FORT WAYNE, Ind. (WANE) — In 2010, Fort Wayne Community Schools faced an annual increase of $1 million in health care costs, which Chief Financial Officer Kathy Friend called “unsustainable.” “You can’t give people raises and be paying increases like that in health care,” said Charles Cammack, the district’s Chief […]
Costs
GE Healthcare Plans to Reduce Debt and Costs, Pursue Tuck-In Acquisitions
General Electric Co.’s healthcare division plans to cut debt, bring down costs and pursue tuck-in acquisitions after its spinoff in early January, finance chief Helmut Zodl said Thursday at an investor event in New York. GE Healthcare, whose stock will trade on the Nasdaq, intends to pursue organic revenue growth […]
Long Covid costs patients an average $9,000 a year in medical expenses
The Covid-19 unit at United Memorial Medical Center in north Houston. Carolyn Cole | Los Angeles Times | Getty Images Long Covid has affected as many as 23 million Americans to date — and it’s poised to have a financial impact rivaling or exceeding that of the Great Recession. By […]
How Are Healthcare Costs Going to Change During Retirement?
costs of healthcare in retirement Healthcare is one of the biggest costs you will face in retirement. In fact, by many estimates, it’s the single biggest cost for retirees. A representative study by Fidelity found that a 65-year-old couple in 2022 will need more than $315,000 to cover their healthcare expenses […]
Mark Hage: Rebalancing Vermont’s health care system and lowering health care costs
This commentary is by Mark Hage, director of benefit programs at Vermont-NEA. This commentary is the last in a series that included pieces by Patrick Flood and Julie Wasserman. We linked arms to make the case that a more affordable and equitable health care system is within Vermont’s reach. But […]
Minister Hutchings highlights government’s plan to cut child care costs and build an economy that works for everyone
CHARLOTTETOWN, PE, Nov. 7, 2022 /CNW/ – In the recent 2022 Fall Economic Statement, the Government of Canada highlighted its plan to continue its sound stewardship of the economy and to be there for Canadians. To help families cope with increasing costs, like rising prices at the checkout counter, the government is […]
Even With the COLA, Healthcare Costs Will Eat Into Social Security, Says Report
Text size Healthcare costs are significant part of most retirees’ expenses. Don Emmert/AFP/Getty Images A couple retiring next year at age 65 can expect to spend about 70% of their lifetime Social Security benefits on healthcare costs alone, according to a new study. These findings come despite the recent good […]