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Wells Fargo to give staff tough healthcare choices

(Reuters) – Wells Fargo & Co plans to cut costs by moving its workers into insurance plans that encourage them to spend less on healthcare. The bank told Reuters that it is rolling out a new insurance approach next year that will give employees accounts to help cover medical expenses.…

Health insurance costs up 9 percent in year: study

WASHINGTON — Company-provided health insurance, one of the largest costs of US businesses and households alike, rose nine percent over the past year despite the sluggish economy, according to a new study released Tuesday. The average cost for employer-provided family health care insurance has hit $15,073 a year, a burden…

Top 5 things the tea party will cheer

Merriam-Webster says that to cheer is to “applaud with shouts,” and to applaud something is “to express approval especially by clapping the hands.” Tea partiers have been doing both to express vociferous approval of many things of late, especially when the cameras have been rolling. While we all know what…

Medicaid enrollment spikes to 48M in weak economy

Job losses sends families flocking to low-income health insurance program More people signed up for Medicaid last year than at any time since the program’s inception, as the recession wiped out jobs and workplace health coverage. A report released Thursday by the nonprofit Kaiser Family Foundation found that enrollment in…

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