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Extending Health Subsidies Averts Premium Hikes, Risks Inflation
Expanding Obamacare subsidies under the Inflation Reduction Act will prevent premiums from rising more than 50% on average for 13 million people, but they also are likely to lead to more health-care inflation and fewer small businesses offering health insurance, according to health-care analysts.
Chicago Budget Gap Narrows to $128 Million as Revenue Rebounds
Chicago faces a $127.9 million budget deficit in fiscal 2023, a gap smaller than in the previous year given a rebounding economy and stronger-than-expected revenue picture.
Guardian Life, Marathoner With Long Covid Drop Disability Suit
A marathon runner who contracted Covid-19 at age 29 dropped her lawsuit claiming Guardian Life Insurance Co. owes her disability benefits because her post-Covid symptoms make her unable to work, according to a stipulation filed in California federal court.
‘No One Wants to Work’ Is a Complaint as Old as Work Itself
While there’s been a revival recently of the notion that people simply don’t want to work, it’s a long-running trope in American history, Joseph McCartin, a labor historian at Georgetown University said.
Justices Eye Circuit Split Over Claims for Distributed Benefits
The US Supreme Court expressed interest in hearing a case asking whether state law claims for distributed life insurance proceeds interfere with federal benefits law, asking the ex-wife of a deceased man to respond to a petition filed by his estate.
Northern Trust Must Face Suit Over 401(k) Plan’s In-House Funds
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