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>NEW YORK, March 17 /PRNewswire/ — The past five years have witnessed a 165% growth rate in the proportion of employees that use some combination of Web-based technology to enroll in their benefits, thus reducing the high volume of paper used during the benefits enrollment season according to a new study from The Guardian Life Insurance Company of America (Guardian). The study, Benefits & Behavior: Spotlight on Technology and Enrollment sheds light on a larger trend of technology and Internet usage contributing to paper reduction and operating efficiencies in the workplace. Full Article…
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>NEW YORK — Insurer Prudential Financial Inc. spent $2.1 million during the fourth quarter to lobby the government on insurance and financial regulation reform.
The $2.1 million Prudential spent during the final three months of 2009 is 20 percent more than the $1.7 million the company spent during the same quarter a year earlier _ when the credit and financial crisis peaked.
The government launched a $700 billion financial rescue program at the end of 2008. Prudential was approved to participate and could have accessed billions of dollars in government money, but turned down the offer.
Most life insurance companies in Canada will provide life insurance to permanent residents or landed immigrants, but the following criteria will generally need to be met:
1. The applicant needs to be either a Canadian citizen, or have a permanent residence card. If the applicant has not received the permanent residence card, most insurers will require a letter of acceptance.
2.
>Mar. 17–In Tennessee, and elsewhere in the country, the middle class is being hardest hit when it comes to health insurance coverage.
So says a report from the Robert Wood Johnson Foundation. Released today to coincide with “Cover the Uninsured Week,” “Barely Hanging On: Middle Class and Uninsured” takes a state-by-state look at a situation that’s worsened in the current economy, which has made it harder both for people to afford health insurance and for employers to afford to offer it.
Between 2000-2008, most states saw increased numbers of uninsured residents, higher costs for health insurance policies and significant decreases in the number of companies offering private coverage.
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>Mar. 17–Maria Palacios, 55, has reached a point in her life strong and has entered its 50s with a shift in priorities.
Most are married, working, and in their peak earning years. Yet, they are looking at work/life balance from a different perspective: focusing less on career and earning money and more on family and personal well-being, new research from MetLife shows.
“They are trying to find meaning and purpose in their lives,” said Sandra Timmermann, director of the MetLife Mature Market Institute.
For Middle Boomers, focus on family stems from circumstance and makes them distinctive. They are not yet empty-nesters like the older boomers.