Employee benefits documents One reason employees may prioritize health care decisions over retirement is that they don’t necessarily have a good understanding of the 401(k)s, (Photo: Shutterstock)

Despite the fact that the country is beset by a retirement crisis, with millions lacking enough assets to be able to retire without running out of money down the line, that’s not the top factor when workers consider the benefits offered as part of a job offer.

In fact, according to survey data from Lively, Inc., the question of health—and its effects on their financial well-being—is causing people to make many decisions that might not actually be in their best interests. Not only are workers more inclined to choose or remain in jobs based on health benefits rather than other factors (nearly 40 percent do so, while 76 percent rank health benefits in their top three priorities), they’re postponing care, to their detriment, as well as placing retirement lower down in their priorities.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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