People of color are contributing to retirement accounts at lower rates and are more likely to take early withdrawals, which is why employers need to explore how best to reach these employees, says a new study.
A lawsuit filed Friday outlines a moneymaking scheme by which large insurance sales agency call centers bought names of people who responded to misleading ads touting free government "subsidies."
This new debt forgiveness - for those enrolled in the federal Saving on a Valuable Education (SAVE) Plan - comes days after the president unveiled a sweeping student loan forgiveness proposal providing relief for 30 million Americans.
In a recent speech, President Biden overstated the average monthly cost that patients were paying prior to the Inflation Reduction Act: The out-of-pocket cost for insulin was $58 for a 30-day supply, says a HHS report.
Novo Nordisk's list price for a monthly package of Ozempic is $935.77 before insurance and other rebates, yet it can be manufactured for between $0.89 to $4.73 a month, according to researchers at Yale University.
The White House Office of Management and Budget has concluded its review of the Department of Labor's new Retirement Security Rule, indicating that the controversial new rule will become final sometime this Spring.
The DOL's latest iteration, proposed in 2023 and soon to become final, will ensure that advisors prioritize their clients' best interests when recommending investments, prompting employers to make necessary adjustments.
Increasingly, health system consolidations, which must balance short-term and long-term financial goals, are focused on value-based care, which promotes better care for patients and improved health outcomes at reduced prices.
The Biden administration has announced that it has finalized a new regulation that curbs the use of short-term health insurance plans that do not comply with the Affordable Care Act, limiting the plans to 90 days.
The feds face a year-end deadline to solidify or scuttle payment changes for telehealth services that allow people to "visit" a doctor in their homes, however, it's expected that Congress will "kick the can" past the November election.
DebugScreen: mobile
{
"author": {
"name": "Lynn Cavanaugh",
"webUrl": "/author/profile/lynn-cavanaugh/",
"description": "",
"imageLarge": "https://secure.gravatar.com/avatar/62062a00fbe93c33ef31c11a3faeda3c?s=136&d=mm&r=g",
"estimate": 1470,
"social": [
{
"network": "twitter",
"value": ""
},
{
"network": "linkedin",
"value": ""
},
{
"network": "facebook",
"value": ""
},
{
"network": "googlePlus",
"value": ""
}
],
"articles": [
{
"uri": "/2024/04/16/having-the-conversation-can-401k-plan-design-close-the-race-gender-gap-in-retirement-savings/",
"title": "Have the conversation: 401(k) plan changes can close the racial retirement savings gap",
"byline": "Scott Wooldridge",
"kicker": "Research",
"prettyDate": "April 16, 2024",
"timeToRead": "6 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2024/04/Diversity-and-inclusion-poster-Article-202404111344.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/scott-wooldridge/",
"name": "Scott Wooldridge"
}
],
"kickerNode": [
{
"uri": "/research/",
"sectionName": "Research"
}
],
"summary": "People of color are contributing to retirement accounts at lower rates and are more likely to take early withdrawals, which is why employers need to explore how best to reach these employees, says a new study.",
"body": null
},
{
"uri": "/2024/04/16/aca-plan-switching-scheme-targeted-low-income-consumers-insurance-agents-sued/",
"title": "ACA 'plan-switching' scheme targeted low-income consumers: Insurance agents sued",
"byline": "Julie Appleby, KFF Health News",
"kicker": "News",
"prettyDate": "April 16, 2024",
"timeToRead": "5 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2024/04/ObamaCare-Article-202312061503.jpg",
"width": "558",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/julie-appleby-kff-health-news/",
"name": "Julie Appleby, KFF Health News"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "A lawsuit filed Friday outlines a moneymaking scheme by which large insurance sales agency call centers bought names of people who responded to misleading ads touting free government \"subsidies.\"",
"body": null
},
{
"uri": "/2024/04/15/biden-cancels-yet-another-7-4b-of-student-debt-for-277000-borrowers/",
"title": "Biden cancels yet another $7.4B of student debt for 277,000 borrowers",
"byline": "Alan Goforth",
"kicker": "News",
"prettyDate": "April 15, 2024",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2024/02/Biden-Student-Loan-Debt-Article-202401160838.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alan-goforth/",
"name": "Alan Goforth"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "This new debt forgiveness - for those enrolled in the federal Saving on a Valuable Education (SAVE) Plan - comes days after the president unveiled a sweeping student loan forgiveness proposal providing relief for 30 million Americans.",
"body": null
},
{
"uri": "/2024/04/15/biden-is-right-about-35-insulin-cap-but-exaggerates-prior-costs-for-medicare-enrollees/",
"title": "Were patients really paying '400 bucks a month' for insulin before the $35 price cap?",
"byline": "Samantha Putterman, PolitiFact",
"kicker": "Update",
"prettyDate": "April 15, 2024",
"timeToRead": "5 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2024/04/Insulin-pens-Article-202401171721.jpg",
"width": "0",
"height": "0"
},
"authors": [
{
"webUrl": "/author/profile/samantha-putterman-politifact/",
