The partnership seeks to automate health care price data to reduce administrative and contracting burdens for individuals, employers and health care providers.
Tag: health care costs
Health savings accounts and direct primary care can help keep medical bills from spiraling out of control.
The total projected cost of health care for a healthy couple retiring at age 65 is now well in excess of $300,000.
Having an HSA going into retirement is ‘incredibly powerful,’ experts say, because money is being saved and spent as efficiently as possible.
Improving health care literacy can help employees make the right financial decisions.
The projected cost of health care for the average couple retiring today is up 30% from 10 years ago, according to new data shared by Fidelity, underscoring the need to muster more holistic financial planning resources for workers and retirees.
Those who have a health savings account are more certain about how they will cover future health care costs.
However, they are worried about health care costs.
In addition to decreasing savings to retirement plans, one-third of employees say they have used up all or most of their savings or have increased their credit card debt due to health care costs, a survey finds.
A new “Cost of Long-Term Care” analysis published by Moll Law Group underscores the fundamental difficulty of planning for the health care unknowns faced by all retirement savers.
“Although budget pressures have put limits on some reforms and the Senate outlook this year is dim, the proposed changes indicate the direction that many Republicans and more than a few Democrats would like to take,” writes Tracy Watts, Mercer’s leader on health care reform.
Paying off debt is their second greatest fear, Franklin Templeton found in a survey.
This is up 2% from last year—and 75% from 2002, when Fidelity began estimating health care costs in retirement.
Although some retirees face catastrophic health care cost in retirement, EBRI found that most don't.
Of the 48% who say their health care costs have increased, more than one-quarter have decreased their retirement plan contributions.
But, employees younger than 25 and older than 65 are more likely to say they try to save/invest their HSA funds, a survey finds.