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Health Promotion : High-compensated Staff Members Worry About Medical Costs.

Posted on : 19-10-2010 | By : Health Promotion | In : Health Promotion

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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.

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