Health Care Pension Problems

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States’ Unfunded Pension Liabilities Persist as Major Long-Term

(3 days ago) Like public pension liabilities, the cost of unfunded retiree health care benefits promised to public employees is greater than what states owe in debt. But unlike public pensions, states have set aside far less to cover the long-term costs of retiree health care liabilities—also known as other post-employment … See more

https://www.pewtrusts.org/en/research-and-analysis/articles/2022/07/07/states-unfunded-pension-liabilities-persist-as-major-long-term-challenge

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A Look at Hospital and Health Care System Pensions

(9 days ago) WEBProblems With Pensions. Novak says NEPC saw that about 54% of health care organizations had a pension funded status of more than 90% in 2019, but as of …

https://www.plansponsor.com/in-depth/look-hospital-health-care-system-pensions/

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How the Health Care Industry Views Retirement Plan …

(Just Now) WEBConsequently, since January 2021, roughly 4 in 10 (39%) health care organizations have begun offering or already enhanced their match to their employees’ retirement plan contributions. Health care …

https://www.asppa.org/news/how-health-care-industry-views-retirement-plan-issues

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Postal service reform bill would shift retirees health care costs to

(8 days ago) WEBA US Postal service employee unloads mail at a facility on February 10, 2022 in Houston, Texas. On February 8, the House of Representatives passed the …

https://www.npr.org/sections/health-shots/2022/02/24/1082248921/postal-service-reform-act-medicare

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CT's pension debt gets attention, but retiree health care is worse off

(Just Now) WEBBut retiree health care — also known as Other Post-Employment Benefits or OPEB — is worse off by one key metric. Connecticut’s pension funds for teachers and …

https://ctmirror.org/2023/10/26/ct-retiree-health-care-funding-budget/

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The influence of late retirement on health outcomes among older …

(3 days ago) WEBBackground. Population aging has increasingly become an urgent global issue. Economic challenges emerge as the social dependency ratio keeps growing [], …

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8077823/

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Americans’ Challenges with Health Care Costs KFF

(9 days ago) WEBA February 2024 KFF Health Tracking Poll shows unexpected medical bills and the cost of health care services are at the top of the list of people’s financial …

https://www.kff.org/health-costs/issue-brief/americans-challenges-with-health-care-costs/

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Health reform: How to improve U.S. health care in 2020 and beyond

(8 days ago) WEBSenate Health, Education, Labor and Pensions Committee highlights the need for improved maternal health care and more in the latest Advocacy Update …

https://www.ama-assn.org/about/leadership/health-reform-how-improve-us-health-care-2020-and-beyond

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A Common-Sense Strategy for Fixing State Pension …

(1 days ago) WEBRestoring underfunded state and local workers’ pension programs to full fiscal health is a long-term goal for state policymakers that should be accomplished with moderate, common-sense steps, rather …

https://www.cbpp.org/research/a-common-sense-strategy-for-fixing-state-pension-problems-in-tough-economic-times

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Medicare Expansion Clashes With Health Care for the Poor as …

(9 days ago) WEBSept. 20, 2021. WASHINGTON — Democrats are facing tough moral and political decisions over how to pursue their century-old dream of universal health care now that their …

https://www.nytimes.com/2021/09/20/us/politics/medicare-health-care-poor-budget-bill.html

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America’s health care crisis is much deeper than COVID-19

(1 days ago) WEBRealigning our health system around the need to prevent and treat chronic disease, which affects some 100 million people in the U.S. and represents more than 80 …

https://www.ama-assn.org/about/leadership/america-s-health-care-crisis-much-deeper-covid-19

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Misunderstandings Regarding State Debt, Pensions, and Retiree …

(9 days ago) WEBSummary. A spate of recent articles regarding the fiscal situation of states and localities have lumped together their current fiscal problems, stemming largely from …

https://www.cbpp.org/research/misunderstandings-regarding-state-debt-pensions-and-retiree-health-costs-create

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How You Can Tackle Health Care Costs in Retirement Kiplinger

