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The cost of long-term care is the big health insurance uncertainty for Americans 65 and older. How will they pay for long-term care? The biggest shock for people entering the Medicare system is learning that it won’t pay for custodial care in a nursing home. Let’s say you are 90 and you fall and break a hip. You go [...] Compensation experts are predicting modest but steady wage growth over the next few years as the country continues to shake off the salary freezes, layoffs and low profits brought on by the recession. Still, the average pay raise will be modest this year—around 3%, according to a handful of employer surveys. By contrast, raises [...] WASHINGTON — Don’t have the slightest clue what your health insurance covers? The Obama administration says that’s going to change, starting this year. Officials announced Thursday that private health plans will have to provide consumers with a user-friendly summary of what’s covered, along with key cost details such as copays and deductibles. Just [...] |
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