Guardian Survey: Employees Are Confused About Their Health Coverage and Have No Plans for Healthcare in ...( Women Find Paying for Health...),Health

Women Find Paying for Healthcare More Challenging than Men

Employees Hold Large Companies to a Higher Standard with Regard to

Mandatory Healthcare Benefits

NEW YORK, May 15 /PRNewswire-USNewswire/ -- According to a recent Guardian survey, women (58%) were more likely than men (47%) to find paying for healthcare premiums and out of pocket costs a challenge. But women (51%) are more likely than men (42%) to have done some retirement healthcare planning.

Gender seems to play a role in the perceptions about paying for healthcare, but employees of both sexes generally do not understand their healthcare coverage. Education and region are also factors that play a role in viewpoints about paying for and understanding healthcare.

The Guardian Life Insurance Company of America, a leading provider of employee and voluntary benefits, including group medical plans conducted the survey, Benefits & Behavior: Spotlight on Group Medical to gain insight about consumer viewpoints on health, wellness and medical insurance. This second segment of the study focused on consumer knowledge of health insurance fundamentals and perceptions about the cost of care. The first part of the study, released earlier this year, focused on consumer views about wellness.

Making Dollars and Sense of Healthcare

-- Two-thirds of the employees surveyed said that healthcare plans in

general and healthcare coverage and benefits are difficult to

understand.

-- 65% of respondents without a college education said their healthcare

expenses were a substantial or great challenge compared to 40% of those

with a college degree.

-- More than 1 in 5 respondents did not fill a prescription because of the

cost involved.

-- Less than 50% of Boomers are currently planning or believe they are

fully prepared financially for their healthcare in retirement.

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