Healthcare Provider Update: Healthcare Provider for Boston Properties Boston Properties, a prominent real estate investment trust, typically offers its employees a range of health insurance options through various providers. Among the main insurers likely to serve its workforce are UnitedHealthcare, Anthem, and Aetna, which already operate substantial networks in the regions where Boston Properties is active. Potential Healthcare Cost Increases in 2026 In 2026, Boston Properties employees can expect significant increases in healthcare costs, primarily driven by anticipated hikes in Affordable Care Act (ACA) marketplace premiums. With some states reporting increases of over 60%, the loss of enhanced federal premium subsidies is expected to adversely affect the majority of marketplace enrollees. This may result in out-of-pocket premium costs rising by as much as 75% for many individuals. Employees of Boston Properties should proactively assess their health insurance options and prepare for these potentially steep costs as they plan for their upcoming healthcare needs. Click here to learn more
It doesn’t take a degree in finance to see the cost of college continues to rise.
In its 2017 report, the College Board showed that public four-year institutions raised prices an average of 3.2% annually between the 2007-08 and 2017-18 school years. Put another way, a $5,000 education in 2007-08 would cost $6,851 in 2017-18.
For a few families, the lion’s share of education costs falls on parents and, in some cases, on grandparents. For our Boston Properties clients who are parents you may already know, generally, the majority of families rely on a combination of scholarships, grants, financial aid, part-time jobs, and parent support to help pay the cost.
For Boston Properties employees who have children approaching college age, a good first step is estimating the potential costs. The accompanying worksheet can help you get a better idea about the cost of a four-year college.
For Boston Properties employees who already put money away for college, the worksheet will take that amount into consideration. For Boston Properties employees who haven’t, it’s never too late to start.
Resources
There are a number of resources that can help individuals prepare for college. The U.S. government distributes certain information on colleges and costs. Here are two sites for these Boston Properties employees to consider reviewing:
www.studentaid.ed.gov
The government’s college and financial aid portal.
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www.collegeboard.org
The group that administers the SAT test.
Estimating the Cost of College
What type of retirement savings plan does Boston Properties offer to its employees?
Boston Properties offers a 401(k) retirement savings plan to its employees.
Does Boston Properties match employee contributions to the 401(k) plan?
Yes, Boston Properties provides a matching contribution to employee contributions made to the 401(k) plan, subject to certain limits.
What is the eligibility requirement for Boston Properties employees to participate in the 401(k) plan?
Employees of Boston Properties are generally eligible to participate in the 401(k) plan after completing a specified period of service.
Can Boston Properties employees choose how their 401(k) contributions are invested?
Yes, employees at Boston Properties can choose from a variety of investment options for their 401(k) contributions.
Is there a vesting schedule for the employer match in the Boston Properties 401(k) plan?
Yes, Boston Properties has a vesting schedule for employer matching contributions, which outlines how long employees must work to fully own those contributions.
What are the contribution limits for the Boston Properties 401(k) plan?
The contribution limits for the Boston Properties 401(k) plan align with the IRS limits, which may change annually.
Can Boston Properties employees take loans against their 401(k) savings?
Yes, Boston Properties allows employees to take loans against their 401(k) savings, subject to the plan’s terms and conditions.
How can Boston Properties employees access their 401(k) account information?
Employees can access their 401(k) account information through the designated online portal provided by Boston Properties’ plan administrator.
Does Boston Properties offer a Roth 401(k) option?
Yes, Boston Properties offers a Roth 401(k) option, allowing employees to make after-tax contributions.
What happens to a Boston Properties employee's 401(k) account if they leave the company?
If a Boston Properties employee leaves the company, they can choose to roll over their 401(k) account to another retirement account or leave it with Boston Properties, subject to the plan's rules.