A Glassdoor survey finds about 60% of people name benefits as the No. 1 consideration before accepting a job, with health insurance the most important. Other priority benefits are dental insurance, life insurance, retirement plans, sick leave, flexibility, tuition reimbursement, paid parental leave and gym discounts.
Traditional pensions are disappearing and most retirees will have to do their own preparation for retirement, which, because of increasing longevity, could last for 20 years or more. Only 30% of current and future retirees have the financial knowledge they will need to make important decisions about saving and investing for retirement, according to a report from Aegon.
A study by Harvard University researchers found almost 75% of US workers have caregiving responsibilities, 32% have left a job due to problems with work-life balance, and more than 80% said caregiving duties at home prevent them from giving their best performance at work. The study found more than half of employers said they did not track workers' responsibilities outside of work.
Successful investors create a long-term investment plan and stick with it, even during times of volatility. It is important to put enough income into investment savings and make sure the plan is diversified, while looking for low-fee investments and focusing on after-tax returns.
The Medicare Payment Advisory Commission voted unanimously to recommend the consolidation of hospital quality initiatives into a single program linking Medicare payments to the quality of care, arguing the move would prevent confusion and overlapping requirements. The commission outlined recommendations for a program called the Hospital Value Incentive Program and said it should start in 2020 and increase the payment rate for acute care hospitals by 2% over this year.
The CMS unveiled its proposed notice of benefit and payment standards for Affordable Care Act plans for the 2020 coverage year and it includes proposals to lower ACA user fees, allow insurers to adopt midyear prescription formulary changes and increase the annual cost-sharing limit to $8,200 for self-only coverage and $16,400 for family coverage. The agency also asked for comments on how it might address the practice of silver-loading -- concentration of premium increases in silver plans -- and indicated support for a legislative fix enabling cost-sharing reduction payments to resume.
Rep. Anna Eshoo, D-Calif., chair of the Energy and Commerce health subcommittee, said she would hold hearings on several "Medicare-for-all" proposals, asking legislators who sponsored the bills to testify about what their legislation does and answer member questions. Energy and Commerce Committee Chair Rep. Frank Pallone Jr., D-N.J., has not been interested in hearings, saying the proposal does not have enough votes to pass.
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Ideals are like stars; you will not succeed in touching them with your hands. But like the seafaring man on the desert of waters, you choose them as your guides, and following them you will reach your destiny.
Carl Schurz, Union Army general and American statesman
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