Posted by Company Wellness | Posted in Company Wellness, Wellness Programs | Posted on 02-12-2010
Who worries more about medical costs – lower-paid or higher paid employees?
Answer – Both groups worry equally about their out-of-pocket health care costs, as reported by a PNC Services Group survey of 1,485 staff members. Almost 52 percent of all respondents – regardless of income -cited the unpredictability of health care 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 children were afraid their offspring could be forced to pay for the parents’ long-term care, and
• financial stability. 47% of mid- to high-salary staff members said they were concerned about sustaining or increasing wealth.