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Workers Fixated On Retirement, Not Health Care

MANAGED CARE January 1999. © MediMedia USA
News and Commentary

Workers Fixated On Retirement, Not Health Care

MANAGED CARE January 1999. ©1999 Stezzi Communications

A Deloitte & Touche study has added fuel to an argument the health insurance industry has advanced of late: When stacked against other issues, health care barely rates a yawn.

The survey, conducted in conjunction with the International Society of Certified Employee Benefit Specialists, suggests that retirement planning is a far more pressing issue than health care for workers and corporate benefits administrators alike. For the first time in the five-year history of the survey, health or health care did not even show up as a top concern of benefits administrators — despite the prospect of rising health premiums. A Deloitte & Touche partner chalks up the phenomenon to baby boomers' collective realization that retirement isn't far off.