Concern over out-of-pocket costs may be driving employee decisions around medical care that could have catastrophic consequences in terms of people's health and finances. (Photo: Shutterstock)

Today's current economic environment is stressful. The International Monetary Fund is predicting a worldwide recession that could come in 2023, inflation remains high and labor remains in tight supply. A new 2022 Pulse Report: Current Market Impacts on Benefits Decisions, from Elevate says that employees are making poor decisions because of financial stress that could harm their physical, emotional and financial welfare.

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