Healthcare Minimum Wage Expected To Cost $4 Billion In First Year As California Budget Deficit Looms

When Gov. Gavin Newsom signed a law that set a first-in-the-nation minimum wage for healthcare workers, three words in a bill analysis foretold potential concerns about its cost: “Fiscal impact unknown.”

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Employers Seek To Balance Employee Needs, Health Care Costs As They Look To Future

Containing rising health care costs while recruiting and retaining a talented workforce is a challenge for employers. However, 6 in 10 are implementing initiatives to address both.

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Small Group Annual Special Open Enrollment Window: Nov. 15 – Dec. 15

The Affordable Care Act (ACA) requires medical health insurers to offer an annual one-month Special Open Enrollment Window (SOEW), when eligible Small Group employers can purchase medical coverage without having to meet standard employer-contribution and/or employee-participation ratios.

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Why Benefits Consultants Believe Integrated Health Care Navigation Can Reshape Health Care

Faced with tough decisions and trade-offs, employers are leaning more than ever on benefits consultants for trusted advice to help them manage the myriad choices available and plot a strategic course for their employee health care benefits.

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CMS Finalizes 2024 Medicare Hospital, Doctor Payments, 340B Fix And Price Transparency Requirements

Regulators finalized a number of rules Thursday with sweeping implications for providers in the Medicare program, including rates for next year that doctors and hospitals slammed as insufficient.

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IRS Raises 401(k), IRA Contribution Limits For 2024

The IRS on Wednesday raised the amount that Americans can set aside for retirement in their 401(k) and other tax-deferred plans next year. Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401(k), an increase of $500 from this year. The increase applies to other retirement savings accounts, including the ...

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New California Law Offers Fresh Protection From Steep Ambulance Bills

Last year, Jennifer Reisz’s college-age daughter, Megan, was kicked in the chest multiple times by the family’s horse. Megan fell to the ground, unable to move or speak. Though she was alone, her Apple Watch detected her distress and called 911. She was taken to a hospital in Clovis, a city in Fresno County, near ...

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Medical Debt Is Disappearing From Americans’ Credit Reports, Lifting Scores

The share of American consumers with medical debt on their credit reports has declined dramatically over the past year as major credit rating agencies removed small unpaid bills and debts that were less than a year old, according to a new analysis from the nonprofit Urban Institute. At the same time, millions of Americans have seen their ...

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Biden Administration Proposes Capping Broker Payment In MA, Following Pressure

The CMS proposed a rule on Monday to stop brokers from steering beneficiaries to certain plans, in regulators’ latest move to curb MA marketing misconduct.

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California Healthcare Provider’s Move Shows Pitfalls Of Medicare Advantage

Many people on Medicare look the other way when the program’s annual enrollment period rolls around, preferring simply to ignore the hassle. But for thousands of seniors in San Diego, California, Medicare enrollment this year has become a confusing scramble to find new insurance – or new health providers. Scripps Health, a major Southern California ...

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