Tag: employee benefits

Health insurance elimination by Walmart could harm workers’ wallets

H. Cutner
walmart health insurance

Reports are showing that temporary workers who are no longer being covered by the company could face financial struggles. Recently, Walmart made insurance news headlines when it announced that when it comes to the temporary workers that it employers, it would no longer be offering health insurance coverage among the employment benefits. The company announced that this would affect only a small fraction of the total number of people it employs. Though Walmart pointed out that among the 1.4 million people that the company employs in the United States, only…

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Taxi driver disability insurance lacking among many New York fleets

G. Turner
business travel insurance

Despite the fact that the coverage is required, many companies have not been complying with that rule. According to the New York Workers’ Compensation Board, the law in the state says that taxi driver disability insurance coverage must be provided to fleets for employees who suffer injuries while off duty, or illnesses. However, many of the fleets in the state have failed to provide their workers with that coverage. The lack of taxi driver disability insurance has meant that when employees of these companies suffer from medical issues that are…

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Insurance news made by worker benefits study

G. Turner
health insurance confusion

Research shows that 89 percent of employees select the same coverage options every year. According to the results of a recent survey which are making insurance news, 54 percent of workers in the United States would opt not to gain greater control over their health plan options because they feel overwhelmed by the requirement to make this type of decision. The survey was conducted online with the participation of thousands of decision makers and workers. This was the third annual Aflac WorkForces Report and it has been making insurance news…

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Employees are receiving more creative benefits from companies

Julie Campbell

Companies are providing a wider range of unique and creative benefits to their employees in 2012, with available services ranging from discounted jewelry to pet insurance, reduced funeral planning costs, cancer insurance and even meditation services at the desk. These additional benefits are arriving at a time when employers are trying to keep their workers content in their workplaces despite the higher workloads, pay cuts, reductions in matches for 401(k), and higher costs for health insurance. According to managing director John Breman, from the employer consultancy, Towers Watson, businesses are…

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Families in Ireland may soon have trouble paying for health insurance

Dan

The insurance industry in Ireland is facing troubling times, which may translate into higher rates for consumers. The Irish Patients Association has spoken out about the coming health insurance rate increases coming from several insurance companies. The IPA claims that rates are rising so quickly that they may make it impossible for families to hold on to their policies. The consumer advocacy organization says that if the problem is not addressed legislatively, health insurance will become unaffordable within the next few years. This week, Aviva Health Insurance and VHI Healthcare…

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