Employers

More "hidden fees" alleged at BCBS of Michigan

Blue Cross Blue Shield building and logo
Blue Cross Blue Shield of Michigan headquarters. Photo: Raymond Boyd/Michael Ochs Archives/Getty Images

A nonprofit company in Michigan filed a lawsuit this week against Blue Cross Blue Shield of Michigan, alleging the health insurance company "illegally skimmed" extra money from the company in the form of "hidden fees."

Why it matters: Most employers are self-insured, including the one in this lawsuit, which means they pay workers' medical claims and hire insurers to do back-end work. But hiring insurers also leads to other various fees for employers, some of which may go unnoticed.

Poll: Millennials would sacrifice pay for environmental responsibility

Image of recycling logo.
Photo: Ramin Talaie/Corbis via Getty Images

Three-quarters of millennials would take a job with a lower salary if it meant they could work for a company that was environmentally responsible, while 40% of millennials have chosen a job because of a company’s strong sustainability practices, according to a survey reported by Fast Company.

Why it matters: Millennials will make up about 75% of the workforce in the next 6 years, so focusing on sustainability may give businesses a competitive edge in hiring. Nearly 10% of all respondents — regardless of age — said they would take a $5,000-$10,000 pay cut to work for environmentally responsible firms.

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