Millennials are not the only generation to prioritize cost in considering workplace health benefits.
In Xerox’s 2016 HealthCare Attitudes Survey, nearly 60 percent of Generation Xers said that, come enrollment season, cost is their top concern. That’s roughly equal to the percentage of millennials who said the same.
More than any other generation, Gen Xers overwhelmingly said they were likely to shop around for carriers and health care providers. And nearly half of Gen Xers said they have delayed treatment to avoid out-of-pocket costs – a percentage nearly equal to younger millennials, who tend to earn less money and carry a higher debt-to-income ratio.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
