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Plaintiffs Claim Deloitte Breached ERISA Prudence Duties

"The suit alleges the defendants permitted the payment of excessive administrative and recordkeeping fees in the operation of a 401(k) plan and a profit-sharing plan provided to Deloitte employees." [Singh v. Deloitte, LLP, No. 21-8458 (S.D.N.Y. complaint filed Oct. 13, 2021)]

Deloitte Health Care Current, November 12, 2013

"The [ACA] has served as a catalyst to accelerate the consolidation movement [in the U.S. health care industry] ... Several trends are beginning to emerge ... [1] As reimbursement rates continue their downward trend and the costs of maintaining infrastructure and regulatory compliance march ever higher, the acute care industry seeks scale to better manage costs.... [2] The stand-alone hospital may be an endangered species ... [3] Health plans, which also continue to consolidate, are dipping their toes into the provider business through the acquisition of medical groups."

Consultants Such as Xerox, Deloitte Cash In on Obamacare

"The news recently has focused on the few dozen companies responsible for building the disastrous federal health-care exchange website; but they're just a handful of the hundreds of companies quietly cashing in on Obamacare. Consultants such as Deloitte and tech companies including Dell and Hewlett-Packard are advising government agencies, hospitals, doctors, pharmaceutical companies, and employers on implementing the law. Thanks in part to the [ACA], health-care advice is now a $10.2 billion industry that's expected to grow 6 percent annually over the next five years[.]"

Deloitte Health Care Current, September 10, 2013

"Today's health care system is structured with the wrong incentives for today's operating environment and there are few connections to the patient or trading partners who are using closed proprietary systems that create lots of data but hardly any information.... Given the market needs and disruption taking place with reform, the level of mergers and acquisitions, affiliations, alliances and joint ventures continues to escalate.... Market leaders are investing in new ideas, technologies and capabilities not just to solve today's problems, but also to bring new ways to change the fundamental rules of the health care system."

Deloitte Health Care Reform Memo, July 15, 2013 (PDF)

"in the long term, shifting responsibility to individual employees to manage their health while gauging how the health market will shake out as a result of the ACA. What's it mean going forward? It means health care will be a central theme in board rooms and management meetings for employers large and small.... It means human resource professionals will become health care experts, moving well beyond benefits management to assess and recommend bold changes linked to the company's long- term goals for its workforce and competitiveness. And it means employers are paying attention to the ACA with an eye beyond penalties and compliance to their role in shaping the new normal."

Deloitte Health Care Reform Memo, April 29, 2013 (PDF)

"The drug manufacturing industry -- both large and small molecule -- is at a tipping point. Its adaptation to the forces of change is complicated perhaps more than other U.S. health sectors by virtue of its global scope."

Deloitte Health Care Reform Memo, April 22, 2013 (PDF)

Articles include: [1] 25.7 million eligible for Affordable Care Act insurance subsidies; [2] ACA Prevention and Public Health Fund targeted to support HIX enrollment and PCIPs; [3] Analysis: 3.1 million newly covered under ACA adult-dependent mandate, 0.2% cost increase for employers; [4] Bipartisan Policy Center proposes plan for $560 billion health spending cost-containment; [5] State Update; [6] Industry News; more.

Deloitte Health Care Reform Memo, February 25, 2013 (PDF)

"The convergence of delivery and payments in fully or virtually integrated health systems seems inevitable.... Alignment is not easy, but it no less necessary, especially now. It takes a board committed to breaking down sector silos that constrain alignment inside and outside the organization."

Deloitte Health Care Reform Memo for February 18, 2013 (PDF)

"[T]he health care industry is woefully behind in embracing IT to improve the customer experience. There are two reasons: 1. We think we're different. We think our 'customers' are patients or members inept or incapable of making decisions about their medications, treatments or health risk without our help.... 2. We think the value proposition of IT applied in health care is limited. Complaints from physicians about meaningful use are palpable."

