Healthcare Provider Update: Healthcare Provider for TransUnion TransUnion utilizes various healthcare providers for its employee health benefits, but specific details about the primary provider may vary by state and plan. Typically, large corporations like TransUnion partner with recognized insurance carriers to offer comprehensive health coverage, which often includes options from major players in the industry. Potential Healthcare Cost Increases in 2026 As we look ahead to 2026, healthcare costs are expected to rise significantly, creating challenges for both employers and employees at TransUnion. Experts predict that heightened medical expenses combined with the expiration of enhanced federal subsidies could lead to skyrocketing premiums in the Affordable Care Act marketplace, with some shareholders experiencing increases exceeding 60%. This situation may compel employers to reconsider how they manage health benefits, potentially requiring workers to shoulder a larger share of medical expenses, thereby affecting household budgets and overall healthcare affordability for many. Click here to learn more
Renters sometimes overlook the need for insurance based on the belief that they may not have a significant amount of personal possessions, or because the property is already insured by the owner.
TransUnion employees must note how while it is true that a rental property is insured by the owner, the destruction or loss of your personal belongings is not. But, that’s not the only risk renters need to worry about.
The typical renter’s insurance policy can cover your possessions against losses arising from fire, smoke, lightning, theft, vandalism, explosion, wind storm and water damage (excluding floods).
If you are employed at TransUnion, even if you don’t believe that the value of your personal possessions warrants insurance protection (though you may think differently after an inventory of their value), renter’s insurance covers other potential risks that can adversely impact your finances.
TransUnion employees must note that renter’s insurance is designed to cover damages and costs in the event that visitors are injured in your apartment or elsewhere by you, your pet, or a family member living with you. This includes any legal defense expenses if you are taken to court.
A renter’s policy may also cover additional living expenses should you be unable to live in your apartment due to a covered peril, such as fire, though the policy may set limits on how much you will be reimbursed.
TransUnion employees should make sure to know whether a policy insures for actual cash value (pays to replace your possessions after reducing for depreciation) or for replacement cost (which pays the actual cost of replacing items, up to policy limits). In most cases, replacement cost coverage is the smarter option.
If you are employed at TransUnion and have any possessions of particularly high value such as art or jewelry, you may want to add a floater to the standard renter’s insurance policy.
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If you are living with a roommate or domestic partner, you should inquire how the policy is expected to cover both parties as state regulations and insurance policies may vary.
Renter’s insurance is usually quite inexpensive, so if you are unsure whether to purchase a renter’s policy, talk to an insurance agent and obtain a quote. The low cost of protection may make a smart decision easier.
What is the primary purpose of TransUnion's 401(k) Savings Plan?
The primary purpose of TransUnion's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax or after-tax basis.
How can TransUnion employees enroll in the 401(k) Savings Plan?
TransUnion employees can enroll in the 401(k) Savings Plan by completing the online enrollment process through the company's benefits portal during the enrollment period.
Does TransUnion offer a company match for contributions made to the 401(k) Savings Plan?
Yes, TransUnion offers a company match for employee contributions to the 401(k) Savings Plan, helping employees maximize their retirement savings.
What are the eligibility requirements for TransUnion's 401(k) Savings Plan?
To be eligible for TransUnion's 401(k) Savings Plan, employees must be at least 21 years old and have completed a specified period of service with the company.
What types of investment options are available in TransUnion's 401(k) Savings Plan?
TransUnion's 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.
Can TransUnion employees take loans against their 401(k) Savings Plan balance?
Yes, TransUnion allows employees to take loans against their 401(k) Savings Plan balance, subject to certain terms and conditions.
How often can TransUnion employees change their contribution amounts to the 401(k) Savings Plan?
TransUnion employees can change their contribution amounts to the 401(k) Savings Plan at any time, allowing for flexibility in their savings strategy.
What happens to TransUnion employees' 401(k) Savings Plan accounts if they leave the company?
If TransUnion employees leave the company, they have several options regarding their 401(k) Savings Plan accounts, including rolling over the balance to another retirement account or withdrawing the funds.
Are there any fees associated with TransUnion's 401(k) Savings Plan?
Yes, TransUnion's 401(k) Savings Plan may have administrative fees and investment-related expenses, which are disclosed in the plan documents.
How does TransUnion ensure employees are informed about their 401(k) Savings Plan options?
TransUnion provides employees with educational resources, workshops, and access to financial advisors to help them understand their 401(k) Savings Plan options.