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Pension Funds Advised to Oppose Woodside Energy Group’s Climate Strategy

Sydney, Australia – Some of Australia’s largest pension funds are being advised to push back against Woodside Energy Group Ltd.’s climate strategy, raising concerns about the energy producer’s approach to emissions. The Australian Council of Superannuation Investors, representing funds managing about A$1.9 trillion ($1.2 trillion), has cautioned its members that Woodside’s plans are not sufficiently developed, as reported in a document obtained by sources. The move by the Australian Council of Superannuation Investors could potentially …

January’s Legislative Session to Focus on Gun Violence and Health Care in Maine According to Advocacy Groups

AUGUSTA, Maine – The aftermath of October’s mass shooting in Lewiston is expected to dominate health-related discussions in Maine during the legislative session that began on Jan. 3. An array of health care organizations and advocacy groups are forecasting that gun violence will take center stage, alongside addressing the opioid crisis, improving resources for older adults, increasing reimbursement rates, and nursing staffing ratios. The legislative session is set to adjourn April 17, providing a shorter …

Hospital Spending Oversight Bill Faces Opposition from Health Care Groups in Delaware

Dover, Delaware – Health care groups in Delaware are facing a challenge with a newly proposed bill that aims to establish a state board overseeing hospital spending in an effort to tackle the rising costs of health care. House Substitute 1 for House Bill 350 is looking to create the Diamond State Hospital Cost Review Board, which would be tasked with reviewing and approving annual hospital budgets starting from 2026. Under the proposed bill, hospitals …

Cyberattack on UnitedHealth Group’s Change Healthcare Unit Prompts Urgent Calls for Expedited Payments to Providers

Bengaluru, India – The U.S. government has called on UnitedHealth Group to speed up payments to healthcare providers following a cyberattack on its Change Healthcare unit that disrupted medical claims and payments. In an open letter, officials from the Departments of Labor and Health and Human Services have urged UnitedHealth to address the financial challenges providers are facing due to the cyberattack. The government’s plea to UnitedHealth extends beyond just the one company, asking for …

Exempt: Four Groups Who Can Avoid Paying Social Security Taxes

Miami, Florida – Employees and employers in Miami, Florida, usually both contribute to Social Security taxes at a rate of 6.2% of earnings, up to the $168,600 wage cap in 2024. The Social Security Administration reported that approximately 180 million individuals paid these taxes in 2023, with few exceptions available for opting out. However, certain groups, such as eligible student workers, qualifying religious group members, certain government employees, and some nonresident aliens, may avoid paying …

Social Security Benefits Cut More Supported by Younger Generations: Survey Shows Discrepancy Among Age Groups

Boston, MA – Younger Americans are more open to the idea of cutting Social Security benefits for retirees in order to ensure the long-term sustainability of the program, a recent survey revealed. The poll, conducted by Redfield & Wilton Strategies on behalf of a notable publication, found that a majority of Americans across different generations agree that the Social Security program is in need of reform, although there is disagreement on the best approach for …