A four percent annual increase in the average claim size is responsible for the growth of long-term care liability costs, according to a study on 2011 long-term general and professional liability actuarial analysis by the Aon Corporation and the American Health Care Association.

Even with an economy in distress, Americans are optimistic about their personal finances, and those who have planned have a more upbeat outlook.

New Jersey legislation requiring public workers to shoulder a larger portion of their pension and health benefits costs and restricting collective bargaining over health care picked up steam this week.

Another day, another wave of controversy over the McKinsey report.