The diversification of medical plans comes amid rising costs of employer-sponsored health insurance, according to the report. In 2025, the average cost of employer-sponsored health insurance reached $17,496 per employee, a six per cent increase that is driven largely by the sharp growth in prescription drug spending.

My sister died of cancer back about five years ago, and for her, it was a battle she bravely waged on two fronts. Her struggles were to first, just stay alive, and next to be able to afford having cancer in the United States of America.

Such tax-advantaged accounts are used to save money to pay for medical expenses and generally are used in conjunction with a high-deductible insurance plan, but an HSA “is a trust/custodial account and is not health insurance,” according to the Congressional Research Service.

Rep. Sam Liccardo’s office announced this week that fellow California Democrat Ro Khanna and two GOP congress members joined his bipartisan bill to extend Affordable Care Act tax credits.

The Trump administration recently advanced a new phase of sweeping tariffs intended to address what it characterizes as unfair trade practices and persistent trade deficits. Since the spring, tariff rates and targeted countries have shifted repeatedly ...