Water Consumption Update

[Water Consumption]

That causes project delays, poor customer service experiences, and, of course, lost revenue. That Bank of more info America study makes an interesting point. “Unfortunately, women continue to lag in financial wellness. Women are less likely to say they feel financially well.” In the study, 65% of men said they’ve got a handle on their personal finances, compared to only 43% of women. When you offer your employees a financial wellness program, you’re helping all of them — but especially your female employees. Good benefits recruit the best talent for your business — and benefits mean more than medical insurance. Believe it or not, a robust and proven financial wellness program can appeal to job candidates. Why? Precisely because it’s new and novel, so it stands out from the standard dental-and-vision discussions.  Here’s what employees told Bank of America they want: Advice from a professional, such as a financial advisor, planner or accountant  Developing financial skills and good financial habits Related: The Criticality to Ensure Employee Financial Wellness Beyond Salary Many firms that specialize in financial wellness charge thousands of dollars, but for that money, you can offer your employers access to certified credit counselors. But if you’re just dipping your toes into financial wellness, or you run a small but growing business and need to reinvest every dollar into your venture, you can get something for nothing. Many companies that help Americans get out of debt through credit counseling, education and other programs have packaged their services into modules that are tailored for employers that deal with the concerns mentioned above. The pandemic only heightens an urgency that existed beforehand.

https://www.entrepreneur.com/article/359411

He worries, as a physician, that these costs could discourage people from seeking health care. "I think this is going to create a new kind of culture of, 'I don't go to the doctor because I don't know what it's going to cost or I'm afraid it'll break the bank,' " he said. Liu cited two reasons he thinks people with private insurance aren't seeing better financial protection from huge expenses: high-deductible plans and unavoidable trips to out-of-network facilities such as emergency rooms. These situations can leave patients on the hook for high bills. "A lot of [employer] insurers are offering their employees high-deductible plans because health care is so expensive, and that's the way companies are able to stay afloat," Liu said. "Even if you reach your out-of-pocket max and you don't owe any more than that, that number alone may still represent more than 40% of your take-home income." The authors noted that while earlier research had shown benefits of the ACA in helping the lowest income and uninsured groups get health coverage, little was known about its impact on higher earners or people who had private insurance through employers or the individual marketplace. That group includes people still on the low end of the income spectrum who make too much to qualify for Medicaid or government subsidies (aka, tax credits), which were two fundamentals of the ACA. The researchers analyzed income, insurance coverage and spending data from a large sample of American adults. Low-income, privately insured people had the worst results in the analysis, seeing no benefit from the ACA: They had the highest rate of catastrophic health care spending before the law passed in 2010 and continued to have it in 2017: 35% compared with 8% for people on Medicaid. Dr.

https://www.npr.org/sections/health-shots/2020/11/12/934146128/despite-aca-coverage-gains-millions-still-suffer-catastrophic-health-care-costs