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Workers value paid time off more than health insurance, the survey suggests

Paid time off is important to many workers.Kena Betancur/Getty Images More workers said paid leave was extremely important to them than those valuing health insurance. That was one finding of a survey conducted by the Pew Research Center. Almost half of workers who get paid time off don’t usually use up all their allocation, it was found. Workers appear to value paid time off even more than having employer-funded health insurance, a recent study found. The Pew Research Center report called “How Americans view their jobs” found 62% of the 5,900 people surveyed felt it’s “extremely” important to have paid…
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Major Mass. health insurance provider says customer data was ‘copied and taken’ in cyberattack

A pair of major Massachusetts and New Hampshire health insurance companies are warning subscribers that a cybersecurity ransomware incident in March and April has compromised some members’ personal information. Point32Health, the corporate parent of Harvard Pilgrim Health Care and Tufts Health Plan, said in April that the threat impacted systems that are used to service customers, accounts, brokers, and providers, officials said. It proactively took certain systems offline to contain the threat out of an “abundance of caution” after “detecting an unauthorized party.” “Unfortunately, the investigation identified signs that data was copied and taken from our Harvard Pilgrim systems from…
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GoHealth Confirms Receipt of Unsolicited Acquisition Proposal From Centerbridge Partners and NVX Holdings

CHICAGO, May 19, 2023 /PRNewswire/ — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, as noted in a recent 13D filing, has received a proposal from its two largest shareholders to acquire all of the outstanding Class A Common Stock and LLC Interests that these shareholders do not already own. Independent members of GoHealth’s Board will review the proposal in due course. The Company remains committed to serving Medicare Advantage beneficiaries, working with health plans, and generating value for all stakeholders. About GoHealth, Inc. GoHealth is a leading health insurance marketplace and Medicare-focused…
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Major Jon Mitchell presents over $500 million budget, urges health, pension cost reform

NEW BEDFORD – Mayor Jon Mitchell presented a city budget to the council Wednesday that topped half a billion dollars. The totals: $513,169,319. And by far the largest portion of that is the general fund, which comes in at $458,910,392. It’s the general fund that includes schools, public safety, and city government. It also includes health insurance, pensions, mandatory assessments and debt services. Mitchell was optimistic about the city’s financial future while cautioning that new budget tactics are needed. He said it’s time to stop “ignoring the elephant in the room” which is rising healthcare and pension costs. “Over many…
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How To Decide Which Bills To Put on Autopay

bbernard/Shutterstock.com Manually paying bills can be a drag, which might prompt you to try autopay. But which bills should you choose to automatically deduct payments from your bank account? See: 5 Brand-New Items at Dollar Tree That Cost Way More at TargetFind Out: How To Build Your Savings From Scratch “Autopay offers both advantages and disadvantages when it comes to managing your expenses,” said Andrew Latham, certified financial planner and director of content for Supermoney. “Pros include timely payments, convenience, easier budgeting and potential interest savings. However, cons, such as insufficient funds, reduced flexibility, limited control and potential errors should…
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What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity. This legal document allows you to list medical…
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“High performance network” health care insurance plans to leave patients with unexpected medical debt

A Tennessee family faced a potentially catastrophic situation when Joe Smith — a husband and father of four — was diagnosed with a brain aneurysm. Smith, of Chattanooga, had health insurance through his job with Blue Cross Blue Shield of Illinois, but the insurance company refused to pay for the surgery necessary to prevent a life-threatening rupture. “We knew that he kind of had this ticking time bomb in his head,” Stacie Smith, Joe’s wife, said. The insurer claimed that the neurosurgeon that Smith’s family had chosen was out of the network, and the plan had no coverage for out-of-network…
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UC San Diego Health Spotlights SMART Health Insurance Cards

highlights – First demonstration of the new QR code standard for health insurance cards. – New model will allow providers to scan QR code, verify its authenticity and ingest the data into their systems automatically. – Collaborating partners include UC San Diego Health, UC Irvine Health, UCLA Health, UCSF Health, UC Davis Health, UCR Health, Evernorth Health Services, Healthcare Financial Management Association, The Commons Project, VCI Coalition and CARIN Alliance. SMART Health Insurance Card Initiative During a digital health symposium this week, Christopher Longhurst, MD, with UC San Diego Health, pulled up a QR code from his phone’s digital wallet,…