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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Welltower Employees: How Your Credit Score Influences Your Insurance Premiums

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Healthcare Provider Update: Healthcare Provider for Welltower Welltower Inc., a leading provider in the healthcare real estate sector, partners with various healthcare service providers, including senior housing operators, post-acute care facilities, and health systems. The company focuses on investing in properties that accommodate the healthcare needs of an aging population, ensuring that it collaborates effectively with top-tier operators to enhance care quality and access. Potential Healthcare Cost Increases in 2026 As 2026 approaches, health insurance premiums, particularly those tied to the Affordable Care Act (ACA), are projected to surge dramatically, potentially rising by 75% for many enrollees. Factors contributing to this steep escalation include the expiration of enhanced federal premium subsidies and escalating medical costs, with certain states experiencing increases exceeding 60%. For Welltower employees and retirees utilizing ACA coverage, these looming hikes necessitate strategic financial planning to mitigate the impact on personal budgets and healthcare access in the coming year. Click here to learn more

As an employee of Welltower you may find it interesting to know, one landmark study found that credit-based insurance scores are used by about 95 percent of all auto and home insurers in calculating the cost of insurance to individuals.

While the vast majority of insurance companies use credit-based insurance scores to help determine the price of insurance, it is banned in the states of Massachusetts, Hawaii, and California. Some states only allow it as a factor for property insurance like auto and homeowners insurance. Other states allow it to be used with any type of insurance.

Several Factors


Generally, an insurance company will use a credit-based insurance score as just one factor in its underwriting process. We'd also like to remind our Welltower clients that other factors may be considered, depending on the type of insurance. For example, with auto insurance, other factors could include your zip code, the age of the drivers, the make, model and age of the car, and the number of miles you drive annually.

The use of credit scores to determine insurance rates is rooted in research that has shown individuals with lower credit scores had higher car insurance losses and higher claims payouts.


You can ask your insurance company if a credit-based insurance score was used to underwrite and rate your policy, and in which risk category you were placed.

For Welltower employees who want to improve their credit-based insurance score, you should consider taking the same steps you would to improve your credit rating: make timely debt payments, clear up past disputes and keep credit card balances low.

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1. Predictive Analytics: Achieving Greater Decision Accuracy, Better Risk Segmentation, and Greater Profitability, Fair Isaac Corporation, 2012 (most recent statistics available).

What type of retirement savings plan does Welltower offer to its employees?

Welltower offers a 401(k) retirement savings plan to help employees save for their future.

Does Welltower provide any matching contributions to the 401(k) plan?

Yes, Welltower provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

How can employees enroll in Welltower's 401(k) plan?

Employees can enroll in Welltower's 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

What are the eligibility requirements to participate in Welltower's 401(k) plan?

Employees must meet certain eligibility requirements, such as age and length of service, to participate in Welltower's 401(k) plan.

Can Welltower employees make changes to their 401(k) contributions?

Yes, Welltower employees can change their 401(k) contribution amounts at any time, subject to plan rules.

What investment options are available in Welltower's 401(k) plan?

Welltower's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Does Welltower allow employees to take loans against their 401(k) savings?

Yes, Welltower allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan.

What is the vesting schedule for Welltower's 401(k) matching contributions?

Welltower has a vesting schedule for matching contributions, which means employees must work for a certain period to fully own those contributions.

How often can Welltower employees review their 401(k) account statements?

Welltower employees can review their 401(k) account statements quarterly, providing them with regular updates on their retirement savings.

Is there a way for Welltower employees to access financial advice regarding their 401(k) plan?

Yes, Welltower provides access to financial advisors who can help employees make informed decisions about their 401(k) investments.

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For more information you can reach the plan administrator for Welltower at , ; or by calling them at .

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