News from PFEEF
 
October 8, 2009
 
 
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Rising Health Insurance Costs: 1999, 2009, and 2019
 
Average annual premiums for health insurance offered by employers: Single coverage 1999 - $2,196; 2009 - $4,824; Family coverage 1999 - $5,791; 2009 - $13,375. "Since 1999, health insurance premiums for families rose 131%, the report found, foar more than the general rate of inflation, which increased 28% over the same period." Kaiser Family Foundation Foundation, Health Research & Educational Trust, USA Today, 09-19-09, p. 6A. Numerous credible sources state that In 10 more years, by 2019, health care costs are conservatively predicted by numerous credible source to double again to: Single $9,648; Family $26,750.
 
USA Today
, 09-16-09, p 6a 
Numbers - 401(k) Average Balance is $53,900 
 
"The average Fidelity 401(k) balance in the second quarter was $53,900 - still a way to go before a comfortable retirement." New York Times, 8-23-09, p. BUY-2 
BEST QUOTE -  
"He is richest who is content with the least, for contentment is the wealth of nature."
Socrates, 469 B.C. 
      
"Featured Partner - Best Provider " 
 
CLC Incorporated provides legal and financial benefits to over 26 million households through more than 25,000 corporations. CLC's clients include employer groups ranging from Fortune 100 companies to small businesses. Their sole focus is helping people improve their financial lives through one-on-one confidential coaching relationships. CLC never sells books, tapes or any other products. Through a comprehensive financial coaching and identity theft protection program called My Secure Advantage (MSA), CLC also delivers direct-to-employer, on-site financial education classes at no cost to employers. This combines classroom learning with 30-days of one-on-one telephone coaching to help attendees improve their financial lives. 

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