Deloitte's 2012 U.S. Survey of Health Care Consumers (PDF)

Click on the Download button on the linked web page. "Since 2008, the Deloitte Center for Health Solutions has annually polled up to 4,000 U.S. adult consumers about their interest in and ability to operate in a consumer health care market. These surveys queried adults in various age, health status, income, and insurance cohorts to gauge the degree to which consumers are prepared to engage with the health care system as 'patients' or 'consumers.' The distinctions between the two are stark; the implications are transformative -- not only to the health care industry, but to every U.S. household, company, and government agency."

Deloitte's 2011 401(k) Benchmarking Survey (PDF)

68 pages. 'While plan sponsors and fiduciaries are generally aware of the fees charged for the administration of their plans, the possibility exists that many will be surprised by the sum total of costs.

Health Care Reform Memo from Deloitte, July 18, 2011

This edition includes articles titled: Health insurance exchange proposed rules published; comment period for 75 days; CBO coverage projections challenged by Senator Snow; House bill would prevent early retirees from becoming Medicaid-eligible; and a review of state legislation and studies.

Employees May Be Asked to Contribute More: Deloitte/ISCEBS Survey Findings

In response to anticipated higher costs, employers may be poised to implement more employee health care cost-sharing and higher retirement contributions. The 17th annual Top 5 Total Rewards Priorities survey ... indicates many employers are taking a 'wait and see' approach for final health care reform regulations that may reduce plan design flexibility.

Deloitte Overview: IRS Issues Final 409A Regulations – Part III

Excerpt: This is the third in a series of articles summarizing the final regulations under section 409A of the Internal Revenue Code. Previous installments discussed the types of nonqualified deferred compensation to which IRC § 409A applies and the restrictions on distributions that it imposes. We now take up the rules governing the initial deferral of compensation.

Deloitte Overview: Updated 415 Regulations – Part 2 of 2

Excerpt: This article will primarily examine the rules under IRC § 415(b), which apply to defined benefit (DB) plans, as well as other portions of the regulations that apply to DB plans.

Overview by Deloitte: IRS Issues Final 409A Regulations – Part I

Excerpt: The regulations define 'deferred compensation' very broadly, as any arrangement under which compensation for current services is payable in a later year, then carve out exceptions for many common programs, such as qualified plans, short-term deferrals, stock options, welfare benefits, certain types of separation pay and some foreign plans.

Overview by Deloitte: IRS Issues Final 409A Regulations – Part II

Excerpt: This article will concentrate on the restrictions on distributions.... The cornerstone of the distribution rules is the set of events on which distributions may be predicated. The plan must specify what events will trigger distributions, when they will begin (by reference to the distribution events) and in what form (lump sum, installments or annuity) they will be made.

CDHPs Most Effective for Managing Costs, Deloitte Survey Finds

Excerpt: A consumer-driven health plan (CDHP) is the most effective plan design for managing costs and maintaining quality care, according to a plurality of employers participating in Deloitte Consulting's 2006 Survey on Reducing Corporate Health Care Costs.

Section 409A Regulations: Last in a Series from Deloitte

Excerpt: The IRS and Department of Treasury have issued the much-anticipated proposed regulations regarding the application of IRC section 409A to nonqualified deferred compensation plans. 70 Fed. Reg. 57930 (10/3/2005). The proposed regulations incorporate, change and expand upon the initial guidance the IRS provided under Notice 2005-1, 2005-2 I.R.B. 274.

From ERIC & Deloitte: Comparison of Significant Pension Reform Proposals Updated October 7, 2005

23 pages. Excerpt: [The chart is] an updated side-by-side of the pension funding and hybrid plan legislation moving through Congress. The side-by-side was prepared for ERIC by Deloitte Consulting. It outlines ERIC's proposals for pension funding and hybrid plan reform and compares the bills that have been approved by the House Education and Workforce, Senate Finance, and Senate Health Education Labor and Pensions committees.