Our View

Updated Mortality Improvement Scale for Pension Plans

Written by Blaine Brickhouse, FSA

On October 8, 2015, the Society of Actuaries published an updated version of its mortality improvement scale which, in many cases, will lower pension plan sponsors' financial statement liability and pension expense.

Read more ...

Rising Interest Rates Will Offset Longer Life Expectancy in Pension Plans

Written by Amy Gentile

At what point does an increase in interest rates offset the longer life expectancy anticipated in the new mortality tables for lump sum purposes? Learn about the interest rate increase that is needed to offset the impact for pension plan participants under the age of 40 as well as more senior plan participants.

Read more ...

10 Steps for Developing Outcomes-based Incentives for Wellness Programs

The Health Enhancement Research Organization's key wellness leaders have developed guidelines for outcomes-based wellness incentive programs.

Read more ...

Prepare to Manage New Cholesterol-lowering Drug Costs

Written By Matt McCullough

A new class of specialty medication, PCSK9 inhibitors, are expected to launch in July. Employers should consider strategies to ensure appropriate utilization to avoid large cost increases in this class.

Read more ...

FAQs About Affordable Care Act Implementation

Written by Bruce Davis

A new set of FAQs were released shedding light on coverage of preventive care services required by the ACA. These FAQs clarify coverage for contraceptive services, address genetic testing for breast cancer and anesthesia for preventative colonoscopies.

Read more ...

Retention Compensation Plans - Please Stay!

Written by Rob Rogers

One component of executive and senior leadership compensation that has seen significant growth over the last several years is the implementation of retention compensation. What is retention compensation and how does it work?

Read more ...

Anthem Cyber Attack Serves As Reminder to Review HIPAA Documents

Written by Jason Rothman

Whether or not an employer that sponsors a group health plan has been specifically affected by the recent Anthem cyber attack, employers must make sure that their vendor agreements (for example, service agreement and business associate agreements) are properly drafted to reflect who is responsible for the various requirements under HIPAA in the event of a breach. 

Read more ...

Fixing Misleading Headlines:  Sorry, Your Pension is Not Any Cheaper

Written by Matt Klein

There have been some very misleading headlines lately about how the cost of plan terminations has decreased over the last couple months.  Unfortunately this couldn’t be further from the truth.  Let us explain what exactly is happening.

Read more ...

403(b) Plans: Caution on Number of Plan Participants for Form 5500 Reporting

Sponsors of 403(b) retirement plans should take special note of the number of participants reported when filing their 2014 Form 5500 because the new form requires that active participants as of the beginning of the year be reported. In the past, many 403(b) plan sponsors may have reported only active participants who actually contributed to the plan or currently received employer contributions. 

Read more ...

Should Plan Sponsors Adopt the New Mortality Tables?

Written By Matthew Klein

This Findley Davies Viewpoint article offers an overview of the steps to determine whether adoption of the new mortality tables makes sense for your organization.  To dispel any myth, the Society of Actuaries is not requiring any actuary to use a form of the new tables.  

Read more ...

Telehealth Benefits Infographic

TeleHealth-Facts-and-Figures-for-Plan-SponsorsThis infographic, based on a Findley Davies research initiative, explores utilization, cost structures, savings metrics and other statistics.

Read more ...