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A Plan Sponsor Council of America study found that thousands of organizations reduced funding they usually pay to 401(k) investors because of the COVID-19 pandemic, CNBC reported. Figures According to PSCA survey figures, about 8% of employers slashed their 401(k) contributions in recent months and another 1% are considering doing so.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Humana to cut Medicare Advantage benefits amid rising costs
3. Walmart to shut down health clinics due to unprofitability
4. UnitedHealth faces scrutiny over size, operations, and cyberattack
5. UnitedHealth to close Optum Virtual Care amid telehealth decline
6. Cigna writes off $1.8 billion from VillageMD investment amid losses