Tag: Benefits program
Choice Overload and Your Benefits Program
Choice overload and your benefits program. The pressure to provide a cost-effective, comprehensive healthcare program to attract and retain top talent is something that employers strive to accomplish in today’s competitive labor market. Yet the desire to create a benefits program that appeals to everyone could actually have the opposite effect.Too many choices can distract […]
ERISA Fiduciary Duty – Who is Responsible?
The proposed class action against Johnson and Johnson has shed light on the importance of the ERISA fiduciary duty of your benefits program. The recent lawsuit accuses the company of mismanaging prescription drug benefits, which cost some employees millions of dollars.The Employee Retirement Income Security Act (ERISA) includes strict standards of conduct for those who […]