(7 days ago) WEBTo have a 90% chance of covering health care costs in retirement, the average man will need $184,000 in savings; women will need $217,000. Should You …

https://www.kiplinger.com/retirement/managing-health-care-costs-in-retirement

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New CT debt report offers sobering look at state finances

(9 days ago) WEBAn analysis shows CT's health care program for retired state workers, by one metric, was the fifth-worst funded among all states in 2019. pension and bonded …

https://ctmirror.org/2023/05/12/ct-pension-debt-report-budget-retirement-health-care-pew/

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Changes at UNC, ECU could cost NC pension plan $1 billion or

(1 days ago) WEBThe new law also instructs UNC and ECU to work together to tackle issues in rural health care. Its lead backer at the state legislature, Sen. Ralph Hise, R-Mitchell, …

https://www.wral.com/story/changes-at-unc-ecu-could-cost-nc-pension-plan-1-billion-or-more-state-treasurer-says/21106732/

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The states where private equity has the most sway over housing, …

(8 days ago) WEBGeorgia and Arizona rank high for housing, New Mexico for health care, Massachusetts for jobs and Louisiana and Michigan for pension risk. IE 11 is not …

https://www.nbcnews.com/news/us-news/states-rank-private-equity-influence-housing-health-care-jobs-pensions-rcna146818

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Hospitals Face Financial Pressures as Costs of Caring Continue to …

(Just Now) WEBThe AHA’s new Costs of Caring report highlights how hospitals and health systems continue to experience significant financial pressures that challenge their ability …

https://www.aha.org/news/perspective/2024-05-10-hospitals-face-financial-pressures-costs-caring-continue-surge

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The Myth That Public Workers Don’t Care About Pensions

(9 days ago) WEBThe Myth That Public Workers Don’t Care About Pensions. of public-sector worker shortages since closing its two defined-benefit pension plans in 2005.

https://www.governing.com/workforce/the-myth-that-public-workers-dont-care-about-pensions

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Retired coal miners get health care fix, but pension problems …

(1 days ago) WEBIn addition to the health care fix, the bill would have diverted interest money from the ongoing Abandoned Mine Reclamation Fund to the miners’ pension funds, …

https://www.pbs.org/newshour/politics/retired-coal-miners-get-health-care-fix-pension-problems-remain

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The struggle for coal miners’ health care and pension benefits …

(6 days ago) WEBEarlier this year, Sen. Joe Manchin, a Democrat from West Virginia, introduced the American Miners Act of 2019 to shore up pension and health care …

https://theconversation.com/the-struggle-for-coal-miners-health-care-and-pension-benefits-continues-112906

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Best Health Insurance For Retirees Of 2024 – Forbes Advisor

(3 days ago) WEBCost of Health Insurance for Retirees. It costs an average of $994 per month for health insurance for a 60-year-old, Forbes Advisor’s analysis of ACA plan rates …

https://www.forbes.com/advisor/health-insurance/best-health-insurance-for-retirees/

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Portability of Pension, Health, and other Social Benefits: Facts

(5 days ago) WEBpensions and health care benefits. This promising approach may serve both as a substitute and complement to bi- and multilateral agreements. HUMAN DEVELOPMENT …

https://documents.worldbank.org/curated/en/613941468170350968/pdf/627250NWP00111000PUBLIC00BOX361489B.pdf

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7 Best Health Insurance Plans for Retirees and Seniors

(7 days ago) WEBBest if you have a low income: Medicaid. Best Medicare Advantage: Humana. Best Medicare Supplement: Plan G from AARP/UnitedHealthcare. Best prescription drug …

https://www.valuepenguin.com/best-health-insurance-retirees-seniors

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Cyberattack disrupts operations at major US health care network

(6 days ago) WEBA cyberattack has disrupted “clinical operations” at major health care nonprofit Ascension, forcing it to take steps to minimize any impact to patient care, an …

https://www.cnn.com/2024/05/08/tech/cyberattack-disrupts-healthcare-network/index.html

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Another looming CT fiscal challenge: State retiree health care

(4 days ago) WEBBut retiree health care — also known as Other Post-Employment Benefits or OPEB — is worse off by one key metric. Connecticut’s pension funds for teachers and …

https://www.courant.com/2023/10/26/cts-pension-debt-gets-attention-but-retiree-health-care-is-worse-off/

