Photo: Justin Sullivan/Getty Images (Getty Images) According to a recent report (pdf) by Deloitte, out-of-pocket healthcare expenses cost women $15 billion more per year than men in the US. The report, which analyzed health insurance data from 2017 to 2022, raises questions about how businesses and health insurers can help close this gender gap. The …
Luis Alvarez | Digitalvision | Getty Images High health-care costs are disproportionately impacting women in the U.S. workforce. A recent analysis of employer-sponsored health plans from Deloitte Consulting reveals that working women spend $15.4 billion more annually in out-of-pocket health expenses compared to men. On average, women spend 18% more than men on copays and …
There’s Eli Lilly (LLY), and then there’s everybody else. That’s a simple way to describe the performance of the Club’s health-care holdings so far this year, in what’s been a challenging period for the industry overall. Of the 11 market sectors year to date, health care is the fourth worth-worst performer, falling 4%, followed by …
Maskot | Maskot | Getty Images When it comes to allocating money among various account types, savers often find themselves faced with a daunting challenge. With 401(k) plans, individual retirement accounts, 529 plans, high-yield savings accounts, taxable brokerage accounts, flexible spending accounts, health savings accounts, and more, the options can feel overwhelming. Each individual has …
Did you know that more than 1 in 3 people who divorce in the United States are age 50 or older? And 1 in 4 are 65 or older? These statistics come from a 2022 analysis published in the Journals of Gerontology. Divorcing as you near retirement—or after you’ve retired—comes with a unique set …
Imagine this scenario: You arrive home exhausted after a lengthy day. As you approach your front door, you reach into your pocket for your keys, only to discover that they’re not there. Panic sets in as you realize that you’re locked out of your own home. Fortunately, there are locksmiths on standby to assist you …
The auto insurance industry in the U.S. is facing major challenges and is in need of solutions. Insurance companies are grappling with the rising costs of doing business, leading to increasing premiums for drivers across the country, as reported by The Washington Post. Gen Z and Millennials Are Having Trouble Making Car Payments On Time …
A recent analysis published by the Urban Institute reveals that adults who are eligible for Medicaid but not enrolled in the program are more prone to delaying medical care due to costs. The survey highlights that 21.4 percent of non-Medicaid enrolled individuals experience delays in medical care due to the affordability factor, compared to only …
US President Joe Biden addresses the issue of reducing healthcare costs during a speech in the East Room of the White House in Washington, DC, on August 29, 2023. Saul Loeb | AFP | Getty Images WASHINGTON — President Joe Biden has prioritized the reduction of individual health-care costs as he campaigns for re-election in …
A recent study conducted by the RAND Corporation and Castlight Health experts reveals that employer-provided private insurance funds spent on mental health services have increased by more than 50% since the onset of the COVID-19 pandemic. The study, published in JAMA Health Forum, analyzes data from January 2019 to August 2022 and shows a 53.7% …