NYC Media Briefing Advisory “Health vs. Wealth: Are Employees Making the
Right Benefits Choices?”
A panel of experts from Prudential, the Employee Benefit Research Institute,
and the American Benefits Council, discuss new benefits research and trends,
as well as risks and choices faced by Americans preparing for open enrollment
-- November 19, 2012
As healthcare costs continue to rise and greater financial burden
and choice is placed on employees, it is unsurprising that the vast
majority focus their efforts on healthcare decisions as opposed to
WHAT: other important protection products. Yet, with 70 percent of people
in the mass market living paycheck to paycheck, and nearly 25
percent of Americans likely to experience a prolonged disability,
many are grappling with bigger gaps in coverage and protection than
they realize; and are exposing themselves to financial ruin.
With the open enrollment season underway, how can workers close
these gaps and ensure they have the right financial protection? How
can employees keep pace as companies place increased insurance
responsibility on the individual? How can they prepare for life
altering events that may prevent them working?
Stephen Pelletier, president of Prudential Group Insurance, will
WHO: discuss emerging trends including the shift toward year-round
benefits selection, the impact of the aging workforce, as well as
opportunities for small businesses to help close the gap.
James Gemus, senior vice president of voluntary products,
Prudential Group Insurance, will explore the benefits solutions
available to working Americans, how workers should approach
prioritizing medical and other insurance coverages, the need to
refocus agents on servicing the broader needs of the mass market,
and will share strategies on how to protect assets for both short-
and long-term goals.
Dallas Salisbury, president of the Employee Benefit Research
Institute, will highlight survey results on the value of benefits,
individual preferences and choices, and the tradeoffs workers say
they are making today as they seek to protect themselves against
current and future financial security risks through voluntary
benefits. Salisbury will also discuss the possible consequences and
role of newly forming insurance "exchanges" in the future of
Jim Klein, president for American Benefits Council, will address
the impact of deficit reduction and tax reforms on employer
sponsored plans and the resulting increased value of voluntary
benefits, as well as the prevalent view of healthcare coverage as a
commodity offering driving the creative use of voluntary and
retirement benefits as talent acquisition tools.
Additional Prudential Group Insurance subject matter experts
including Vishal Jain, vice president of strategic initiatives,
will also be on hand to speak with journalists after the panel
WHEN: 10:00 a.m. to 12:00 noon, November 19, 2012
WHERE: The Lambs Club of New York located at 132 West 44^th Street
(Between 6^th and Broadway)
For more information and to RSVP, contact (973) 802-7892.
Sheila Bridgeforth, 973-802-6852
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