Credit unions struggle with rising healthcare costs

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Small CUs in particular find it difficult to provide group insurance.by: Craig SauerRising health-care costs are taking a toll on the ability of some credit unions—particularly smaller organizations—to provide group health insurance, CUNA’s E-Scan reports.The overall prevalence of some other major benefits also declined slightly, according to CUNA’s 2014-2015 Staff Benefits Report.“Generally speaking, modest declines for various benefits are more apt to be found among credit unions with less than $100 million in assets than among their larger counterparts,” the report says.Here’s a breakdown of the benefits credit unions overall offer their employees:• Wellness: 15% offer programs to encourage good health practices.• Health care: 79% offer some form of group health insurance.• Retirement: 87% offer some form of retirement plan.• Paid leave: 97% offer paid leave. continue reading »last_img read more

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