Employees are more stressed about health care costs than ever. Here’s how to help.

BenefitsPRO August 7, 2019
David Vivero

Financial wellness programs are doing little to help employees with the biggest cause of their financial stress.

Rather than approaching their workforce with a one-size-fits-all benefits package, employers must take a more thoughtful approach to crafting financial wellness programs that align with employees’ actual needs. (Photo: Getty)

With low unemployment and wages growing nationwide, today’s economy is strong and vibrant. Despite this, the results of PwC’s 8th annual Employee Financial Wellness Survey are less than encouraging. According to the data, the workforce of today is more stressed about their finances than ever before, and workplace financial wellness programs aren’t helping.

Soaring health care costs were top of mind for many respondents. Nearly three-quarters (73 percent) of millennial workers and 70...

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