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Changes to the NHS Pension Scheme to attract and retain staff

(9 days ago) WEBRead about the changes that introduced more flexibility on retirement and addressed pension tax issues caused by rapidly rising inflation. Join us at …

https://www.nhsemployers.org/articles/changes-nhs-pension-scheme-attract-and-retain-staff

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Bankrupt Steward Health puts its hospitals up for sale, discloses $9

(2 days ago) WEBBankrupt Steward Health Care has put all of its 31 US hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total …

https://www.cnn.com/2024/05/07/business/steward-health-puts-hospitals-up-for-sale/index.html

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U.S. health care is increasingly like a casino - Axios

(2 days ago) WEBBut in the post-pandemic era, it's become clear that having insurance is only the first step toward receiving quality care. Why it matters: Where Americans live, their …

https://www.axios.com/2024/05/10/health-insurance-quality-care

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The health care problems that money doesn’t want to solve

(8 days ago) WEBSome of America's most challenging behavioral health care problems include a key disadvantage: They're not very profitable to treat. Why it matters: Serious mental illness …

https://www.msn.com/en-us/health/other/the-health-care-problems-that-money-doesn-t-want-to-solve/ar-BB1hq2oX

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Money Worries Top Seniors' List of Health-Related Concerns: Poll

(5 days ago) WEBOther topics rounding out the top 10 health issues included access to quality assisted living (38%), overall quality of health care (35%), inaccurate or misleading …

https://www.healthday.com/health-news/general-health/money-worries-top-seniors-list-of-health-related-concerns-poll

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DOJ announces task force on health care monopolies and collusion

(6 days ago) WEBThe task force will consider widespread competition concerns shared by patients, health care professionals, businesses and entrepreneurs, including issues …

https://www.aha.org/news/headline/2024-05-10-doj-announces-task-force-health-care-monopolies-and-collusion

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Governor Newsom Unveils Revised State Budget - California …

(7 days ago) WEBThe Governor is solving two years of budget problems in a single budget, tightening the state’s belt to get the budget back to normal after the tumultuous years of …

https://www.gov.ca.gov/2024/05/10/revised-state-budget-may-2024-25/

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Ascension Health, largest Catholic hospital chain in the US, hit by

(2 days ago) WEBAscension Health, largest Catholic hospital chain in the U.S., hit by cyberattack, disrupting patient care The attack follows another one that has caused a …

https://www.nbcnews.com/business/business-news/ascension-health-cyberattack-disrupts-patient-care-what-happened-rcna151462

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KFF Health Tracking Poll May 2024: Voters’ Views of Health Policy

(Just Now) WEBWhen it comes to trust of the presumptive 2024 presidential candidates, larger shares of voters trust President Joe Biden than former President Donald Trump on …

https://www.kff.org/medicare/poll-finding/kff-health-tracking-poll-may-2024-voters-views-of-health-policy-issues-in-context-of-presidential-campaigns/

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Biden accuses Trump of 'coming for your health care' in new - NPR

(7 days ago) WEBA new KFF survey found Biden has an edge with independent voters when it comes to health care issues. Independents trust Biden more than Trump to ensure …

https://www.npr.org/sections/health-shots/2024/05/20/1252453299/biden-campaign-ad-obamacare-trump

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Advocacy Groups Aim To Tackle Mental Health, Heart Issues …

(7 days ago) WEBNational developmental disability advocacy groups are inking multimillion-dollar partnerships with some big players in health care in a push to better address co …

https://www.disabilityscoop.com/2024/05/21/advocacy-groups-aim-to-tackle-mental-health-heart-issues-among-those-with-idd/30889/

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Do Not Use Cue Health’s COVID-19 Tests

(3 days ago) WEBDate Issued: May 13, 2024. The U.S. Food and Drug Administration (FDA) is warning home test users, caregivers, and health care providers not to use Cue Health’s COVID-19 …

https://www.fda.gov/medical-devices/safety-communications/do-not-use-cue-healths-covid-19-tests-due-risk-false-results-fda-safety-communication

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