Average HSA Balances Hit Record High

Average health savings account balances reached a record high of $5,532 in 2024, a new report from the Employee Benefit Research Institute found. More than half of account holders took distributions, and nearly 20% invested HSA funds in non-cash assets. As employees gain experience with their HSA accounts, they are more likely to both contribute ...

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Morning Coffee Could Interfere With Popular Weight-Loss Pill, Doctors Warn

Those who take oral glucagon-like peptide-1 (GLP-1) medications, such as Wegovy tablets, are advised not to take the medication with morning coffee or tea. According to FDA prescribing information, Wegovy tablets should be taken on an empty stomach with up to 4 ounces of water — and no other liquids. Patients should wait at least 30 ...

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California Weighs Penalties For Healthcare Providers That Don’t Rein In Costs

California is weighing stiff penalties for hospitals and other healthcare entities that don’t stay under state spending limits, potentially levying hundreds of millions of dollars in fines if these providers don’t take steps to rein in rising healthcare costs. If the state Office of Health Care Affordability adopts the fines next week, hospitals, medical groups, ...

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Mark Cuban Says You Can’t Fix Healthcare Until Every Price Is Known

The ongoing debate over the U.S. health system shouldn’t be based on whether the government or the private sector is the dominant player, billionaire entrepreneur Mark Cuban said this week. The bigger issue, he said, is whether the system’s participants are transparent about what they charge and what they pay. “I’m not opposed to single-payer ...

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Will California Vote ‘Progressive’ In Insurance Commissioner Race?

Jane Kim, backed by Bernie Sanders, could ride the progressive wave. Ben Allen has the CA Democratic party’s endorsement for the insurance commissioner job.

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U.S. Employer Health Care Costs Projected To Climb 9.5% In 2027

Employer health care costs in the United States are projected to rise 9.5% in 2027, according to professional services firm Aon plc — pushing average costs above $19,000 per employee.

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