Prudential adds Wellthy, a service for caregivers, to its financial wellness portfolio

first_img WhatsApp Prudential adds Wellthy, a service for caregivers, to its financial wellness portfolio Pinterest Local NewsBusiness Facebook WhatsApp By Digital AIM Web Support – February 16, 2021 Pinterestcenter_img Twitter TAGS  Twitter NEWARK, N.J.–(BUSINESS WIRE)–Feb 16, 2021– More than 15% of American workers report providing ongoing care for a chronically ill, disabled or elderly person, and 1 in 4 women are considering downshifting their careers or leaving the workforce because of child care and other challenges due to COVID-19. The responsibilities these caregivers bear has been heightened during the pandemic, accelerating mental health and workplace productivity issues. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210216005124/en/ Judy Dougherty, Head of Enterprise Capabilities, Prudential Financial (Photo: Business Wire) Prudential 1 ( NYSE: PRU ) is partnering with Wellthy, a leading provider in the caregiving space, to incorporate Wellthy’s suite of digital and concierge caregiving services into Prudential’s financial wellness offering. These services will help employers relieve the caregiving burden impacting their employees. The new partnership will enable Prudential to offer no-cost access to Wellthy’s digital caregiving tools, such as educational content, digital care plan creation, storage of digital caregiving documents (e.g., prescriptions, medical records, wills, etc.), access to a shared calendar to track appointments, and the ability to establish a group caregiving discussion. Wellthy’s caregiving services complement employee assistance programs by providing individuals with a digital platform to organize and manage caregiving activities, along with the option of concierge services that provide hands-on support to help relieve their caregiving burden and save them hours every week. For example, employers will have the option to pay or enable their employees to pay for a dedicated Care Coordinator to help individuals manage the logistical and administrative tasks of caring for loved ones on a family’s behalf, including:Sourcing and vetting in-home aides and child care providers.Evaluating insurance coverage for home safety modifications.Setting up meal delivery services.Identifying in-network physical therapy providers.Arranging transportation to/from appointments.Setting up calendars for appointment management.Assisting with financial claims and billing support (e.g., liaising between medical providers, hospital and Medicare).Researching local elder care attorneys specialized in estate planning. Prudential will also partner with employers to provide referrals to employees during critical moments that matter (e.g., leave of absence, birth of a new child, illness of elderly relatives) to optimize employee usage of Wellthy’s caregiving resources. “The COVID-19 pandemic has blurred the lines between work and home. It has pushed many employees into multiple and sometimes new caregiving roles that impact their ability to balance work, home and the needs of their loved ones. This balancing act is creating additional pressure on an already challenged caregiving system,” said Judy Dougherty, head of Enterprise Capabilities at Prudential Financial. “The benefits of Wellthy’s service are lower stress and improved productivity by assisting with some administrative and logistical tasks associated with caregiving, and in some cases reduced income disruption associated with unpaid leave. The addition of Wellthy to our portfolio is another way we are helping people achieve and maintain financial wellness.” For employers, the benefits of investing in caregiver support are also clear. Caregiving costs employers several thousand dollars per caregiving employee per year—on lost productivity, absences, and talent retention. “Well before the pandemic, caregiving was a serious challenge for so many Americans and we’ve remained steadfast in our commitment to lift the burden off caregivers,” said Lindsay Jurist-Rosner, CEO of Wellthy. “Our model is built on transforming family care through personalized care support that caregivers can control from an online dashboard, and we are pleased that more and more employers are seeing the value of providing their workforce with access to caregiving support.” Learn more about Prudential Financial Wellness About Prudential Financial, Inc. Prudential Financial, Inc. ( NYSE: PRU ), a financial wellness leader and premier active global investment manager with more than $1.5 trillion in assets under management as of Dec. 31, 2020, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com. About Wellthy Wellthy is a caregiving concierge service for families with chronic, complex and ongoing care needs. Wellthy offers a robust caregiving platform and personalized support to help families tackle the logistical and administrative tasks of caring for the ones they love, including themselves. For more information, please visit wellthy.com. 1045360-00001-00 ————————————————————————————————— 1 Financial wellness content, tools and solutions are provided through Prudential Workplace Solutions Group Services, LLC (“PWSGS”). PWSGS is a subsidiary of Prudential Financial, Inc. PWSGS is not a licensed insurance company, does not provide insurance products or services, and does not provide investment or other advice. Access to Wellthy Caregiving Services is separate from and is not contingent upon participation in a Prudential Group or Retirement service or contract. View source version on businesswire.com:https://www.businesswire.com/news/home/20210216005124/en/ CONTACT: MEDIA: Monique Freeman 973-634-8325 [email protected] Twitter: @MoniqueR—PruPR FOR WELLTHY Nadia Damouni 646-818-9217 [email protected] KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES NURSING HEALTH HOSPITALS HUMAN RESOURCES FINANCE BANKING SOURCE: Prudential Financial, Inc. Copyright Business Wire 2021. PUB: 02/16/2021 09:00 AM/DISC: 02/16/2021 09:01 AM http://www.businesswire.com/news/home/20210216005124/en Facebook Previous articleWinning numbers drawn in ‘Two Step’ gameNext articleBringCom Completes Pan-African Fiber Ring Network Digital AIM Web Supportlast_img read more

