Health insurance for workers at Olive Garden to improve

Health Insurance for employees at the Olive Garden

Employees have been told that they can expect to see better benefits coming soon. Sears and Darden Restaurants – the company that owns the Olive Garden and Red Lobster chains – has recently revealed their intensions to change the way health insurance benefits will be provided to the workers at those locations. Employees will now have the opportunity to purchase their own plans. The restaurant giant has stated that instead of choosing the plan on behalf of their employees, it will pay them directly in order to allow them to…

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Aon Hewitt introduces new corporate health insurance exchange

Group Health Insurance Exchanges

Aon Hewitt provides alternative to state-run and federal health insurance exchanges Health insurance exchanges are on their way, thanks to the Affordable Care Act, but many of the country’s small and mid-sized businesses are still concerned for what these systems could mean for them. Health insurance exchanges are designed primarily with consumers in mind, not businesses. As such, many of the concerns some businesses are having concerning the changing landscape of health insurance go unaddressed. Aon Hewitt, the human resources and health benefits consultancy division of the Aon Corporation, has…

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Health insurance group plans are 97 percent more expensive than in 2002

Cost of health insurance rates

The price of medical coverage has been on a rapid climb throughout the last decade. A new national business survey has released its results this week, and it has shown that the cost of family health insurance through workplace plans has increased another 4 percent this year, while wages rose by only 1.7 percent. The survey was conducted by the Kaiser Family Foundation/Health Research & Educational Trust. The gap between the coverage sponsored by employers, and the salaries paid to the employees is considered even more significant when the trend…

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Employer sponsored health insurance here to stay

employer sponsored Health Insurance

Study takes aim at employer-sponsored health insurance The Affordable Care Act has created a degree of uncertainty surrounding the issue of employer sponsored health insurance. The law is slated to make significant changes to the U.S. health care system, but the majority of these changes will not go into effect until 2014. The law was passed in 2010, providing ample time for worry and concern to take root in consumers and businesses alike. A recent study from Towers Watson, a leading professional services firm, takes aim at the issue of…

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Health care survey shows workers often make poor coverage decisions

open enrollment 2012

The open enrollment window is approaching, but many employees won’t make the right choices. According to a health care survey conducted by Aflac, many people either don’t understand the benefits that they have, or they’re not putting in the necessary effort to learn about their coverage in the first place, and this could lead them to make poor decisions when the open enrollment season begins. A significant amount of money is wasted every year due to this lack of attention. According to the Aflac vice president of corporate services, Audrey…

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