A leading pharmacy benefit manager has shaved its drug trend — the combination of a drug's cost and its usage — to its lowest point in four years, but specialty drug costs are still hard to swallow fo… Read More
Health Savings Accounts are proving to be a worthwhile investment for employers.A recent analysis by the consulting firm Mercer found that the average per-employee cost of HSA-eligible plans is 13% le… Read More
Total health care spending for a typical family of four with solid employer coverage may be just 4.3% higher this year than it was last year.Analysts at Milliman, an actuarial consulting firm, have pu… Read More
A federal court recently ordered an employer, WellStar Health System Inc., to pay $750,000.00 to a former employee’s widow for breaching its fiduciary duty in administering its group life insurance pl… Read More
The use of health savings accounts is on the rise, while the use of health reimbursement arrangements is holding steady, according to United Benefit Advisors’ Special Report: How Health Savings Accoun… Read More
Automation, that demon of American job security, may be the patron saint of retirement savings. The average balance in a 401(k) defined-contribution account at Fidelity Investments hit a record $95,50… Read More
While medical cost increases have slowed in recent years, insurers in the U.S. still report trends between 7% and 9% per year, from 2015 to 2017, according to Willis Towers Watson’s 2017 Global Medica… Read More
From student loans and credit card debt to creating an emergency fund and saving for retirement, older millennials are beginning to face similar financial well-being problems as Gen Xers.Financial str… Read More
There are lots of reasons why people get behind in their retirement savings – and one very helpful way that older workers can make up for lost time and catch up.Individuals who are age 50 or over at t… Read More
The annual limit on deductible contributions to a health savings account will jump by $50 in calendar year 2018 for individuals and $150 for families, according to the IRS.For 2018, the annual contrib… Read More
Advantage Benefits Group have proven to be one of the best at what they do! I thoroughly enjoy working with them. It is refreshing to find a company that is not only superb in their customer service, but also responsive, knowledgeable and organized in everything they do. Our company is proud of the business relationship we have developed with them and we look forward to many more years of utilizing their services.
Holland Engineering, Inc.
Our President's Council spent a solid hour this week discussing health, dental, and vision options based on the work you and we have been working on since late last fall. The group found the materials presented to be informative and helpful, so they specifically asked that I share with you their appreciation for all the work that has been put into this issues so far. They were appreciative of both the content, and the timing. In some years it has been early May before we could have that discussion, which is way too late in the cycle and so they wanted me to also express appreciation for having this on a much more helpful timeline to give ample opportunity to consider the options, and to make timely decisions.