Results for "health care"

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Next benefit fortress to fall: Employee health insurance

June 9, 2013

Workplace-based health insurance is following in the footsteps of retirement benefits. In response to rising premiums over the past few years and fear of the unknown when Affordable Care Act changes kick in next year, increasing numbers of employers...

Retiree health care nut drops by $20k — but hold the parade

May 16, 2013

The magic number for health care costs for a 65-year-old couple leaving the workplace this year is $220,000, down from $240,000 last year. In its annual estimate of health care expenses for retirees, Fidelity Investments found a number of factors...

Ponnuru: Conservatives' income equality argument pure tripe

January 20, 2013

Congratulations! The cost of your health insurance is increasing. What? You don't think that's a reason for celebration? Good, you're avoiding a mistake that's far too common among economic analysts, especially Republicans. Academic studies...

Supreme Court ruling an ill wind for these health care stocks

June 28, 2012

The equity markets responded to the surprising level of clarity in the Supreme Court decision on the Obama administration's health care legislation Thursday, sending hospital stocks up and HMO shares down immediately after the announcement....

Advisers must act after Obamacare gets clean bill of health from Supreme Court

June 28, 2012

Following a Supreme Court ruling that the massive health care reform law approved in 2010 is, in fact, constitutional, high-net-worth individuals will be on the hook to pay for the expanded coverage. And that poses a big challenge to investment...

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...

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...

Bought for $881, this LTC policy pays out $1.7M

April 29, 2012

Insurance companies paid some $6.6 billion in LTC insurance benefits to about 200,000 policyholders last year, according to the American Association for Long-Term Care Insurance. The group studied claims data from 10 LTC insurers. While many...

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...

Health care costs, planning take on more importance

March 25, 2012

Call it health care sticker shock. Between the ever-rising costs of health care services, the financially stressed state of the Medicare system and the more modest returns that one can expect from an investment portfolio these days, paying for...

Baby boomers ill-informed about Medicare: Survey

September 28, 2011

Most baby boomers, even those past retirement age, say they don't know much about Medicare, the federal health insurance plan for seniors. Their ignorance could end up costing them money. In a survey conducted by the National Council on Aging...

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,...

Medicare trust fund will be exhausted in 2026, three years earlier than expected

June 5, 2018

The main trust fund behind Medicare, the U.S. health-care program for the elderly and disabled, will be exhausted in 2026, three years earlier than was projected a year ago, the government said Tuesday. Medicare's Board of Trustees blamed the...

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...

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...

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...

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,...

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,...

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