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☆ Over a million boomers on Medicare could save big on prescription drugs next year
▼ + stars: | 2024-02-14 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Read previewSome Medicare recipients could save thousands of dollars on out-of-pocket drug costs next year as even more boomers reach their spending threshold. In 2023, 50.5 million Medicare beneficiaries were enrolled in Part D plans. About 65 million people in total are enrolled in Medicare, according to the Centers for Medicare & Medicaid Services. If the national cost cap had been in place in 2021, KFF estimates that 1.5 million Medicare beneficiaries would have seen relief. Are you a Medicare beneficiary who has seen relief from the out-of-pocket drug cost cap?

Persons: —, Joe Biden's, California Medicare enrollees Organizations: Service, Medicare, Business, Kaiser Family Foundation, Institute, Social Security, Centers, Medicaid Services, California Medicare, Services Locations: California, California , Florida , Texas , New York, Pennsylvania

☆ Half of Gen Z workers think ChatGPT gives better career advice than their manager, survey says
▼ + stars: | 2024-02-13 | by ( Allie Kelly | ) www.businessinsider.com time to read: +3 min

To retain Gen Z talent, companies should emphasize mentorship and learning in the workplace. AdvertisementWhen some Gen Z workers need career advice, they think ChatGPT will offer better guidance than their managers. In fact, 44% of Gen Z respondents said they are considering quitting their jobs in the next six months. Gen Z workers are looking for learning and development, not just money, from their jobs, according to research by The Standard. And, when young workers feel disconnected from their managers, they likely feel disconnected from their employers.

Persons: —, Gen Z, Zers, Gen Zers, Gen Xers, Gen Organizations: Service, Workplace Intelligence

☆ Gen Z prefers paychecks over promotions, survey says
▼ + stars: | 2024-02-06 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Advertisement"Since 2021, Gen Z has been living with rates of inflation not seen in the US in decades," the Standard reported. AdvertisementAccess to loans, a strong 401(k) retirement account, and reliable insurance coverage are benefits that Gen Zers expect from employers. Over 90% of Gen Zers and millennials said they're considering leaving their jobs, per a 2023 LinkedIn survey. AdvertisementBy offering intentional tools toward sustained economic stability, The Standard said companies will have better luck recruiting and retaining Gen Z workers. Are you a Gen Z worker and willing to share details about your economic stability goals and how you plan to achieve them?

Persons: —, Zers, Gen Z, Gen Zers, X, millennials Organizations: Service, Business, Bureau of Labor Statistics, Standard Locations: homebuying

☆ A Gen Z diabetic said a 3-month supply of insulin pumps would cost her $1,800 — even with insurance
▼ + stars: | 2024-02-03 | by ( Allie Kelly | ) www.businessinsider.com time to read: +7 min

However, others, like 25-year-old Cochrin, are still seeking some relief for the costs of insulin and other necessary diabetes tools, like insulin pumps and continuous glucose monitors. While the costs of insulin have skyrocketed, and the direct medical costs of treating diabetes have also increased by about 7% since 2017. AdvertisementEarlier this month, Cochrin posted a TikTok explaining that a 3-month supply of her insulin pumps would cost her $1,800, even after insurance. Her continuous glucose monitor doesn't cost her anything right now, but in the past, she paid $30 a month with insurance. AdvertisementDifferent people may have increased sensitivity to different types and brands of insulin, Cochrin said, but insurance companies sometimes only offer one option for coverage.

Persons: —, Grace Cochrin's, Joe Biden, Eli Lilly, Sanofi, it's, Cochrin, She's, Campbell Hutton Organizations: Service, American Diabetes Association, National Institutes of Health, Business, White, US Department of Health, Human Services, that's Locations: Charlotte, North Carolina

☆ A shorter workweek is gaining ground as another major pilot program prepares to kick off
▼ + stars: | 2024-02-01 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

The four-day workweek has been successful elsewhereThe Dominican Republic will be the first Caribbean country to test a shorter workweek, according to the country's Ministry of Labor. Other lawmakers, like Vermont Sen. Bernie Sanders, have also voiced support for a shorter workweek. AdvertisementMost four-day workweek programs are voluntary for companies, and many countries have no legislation that requires a shorter workweek. With continued positive data, it's possible that the US and other countries could see the shorter workweek implemented into law. Have you been a part of a four-day workweek pilot program or do you work at a company adopting the schedule?

Persons: —, What's, Mark Takano, Vermont Sen, Bernie Sanders Organizations: Employees, Service, International Labor Organization, country's Ministry of Labor, Economic, Revenue, Democratic, Education, Workforce, Labor Locations: Dominican Republic, Latin America, Claro, Caribbean, Australia, United Kingdom, Zealand, Chile, Colombia, Mexico's, Vermont

☆ Texas moms can now get an additional 10 months of Medicaid after giving birth
▼ + stars: | 2024-01-25 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

New mothers in the state were previously eligible for Medicaid for only two months following childbirth. Increased access to Medicaid correlates with improved pre-pregnancy health, maternal health, and infant health outcomes, according to reports published in 2020 and 2021 by the KFF, formally known as the Kaiser Family Foundation. Texas is now one of 43 states that have extended the window for postpartum healthcare coverage under Medicaid. The monetary relief Texas mothers will receive depends on their specific income level and number of dependents. And Texas has seen recent efforts to limit abortion and reproductive health care access, especially following the reversal of Roe v. Wade.

Persons: —, Diana Forester, Forester, Roe, Wade Organizations: Service, Business, Centers for Disease Control, Texas, Kaiser Family Foundation, Texans Care, Children, Medicaid Locations: Texas, United States

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