Lenders will have to immediately stop requiring payments and accruing interest on federal education loans after President Trump signed the new coronavirus aid bill into law.
3.3 million Americans filed for their first week of unemployment benefits last week, as businesses shut down to slow the spread of the coronavirus. That is the highest number of initial claims in history.
Congress’ historic stimulus bill meant to bring financial relief to parts of the nation’s economy is helping those filing for unemployment during the coronavirus pandemic.
Congress has announced agreement on a $2 trillion economic relief package for the effects of COVID-19. Most households will get a relief check, and unemployment insurance has been greatly expanded.
The best place to get a job right now might be the unemployment office. In Washington State, where the coronavirus outbreak found its first foothold in the United States, officials are trying to fill multiple positions processing jobless claims. “Due to the temporary closure of some businesses here in Washington State we are anticipating the need for additional staffing,” according to the job posting, which promises interviews next week.
The Labor Department reported 281,000 new claims for unemployment insurance last week, a one-third increase over the previous week that it attributed to the coronavirus epidemic. It was the highest level of claims since September 2017 and the first in a flood of unfavorable economic indicators expected from the Trump administration as businesses shut down and workers go home.
The number of Americans filing for unemployment jumped by 70,000 last week, the highest level since September 2017, because of the increase in coronavirus-related layoffs, according to the Department of Labor. Thousands of people who have been recently laid off, lost their jobs, or had their work hours reduced were then subjected to further frustration after several states websites’ crashed because of high traffic. Many on social media were left confused and fearful over their eligibility for unemployment benefits, including those who were furloughed or on zero-hour contracts.
Don't cancel transplants.
As U.S. states and cities scramble to contain the new coronavirus by restricting public gatherings, hospitals are increasingly using remote medical care to battle the outbreak.
Medicare says it will immediately expand telemedicine coverage nationwide to help seniors with health problems stay home to avoid the coronavirus
Seniors are the most at-risk group for severe illness from COVID-19. Here's the role Medicare will play for those impacted.
Here's what you need to know to be financially prepared.
Commercial COVID-19 tests cost roughly $51.
Testing capacity in the US is still limited
Millions of seniors get health coverage through Medicare, and the more you know about the program, the better equipped you'll be to make the most of your benefits. Here are a few key rules you should familiarize yourself with.
President Donald Trump said he wouldn’t touch Medicare before pitching a budget plan that would do exactly that, along with steep cuts to Medicaid. Democrats are calling it “savage” and “heartless,” while administration officials are insisting they are only slowing explosive growth in future years and that current Medicare benefits would remain untouched.
A rule change to the federal food stamp program proposed by the Trump administration would cause children in low-income families across the United States to go hungry, educators and hunger advocates told Congress on Thursday.
The decision came out of the blue. “Your husband isn’t going to get any better, so we can’t continue services,” an occupational therapist told Deloise “Del” Holloway in early November. “Medicare isn’t going to pay for it.”
Southern U.S. states that expanded Medicaid “experienced lower rates of physical and mental health declines” than nearby regions that didn’t expand health benefits for poor Americans, a new analysis shows in Health Affairs shows.
Private insurers are increasing their plan offerings for Medicare Advantage (MA) in 2020. Nearly 3,150 MA plans, which include expanded coverage options not available under basic Medicare, will be available in local markets to beneficiaries in 2020. That is up 15 percent from 2019, according to a recent assessment by the Kaiser Family Foundation.