SPRING 2007
As with other catastrophes, business planning for a pandemic is essential.
Companies with 401(k) plans are being criticized for the fee structures embedded in plan administration.
Some combination of solutions will likely be needed as decision-makers attempt to address the huge shortfalls in their retiree healthcare programs.
"Pandemic influenza would dramatically increase medical costs, but the greatest effect on most businesses will be lost productivity."
Excerpt from "Sick days: A human capital perspective on pandemic influenza."
Workers should view their retirement plans not as a stationary stool, but as a boat they can pilot into retirement.
The pressures created by skyrocketing healthcare costs make value-based insurance design a timely opportunity.
