The Market Insights: Healthcare App is designed specifically for retirement plan sponsors and advisers working with health care organizations. It gives users the ability to compare their retirement plans to others in the health care industry based on a number of key metrics.
Specifically, the app provides:
- Data allowing users to quickly compare their plan to other health care retirement plans;
- Guidance on industry best practices, giving users insight into how small changes to plan design can improve retirement outcomes for participants;
- Customizable reporting including plan sponsor and adviser contact information, which can be shared via email; and
- Access to a library of white papers on plan design, health care market trends and other relevant information.
Transamerica developed the app based on data from a joint survey conducted with the American Hospital Association that compiled data from 180 health care sector plans.
Transamerica Retirement Solutions is a provider of customized retirement plan solutions for small to large organizations. The American Hospital Association, a nonprofit association of health care provider organizations and individuals, provides education for health care leaders and is a source of information on health care issues and trends.