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

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

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Healthcare Provider Update: Healthcare Provider for Nexstar Media Group: Nexstar Media Group primarily collaborates with various health insurance companies to provide healthcare coverage to its employees. Specific providers may vary by location and employee plan options, but major national insurers like UnitedHealthcare, Cigna, and Aetna are common in corporate health plans across the country. Potential Healthcare Cost Increases in 2026: In 2026, healthcare costs are projected to soar significantly, as the Affordable Care Act marketplace plans face unprecedented premium hikes, with some states seeing increases exceeding 60%. This surge can be attributed to escalating medical costs, the expiration of enhanced federal subsidies, and aggressive rate hikes from major insurers. Without congressional intervention to extend the current premium tax credits, a staggering 92% of marketplace enrollees could experience a rise in out-of-pocket costs by more than 75%, forcing many to reevaluate their healthcare options as financial pressures mount. 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 Nexstar Media 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 Nexstar Media 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 Nexstar Media Group careers into a phase of life where tranquility and well-being become the ultimate luxury. 

What is the 401(k) plan offered by Nexstar Media Group?

The 401(k) plan at Nexstar Media Group is a retirement savings plan that allows employees to save and invest a portion of their paycheck before taxes are taken out.

How can employees at Nexstar Media Group enroll in the 401(k) plan?

Employees can enroll in the Nexstar Media Group 401(k) plan by completing the enrollment process through the company’s benefits portal or by contacting the HR department for assistance.

Does Nexstar Media Group match employee contributions to the 401(k) plan?

Yes, Nexstar Media Group offers a matching contribution to the 401(k) plan, which helps employees grow their retirement savings.

What is the maximum contribution limit for the Nexstar Media Group 401(k) plan?

The maximum contribution limit for the Nexstar Media Group 401(k) plan is determined by IRS regulations, which may change annually. Employees should check the latest guidelines for the current limit.

When can employees at Nexstar Media Group start contributing to the 401(k) plan?

Employees at Nexstar Media Group can start contributing to the 401(k) plan after they have completed their initial eligibility period, typically within their first year of employment.

What investment options are available in the Nexstar Media Group 401(k) plan?

The Nexstar Media Group 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles tailored to different risk tolerances.

Can employees at Nexstar Media Group take loans against their 401(k) savings?

Yes, employees at Nexstar Media Group may have the option to take loans against their 401(k) savings, subject to the terms and conditions of the plan.

What happens to the 401(k) plan if an employee leaves Nexstar Media Group?

If an employee leaves Nexstar Media Group, they can choose to roll over their 401(k) balance to another retirement account, cash out, or leave the funds in the Nexstar Media Group plan if permitted.

Is there a vesting schedule for the Nexstar Media Group 401(k) matching contributions?

Yes, Nexstar Media Group has a vesting schedule for matching contributions, which determines how much of the employer's contributions an employee is entitled to based on their length of service.

How can employees at Nexstar Media Group monitor their 401(k) account?

Employees can monitor their 401(k) account through the company’s benefits portal, where they can view their balance, investment performance, and make changes to their contributions.

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

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