Why Financial Wellness Matters
No one wants more stressors in their lives but we all have them. Stress attributed to work, family and health issues are top concerns for most of us. But, if money problems keep you up at night, impact your personal relationships and even create or exacerbate health problems, you’re not alone. According to the American Psychological Association (APA), money and financial problems are the number one stressors in our lives.
As you may be aware, the agreement between Anthem Blue Cross Blue Shield and Hartford Healthcare expired on September 30, 2017.
Since then, the failure of the two organizations to come to an agreement has adversely impacted the ability of UCC Health Plan participants to access hospitals, physicians, and other medical professionals within Hartford Healthcare.
The Flexible Benefit Plan for UCC Ministries, also referred to as the Flexible Spending Account or “FSA,” will be administered by Highmark Blue Cross Blue Shield beginning in 2018. New FSA debit cards, effective January 1, 2018, will be issued and mailed by Highmark to FSA Plan participants’ home addresses in mid-December. Please be on the lookout for your new card!
Your credit scores, sometimes known as “FICO” scores, are used by lenders and other businesses to assess your creditworthiness and general financial reliability. Also, lenders use your scores to determine your credit limit and the interest rate you’ll be charged. While there are many different versions of your score in use, those tabulated by the Fair Isaac Corporation (FICO) are the most frequently used today.
The Pension Boards’ Faith and Finance Advisory Group gathered for a two-day meeting October 24-25 in New York to discuss ways the Faith and Finance Initiative can be interpreted and embodied to impact the work and life of the Church and those who serve it.