Healthcare Provider Update: Healthcare Provider for PulteGroup PulteGroup's healthcare benefits for employees are often structured through the PulteGroup 401(k) Savings Plan in conjunction with various health insurance plans, where specific healthcare providers can vary by region. As of 2025, PulteGroup employees typically access health coverage via national insurers which can include UnitedHealthcare, Anthem, and others that offer both group and individual market plans under the Affordable Care Act (ACA). Potential Healthcare Cost Increases in 2026 In 2026, PulteGroup employees may face significant increases in health insurance costs as the ACA marketplace braces for premium hikes that could exceed 60% in certain states. This surge is influenced by the potential expiration of enhanced federal premium subsidies, prompting a drastic rise in out-of-pocket expenses for nearly 92% of policyholders. Furthermore, rising healthcare costs, particularly for medical services and prescription drugs, are likely to exacerbate financial burdens on individuals and families in 2026. As these challenges loom, careful review of health plan options will be essential for employees seeking to mitigate the impact of escalating healthcare expenses., 'sources': [], 'images': [] Click here to learn more
'For PulteGroup employees, personal disability insurance is a vital financial protection that provides a stable source of income to replace lost earnings due to a disabling injury or illness, unless government programs are unavailable.'
'Given the recent changes in the government disability benefits, it is important for PulteGroup employees to purchase personal disability insurance to cover their needs in case of disability due to health problems.'
In this article we will discuss:
1. The need for personal disability insurance as an alternative to government benefits.
2. Workers' compensation and personal disability insurance: What are the differences?
3. The benefits of individualizing disability insurance coverage for the needs of each person.
As a PulteGroup employee, you should be aware that the Social Security Disability Insurance program paid out $143.7 billion in benefits in 2018. However, the number of applicants every year means that the fund is expected to be exhausted by 2034 unless the government acts. Instead of turning to the government's program to help them meet their financial needs during a disability, many people protect themselves with personal disability insurance.
Disability insurance helps by paying between 50% and 70% of your salary if you become disabled due to an injury or illness. Because disability can result in two forms of financial burden, this type of coverage may be very useful. Disabled people are usually unable to work and face other costs related to their condition.
What About Workers' Comp? Most people think that workers' compensation is a kind of disability insurance. However, workers' compensation is only available to workers who are disabled in the course of their employment. If your disability was caused by a car accident or other non-work related incident, you may not be eligible for workers' compensation. We would like to remind our PulteGroup clients that every state regulates its own workers' compensation laws and payments, which means that the availability of the coverage can be very different. Especially if you have a hazardous job, you may want to find out what your state offers and then make up for the shortage. Similarly, if any of our PulteGroup clients have an active pastime that may lead to disability, it may be wise to seek additional protection.
Private disability insurance can be purchased to pay weekly or monthly amounts during a period of disability. Provided you have paid up your premiums, the benefits are not taxable income. When buying a policy you may be able to adjust coverage to suit your needs. For example, you might be able to change the benefits or the elimination period. You may decide on general protection or decide to define coverage more specifically. Some policies also provide partial disability benefits, cost of living adjustments, residual benefits, death benefits, and pension benefits.
Because the purpose of insurance is to replace income, almost everyone decides to buy coverage only during their working years. Despite reforms being made to the federal disability programs, they usually provide only a small amount of money, and one must qualify for it. For the PulteGroup employees who do not want to depend on the government for funds in the case of an accident or illness, disability insurance can be a good way to secure their income and assets.
Out of Commission:
The unemployment rate of working-age disabled Americans is 19.6%. Chart Source: ACLI Life Insurers Fact Book 2018 Administration of Social Security, 2019 Policy coverage is written by participating insurance companies. Not all states offer all policy categories and product features. Any obligations are dependent on the insuring insurance company's ability to pay claims. This information is not intended to serve as tax or legal advice. It is prohibited from use to evade federal tax penalties. After-tax investment returns could be influenced by changes in federal and state laws and regulations. Contact a tax professional or an attorney for information that is applicable to your situation.
