Physicians Financial News

Annual inflation rate at 6%

Report shows that of those with medical debt, 73% owe some or all to hospitals

Fed chairman says recent data may indicate bigger boosts to the interest rate are needed to tame inflation

All too often, individual investors overlook or underestimate the importance of having a sound asset location strategy.

The ads focus on how PBMs promote competition in the prescription drug marketplace and provide choice for employers.

The Personal Consumption Expenditures price index increased 0.6% in January

Number of patients investing their HSA funds is increasing

By law, hospitals have been required to make public their prices for goods and services since Jan. 1, 2021, but not all are complying

Many are losing confidence in their ability to pay for health care

Larger payers will look for “adjacencies” rather than merger and acquisition with other payers because of the regulatory environment.

The number of people with medical debt on their credit reports decreased 18%, but it’s still one of the biggest problems for consumers

National figures show food, gas, shelter all cost more than a year ago.

Recent events have made it even more challenging for physicians to forecast and plan for their retirements.

Many individual investors tending to their portfolios are in a quandary about where to invest new cash in 2023.

At least one more rate hike expected this year, but investors hope any hikes are small and short-lived.

Some improvements seen in December, but hospitals still suffering

Older investors in particular should limit risk. Fixed annuities guarantee principal and/or produce high levels of income.

2.9% pace was still lower than the third quarter, and recession fears still abound

Prime members can now get common generic prescription medications for a $5 flat fee for all of them

10 insights investors should consider in 2023.

10 insights investors should consider in 2023.

The health care industry will face myriad challenges in the coming year

Increasing interest rates and recession fears have not slowed down the interest in health care from investors

While 81% of U.S. adults have cut spending in the last six months, 70% say they don't plan on letting their health and wellbeing falter

National unemployment rate hovers at 3.5% to 3.7% since March, according to latest government figures.

65% say they are already living paycheck-to-paycheck

Premiums remained steady in 2022, but increases in 2023 likely

Year-end outlook not looking good as financial struggles continue

Well-being programs and value-based care among other trends to watch

Inflation is the top reason that nearly one-third of Americans are concerned about covering unexpected health care needs