers j
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NYC to Seek New Provider for $6 Billion Health-Care Program

New York City will seek a new provider for its $6 billion health-insurance plan that would require workers to pay premiums for the first time, with discounts for participating in wellness programs, Deputy Mayor Caswell Holloway said. The proposal, which requires approval by unions, wo
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Employers use penalties to push workers into wellness programs

Penalties can be effective in boosting wellness program participation among at-risk workers, but employers must be prepared to address negative reactions from employees. The percentage of employers incorporating premium increases, so-called “gated” health plans and other penalties for
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Dover Corp. launches robust wellness program in short time frame

Dover Corp. doesn’t mess around with wellness. When leaders at the manufacturing company decided a few years ago to implement a common wellness program across each of its operating companies – more than 30 companies spread across almost 100 U.S. locations – they had
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HHS regulations increase wellness rewards

Last November, the departments of Health and Human Services, Labor and Treasury released proposed regulations addressing the provisions regarding employer-sponsored wellness programs under the Patient Protection and Affordable Care Act. The proposed regulations are effective for plan
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Workers see benefits of wellness programs

More American workers recognize the rewards of participating in workplace wellness programs, according to the latest survey from Principal Financial. Sixty-two percent of workers, up from 55% in 2011, believe workplace wellness activities are successful in improving health and reducin
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