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Mindfulness in the Workplace & Retirement Account Portability

  • Broadcast in Business
HealthCare Consumerism Radio

HealthCare Consumerism Radio

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On this week's program, the hosts talk with guests from eMindful and Millennium Trust Company on issues related to mindfulness, retirement and more.

The first guest is Kevin Renner, SVP of marketing and product management for eMindful. Employers are facing a new crisis: The proliferation of stress, burnout, obesity and other chronic conditions at unprecedented levels among their employees. In the span of 12 months recently, the percentage of U.S. employees reporting they were stressed at work jumped from 73 to 83 percent, according to the Work Stress Survey conducted by Harris Interactive. Among the most innovative developments in behavioral wellness and holistic well-being today is the application of evidence-based mindfulness training to stress and other modifiable health cost drivers facing employers. A burgeoning body of scientific research has demonstrated that mindfulness is highly effective in improving behavioral health and chronic diseases. In this interview, we will discuss some of the latest findings with Kevin, who has worked in the mindfulness field with eMindful since 2010.

The second guest on the program this week will be Terry Dunne, SVP and managing director of Rollover Solutions Group at Millennium Trust Company. Employees in health care tend to switch jobs frequently; they need portability of their retirement benefits to help ensure that they can save well for their retirement. This topic touches on a critical public policy goal of preserving assets for retirement savings. For Americans, there is approximately $25 trillion earmarked for retirement. This includes DC, DB, government entities and IRAs. There are over 630,000 DC plans with over 90 million participants – many DB plans and government-type plans. IRAs now hold over $7 trillion in assets. The issue ties to every industry, health care included. What should Americans be doing to enhance their retirement years?

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