Nevin's Data "Points"

As we close out 2012, and embark upon a new set of challenges in 2013, this week’s EBRIef offers a roundup of our 2012 research.  Best wishes for a Happy and Prosperous New Year! Share EBRIef with your friends and colleagues – and let them know they can sign up for their own copy HERE What’s New(s) – Health & Workforce “Findings from the 2012 EBRI/MGA Consumer Engagement in Health Care Survey”  MORE . "Views on Employment-Based Health Benefits: Findings from the 2012 Health Confidence Survey"   MORE.  “Self-Insured Health Plans: State Variation and Recent Trends by Firm Size”  MORE . 'Savings Needed for Health Expenses for People Eligible for Medicare: Some Rare Good News,' and 'IRA Asset Allocation, 2010'   MORE . Employment-Based Retiree Health Benefits: Trends in Access and Coverage, 1997-2010”   MORE.  “Sources of Health Insurance and Characteristics of the Uninsured: Analysis of the March 2...

Years ago ― when my kids were still kids ― we discovered an ingenious Web site 1 that purported to offer a real-time assessment of your “naughty or nice” status.   As parents, we rarely invoked the name of Santa to encourage good behavior, and for the very most part our children didn’t require much “redirection.” But no tone of voice or physical threat ever had the impact of that Web site ― if not on their behaviors (they were kids, after all), then certainly on the level of their concern about the consequences. In fact, in one of his final years as a “believer,” my son (who, it must be acknowledged, had been PARTICULARLY naughty that December) was on the verge of tears, worried that he’d find nothing under the Christmas tree but the coal and the bundle of switches he surely deserved.   One could argue that many participants still act as though some kind of benevolent elf will drop down their chimney with a bag full of cold cash from the North Pole, that somehow, ...

Sooner or later, at just about every retirement plan conference, you’ll hear someone—and generally more than just one someone—cite the statistic that “only about half of working Americans are covered by a workplace retirement plan.” It’s a data point that is widely and openly presented as fact—not only by those inclined to dismiss the current system as inadequate (or worse), but even by some of its most ardent champions, who see it as a call to action for expanded access to these programs. It’s drawn from the U.S. Census Bureau’s March 2012 Current Population Survey (CPS).(1) But does it tell the full story? A recent EBRI Issue Brief notes that in 2011, 78.5 million workers worked for an employer/union that did not sponsor a retirement plan. Looking specifically at those who did not work for an employer that sponsored a plan, the report notes that: 8.9 million were self-employed (and were thus barred from having a plan by their own inaction). 6.2 million were under the age of 2...

On December 13, EBRI will hold its 71st biannual policy forum, “’Post’ Script: What’s Next for Employment-Based Health Benefits?” It is a question that has been on the mind of employers, lawmakers and policymakers alike for some time now. It predates the time that the structure for the Patient Protection and Affordable Care Act (PPACA) was put in place, has evolved, but not been resolved, as regulations were, and continue to be issued subsequent to its passage. It has remained on the minds of employers, providers, and policymakers following the various courts’ assessment of the various challenges to the constitutionality of the law, and even as the nation went to the polls last month. Today we know more than we once did about certain aspects of the law, its provisions and applications.¹And yet there is much yet to know about its broader implementation: How the insurance exchanges might work,² for example, or how their presence might affect or influence cost, access, or employer pla...

A recent EBRI Issue Brief examined trends in employment-based retirement plan participation, noting that in 2011, the percentage of all workers participating in an employment-based retirement plan was essentially unchanged from the year before. More specifically, the percentage of all workers (including part-time and self-employed) participating in an employment-based retirement plan¹ stood at 39.7 percent in 2011, compared with 39.8 percent in 2010.² At the same time, the percentage of full-time, full-year wage and salary workers ages 21–64 (those most likely to be offered a retirement plan at work) saw a slight decline, slipping from 54.5 percent in 2010 to 53.7 percent in 2011. While those movements were very small, the increase in the number of workers participating in 2011 halted a three-year decline. Moreover, it’s not as though this gauge has shown a steady trend, even in recent history. When you take into account all workers, the percentage participating in an employment-bas...