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More Employers Offered Health Benefits In 2020, EBRI Says

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More benefits will offered to employees this year, a new report finds.

A combination of a recession, higher unemployment, the Biden Health Care Plan, and the availability of health reimbursement arrangements that workers can use to purchase health benefits through the non-group market could test the resilience of the employment-based health benefits system.

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DALLAS, Sept. 14, 2021 /PRNewswire/ — Bestow, the leading digital life insurance platform, today announces the successful acquisition of Centurion Life Insurance Company,…
Nearly all insurers plan to maintain or increase staff over the next year.

In the next 12 months, 56% of companies plan to increase staff and 37% plan to maintain their current staff size. Technology, claims and operations roles are expected to see the greatest growth.
Lawmakers are looking at creative ways to pass Medicaid expansion in resistant states.

After more than a decade of seeing Republicans block Medicaid expansion, congressional Democrats have hit upon an idea to use the budget reconciliation process to expand Medicaid by working directly with cities and counties.

Brighthouse Financial issued the following news release on Aug. 5, 2021:. Brighthouse Financial, Inc. announced today that it has authorized the repurchase of up to $1 billion of its common stock. “We are pleased to announce this new authorization as it reflects our financial strength, positions us to achieve our goal of returning $1.5 billion to our…

Both Schlue and Roth are required to pay a civil penalty of $750, and Schlue is also required to pay $2,250 in restitution. Schlue pleaded guilty in July to one count of Insurance Fraud, one count of Conspiracy to Commit Non-forcible Felony and one count of Fraudulent Sales Practices under $10,000, all class D felonies. Roth pleaded guilty in May to one count each of…

As part of TCRS’ 21st Annual Retirement Survey of Workers, one of the largest and longest-running surveys of its kind, the new study examines the retirement outlook of Generation Z, Millennials, Generation X, and Baby Boomers. “Workers are weathering a public health crisis and contending with fears about the virus and vaccinations, concerns for family and friends,…

The incentive recognizes crew who have taken the time to protect themselves, each other, and our communities by being vaccinated, “said spokesman Charles Kurtz. The Malvern- based investment giant follows companies such as Kroger, Walmart and JBS and cities in New York, Louisiana and California, which offered bonuses, prizes and even scholarships to vaccine…

Claudette: June 18-22, came ashore in Louisiana. Don't be fooled by the present lull in the tropical Atlantic: the months of August, September and October will bring more storms and hurricanes. On Wednesday, the National Oceanic and Atmospheric Administration increased the expected tally of tropical activity in the Atlantic basin, which includes the Gulf of…

MetLife, Inc. today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual…

Lincoln Financial Group today reported net income for the second quarter of 2021 of $642 million, or $3.34 per diluted share available to common stockholders, compared to a net loss in the second quarter of 2020 of$ million, or$ per diluted share available to common stockholders. “Second quarter adjusted income from operations was a record as our diversified…

Aug. 4— A 38- year-old intoxicated and armed man was arrested for attempted homicide after showing up to a State Farm office and threatening to kill an insurance agent on Friday morning in Greeley. Around 11:53 a.m., multiple parties reported to police that Jacob Maltby, 38, was on his way to a State Farm office in 1900 block of 59th Avenue. This was the second day in a…

–Athene Holding Ltd., a leading financial services company specializing in retirement solutions, announced the close of a significant pension risk transfer transaction with Lockheed Martin, a global security and aerospace leader. Athene’s wholly-owned subsidiaries, Athene Annuity and Life Company and Athene Annuity& Life Assurance Company of New York,…

The move will let the Treasury pay bills incurred by the government without creating new debt for up to three months. Traditionally, the limit keeps the Treasury issuing new bonds to fund the government once a certain limit, which was $22 trillion in 2019, is hit. “The CBO projects that if the debt limit is not raised, the Treasury would probably run out of cash and be…

Heyward Donigan became Rite Aid’ s CEO months before the coronavirus pandemic brought some big changes to how drugstores operate. Like its rivals, Rite Aid started offering same-day prescription deliveries. The company also partnered with Instacart and DoorDash to deliver other products.

United Insurance Holdings Corp., a property and casualty insurance holding company, today announced estimated current year catastrophe losses incurred during the second quarter ending June 30, 2021, of approximately $40 million before income taxes, net of expected reinsurance recoveries. Founded in 1999, UPC Insurance is an insurance holding company…

–Today, The Guardian Life Insurance Company of America released its 10th Annual Workplace Benefits Study, which uncovered how COVID-19 has reshaped employee benefits and workplace culture. The data shows how the pandemic prompted rapid change in areas that had already been gathering momentum pre-pandemic, including flexible work arrangements, employee…

–AmeriLife Group, LLC, a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, has acquired Maximum Senior Benefits, a retail insurance marketing organization that distributes final expense insurance. MSB is headquartered in Utah and a majority of their agency partners are located in the Western United…

Compared to people who have low-deductible health care insurance plans, those enrolled in high-deductible insurance plans were less likely to seek care in the emergency room for chest pain. Low-income patients were less likely to visit the ER for chest pain and were nearly one-third more likely to have a heart attack during a subsequent hospitalization 30…

–While employers often provide matching contributions to their traditional 401 plan, they typically delay fully vesting their employees in those matching funds, according to XpertHR’s 2021 Employee Benefits Survey of 452 US employers. The survey covered over 10 retirement plans and found that traditional 401 plans are the most popular, with 60% of…