Not Hitting the Pause Button: CMS Approves Utah’s Work and Work Alternative Requirements after Court Upends Similar Policies in Kentucky and Arkansas
In spite of the recent legal setbacks experienced by Kentucky and Arkansas, other states continue to seek federal approval of waivers that include work and work alternative requirements for Medicaid recipients.
Let me introduce you to a fellow family caregiver, Lisa. With the help of her sister, Lisa cared for her mother with Alzheimer’s disease — managing medications, cleaning the house, and handling any medical issues. They also managed her mother’s finances. Lisa shared:
Today I have great news to share: Gov. Steve Bullock has signed the Montana Health and Economic Livelihood Partnership (HELP) Act into law, giving 70,000 hardworking Montanans access to affordable health coverage. Until now, tens of thousands who had lost their jobs or were struggling in jobs without health benefits had no access to affordable healthcare — Michele was one of them.
Think about retiring from your job with no savings — not even a little bit — just debt. Unfortunately this is the case for one in five Utahans, according to a new study released recently by Notalys LLC. This news is troubling, to say the least. To make matters worse, with 45 percent of working-age households having nothing — zero dollars — saved toward retirement, what’s playing out in Utah could have significance nationwide.
For five years Michele from Montana, didn’t have access to affordable health care. She didn’t go to the doctor because she couldn’t afford it; this scared her. When health care laws began to change, Michele began to dream about what it would be like to have health coverage again, and how she would take better care of herself. But when many others gained access to affordable care last year, Michele did not. Instead, she was one of millions of hard-working Americans who fell into the new coverage gap.
”Great news from Illinois: A new law will help 2.5 million workers retire with confidence. Signed by former Gov. Quinn this year, the Illinois Secure Choice Program gives millions of state residents a way to save for their future at work — a tool that increases savings rates by 15 times. Upon signing the bill, Gov. Quinn shared, “This is a special ... opportunity, for all of us to go forward at helping people save for retirement.
Today's sobering statistic: Almost 20 percent of people ages 55 to 64 have no retirement savings. And even among those who have saved, millions are facing a retirement "deficit" - meaning they will outlive their retirement savings by $57,000 on average per household.
Last week, I sat down with Adrienne Mitchell of MarketWatch to talk about what 57 million American workers lack: a way to save for retirement at work - leaving them with little opportunity to secure their financial future. Just think about this for a minute: For workers who do have access to a retirement savings plan in the workplace, such as a 401(k), this increases their savings rate by 1300%. And, no, that's not a typo.
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