Berkshire Hathaway GUARD recognized for community outreach support

Insurance Business America | April 10, 2019

Berkshire Hathaway GUARD Insurance Companies has been honored for its contributions to the community through a non-profit. The insurer was recognized for providing support to the McGlynn Learning Center, which provides year-round educational, recreational, and social outreach services to children and teens living in Boulevard Townhomes and Mineral Springs Village, in Wilkes-Barre, PA. GUARD has been supporting the McGlynn Learning Center for nearly three decades, specifically the non-profit’s annual Giving Tree event during the holidays. Each year, GUARD employees select from a list of names of children and then purchase gifts for them. The presents are later distributed to the kids by Santa Claus during the McGlynn Center’s holiday party. For this year, all of the Center’s 112 children each received a gift purchased by a GUARD employee. Employees of the insurance company also helped by planting flowers and painting rooms for the McGlynn center as part of the local United Way’s “Day of Caring” this year. In addition, GUARD’s Special Projects Committee made a donation to the McGlynn Center’s Life Skills Program – an anti-drug program.

Spotlight

This Visualizing Health Policy infographic charts recent trends in employer-sponsored health insurance premiums. Between 1999 and 2015, premiums increased by 203%, outpacing both inflation and workers’ earnings. However, the growth of premiums for family coverage slowed toward the end of that time period, from an average of 11% per year between 1999 and 2005 to 5% per year between 2005 and 2015. Between 2014 and 2015, the average premium for single and family coverage increased by 4%, and over the past 5 years, deductibles increased faster than both premiums and wages.

Spotlight

This Visualizing Health Policy infographic charts recent trends in employer-sponsored health insurance premiums. Between 1999 and 2015, premiums increased by 203%, outpacing both inflation and workers’ earnings. However, the growth of premiums for family coverage slowed toward the end of that time period, from an average of 11% per year between 1999 and 2005 to 5% per year between 2005 and 2015. Between 2014 and 2015, the average premium for single and family coverage increased by 4%, and over the past 5 years, deductibles increased faster than both premiums and wages.

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