Our View

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.

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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. 

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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.  

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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.

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Now Trending - Sales Force Compensation & Rewards

Increasing competitive pressures, both domestic and global, have brought top management face to face with the urgent need to improve overall effectiveness of the sales organization and field force.

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A Millennial's Perspective on Telehealth

Recently, I was tasked with researching Telehealth providers as many of our clients are curious as to whether this would be a worthwhile benefit to offer their employees. While researching utilization, cost structures, savings metrics and other statistics, I couldn’t help but think to myself: Would I use Telehealth benefits?

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Time for Health Plans to Create a Unique Identifier Number

Written by Meryl Kaplan

Learn how to apply for an HPID, penalties for failure to obtain an HPID, how to prepare for Certification of Compliance, and plan sponsor action items. 

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UPDATED Compliance Checklist for Health & Group Benefit Plans

Sept. 23, 2014 through Jan. 1, 2015

A link to the new HHS and CMS quick reference guide with detailed steps on obtaining a controlling health plan HPID and the formal definition of a controlling health plan HPID have been added to this checklist intended to help plan sponsors manage reporting and compliance deadlines in the ever-changing health benefits landscape.

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HIPAA Compliance Takes on Greater Importance

HIPAA Privacy and Security for Covered Entities Compliance takes on greater importance due to requirements under new health care reform regulations. All plans must now obtain a certification of compliance with HIPAA electronic transaction rules from an independent vendor. See what steps you need to take in avoiding the risk of large monetary penalties for non-compliance.

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Evaluating Private Exchanges Checklist

As employers conduct due diligence to determine if a private health exchange is feasible for their organizations, Findley Davies' Private Exchange Checklist provides a list of criteria to consider.

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Paying Death Benefits to Beneficiaries

Written By Lisa Tomlin

If a plan participant dies in retirement (while receiving pension benefits), then the amount and timing of any benefit payable to a beneficiary will depend on the form of payment the participant elected. However, if the plan participant dies prior to retirement, the pre-retirement death provisions of the plan will dictate the amount and timing of the benefit payment to a beneficiary.

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