Mercer announced today that it has launched “Mercer Benefits U” (www.MercerBenefitsU.com), a new “total wellness*” education campaign for employees whose retirement and health plans it administers.
Featuring a college-campus visual theme and app-like functionality developed especially for mobile devices, Mercer Benefits U offers interactive “courses” in three different schools: The School of Retirement, School of Health, and School of Total Wellness (see Figure 1). By engaging with educational “courses” such as “Diversification 101”, “Saving for Health Care” and “Intro to Flexible Spending Accounts”, employee “graduates” learn strategies for taking greater control of their overall well-being, including their physical and financial health.
Increasingly employees are seeing the importance of planning for health care costs in retirement as a critical component of their entire retirement preparedness. In fact according to the findings from the most recent Mercer Workplace Survey™, 86% of employees say they need to save more for retirement due to rising health care costs, and 34% consider doing so a “major” savings objective ― a 100% increase since 2007. At the same time, the vast majority of employees believe they bear primary responsibility for both their retirement income (84%) and their retiree health expenses not covered by Medicare (71%).
“Mercer Benefits U is our latest in a series of interactive tools and educational programs that help employers better ensure that their employees are able to live, work and retire well,” said Rich VanThournout, Partner, in Mercer’s benefits administration business. “It also directly addresses in an engaging way the undeniable shift of accountability from employer to employee self-sufficiency. As employees are asked to plan and direct their careers, retirement and overall wellbeing, employers need to ensure that they have access to help and guidance through resources such as Mercer Benefits U.”
To learn more about Mercer Benefits U please visit www.MercerBenefitsU.com
*Mercer defines total wellness as a holistic approach to managing one’s health, wealth, and wellbeing.
Mercer is a global leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s 20,000 employees are based in more than 43 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 55,000 employees worldwide and annual revenue exceeding $12 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @MercerInsights.
Figure 1 – Mercer Benefits U features the School of Retirement, School of Health, and School of Total Wellness