Added Fact:
According to the Harvard Business Review, the average length of a long term disability claim is 34.6 months. This means that if a PulteGroup employee was to get a disabling injury or illness, they could be out of work for over two and a half years without income. This is the reason why it is crucial to consider the need for personal disability insurance for PulteGroup employees to ensure that they are financially secure in the event of a disability. This way, they can have peace of mind knowing that they have a safety net to turn to in the event of a disability.
(Reference: Harvard Business Review, 'The Disability Disconnect: The Workers' Compensation System Fails to Protect All Workers,' March-April 2019)
Added Analogy:
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There is no protection for disability risks if one has no financial preparation. It is, therefore, not recommended to walk the tightrope without a safety net. As PulteGroup employees, you have strived to achieve financial freedom but a disability can undo all your efforts. As a tightrope walker, the safety net gives him confidence and security, personal disability insurance gives financial security. It guarantees that if you are unable to work due to a disability, you will not be left financially vulnerable. Disability insurance provides support, which means that it helps you by paying you a certain amount of money to help you sustain your financial status. It is therefore important to take disability insurance to ensure that in case you are unable to work due to an injury or illness, your financial future is secure.
Sources:
1. Social Security Administration. Annual Statistical Report on the Social Security Disability Insurance Program, 2018 . Social Security Administration, 2019, www.ssa.gov/policy/docs/statcomps/di_asr/2018/di_asr18.pdf .
2. Fort Pitt Capital Group. 'Should You Carry Disability Insurance Beyond Age 65?' Fort Pitt Capital Group , 24 Sept. 2020, www.fortpittcapital.com/blog/disability-insurance-in-retirement .
3. Special Needs Alliance. 'An Introduction to Private Disability Insurance.' Special Needs Alliance , 2021, www.specialneedsalliance.org/the-voice/private-disability-insurance-2 .
4. Guardian Life. 'Long Term Disability Insurance vs. Social Security.' Guardian Life , 2021, www.guardianlife.com/disability-insurance/long-term/vs-social-security .
5. MassMutual. 'Disability Income Insurance Policies for Individuals.' MassMutual , 2021, www.massmutual.com/insurance/disability-income-insurance .
What is the PulteGroup 401(k) Savings Plan?
The PulteGroup 401(k) Savings Plan is a retirement savings plan that allows employees to save a portion of their salary on a tax-deferred basis.
How can I enroll in the PulteGroup 401(k) Savings Plan?
Employees can enroll in the PulteGroup 401(k) Savings Plan through the company’s benefits portal or by contacting the HR department for assistance.
What is the employer match for the PulteGroup 401(k) Savings Plan?
PulteGroup offers a matching contribution to the 401(k) Savings Plan, which typically matches a percentage of employee contributions up to a certain limit.
At what age can I start contributing to the PulteGroup 401(k) Savings Plan?
Employees can start contributing to the PulteGroup 401(k) Savings Plan as soon as they meet the eligibility requirements, usually upon hire.
How much can I contribute to the PulteGroup 401(k) Savings Plan each year?
The contribution limits for the PulteGroup 401(k) Savings Plan are in line with IRS guidelines, which may change annually. Employees should check the latest limits for the current year.
Does PulteGroup offer any investment options within the 401(k) Savings Plan?
Yes, the PulteGroup 401(k) Savings Plan offers a variety of investment options, including mutual funds and target-date funds, to help employees grow their savings.
Can I take a loan from my PulteGroup 401(k) Savings Plan?
Yes, PulteGroup allows employees to take loans from their 401(k) Savings Plan, subject to certain terms and conditions.
What happens to my PulteGroup 401(k) Savings Plan if I leave the company?
If you leave PulteGroup, you have several options for your 401(k) Savings Plan, including rolling it over to an IRA or another employer's plan, or cashing it out (though this may incur taxes and penalties).
How often can I change my contributions to the PulteGroup 401(k) Savings Plan?
Employees can typically change their contribution amounts to the PulteGroup 401(k) Savings Plan at any time, subject to the plan's specific rules.
Are there any fees associated with the PulteGroup 401(k) Savings Plan?
Yes, like most 401(k) plans, the PulteGroup 401(k) Savings Plan may have administrative fees and investment-related fees. Employees should review the plan documents for details.