Who worries more about health care costs – lower-compensated or higher compensated employees?
Answer – Both groups worry equally about their out-of-pocket medical costs, as reported by a PNC Services Group survey of 1,485 employees. Almost 52 percent of all respondents – regardless of income -cited the unpredictability of medical expenses as their No. 1 financial-planning concern.
Other common financial-planning fears that affect staff members of all salary levels –
• eldercare. Over half the respondents with kids were afraid their offspring can be forced to pay for the parents’ long-term care, and
• financial stability. 47 percent of mid- to high-salary employees said they were concerned about sustaining or increasing wealth.
Corporate Wellness Companies