Home / Daily Digest / Daily Digest – November 26. Advocacy Group Sues CFPB; Millions Cutting Corners to Save Money on Medication

Daily Digest – November 26. Advocacy Group Sues CFPB; Millions Cutting Corners to Save Money on Medication

ADVOCACY GROUP SUES CFPB OVER LACK OF STUDENT LOAN SUPERVISION

AVERAGE FAMILY SPENDING 11.5% OF THEIR INCOMES ON HEALTHCARE

  • The average employee contribution of healthcare insurance premiums and deductibles paid by employees has risen by nearly 50% during the past decade and now represents 11.5% of a median household’s income, according to data released by The Commonwealth Fund. In six states — Virginia, Louisiana, New Jersey, Nevada, Minnesota, and Maryland — as well as the District of Columbia, families are spending more than $6,000 per year to pay their health insurance premiums.

MILLIONS CUTTING CORNERS TO SAVE MONEY ON HEART MEDS

  • More than 2 million people nationwide with heart problems are not taking their medication as prescribed because of cost concerns and are either skipping intervals or taking less than what was prescribed to save money. That means millions of Americans are putting their lives at risk in making this financial choice, and may provide some important context to collection agencies when discussing the financial situations of individuals with unpaid medical debts.

DAKCS SOFTWARE SYSTEMS ANNOUNCES CLICK-TO-CALL

  • Today, debt collection and ARM software technology leader DAKCS Software Systems announces Click-to-Call, a manual dialing solution for calling consumers. Click-to-Call introduces a human review process before a call is placed. Many Collection call centers are concerned about the regulatory implications of calling cell numbers with dialers or outbound IVRs.

WORTH NOTING: The “strange” history of presidents pardoning turkeys … The worst time to travel for Thanksgiving … The best movie performances of the decade … An ugly sweater that can hold Red Lobster biscuits … How to score freebies on Thanksgiving and Black Friday … Ford F-150 v. Tesla’s Cybertruck … “Failure Nights” are becoming a thing … This is definitely not how I would react when my boss told me I could go home early … The last worker to participate in the carving of Mount Rushmore has died.

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