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Private health insurance premiums to reach new record …

WEBWhile the increase in 2022 was 0.67%, last year saw a 4% surge and 2024 is set to repeat this to take the average cost of private health insurance premiums to $584 …

Actived: 5 days ago

URL: https://www.investmentnews.com/industry-news/news/private-health-insurance-premiums-to-reach-new-record-high-this-year-247842

HSA enrollees use health care services differently to those …

WEBLooking at the costs of health care for each plan type, HSA plans spent $61.30 per member per year more on inpatient care relative to PPOs, and an additional …

Category:  Health Go Health

HSA balances continue to grow along with usage

WEBDespite the overall positive trends in HSA contributions and balance growth. the report also found more than half of HSAs saw withdrawals in 2022, with the average …

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Estimated health expenses in retirement increase again: …

WEBThe EBRI study found that a 65-year-old man enrolled in a Medigap plan with average premiums will need to have saved $106,000 to have a 50 percent chance …

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2023 was boom year for health savings accounts

WEBMarch 26, 2024. By Leo Almazora. Health savings account assets saw significant growth across the US in 2023, and there’s more to come in the years ahead, according to a new …

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Giving back to health care providers through financial …

WEBSafran serves roughly 14 clients in the health care profession who are in their early to mid-50s or coming out of medical school. Her ultimate goal, she says, is to …

Category:  Medical Go Health

HSAs, an adviser favorite, just don’t get much love

WEBThe federal government defines “high deductible” in 2021 as a plan with a minimum deductible of $1,400 for an individual and $2,800 for a family. The maximum …

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It’s official: Health care costs trump retirees’ other concerns

WEBMarch 28, 2024. By Leo Almazora. While retirees are concerned about exhausting their savings and the impact of inflation, anxiety over health care expenses weighs heaviest …

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Shining a spotlight on financial well-being

WEBAdvisors say January is the perfect time to check in with clients about their financial health and goals. January 30, 2024; By Josh Welsh

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Retiree health care costs to rise despite Medicare …

WEBAnd the $5.20 decline in monthly Medicare Part B premiums — only the third time in the program’s history that premiums have declined — follows an outsized 14.5% …

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Medicare rules differ for small business owners and employees

WEBMonthly premiums that include high-income surcharges for Medicare B range from $187.50 to $428.60. Rates are per person so a retired couple where both …

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Long-term care premium hike: Round three

WEBThe 2020 policy adjustment followed a 23% premium increase in 2012. Translated into dollars, the initial premiums for our two policies were about $3,800 a …

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How to respond to a long-term care premium hike

WEBWith 5% compound inflation, our initial $200-per-day benefit has nearly doubled, to $397 — about the cost of care for a private room in a nursing home today. …

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Best Places to Work for Financial Advisors in the USA

WEBWorking to expand its own team, Best Places to Work winner JMG Financial Group has increased its employee count by 45 percent since 2020. To better focus on …

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John Hancock testing wellness programs for long-term

WEBJohn Hancock is the third-largest underwriter of traditional long-term-care policies, covering about 1 million individuals, according to the most recent data from the …

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States approving bigger rate increases for long-term care policies

WEBIn 2016 and 2017, the insurer raised premiums an average 28% each year. (More: Genworth move could signal big shift in distribution of long-term-care insurance) …

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How advisors are maintaining a healthy heart

WEBKraus says it’s important for advisors to share that information with clients who are looking to improve their lifespan, health span and their financial wealth. Kraus …

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Doctors and nurses staggered by impact of student loan payments

WEBThe nurses surveyed reported an average pretax income of $80,695, with average student loan debt of $40,611. Doctors reported even higher figures, earning an …

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Financial stress is a major contributor to poor health, say academics

WEBA new study found that financial stress is potentially highly damaging to the interaction of the body’s essential infrastructure including our immune, nervous, and …

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