While older workers tend to be more concerned about retirement than their younger colleagues, the survey found that the most dramatic shift in attitudes toward retirement security has been among the under-40 set.Read More
Each participating company would pitch in to implement and maintain the network, with the cost likely to be based on a subscription model, including the number of participating employees and retirees and how much their medical care costs. Read More
A Healthcare Information and Management Systems Society survey found that almost 90 percent of respondents plan to complete their conversion to the new federally mandated ICD-10 medical codes used to report medical diagnoses and inpatient procedures by the Oct. 31, 2013, deadline.Read More
The total number of states receiving grants to establish state health insurance exchanges rose to 34 with the issuance of $229 million in federal funds to 10 states Feb. 22.Read More
Out-of-pocket costs on drugs and medical insurance are the second most costly item for older folks.Read More
The survey, conducted by the not-for-profit Integrated Benefits Institute in San Francisco, indicates that the C-suite is increasingly involved in decisions regarding health benefits and the overall wellness of workers.Read More
In recent guidance by the departments of Labor, Health and Human Services and the Internal Revenue Service, the agencies said the requirement will not go into effect until regulations are issued.
The number of older U.S. workers will continue growing, perhaps at a greater pace than observers expected several years ago, because of the Great Recession's negative effect on worker savings, employers' desire to retain skilled workers, and rising health care costs that are keeping more older employees in the workforceRead More
A survey of 300 small-business owners in New York found that 84 percent believe health insurance exchanges, which will be in place in 2014 under the Patient Protection and Affordable Care Act, are a good idea; 76 percent said they would consider using an exchange when enrolling employees in a health program.
Employers, such as hospitals and universities, that are affiliated with religious organizations would have to comply with the requirement for health care plan years that begin one year later.Read More