Healthcare: Plan Participants Struggle with Cost Increases. Rising healthcare costs are placing an additional burden on the shoulders of employees. It is commonplace for a company’s employees to pay a significant portion of the cost associated with healthcare, healthcare insurance, and increased healthcare deductibles.
When healthcare costs increase at a pace where the expense cannot be offset by an employee’s compensation, the money for healthcare must come from another source. In many cases, these healthcare-related expenses are paid with dollars that are being “diverted” from participant contributions to their-own self-funded retirement plan.
Latest posts by Steff Chalk (see all)
- Financial Services Technology AI Can Help Improve Financial Wellness - July 21, 2019
- Aging Workforce Staying Beyond Retirement Age - July 18, 2019
- Financial Wellness Programs Impact Physical Health - July 17, 2019