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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,...

Medicare tax may apply to investment income

February 28, 2010

President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households. The health care proposal that the White House released last Monday would extend the existing 2.9% Medicare tax to...

Aim's Tyler Dann: Why health care sector is rife with opportunity

November 3, 2009

With Congress advancing its controversial 1,900-page health care reform legislation, Wall Street has pushed health care sector stocks into value territory, according to Tyler Dann, co-manager of the $4.8 billion Aim Charter Fund CHTRX. “We...

55- to 64-year-olds most likely to have health insurance in ’07, EBRI study says

July 28, 2009

Adults 55 to 64 were most likely to have health care coverage in 2007, according to a study from the Employee Benefits Research Institute. According to the study, which was published today in the August issue of EBRI Notes, 2% of adults between...

Analysts assess winners and losers in health care reform

July 26, 2009

Depending on the outcome of health care reform, investment opportunities could be found in a variety of related sectors, including pharmaceuticals, biotechnology and even certain insurers. The much-ballyhooed public-health option in the proposed...

HSA assets grew more than 62% last year, Celent study shows

June 29, 2009

Despite the downturn in the economy, the number of health savings accounts and assets held in the plans continue to grow, a new study released today showed. From January 2008 to January 2009, there was an increase of 46.1% in the number of HSAs....

Obama announces $80B deal with drug companies

June 22, 2009

President Barack Obama on Monday welcomed the pharmaceutical industry's agreement to help close a gap in Medicare's drug coverage, calling the pact a step forward in the push for overhaul of the health care system. Obama said that drug companies...

Health reform debate overlooks long term care, Tom Daschle says

June 14, 2009

As Congress takes up health care reform, too little attention is being paid to long term care. That was the overall assessment of speakers participating in a forum in Washington last Monday on the future of health care for seniors. The forum,...

Funding LTC insurance absent from cliets' to-do list

June 7, 2009

Advisers are struggling to get clients — especially baby boomers — to think about funding long term care in the face of depleted investment portfolios. Planning to pay for health care needs in retirement has taken a back seat to replenishing...

Agents oppose government-sponsored health care

May 3, 2009

As Congress starts to take up health care reform, a group representing health insurance agents is voicing its dissent over President Obama's call for universal health insurance. Specifically, the Association of Health Insurance Advisors, which...

Alzheimer's patient costs 3X those of other seniors

March 24, 2009

The health care costs of Alzheimer's disease patients are more than triple those of other older people, and that doesn't even include the billions of hours of unpaid care from family members, a new report suggests. Compared with people aged...

Consumer-directed health plans gain traction

November 18, 2008

There are more enrollees in consumer-directed health plans this year than last, and those individuals are more likely to have higher income and enjoy better health than their traditional plan counterparts, according to a study from the Employee...

Strapped Americans scrimping on insurance

August 12, 2008

Scrimping to make ends meet, many Americans are cutting back on medical care to deal with rising costs and a worsening economy, according to the National Association of Insurance Commissioners. In a survey of 686 consumers, the Kansas City,...

Retirement angst reaches 18-year high

April 9, 2008

American workers are increasingly worried about health care costs and economic issues as their confidence about being able to afford a comfortable retirement dropped to 18% in 2008, from 27% in 2007. This is the largest drop in the 18-year history...

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