Month: May 2022
Compensation for American workers increased rapidly in the first quarter, as a tight labor market put more money in workers’ pockets while keeping inflation under control. Without adjusting for seasonality, business and government employers spent 4.5 percent more on worker costs in the first quarter compared to the same period a year ago, according to ...
In 2023, you can save up to $3,850 with an individual health insurance plan, up from $3,650 in 2022, the IRS announced Friday. And you can soon contribute up to $7,750 with a family plan, boosted from $7,300.
After months of declining numbers, California has recorded a nearly 30% increase in coronavirus cases over the last week along with smaller rises in hospitalizations, causing some health officials to suspect that the state is headed into a new pandemic wave. The increase coincides with a loosening of COVID-19 restrictions such as mask mandates and ...
California’s population declined again in 2021 for the second consecutive year, state officials said Monday, the result of a slowdown in births and immigration coupled with an increase in deaths and people leaving the state.
In an era of rising inflation and trillion-dollar deficits, there appears to be growing bipartisan support for fiscal restraint. President Biden’s recent budget proposal featured more than $1 trillion in deficit-reducing policies. And his administration is now promising that the proposals once comprising the president’s Build Back Better agenda will be, at worst, deficit neutral. But despite ...
Unauthorized immigrants over age 49 who fall below certain income thresholds are now eligible for full coverage by Medi-Cal, California’s version of Medicaid, the federal-state partnership that provides health insurance to low-income people.
For Medicare beneficiaries wondering whether their Part B premiums could be reduced, the waiting continues. More than three months after Health and Human Services Secretary Xavier Becerra ordered a reassessment of this year’s $170.10 standard monthly premium — a bigger-than-expected jump from $148.50 in 2021 — it remains uncertain when a determination will come and ...
California’s budget surplus has more than doubled since January to a staggering $68 billion, Senate Democrats said Thursday, prompting a flurry of new spending proposals from lawmakers that include giving $8 billion back to taxpayers in a move that highlights a disagreement with Gov. Gavin Newsom. While the pandemic had prompted warnings of multibillion-dollar budget ...
Spending on medicines in the United States, at estimated net manufacturer prices, reached $407 billion in 2021, up 12% over 2020, as COVID-19 vaccines and therapeutics became widely available and added $29 billion in related spending. That’s according to a new U.S. Medicines Trends 2022 Report, released today by the IQVIA Institute for Human Data Science. In ...
Nurses from Stanford and Lucile Packard Children’s hospitals who went on strike last week are set to return to work Tuesday after their union reached a tentative agreement on Friday with Stanford Health Care.The agreement, if ratified Sunday, will put an end to the nearly week-long strike that union members had overwhelmingly approved as they ...