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

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Asbury Automotive Group Employees: Discover Which States Offer the Best Environment for a Stress-Free Retirement!

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Healthcare Provider Update: Asbury Automotive Group Healthcare Provider Information Asbury Automotive Group primarily utilizes Aetna as its healthcare provider for employee health benefits. Healthcare Cost Increases in 2026 With the landscape of healthcare evolving, Asbury Automotive Group employees and retirees are poised to face significant challenges as healthcare costs surge in 2026. Projections indicate that many ACA health insurance premiums may rise dramatically, with some states reporting increases exceeding 60%. This alarming trend is largely attributed to the expiration of enhanced federal subsidies and ongoing medical cost inflation. Employees should brace for potential out-of-pocket premiums to increase by over 75%, affecting their financial planning and healthcare access prior to Medicare eligibility. It is crucial for members of the Asbury Automotive Group to proactively evaluate their healthcare strategies and budget accordingly to mitigate the impact of these rising costs. Click here to learn more

The contemporary era presents a myriad of stressors, from the unpredictable housing market to escalating grocery prices. Indeed, the intensity of stress an individual encounters can significantly hinge on their geographical location, as recent research reveals.

A comprehensive study conducted by WalletHub earlier in the year embarked on the ambitious task of ranking the “most and least stressed” states across the United States. This expansive report utilized a comparative analysis across the 50 states, examining them through the lens of 41 distinct metrics. These indicators encompassed a range of factors including the unemployment rate, income growth trajectory, separation and divorce rates, mental health statistics, and the affordability of medical consultations.

In order to distill these broad metrics into actionable insights for Asbury Automotive Group professionals, the states were evaluated based on four primary dimensions of stress:

  1. Work-related stress,
  2. Financial stress,
  3. Family-related stress, and
  4. Health and safety-related stress.

This intricate analysis was fortified by data sourced from reputable institutions such as the U.S. Census Bureau, the Bureau of Labor Statistics, and the Centers for Disease Control and Prevention, among others.

In an intriguing revelation, the report not only provided a holistic stress ranking but also delved into specific categories like the average number of sleep hours residents get each night, the number of practicing psychologists per capita, and the average weekly work hours.

Mississippi emerged at the forefront of this study, unfortunately bearing the title of the most stressed state. It was particularly impacted by financial stress despite boasting the lowest cost of living in the country. Contrasting its affordable living, it faces challenges with educational attainment and workforce productivity, alongside having one of the most substantial rates of worker migration, as detailed by a CNBC report.

Conversely, the spectrum's other end highlighted states like Utah, Connecticut, and South Dakota, known for their comparatively low stress levels. Interestingly, states like Hawaii and Florida, often celebrated for their high happiness indices, did not feature in the top ten of this list.

Topping the chart as the epitome of tranquility was Minnesota, recognized as the least stressed state. Minnesotans reported minimal stress related to finances and family. Moreover, Minnesota was celebrated for offering its residents nearly the highest average sleep hours, trailing only behind Colorado. Famously referred to as the “Land of 10,000 Lakes,” Minnesota has also been acclaimed as one of the prime states for both living and professional engagement, as per CNBC’s annual assessment.

Following closely was Utah, securing the second position. Remarkably, Utah recorded the fewest work hours per week on average, a low poverty rate, and the nation’s lowest divorce statistics. In an adjunct study by WalletHub, Utah was distinguished as the happiest state, partly owing to its impressive volunteer rate standing at 40.7% - a stark contrast to Florida’s significantly lower rate.

New Hampshire consolidated the top three, standing out with the lowest proportion of adults in fair or poor health and an impressive average credit score of 729, as per CNBC Select. It boasts one of the lowest poverty and crime rates per capita. The city of Nashua in Hillsborough County, New Hampshire, in particular, enjoys the reputation of being the safest in the country, making it one of the state's most desirable living destinations, according to Niche. Further, Census Bureau data indicates that New Hampshire ranks among the wealthiest and most educated in the nation, enhanced by its lack of income tax on wages and sales tax.

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A crucial aspect contributing to Minnesota's low stress levels, particularly relevant to Asbury Automotive Group professionals nearing or in retirement, is the state's robust healthcare system. According to U.S. News & World Report (2021), Minnesota is ranked 3rd in healthcare access and 11th in healthcare quality nationwide, ensuring its residents, especially those in older demographics, have ample access to superior medical care. This accessibility is paramount for those transitioning from active working life, as they can rely on high-quality healthcare services, a factor significantly alleviating health-related stress often accompanying this life stage.

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Navigating the states of America in search of the ideal place to retire is akin to sifting through a box of assorted chocolates, each piece uniquely flavored with different fillings representing various lifestyle factors. Minnesota, in this assortment, is the coveted dark chocolate truffle — rich in quality healthcare, laden with the sweetness of plentiful sleep, and enrobed in the smooth texture of low financial and family-related stress. Just as dark chocolate is known for its health benefits and stress-reducing antioxidants, Minnesota offers a blend of life-enhancing qualities that melt away worries, making it the choice morsel for those seasoned professionals stepping away from their bustling Asbury Automotive Group careers into a phase of life where tranquility and well-being become the ultimate luxury. 

What type of retirement savings plan does Asbury Automotive Group offer to its employees?

Asbury Automotive Group offers a 401(k) retirement savings plan to its employees.

How can employees of Asbury Automotive Group enroll in the 401(k) plan?

Employees of Asbury Automotive Group can enroll in the 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting their HR representative.

Does Asbury Automotive Group provide matching contributions to the 401(k) plan?

Yes, Asbury Automotive Group provides matching contributions to the 401(k) plan, subject to specific terms and conditions.

What is the maximum contribution limit for the Asbury Automotive Group 401(k) plan?

The maximum contribution limit for the Asbury Automotive Group 401(k) plan is in line with IRS regulations, which may change annually.

Are employees of Asbury Automotive Group eligible to take loans from their 401(k) accounts?

Yes, employees of Asbury Automotive Group may have the option to take loans from their 401(k) accounts, subject to the plan’s rules.

When can employees of Asbury Automotive Group start withdrawing from their 401(k) accounts?

Employees of Asbury Automotive Group can start withdrawing from their 401(k) accounts at age 59½, or earlier under certain circumstances.

What investment options are available in the Asbury Automotive Group 401(k) plan?

The Asbury Automotive Group 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds.

Can employees of Asbury Automotive Group change their contribution percentage to the 401(k) plan?

Yes, employees of Asbury Automotive Group can change their contribution percentage at any time, following the guidelines set by the plan.

Does Asbury Automotive Group offer financial education resources for its 401(k) plan participants?

Yes, Asbury Automotive Group provides financial education resources to help employees understand their 401(k) options and investment strategies.

Is there a vesting schedule for the employer match in the Asbury Automotive Group 401(k) plan?

Yes, there is a vesting schedule for the employer match in the Asbury Automotive Group 401(k) plan, which dictates when employees fully own the matched funds.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Asbury Automotive Group has been actively purchasing smaller dealerships and laying off legacy employees, including significant layoffs in their corporate office​ (TheLayoff.com)​.
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For more information you can reach the plan administrator for Asbury Automotive Group at 2905 Premiere Pkwy Suite 300 Duluth, GA 30097; or by calling them at +1 770-418-8200.

*Please see disclaimer for more information

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