Picwell Blog

Picwell Insights: The Role of “Capacity to Pay” in Employee Benefits Decisions

Sep 22, 2022 8:15:00 AM / by Picwell posted in Benefits Decision Support, Health Insurance, employee benefits, health savings account, empower wise choices,, voluntary benefits, risk aversion

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Every year, the Federal Reserve conducts a study on the financial health of American households, and one of the most frequently cited statistics from this study comes from the following question:

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Picwell Insights: How Risk Aversion Impacts Benefits Decisions (Part 2)

Sep 21, 2022 8:45:00 AM / by Picwell posted in Open Enrollment, employee benefits, benefits professionals, empower wise choices,, virtual open enrollment, risk aversion

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In our last blog post, we explored the idea of risk aversion, including what it is and how it affects benefits decisions. We reviewed different levels of risk aversion and how those variations impact the way employees think about their health care benefits. Now it’s time to dig even deeper and find answers to questions like,

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