Blog
As debt ceiling measures approach their deadline, both parties grapple with how to pass their initiatives. WHAT YOU NEED TO KNOW Congress is off to its slowest start in decades with major legislation stalled until late spring/early summer. Decisions on the budget and debt ceiling have been elusive, and time is running short. Banking, defense, and energy-related issues enjoy a modicum of bipartisan agreement, but passing anything will have varying degrees of success. Congress is off…
Read MorePolicy expert Jeff Bush says the new law furthers the ‘Rothification’ of the U.S. retirement system. Find out how Social Security shortfalls and tax policy changes could affect your retirement goals. Key Takeaways The SECURE 2.0 Act gives retirement savers—and their employers—more flexibility with withdrawal time frames, expenses savings can cover, and more. The clock is ticking on Social Security’s long-term viability as the government grapples with funding issues. Given potential tax code changes, allocating assets…
Read MoreKEY POINTS Drugmaker Eisai said the Veterans Health Administration will cover its Alzheimer’s treatment Leqembi, which costs $26,500 per year. Veterans with early Alzheimer’s who meet certain VHA criteria can get the treatment covered, according to Eisai. Medicare essentially is not covering Leqembi right now, which means it’s out of reach for the overwhelming majority of seniors. The Veterans Health Administration will cover Eisai and Biogen’s Alzheimer’s treatment Leqembi, the companies announced Monday. In a statement, drugmaker Eisai…
Read MoreTricia Brooks, Allexa Gardner, Peyton Yee, Jennifer Tolbert, Bradley Corallo Follow, Sophia Moreno, and Meghana Ammula Published: Mar 16, 2023 In the third year of the COVID-19 public health emergency (PHE), Medicaid enrollment continued to increase albeit at a slower pace than in the first two years of the coronavirus pandemic. Since March 2020, states have provided continuous enrollment in Medicaid in exchange for enhanced federal funding. This continuous enrollment provision and enhanced federal funding were originally in…
Read MoreYou may be familiar with the classic symptoms of burnout. When colleagues feel overwhelmed each time a new request comes their way, they’re not engaged in office culture, and they’re uncharacteristically underperforming – it’s likely they’re experiencing burnout. You may even be suffering from your own symptoms of burnout. Reaching this point of chronic stress may take months or even years, but it could also come on quicker, stemming from overwhelming stress at work or in…
Read MoreNow, more than ever, the pressure is on for single parents who work full-time while caring for their children. Eight percent of full-time employees are single parents, while 60 percent of American households are supported by two incomes. Although single parents might make up a relatively small portion of the full-time workforce, offering better support and flexibility could make full-time work possible for more of them and make life more manageable for those single parents already employed…
Read MoreFor many employees, work is not limited to the workday and expands to include the role of caring for loved ones at home before, after, and often during their jobs. Not surprisingly, organizations who offer caregivers more empathetic benefits policies and programs are viewed more favorably. The end result being a more loyal, committed, caregiver workforce. Caregivers are a growing part of the American workforce About 23 million Americans provide ongoing care for anill or…
Read MoreNearly 23 million Americans work a full- or part-time job while also providing care for an ill or disabled parent, spouse, or child. As the COVID-19 pandemic closes schools and childcare facilities, even more of the US workforce is caring for a child or family member while working. Now more than ever, employer support and workplace benefits that address caregivers’ needs are necessary for this growing segment of the US workforce. Here are strategies that employers…
Read MoreLong-term care planning is important for everyone, but it is arguably most important for women. Why? Longevity and caregiving. Women live longer than men. Women outlive men by about five years on average. Women who are married tend to outlive their husbands. A woman born in 1960 has a life expectancy of 73 years, compared to 67 years for a man born in the same year. Women who reach age 65 can expect to live…
Read MoreWe are about to embark, once again, on Joe Namath season! That is the “open season on seniors” when people enrolled in the Medicare system are bombarded with information, phone calls, fliers in the mail, and random salespeople walking up to their doorsteps. It’s a frustrating season for the consumer and Medicare Insurance agents alike. Our clients see the commercials and always have the feeling, “What am I missing out on?” The commercials are full of…
Read More