In The 21st Century Benefits Challenge Health, health benefits expert witness Mark Johnson, J.D., Ph.D., ERISA Benefits Consulting, Inc., writes:
As the baby boomer generation begins to enter retirement, the competition for qualified talent from a shrinking workforce intensifies.
* Health benefits are increasing in cost and complexity * The employer will continue to be a vital part of the retirement income security puzzle * Benefits are vital to attract and retain the best employees * Social Security and Medicare are under siege and being changed * Membership associations are growing as benefits sources for individuals and employers * Mergers, acquisitions or spin-offs frequently present unexpected benefits-related issues