Benefits

  • 8 In 10 Employers Admit Widespread Worry About Employees’ Financial Woes
    8 In 10 Employers Admit Widespread Worry About Employees’ Financial Woes

    Their workers are struggling financially as they wrestle with retirement savings, personal and tuition debt, and medical costs

    Eight in 10 employers say their employees are struggling financially as they face persistent problems such as saving for retirement, paying down debt and dealing with medical expenses, to name a few, according to new research from Massachusetts Mutual Life Insurance Company...
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  • More Than Half of Americans Have Avoided Medical Care Due To Cost
    More Than Half of Americans Have Avoided Medical Care Due To Cost

    For most, prices are a priority

    If there is one thing a majority of Americans can agree on, it's that healthcare costs are too expensive and they want upfront pricing. HealthPocket, a free information source designed to help consumers find medical coverage today released results of a pulse survey which found that 85% of U.S. adults think that healthcare costs in…
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  • Quick… How Well Do Your Clients Understand Their Benefits?
    Quick… How Well Do Your Clients Understand Their Benefits?

    How slowing down can boost enrollment season satisfaction

    by Steven Johnson

    During a busy enrollment season benefits experts and their client’s employees can completely miss out on a satisfying enrollment experience. It’s understandable.
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  • Empower Institute Explores View of a Retirement System in ‘Crisis’
    Empower Institute Explores View of a Retirement System in ‘Crisis’

    Analysis of research and data shows today’s working Americans will likely have more money in retirement than previous generations

    Analysis of research and data shows today’s working Americans will likely have more money in retirement than previous generations October 31, 2019 — GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–American workers have greater access to workplace retirement plans than previous generations, they are saving more and are expected to have more money in retirement — all factors that…
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  • Higher Debt in U.S. Health Insurance Segment Recognizes Lower Interest Rates
    Higher Debt in U.S. Health Insurance Segment Recognizes Lower Interest Rates

    The aggregate debt-to-capital ratio rose to 43% by year-end 2018 from 33% in the first quarter of 2009

    Total debt obligations among U.S. publicly traded health insurance companies have grown considerably in the last decade, to $115.5 billion in 2018 from $24.8 billion in 2009, as carriers have been taking advantage of low interest rates to support their diversification and acquisition efforts, according to a new AM Best report.
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  • Employees Stressed Over Possibility Of 401(k) Loan Defaults
    Employees Stressed Over Possibility Of 401(k) Loan Defaults

    Loan leakage now seen as a critical retirement readiness, financial wellness, and fiduciary challenge

    While employees appreciate being able to take 401(k) loans in case of financial emergency—20 percent of all 401(k) participants currently have loans outstanding—the possibility of not being able to repay those loans is stressing employees out, according to a new independent study released today by Custodia Financial...
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  • Considerable Change Ahead for U.S. Health Insurers​
    Considerable Change Ahead for U.S. Health Insurers​

    Fitch: There is potential for meaningful disruption on the horizon

    While change in the U.S. healthcare system is nothing new for insurers, we see few indications that it will subside in the near future, said Brad Ellis, Senior Director, Fitch Ratings. As healthcare costs continue to increase at an unsustainable pace, the risk of disruption from regulation increases.
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  • Defining What Good Customer Experience Looks Like Is the First Step Toward Achieving It
    Defining What Good Customer Experience Looks Like Is the First Step Toward Achieving It

    We all know it when we see it...

    We all know good customer experience when we see it. For life insurance and annuity carriers, however, it is often hard to define and measure good customer experience.
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  • The Rise Of The Un-Retirees…
    The Rise Of The Un-Retirees…

    Majority of Americans Plan to Continue Working in Retirement

    Employees age 65 and older currently make up the fastest-growing segment of the American workforce. In fact, according to a new survey conducted by The Harris Poll on behalf of TD Ameritrade, the majority of Americans age 40 and older plan to continue working in a paid position after retiring.
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  • Equity Plan Participants Average Nearly $100,000 in Vested Stock; Less Than Half Have Ever Sold or Exercised Their Shares
    Equity Plan Participants Average Nearly $100,000 in Vested Stock; Less Than Half Have Ever Sold or Exercised Their Shares

    Schwab Study: It's worth considering the value of equity compensation in the context of your overall financial picture

    According to new research from Schwab Stock Plan Services, the average vested value of U.S. workers’ equity compensation is $97,711 and the average total value of their equity compensation is $149,835.
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  • More Than Half of U.S. Adults Say Financial Stress Negatively Affects Their Health & Work Performance
    More Than Half of U.S. Adults Say Financial Stress Negatively Affects Their Health & Work Performance

    Anxiety so deep that they're afraid to even look in their mailboxes

    Stressed about money? Consumers who are afraid to look in their mailbox and see another credit card bill or bank statement are not alone. New research from Lincoln Financial Group shows that over half of U.S. adults surveyed say financial stress negatively impacted their personal health and work performance in 2018.
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  • Asset Allocation in 401(k) Plans Found to Often Change Significantly When Rolled Over to IRAs
    Asset Allocation in 401(k) Plans Found to Often Change Significantly When Rolled Over to IRAs

    Despite considerable educational effort, participants are often 'lost' once assets are moved

    A new EBRI study suggests the asset allocation found in individual retirement accounts (IRAs) is often inconsistent with the asset allocation found in the 401(k) plans prior to rolling funds over into IRAs. The Issue Brief, “Comparing Asset Allocation Before and After a Rollover From 401(k) Plans to Individual Retirement Accounts,” finds that despite the…
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  • U.S. workers Gamble With Health Insurance Benefits
    U.S. workers Gamble With Health Insurance Benefits

    Half of workers will choose a high-deductible health plan, yet lack cash for out-of-pocket costs

    Nearly half (49%) of U.S. workers plan to enroll in a high-deductible health plan (HDHP) for the 2020 benefit season, according to employee benefits provider Unum (NYSE: UNM). However, 41% don’t plan on meeting their deductible in 2019 and 39% found it difficult to pay for out-of-pocket costs not covered by their health insurance, especially…
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