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Article: Survey: 54 percent women face challenges in choosing health benefits.
- Article from:
- Fairfield County Business Journal
- Article date:
- October 18, 2004
CopyrightCOPYRIGHT 2004 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to a new national survey on health benefits literacy, more than one-half of women say they face challenges when choosing a health plan, and more than one-third do not consider themselves knowledgeable about their health benefits.
On a scale of importance, 63 percent of women said their health insurance plan is a very important element of insuring their future financial well-being, above 401(k) plans or IRAs (55 percent) and life insurance (51 percent), yet a significant number of women admitted that they currently spend more time researching vacations (43 percent) or buying a car (51 percent) than they do choosing their health benefits options.
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