Insurance Loss Linked to Increase in Crime Rates: Study

Nashville, Tennessee – A recent working paper by four scholars suggests that access to health insurance may have a significant impact on reducing crime rates in the United States. The study examined the effects of one of the largest Medicaid disenrollments in U.S. history, which occurred in Tennessee in 2005, leading to approximately 190,000 nonelderly and nondisabled adults without dependents losing their coverage at that time. According to the researchers, the loss of Medicaid coverage …

Read more

Inheritance tax disparities across Europe: A comprehensive comparison of rules and rates

Paris, France – Families navigating the complexities of inheritance tax laws in Europe face a myriad of rules and rates that vary significantly across different countries. Understanding and planning for inheritance taxes is crucial for wealth management and passing assets to the next generation. In France, inheritance tax is known as “droits de succession” and applies to assets passed down to heirs. The rates can range from 5% to as high as 60%, depending on …

Read more

Mortality Rates Rising: Rural Health Disparities Widen According to Recent Report

Phoenix, Arizona – A recent report from the Department of Agriculture’s Economic Research Service has highlighted concerning trends in mortality rates among rural Americans compared to their urban counterparts. The study, which analyzed CDC death data from 1999 through 2001 and 2017 through 2019, found that individuals aged 25 to 54 living in rural areas were experiencing significantly higher rates of natural-cause mortality, particularly from chronic diseases and cancer. The gap between rural and urban …

Read more

Tax Regime Impact: PFRDA Pension Scheme Growth Slows Amid Lower Tax Rates

New Delhi, India: The Pension Fund Regulatory and Development Authority’s pension scheme, catering to both corporate entities and individuals, might be impacted by the new tax regime, which offers lower tax rates but eliminates exemptions like those for investments. According to the latest data released by the authority on Thursday, the growth in the overall subscriber base, including government employees, private sector workers, and participants in the Atal Pension Yojana, slowed to 16.3% during the …

Read more

Insurance Stocks Take a Hit as Medicare Increases Rates by 3.7%

Orlando, FL – The Centers for Medicare and Medicaid Services (CMS) recently approved a 3.7% payment rate increase for Medicare Advantage plans for the 2025 calendar year. This decision had a significant impact on leading health insurance managed care stocks, causing a sharp decline in stock prices for companies like Humana, CVS Health, and UnitedHealth Group. Investors were surprised by the modest 3.7% rate increase, as many had anticipated a larger hike to help offset …

Read more

Physicians struggle to accept new Medicare patients in Wichita due to low reimbursement rates

Wichita, Kansas residents who rely on Medicare are facing challenges in finding new primary care physicians due to some doctors choosing not to accept these patients. This issue stems from the low Medicare reimbursement rates for physicians, making it financially difficult for them to take on new Medicare patients. The Executive Director of the Medical Society of Sedgwick County, Phillip Brownlee, noted that the organization receives numerous calls from individuals, especially Medicare patients, seeking assistance …

Read more

Higher Interest Rates in 2024 Signal Smarter Retirement Decisions

Interest rates are expected to remain relatively high in 2024, prompting individuals nearing retirement to carefully consider the implications for their investment strategies and timing of retirement. With the Federal Reserve likely maintaining rates during its upcoming meeting in March, the possibility of a rate cut may not arise until the June meeting, depending on the level of inflation. Currently, the key interest rate stands at 5.25% to 5.5%, marking a 22-year high that presents …

Read more

Child Health Poll Reveals Stable Rates of Uninsured Children and High Mental Health Diagnoses in Tennessee

Nashville, Tennessee – The most recent analysis of the 2024 Tennessee Child Health Poll has uncovered steady rates of uninsured children in Tennessee, alongside alarming levels of mental health diagnoses among the state’s youth. According to the annual poll conducted by the Vanderbilt Center for Child Health Policy, 4.5% of Tennessee children are uninsured, marking a significant reduction from the peak of 9% in 2020. The poll revealed that approximately 41% of parents reported their …

Read more

Maternal Mortality Crisis: Virginia Faces Soaring Rates and Racial Disparities in Healthcare

Richmond, Virginia – Virginia has seen a concerning increase in maternal mortality rates from 2020 to 2021, with the overall rate rising from 18 to 47.1 deaths per 100,000 live births. The disparity is even more pronounced for Black women, whose rates have doubled to 96.7 deaths per 100,000 live births compared to their white counterparts. This rise underscores the urgent need to address systemic issues affecting maternal health outcomes in the state. Unconscious bias …

Read more

Retirement Crisis: Big Corporations Reconsider Pension Plans as Interest Rates Rise

NEW YORK, NY – Once upon a time, many big US companies provided their employees with traditional pension plans, ensuring a secure retirement for their loyal workers. However, as the years went by, the landscape of retirement options changed, leaving many Americans with uncertain financial futures. In the 1980s, the shift towards defined contribution plans, such as 401k schemes, became the norm for new employees. This new model required workers to take responsibility for their …

Read more