Results for "health care"

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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...

Report: HSAs won’t cover retirees’ medical costs

April 6, 2010

A combination of statutory contribution limits and low interest rates is hampering the use of health savings accounts as a way to cover future health care costs for retirees, according to the Employee Benefit Research Institute. In a new study,...

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...

New tab for retirement health care: $240,000

March 26, 2009

The cost of health care in retirement has risen 50% since 2002, according to research released today by Fidelity Investments. A 65-year-old couple retiring this year will need about $240,000 to cover medical expenses in retirement apart from...

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...

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