As health plan cost growth continues to outpace wage increases and consumer price inflation, plan sponsors have turned to pharmacy management programs as the main strategy to keep annual increases in … Read More
Automatic enrollment is used by the majority, 60%, of all retirement plans, according to the Defined Contribution Institutional Investment Association’s (DCIIA’s) report, “DCIIA Fourth Biennial Plan S… Read More
Workplace health trends are increasing in popularity with the rise of mental health awareness. With 84 percent of employees having experienced physical, psychological, or behavioral symptoms of poor m… Read More
Many 401(k) plan participants have developed bad habits and make investment decisions in ways that are less than optimal. Dalbar calculates that for 2016 the average equity investor earned a little mo… Read More
Even though all plan sponsors are fiduciaries, 49% do not think they bear this responsibility, AllianceBernstein (AB) found in a survey. This is up from 37% of plan sponsors who said they are not fidu… Read More
It’s been conventional wisdom for some time now that America’s opioid epidemic began at the pharmacy. Now there are numbers that put any doubt to rest.More than half of all people who succumbed to an … Read More
Kyle Woods, senior associate at Alston & Bird in its Atlanta office, says in past years there have been significant year-end deadlines for retirement plans, but this year, due to fewer legislative cha… Read More
Nutrition and physical activity are important parts of a healthy lifestyle when you have diabetes. Along with other benefits, following a healthy meal plan and being active can help you keep your bloo… Read More
Required minimum distributions (RMDs) are mandatory, annual withdrawals that participants must take when they turn 70 1/2 years old and are no longer employed or when they work past that age then reti… Read More
Pam Yurk backs the Affordable Care Care, but she wasn't happy to hear about yet another price hike for her health insurance plan.A 59-year-old Galesburg resident, Yurk has a retired spouse on Medicare… Read More
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.
Ferris State University
We have relied on Advantage Benefits Group for support of our employees healthcare plans for quite some time. They have been extremely helpful in providing expert plan design guidance and assisting in all aspects of the vendor selection and negotiation processes. They continue to support us on an ongoing basis by providing periodic analyses of our plan performance and keeping us informed on the latest benefit trends.