"name": "Samantha Putterman, PolitiFact"
}
],
"kickerNode": [
{
"uri": "/update/",
"sectionName": "Update"
}
],
"summary": "In a recent speech, President Biden overstated the average monthly cost that patients were paying prior to the Inflation Reduction Act: The out-of-pocket cost for insulin was $58 for a 30-day supply, says a HHS report.",
"body": null
},
{
"uri": "/2024/04/15/1000-a-month-ozempic-costs-5-to-manufacture-yale-study-on-glp-1-drugs/",
"title": "$1,000-a-month Ozempic, new weight loss drug, costs $5 to manufacture: Yale study",
"byline": "Alan Goforth",
"kicker": "Research",
"prettyDate": "April 15, 2024",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2023/11/ozempic1000_F_509900076_78oufXhY9pjZ2HbaH1A4q5phGw0mUoaa-e1701097458948.jpg",
"width": "558",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alan-goforth/",
"name": "Alan Goforth"
}
],
"kickerNode": [
{
"uri": "/research/",
"sectionName": "Research"
}
],
"summary": "Novo Nordisk's list price for a monthly package of Ozempic is $935.77 before insurance and other rebates, yet it can be manufactured for between $0.89 to $4.73 a month, according to researchers at Yale University.",
"body": null
},
{
"uri": "/2024/04/15/controversial-new-dol-fiduciary-rule-coming-soon-as-white-house-office-wraps-up-review/",
"title": "Controversial new DOL fiduciary rule coming soon, as White House Office wraps up review",
"byline": "Scott Wooldridge",
"kicker": "News",
"prettyDate": "April 15, 2024",
"timeToRead": "5 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2018/05/DOL_headquarters-Michael-A.-Scarcella-ALM-Media-dol.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/scott-wooldridge/",
"name": "Scott Wooldridge"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "The White House Office of Management and Budget has concluded its review of the Department of Labor's new Retirement Security Rule, indicating that the controversial new rule will become final sometime this Spring.",
"body": null
},
{
"uri": "/2024/04/12/the-new-dol-fiduciary-rule-how-it-could-change-your-companys-401k-plan/",
"title": "The new DOL fiduciary rule: How it could change your company's 401(k) plan",
"byline": "Nathan Boxx",
"kicker": "Best Practices",
"prettyDate": "April 12, 2024",
"timeToRead": "4 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2021/01/Profitability-Article-202101081727.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/nathan-boxx/",
"name": "Nathan Boxx"
}
],
"kickerNode": [
{
"uri": "/best-practices/",
"sectionName": "Best Practices"
}
],
"summary": "The DOL's latest iteration, proposed in 2023 and soon to become final, will ensure that advisors prioritize their clients' best interests when recommending investments, prompting employers to make necessary adjustments.",
"body": null
},
{
"uri": "/2024/04/12/how-hospitals-and-health-systems-can-align-with-physicians-to-achieve-shared-objectives-412-165284/",
"title": "Value-based care gets a boost, as hospital and health care mergers grow",
"byline": "Travis Jackson and Dexter Golinghorst",
"kicker": "Market Insights",
"prettyDate": "April 12, 2024",
"timeToRead": "5 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2024/04/hospitalstethoscope-dollar-bills-Article-202404110852.jpg",
"width": "620",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/travis-jackson/",
"name": "Travis Jackson"
},
{
"webUrl": "/author/profile/dexter-golinghorst/",
"name": "Dexter Golinghorst"
}
],
"kickerNode": [
{
"uri": "/market-insights/",
"sectionName": "Market Insights"
}
],
"summary": "Increasingly, health system consolidations, which must balance short-term and long-term financial goals, are focused on value-based care, which promotes better care for patients and improved health outcomes at reduced prices.",
"body": null
},
{
"uri": "/2024/04/12/hhs-issues-final-rule-to-regulate-junk-insurance-limiting-access-to-short-term-plans/",
"title": "HHS issues final rule to regulate 'junk' insurance, limiting access to short-term plans",
"byline": "Alan Goforth",
"kicker": "News",
"prettyDate": "April 12, 2024",
"timeToRead": "3 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2024/04/Becerra-Arguments-2019-Article-202403041155.jpg",
"width": "621",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/alan-goforth/",
"name": "Alan Goforth"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "The Biden administration has announced that it has finalized a new regulation that curbs the use of short-term health insurance plans that do not comply with the Affordable Care Act, limiting the plans to 90 days.",
"body": null
},
{
"uri": "/2024/04/12/congress-likely-to-kick-the-can-on-covid-era-telehealth-policies/",
"title": "COVID-era telehealth policies still apply? Congress is likely to delay deadline",
"byline": "Sarah Jane Tribble, KFF Health News",
"kicker": "News",
"prettyDate": "April 12, 2024",
"timeToRead": "4 minute",
"image": {
"uri": "https://images.benefitspro.com/contrib/content/uploads/sites/412/2018/09/1018-Telehealth-MI.jpg",
"width": "616",
"height": "372"
},
"authors": [
{
"webUrl": "/author/profile/sarah-jane-tribble-kff-health-news/",
"name": "Sarah Jane Tribble, KFF Health News"
}
],
"kickerNode": [
{
"uri": "/news/",
"sectionName": "News"
}
],
"summary": "The feds face a year-end deadline to solidify or scuttle payment changes for telehealth services that allow people to \"visit\" a doctor in their homes, however, it's expected that Congress will \"kick the can\" past the November election.",
"body": null
}
]
}
}