Salient to Investors: More than half of US adults are single versus 37% in 1976. Singles need bigger emergency funds more insurance protection. Couples who wait to have kids in their 30s end up with three big financial burdens all at once: retirement planning, saving for a house and saving for college.
READ MORE... →Salient to Investors: America’s biggest employers are increasingly moving retirees to insurance exchanges where they select their own health plans, a historic shift that could push more costs onto US taxpayers. Towers Watson said 44% of companies plan to stop administering health plans for their former workers over the next
READ MORE... →Salient to Investors: Larry Levitt at the Kaiser Family Foundation said for the most part insurers are finding the market for Obamacare attractive and are pricing accordingly. Levitt said it is surprising how inexpensive some of the Bronze plans will be: they carry high deductibles and significant out-of-pocket costs, but for
READ MORE... →Salient to Investors: Evan Soltas writes: The delay until 2015 of the enforcement of the employer mandate to provide insurance to employees may create stress on the implementation of the individual insurance exchanges and the individual coverage mandate. Employers should not sponsor insurance as it masks the true cost of care
READ MORE... →Salient to Investors: The vast majority of older Americans face steep and rising health-care costs that threaten to bankrupt them and are doing little to protect themselves. Only 1 in 5 companies with at least 10 employees offers long-term care insurance. Medicare doesn’t cover long-term care. Millions face spending themselves into
READ MORE... →Salient to Investors: Aon Hewitt report consumer-directed health coverage were offered by 58% of employers in 2011 versus 41% in 2010. 19% of large employers surveyed by the National Business Group on Health said consumer-directed plans would be the only option they offered for 2013. For healthy people, consumer-directed plans can
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