"Financial institutions must document the reasons that a rollover recommendation is in the best interest of the retirement investor and provide that documentation to the retirement investor," says WTW report.
Fourteen percent of the adult population reporting to have experienced or are currently experiencing long COVID's debilitating symptoms. And surprisingly, it is younger adults who are more at risk over older populations.
"A significant portion of the growth in health care spending over time has purchased health improvements, which should change the way in which the increase in spending is interpreted."
Prior to taking a company to market, there are things can business owners do to make the process of responding to legal due diligence requests less painful.
"Individuals at all stages of their careers can benefit from educating themselves about the Social Security system and retirement planning and a trusted financial professional can help with that education," says Tina Ambrozy, senior vice president of Strategic Customer Solutions at Nationwide.
Companies are seeking higher premium increases, mostly due to rising prices paid to hospitals, doctors and drug companies, as well as increases use of services by enrollees.
Study finds that more than three-quarters of respondents couldn't identify the word coinsurance, and nearly half incorrectly defined copayment and deductible – and that's just the beginning of their confusion about the U.S. health insurance system.