Experts Archives - DR News - News, Retirement, Finance

Social Security Future at Stake in Presidential Campaigns: Experts Weigh In on Controversial Issue

Washington, D.C. – As the presidential campaigns heat up across the nation, the focus on critical issues facing American society continues to intensify. One topic that has sparked intense debate is the future of the Social Security program, a lifeline for millions of Americans in their retirement years. Recent developments under the Biden Administration have shed some light on the financial health of the Social Security Trust Funds. The annual report to Congress revealed a …

Celebrating Trusted Anesthesia Experts During National CRNA Week 2024

AUGUSTA, Maine – Celebrating National CRNA Week from Jan. 21-27, 2024, certified registered nurse anesthetists (CRNAs) across the country are highlighting their crucial role in providing over 50 million anesthetics to patients annually. In Maine, there are 350 CRNAs, who, like their counterparts nationwide, are recognized for their expertise and commitment to the safety and well-being of patients. This year, the theme “Trusted Anesthesia Experts” emphasizes CRNAs’ place among the most trusted professions, according to …

Social Security Benefits Face Looming Cut in 2035 Due to Trust Fund Shortfall, Experts Warn

Austin, Texas – A recent annual report from the Social Security trustees has revealed that without intervention from lawmakers, Americans’ Social Security benefits could face significant cuts in 2035. The report, released on Monday, pushed back the projected year of benefit slashes by one year compared to previous forecasts. It paints a concerning picture of the future of the program. The report highlights that the combined Social Security trust funds, crucial for supporting monthly payments …

2025 Social Security COLA Forecast: Experts Predict Lower Adjustment Ahead

Washington, D.C. – Retirees depend on Social Security benefits to provide financial stability in their golden years. The annual cost-of-living adjustment (COLA) plays a crucial role in ensuring that beneficiaries receive a boost to keep up with inflation. In a recent announcement, the Social Security Administration revealed that the 2024 COLA was set at 3.2%, providing recipients with a significant increase in their benefits. This adjustment aims to help maintain the purchasing power of Social …

Health Law Experts Advocate for Reproductive Rights in Amicus Brief to Supreme Court

Washington, D.C. – Experts in the field of law, public health, and reproductive rights at George Washington University are making significant contributions to their respective fields. Sonia Suter, a professor at the George Washington University Law School, specializes in the intersection of law, medicine, and bioethics, with a keen focus on reproductive rights. Sara Rosenbaum, Emeritus Professor of Health Policy and Management, is a nationally recognized expert on healthcare access for vulnerable populations. She recently …

Cybersecurity Experts Testify in Congress Inquiry on Change Healthcare Attack

Washington, D.C. – The cyberattack on Change Healthcare in February wreaked havoc on healthcare payment systems across the United States, causing disruptions in insurance claim processing and leaving hospitals struggling with unpaid claims. Change Healthcare, a subsidiary of UnitedHealth Group, specializes in providing technology for the submission and processing of insurance claims. In the aftermath of the attack, a survey conducted revealed that about 80 percent of hospitals reported significant impacts on their cash flow, …

Pension: Benefit or Privilege? Experts weigh in on means testing and ownership impact

Manchester, UK – Patrick O’Donnell, a prominent figure in pension discussions, recently stated that the state pension should be viewed as a benefit rather than an entitlement. This perspective challenges traditional views on state pensions and raises important questions about the future of retirement benefits in the UK. During a podcast on This is Money, concerns were raised about the possibility of means testing for state pensions. This debate adds another layer of complexity to …

Retirement Experts: Optimal Social Security Age Boosts Lifetime Income by $111,000

Los Angeles, California – As retirement approaches, one of the crucial decisions individuals face is determining when to begin receiving their Social Security benefits. This choice can significantly impact the amount of monthly benefits received, making it essential to consider various factors before making a decision. Your full retirement age (FRA) is the age at which you will receive 100% of your entitled benefits based on your work history. The specific FRA varies depending on …

Social Security Experts Warn Utah Residents of Costly Filing Mistakes

Salt Lake City, Utah – Planning for retirement can be a daunting task, especially when it comes to filing for Social Security benefits. Tyson Thacker and Ryan Thacker, retirement experts based in Utah, are urging residents to approach their Social Security filings with caution in light of potential financial losses if not done strategically. According to the Thacker brothers, the complexity of the Social Security system can often lead individuals to make mistakes in their …

Medicare Payments: Experts Discuss Revamping Doctors’ Compensation

Los Angeles, California – The debate over revamping doctors’ pay in the healthcare industry has been a hot topic recently, with experts weighing in on how physician payments should be tied to inflation. Medicare’s experts are emphasizing the need for adjusting physician pay to keep up with the rising costs of living and medical expenses. A recent study by the Medicare Payment Advisory Commission (MedPAC) found that while dialysis spending is considered adequate, physician payments …