Big 2022 Social Security COLA announced after much speculation
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Big 2022 Social Security COLA announced after much speculation

Social Security recipients are looking forward to the largest cost of living adjustment in four decades in January. The tradeoff, however, is that they may need that added income to counter rising inflation. “COLAs are intended to protect the buying power of Social Security benefits but, according to consumer price data through July of 2021,…

What does the infrastructure bill have to do with Medicare drug rebates?

What does the infrastructure bill have to do with Medicare drug rebates?

The Senate’s release of its bipartisan infrastructure plan signals that lawmakers are poised to throw former President Donald Trump’s belated bid to lower Medicare drug prices under the bus — not to mention trains, bridges, tunnels and broadband connections. That’s because the massive spending bill is the first of two likely to at least delay the so-called…

Employers: Tie health insurance rates to vaccination status?
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Employers: Tie health insurance rates to vaccination status?

(Bloomberg Opinion) –With the highly transmissible delta variant spreading rapidly in the U.S. and COVID-19 vaccine uptake in some areas still disappointingly low, it makes sense to push every lever available to get people protected. One underused tool is the cost of health coverage. Health insurance is a significant expense for many Americans and could…

Claiming Social Security: Too many think it’s “as simple as flipping a switch”

Claiming Social Security: Too many think it’s “as simple as flipping a switch”

Lack of knowledge about Social Security is like getting a new job but not asking when you would start and how much you would make. When it comes to Social Security benefits, many Americans may be leaving a lot of money on the table – but financial professionals and employers can help with that, according to…