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Let the patient beware. Going outside your insurerâs network of preferred doctors or hospitals could be more hazardous to your financial health than you suspected.
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When Robert Payne, 61, needed back surgery last year, he said he wasn't worried about how to pay for it. Payne, a self-employed architect in Richmond, pulled $5,500 -- the amount of his health insurance deductible for such procedures -- from a savings account he uses exclusively for medical expenses. His insurance covered the rest.
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Sept. 9, 2004 -- Employee-sponsored health insurance premiums rose an average of 11.2% between spring 2003 and spring 2004, now averaging just under $10,000 per year for the average worker with a family of
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Onus is on workers to buy health insurance as rising costs force firms to end perk.
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Do you have business insurance? Do you need it?
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So what do Americans want when it comes to health care? Two things, according to a citizens group created by Congress: protection for all from high medical expenses and guaranteed coverage for specific checkups and treatments.
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Get a plan to protect your financial independence.
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Few Employers Say They Will Drop Coverage In 2006 When Medicare Drug Law Is Implemented - As businesses struggle to control rising retiree health costs, they are asking their retirees to pay more and plan to do so again in 2005, according to a new survey
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Expand Medicaid. Give tax breaks to employers. Offer health savings accounts. Sell the sort of health insurance Congress gets. These ideas and others are part of the presidential
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The cost of health insurance provided by employers rose an average of 11.2 percent this year and is expected to rise again in 2005, adding to the economic anxiety of workers and businesses.
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Health insurance premiums are skyrocketing at five times the rate of inflation and worker earnings. Employers are shuttling more and more costs of health care onto their workers or dropping coverage (for 5
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Jump in the expense of firm-based benefits on per-employee basis is lowest since 1999. By Jeff Swiatek. The cost of health care benefits slowed for a second consecutive year in 2004 in part because employees
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Small employers that are only willing to pay one-third of their workers' healthcare insurance premiums can now offer policies through Blue Cross and Blue Shield of Massachusetts. Previously, the state's largest health insurer only offered coverage to companies that contributed at least one-half of premium costs.
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NEW YORK -- People with employer-sponsored health coverage choose to enroll in traditional plans over consumer directed products, which have been touted as a way to lower health care costs, according to a survey released Friday.