1 Bloomberg News, "Rising Health-Insurance Costs Are Eating Into Employees' Paycheck Gains," Sept. 19, 2017.
2 EBRI/Greenwald & Associates Health and Workplace Benefits Survey, January 2018.
3 Fidelity Investments Total Well-Being Research, an online survey of 9,315 active Fidelity 401(k) and 403(b) participants from across the United States. The survey was conducted by Greenwald and Associates, an independent third-party research firm, on behalf of Fidelity in September 2017.
4 Fidelity Investments 2015 Decision to Retire Research. This research represents insight from a series of in-depth interviews conducted in Boston, Chicago, and San Francisco (April 2015), and an online survey of more than 12,000 defined contribution plan participants recordkept by Fidelity (August 2015), ranging in age from 55 - 80 across all industries and income levels, who felt they had some control over their decision to retire. The survey was conducted by Greenwald & Associates, Inc., an independent third-party research firm. Research provided by Strategic Advisers Inc., a registered investment adviser and Fidelity Investments Company.
5 Fidelity Investments Retirement Savings Assessment Survey, a national online survey of 3,182 working households earning at least $20,000 annually with respondents age 25 to 74, from September 14 through October 3, 2017. All respondents expect to retire at some point and have already started saving for retirement. Data collection was completed by GfK Public Affairs and Corporate Communication using GfK's KnowledgePanel®, a nationally representative online panel.
6 Estimate based on a hypothetical couple retiring in 2019, 65-years-old, with life expectancies that align with Society of Actuaries' RP-2014 Healthy Annuitant rates with Mortality Improvements Scale MP-2016. Actual assets needed may be more or less depending on actual health status, area of residence, and longevity. Estimate is net of taxes. The Fidelity Retiree Health Care Costs Estimate assumes individuals do not have employer-provided retiree health care coverage, but do qualify for the federal government's insurance program, Original Medicare. The calculation takes into account cost-sharing provisions (such as deductibles and coinsurance) associated with Medicare Part A and Part B (inpatient and outpatient medical insurance). It also considers Medicare Part D (prescription drug coverage) premiums and out-of-pocket costs, as well as certain services excluded by Original Medicare. The estimate does not include other health-related expenses, such as over-the-counter medications, most dental services and long-term care.
7 Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 1999 - 2017; KPMG Survey of Employer-Sponsored Health Benefits, 1991, 1993, 1995, 1998; Health Insurance Association of America (HIAA), 1988
8 Fidelity Investments' survey on Bridging the Gap to Medicare. The online survey was conducted among a random sample of 1,003 adults between the ages of 50 - 64 who had retired in the past three years. The survey was fielded in November of 2017 by Greenwald and Associates Inc., an independent third-party research firm. The results of this survey may not be representative of all adults meeting the same criteria as those surveyed for this study.
9 Ninth Annual Joint National Business Group on Health/Fidelity Investments Health Improvement and Well-Being Survey, March 2018. The National Business Group on Health and Fidelity Investments are independent entities and are not legally affiliated.
10 The National Business Group on Health® Large Employers' 2018 Health Care Strategy and Plan Design Survey was conducted between May and June 2017. A total of 148 large employers participated in the survey. Collectively, respondents represent a wide range of industry sectors and offer coverage to more than 15 million employees and their dependents. Two-thirds of respondents belong to the Fortune 500 and/or the Global Fortune 500, and 42 belong to the Fortune 100.
11 Aon Hewitt 2017 Retiree Health Care Survey.
12 Source Mark Farrah Associates, Health care business strategy, "Medicare Advantage Plans Cover Over 21 Million Seniors as of February 2018," 3/19/2018 and "Medicare Advantage Plans Cover 15 Million," 12/20/2013 13 Kaiser/HRET Survey of Employer - Sponsored Health Benefits, 2017.
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