An employee is suing Johnson & Johnson for breaching their fiduciary duty to effectively manage health benefits. This could drive major change in the industry.
The OMB has concluded its review of the DOL's new Retirement Security Rule, indicating that the controversial rule will be finalized sometime this spring.
The DOL's latest iteration, proposed in 2023 and soon to become final, will ensure that investment advisers prioritize clients' best interests when recommending investments.
Employers generally lack market power to effectively negotiate lower healthcare prices. They need to critically assess whether self-funding will help their bottom line.
Sen. Bernie Sanders released a report focused on problems facing the American retirement system, as advocates of defined-benefit plans squared off with proponents of defined-contribution plans.
For weeks, it seemed 600,000 Anthem enrollees might have to switch plans as the UC Health system struggled to reach an agreement with one of its largest insurance partners.
The DOL's complaint against BCBSM, as well as the series of lawsuits against other TPAs and insurers, may redefine the landscape of fiduciary responsibilities and the role of TPAs in plan administration.