Health costs are cyclical in nature. Per capita health spending goes up and down. The period from 2006 to 2010 saw modest increases between 6% and 3% – the longest period of moderation on record. This could be the effects of a weak economic recovery or, perhaps, growth in cost-sharing and high-deductible plans. Workers in a plan with a $1,000 deductible or more went from 18% in 2008 to 31% in 2011 and from 35% to 50% in smaller firms. Out-of-pocket spending has not gone up as a share of overall health spending, but it has gone up relative to wages. Could it be possible that the recession in combination with high-deductible health plans have caused people to use less health care?
A survey of advisors nationwide reveals how the use of ETFs is expanding and what factors are likely to further support this trend.
Your resource for news, research and analysis to help you deliver more effective outcomes to your clients.
ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.
Find out how you can get qualified and closable annuity leads.
Use this tool to help your clients understand more about Health Savings Accounts and the role they play in their financial future.
Find out how other advisors are using the booming housing market to grow their practice
Nov 02, 2017
Join this conversation as a panel of experts provides tips and best practices to optimize your tech resources for business growth.
Oct 25, 2017
Join this complimentary webcast to discover how to leave the impression that employee benefits is stodgy and sluggish in the past.
Sep 28, 2017
Women face unique retirement challenges. We can give you key considerations and strategies to help you optimize your female clients’ Social Security. In this webcast, you’ll...