Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
AimPoint Pension
|
Compass
|
Bates & Company, Inc.
|
Regional Vice President of Sales The Retirement Plan Company
|
Loan & Distribution Specialist AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Health Behaviors and Health Care Costs in the Multigenerational Workforce (PDF)
The Sloan Center on Aging & Work at Boston College July 20, 2009 2 pages. Excerpt: According to analysis of data from the UnumProvident Disability Database (2005), 'medical costs are reported to rise at an estimated 25% from age 40 to 50 and 35% from age 50 to 60. Age is less a factor in health care costs than the presence of such risk factors as smoking, obesity, lack of exercise, and diabetes.' 'Health risk factors [such as smoking, obesity, uncontrolled blood pressure, etc.], double and triple the healthcare cost of the older worker. For example, the health cost differential between the low-risk 40 and 50 year old and the high-risk 40 and 50 year old is 3.0 and 2.8 times higher respectively. The health costs for the 60 year old with low risk is an estimated 2.4 times lower than the health risk for the high-risk 60 year old.' |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |