Premium - Benefits Glossary

The amount that must be paid for a health insurance plan by covered employees, by their employer, or shared by both. A covered employee’s share of the annual Premium is generally paid periodically, such as monthly, and deducted from his or her paycheck.

Voluntary benefits are becoming the next ERISA fee battlefield
A new wave of ERISA litigation is calling attention to voluntary benefits—an area many employers have long viewed as low-risk. In this piece, Andy Clonts explains why voluntary programs are drawing scrutiny, how compensation structures and loss ratios can create fiduciary exposure, and why plan sponsors should revisit the governance and financial mechanics behind these offerings before regulators or plaintiffs do.
Strategic Benefits Advisors outlines what plan sponsors need to know about the One Big Beautiful Bill
The newly enacted One Big Beautiful Bill Act introduces several changes that impact retirement plans, health and welfare plans, and payroll operations. SBA breaks down what plan sponsors need to know—and where to take action first.
How to tell if you’re paying reasonable fees for actuarial services
As a defined benefit (DB) plan sponsor, it can be difficult to determine whether the fees you are paying for actuarial services are reasonable. Here are some ways to evaluate whether actuarial fees are in line with the services provided.