Healthcare Provider Update: Healthcare Provider for Broadridge Financial Solutions Broadridge Financial Solutions does not directly provide healthcare services; instead, it typically partners with major health insurers to offer comprehensive health insurance options to its employees. Employees at Broadridge often have access to plans from insurers like UnitedHealthcare, Anthem, Cigna, and others, depending on their location and specific employer agreements. Potential Healthcare Cost Increases in 2026 As 2026 approaches, significant healthcare cost increases loom for those enrolled in Affordable Care Act (ACA) marketplace plans. Premium rates are projected to rise sharply, with some states anticipating hikes of over 60%. This surge is influenced by escalating medical costs, such as hospital services and prescription drugs, alongside the potential expiration of enhanced federal subsidies. If these enhancements are not renewed, individuals could see their out-of-pocket healthcare expenses rise by over 75%, severely impacting access to affordable health coverage. For Broadridge Financial Solutions employees, it is crucial to assess the implications of these potential increases on their healthcare budgeting and coverage decisions. 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 Broadridge Financial Solutions professionals, the states were evaluated based on four primary dimensions of stress:
- Work-related stress,
- Financial stress,
- Family-related stress, and
- 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 Broadridge Financial Solutions 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 Broadridge Financial Solutions careers into a phase of life where tranquility and well-being become the ultimate luxury.
What type of retirement savings plan does Broadridge Financial Solutions offer to its employees?
Broadridge Financial Solutions offers a 401(k) retirement savings plan to help employees save for their future.
How does Broadridge Financial Solutions match employee contributions to the 401(k) plan?
Broadridge Financial Solutions provides a matching contribution to the 401(k) plan, typically matching a percentage of employee contributions, up to a certain limit.
Can employees of Broadridge Financial Solutions choose how to invest their 401(k) contributions?
Yes, employees at Broadridge Financial Solutions can choose from a variety of investment options for their 401(k) contributions, including stocks, bonds, and mutual funds.
What is the eligibility requirement for employees to participate in the 401(k) plan at Broadridge Financial Solutions?
Employees of Broadridge Financial Solutions are generally eligible to participate in the 401(k) plan after completing a specified period of service, typically within the first year of employment.
Does Broadridge Financial Solutions offer any educational resources for employees regarding their 401(k) plan?
Yes, Broadridge Financial Solutions provides educational resources and tools to help employees understand their 401(k) options and make informed investment decisions.
What is the vesting schedule for the company match in Broadridge Financial Solutions' 401(k) plan?
The vesting schedule for the company match at Broadridge Financial Solutions typically follows a graded vesting schedule, meaning employees earn ownership of the match over a period of time.
Are there any fees associated with the 401(k) plan at Broadridge Financial Solutions?
Yes, there may be administrative and investment fees associated with the 401(k) plan at Broadridge Financial Solutions, which are disclosed in the plan documents.
Can employees take loans against their 401(k) balance at Broadridge Financial Solutions?
Yes, Broadridge Financial Solutions allows employees to take loans against their 401(k) balance, subject to certain terms and conditions outlined in the plan.
What happens to an employee's 401(k) account if they leave Broadridge Financial Solutions?
If an employee leaves Broadridge Financial Solutions, they can either roll over their 401(k) balance to another retirement account, leave it in the plan, or withdraw the funds, subject to tax implications.
Is there an automatic enrollment feature in the 401(k) plan at Broadridge Financial Solutions?
Yes, Broadridge Financial Solutions may offer an automatic enrollment feature, which automatically enrolls eligible employees in the 401(k) plan unless they opt out.



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