Foulkes is the local hero – in extra time

first_img Local man Martin Foulkes deserved to win the English Men’s Mid Amateur Championship for the Logan Trophy at his home club of Worksop even if he had to win it twice.He looked to be cruising to the title with a comfortable four-shot lead with two holes to play when disaster struck. A quadruple-bogey eight at the 17th when he tangled with the punishing rough, saw the 36 year old finish with a level par 72 for 214, two under, and into a tie with Paul Kirkwood, who returned 71.It meant a sudden death playoff, Foulkes winning with a par four at the first hole after Kirkwood had missed the fairway and the green then failed with his par putt.“It proved more difficult that it should have been but I got there in the end,” said Foulkes. “I’ve possibly taken eight on the 17th before but I can’t remember when. But this is a massive win for me. I’ve won county events but never a national title.“It’s also massive for the club. Playing on your home course brings extra pressure and there were so many good players in the field. I’m delighted.”In ideal conditions but with the course asking its usual difficult questions, particularly on the greens, Foulkes began the day sharing the lead on two under with Scot David Primrose. But the Worksop man raced away, covering the front nine in 32 strokes with an eagle and three birdies.That saw him open a five-shot lead which no one managed to reduce. It looked a one-horse race with Foulkes seemingly cantering home. But the 17th came back to bite him.He drove into the left rough, gained a free drop from a staked tree, then took three more shots to escape before his approach finished short of the green. A chip and two putts later and his advantage had disappeared.“In hindsight I should have just chipped out,” Foulkes added. “After that my head was spinning. Before I teed off on 17 I was cruising. I didn’t know the situation but at six under, I didn’t think anyone had got to that and if I could finish four-three I would be O.K. Then that happened.”At the last he still had a chance to win in normal time if he could hole a lengthy putt. But, with his head still spinning, he had to settle for a par three and extra time.Kirkwood admitted he wasn’t expecting to be in a playoff. “I saw Martin having trouble on the 17th but I didn’t know that he had taken eight,” he said.“I had a good go at my putt in the playoff but I wasn’t expecting to do this well this week. “I’m a bit disappointed but fair play to Martin to make par and he deserved to win.”Surrey-based Primrose closed his successful week with 74 for 216, level par, and third spot with Lancashire’s Michael Hunt, who returned a second successive 70 for 217.Past champion Martin Young (74) from Hampshire and Justin Phelps (71) from Middlesex shared fifth place on 219, while Worcestershire’s Paul Scarrett, joint runner-up a year ago, posted 69, the best round of the day, for equal seventh spot.For the second successive day the tournament was graced by a hole-in-one. It was achieved by Stephen Brennan who sank his five iron tee shot at the 207-yard eighth hole.“The ball faded into the flag and my wife told me it had gone in,” said Yorkshire-based Brennan. “It was my sixth hole-in-one but only the second in competition.”For more information, visit the Logan Trophy webpage. 6 Jul 2014 Foulkes is the local hero – in extra time last_img read more