More favorable pricing, economic trends suggest improved growth ahead according to new report; profitability hits median high of 22.7% in third quarter.
Recent Employee Benefits News
New John Hancock study identifies significant disconnect between fact and fiction regarding the cost of and ability to get coverage among Americans living with diabetes.
Acquisition will make The Hartford the second-largest group life and disability insurer with approximately $5 billion in expected earned premium while it will allow Aetna to enhance its focus on core health insurance business.
New survey finds that many employees who do not have voluntary group life insurance provided by their employer say it is because their employer doesn't offer it.
New LIMRA study shows 108 million Americans have life insurance through their workplace, compared to 102 million covered by individual life insurance. It is the first time employment-based coverage has exceeded individual coverage.
Term life insurance accounts for the largest share of voluntary inforce premium by product, according to Eastbridge Consulting Group's annual U.S. State ESI and EPI Data report. Dental, short-term disability, long-term disability and universal/whole life rounds out the top five.
3 in 4 human resources professionals surveyed say their benefits broker makes open enrollment easier for them, but 37% say their employees do not understand their benefits.
Contrary to most traditional worksite benefits marketing, which centers on the employer, efforts to sell optional benefits must instead focus on the individuals making the buy/no-buy decision - the employees.
Latest Guardian Workplace Benefits Study says just 1 in 3 part-timers have an employer-sponsored retirement plan; 1 in 4 have an employer-sponsored medical plan; less than 20% have dental, disability, or life insurance benefits at work.
STD new sales premiums show a 12% increase while LTD new sales premiums increased 15% according to Milliman's 2016 U.S. Group Disability Market Survey.