Life insurance companies, as equity stakeholders in policyholders’ lives, have incentives to mitigate their health risks. I introduce a framework that enables life insurers to evaluate the financial viability of developing and implementing health engagement programs. By leveraging a proprietary big datab...
It seems workers are reacting to the stresses everyday life is presenting – in 2021, following the pandemic, health insurance was ranked highly, with just over half (51%) of respondents listing it in their top-five benefits, whereas this time, financial benefits have somewhat taken the lead...
Life insurance is an essential tool in protecting your family’s financial future. If something happens to you, life insurance provides a payout to your beneficiaries that can help them cover living expenses, pay off debts, or continue saving for goals like college tuition. Types of Life Insur...
While life insurance premiums are paid with after-tax dollars, investment earnings are not taxed, nor were withdrawals taken upon retirement as of 1999. While not as beneficial to retirement planning as pension plans, to which contributions can be made before taxes (and to which the employer ...
It may cost some people thousands of dollars to get checked out for the coronavirus. As a result, people with less financial means or terrible health insurance plans may not bother to seek medical treatment for illnesses. Therefore, more people will end up getting sick because some of these ...
Insurance is now compulsory in most industrialized countries, but the use of private insurance continues in a few countries (e.g., Denmark and Finland) and the majority of U.S. states, while some countries give the employer the right to choose between a public or private insurer. Work-...