Employer-Paid

The Employee Benefits Security Administration is rebooting its advice program, as a professional advisor prepares to take over as its chief.

Health care costs are rapidly rising for all Americans, with average annual out-of-pocket costs increasing from $763 to $1,425 over the past two decades.

For employers, uncertainty about Affordable Care Act public exchange subsidies and rules means uncertainty about cash-for-coverage plans.

And the number of $3 million claims stop-loss provider Sun Life received climbed 47%...

More than one-third of employees avoid thinking about health plans and retirement because they feel too overwhelmed.

The company has put almost 500 of its stores on a list of locations that could shut down.

Daniel Aronowitz said his top priorities as head of EBSA would also include dealing with mental health parity, health care costs and pharmacy benefit managers.

"There are a lot of people who are dealing with and suffering from mental health conditions. That can impact the workplace, which can lead to more discrimination claims," said Chris Williams, Employment Practices Liability Product Manager at Travelers.