Don’t let medical bills break your employees’ retirement savings
A study by Willis Towers Watson shows employees want their employer to help them save for retirement.
A study by Willis Towers Watson shows employees want their employer to help them save for retirement.
Every delayed preventative screening, test or check-up can result in a failure to discover a serious medical condition that requires treatment. That raises treatment costs down the line for both company health plan and employee.
Employers can help employees prepare for and manage high healthcare costs related to COVID-19 as well as large medical bills related to other health conditions such as serious illness or accidents several ways.
The stress caused by high bills and medical debt can increase employees’ risk of a range of physical and mental health problems.
Rural residents are less likely to be covered by employer-sponsored plans and, therefore, more likely to face high deductibles than their urban counterparts.
More than $3.9 million was submitted in fake reimbursement claims.