Results for "health care"

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Why health insurance is now like a box of Wheaties

August 17, 2011

Health insurers will have to provide descriptive labels similar to those found on food products under a consumer-information provision in the 2010 health overhaul the U.S. began rolling out today. The draft rules will make insurers such as Indianapolis-...

Health savings account balances rise in June

August 3, 2011

Health savings account balances and the number of HSAs jumped in June as employers leaned toward offering high-deductible health plans. Balances in HSAs — tax-advantaged medical savings accounts — grew to some $11.7 billion in total assets,...

Some states rubber-stamping insurance rate hike requests, U.S. says

July 7, 2011

The U.S. will review health insurer requests to raise premiums for individuals and small businesses at least 10 percent in 10 states, ruling that local regulators aren't adequately policing rates. The decision by the federal Center for Consumer...

One-third of employers may drop health plans

June 8, 2011

Almost one-third of U.S. employers are likely to stop providing health coverage for workers in 2014, when U.S. subsidies become available for people to buy individual policies, according to a study by McKinsey & Co. At least 30% of employers...

Health care costs claim bigger part of nest egg

May 1, 2011

FOR FINANCIAL planners, estimating medical costs for retired clients is little more than guesswork. Accurately predicting such costs requires an adviser to know how long the clients will live and what kinds of medical problems they will confront....

Tax credit could help some firms

February 20, 2011

A new health insurance tax credit could hit some small financial advisory firms in their sweet spot — but only if they fit a specific profile. The Small Business Tax Credit, part of the Affordable Care Act signed into law by President Barack...

Help in getting a handle on medical expenses

January 16, 2011

Fear and outrage had a lot to do with the creation of Ron Mastrogiovanni's latest venture, Health- View Services. He took care of his parents in retirement and was shocked by the unexpected out-of-pocket medical costs that they incurred while...

How Mesirow used worker incentives to promote wellness

November 21, 2010

When Mesirow Financial Inc. offered its employees free physicals a few years ago, only about a third of the 875 employees in its Chicago headquarters participated. For the most recent round of tests in early October, more than 750 people turned...

Survey reveals top retirement concern of Americans

November 17, 2010

Affording health care during retirement remains the No. 1 concern of working Americans, according to a new survey from Edward Jones. Twenty-three percent of respondents cited health care costs as a major fear in retirement. That percentage is...

Advisers face soaring health coverage costs

October 24, 2010

Escalating medical costs and increased expenses associated with the health care reform law are driving double-digit increases in health insurance premiums at many financial advisory firms. For some, a projected increase of 20% or more poses...

Principal Financial to check out of health insurance biz

September 30, 2010

Principal Financial Group Inc., an insurance, retirement and financial services company, said Thursday it is getting out of the health insurance business. It said the move will eliminate 150 jobs initially and more later. Principal's health...

Employers strive to minimize 2011 increases

September 26, 2010

Employers expect compliance with the health care reform law to account for nearly one-third of the projected 10% average increase next year in health benefit costs, but most are taking steps to keep that increase at or below 6% — a move that...

Advisers plunge into providing health care

September 19, 2010

Whether it's helping downsized clients, assisting retirees whose benefits are being chiseled away or advising small-business owners on health care options for their companies, a growing number of financial advisers find themselves navigating...

The knock on group LTC plans

July 25, 2010

Long-term care insurance is considered a valuable benefit by employees, but advisers seldom share their enthusiasm. “It's very inexpensive, but I don't like it a whole lot,” said Robert Straka, president of GrandView Financial Group LLC....

SEC inquiry sacks home health stocks

July 14, 2010

Shares of home health providers sank Wednesday as an investigation into the industry's Medicare reimbursement practices expanded. After the markets closed on Tuesday, LHC Group Inc. and Gentiva Health Services Inc. said they are being investigated...

Health savings account enrollment on rise

May 30, 2010

Enrollment in high-deductible health insurance plans linked to health savings accounts continues to surge, with the biggest growth in plans offered by larger employers. As of Jan. 1, 10 million people were enrolled in HSA-linked health insurance...

S&P: Getting healthy, wealthy and wise

May 4, 2010

Standard & Poor's Equity Research's fundamental outlook for the health care services industry for the next 12 months is positive. S&P's health care equity analytical group thinks most services, including home health care, rehabilitation services,...

Merrill Lynch: Wealthy afraid of health care costs, retirement

April 20, 2010

Wealthy individuals may be more confident about the economy, but they're more concerned about being able to pay for health care — and having enough to live on in retirement — according to the results of a quarterly survey released today...

Health-care cost now up to $20.50 an hour at home

March 11, 2010

The cost of home health care services is up again, rising to a national average of $20.50 per hour, up 2.5% from 2008, according to the American Association for Long-Term Care Insurance. The cost of care is all over the map. In Boston, home...

S&P picks: Why the biotech sector looks healthy

March 8, 2010

Standard & Poor's Equity Research recently upgraded its outlook for the biotechnology industry to positive from neutral. Steven Silver, S&P's biotechnology equity analyst, thinks the industry is positioned for renewed investor interest in 2010,...

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