Thanks to an exemption in the 1974 federal minimum wage standards, home health care workers are not guaranteed a minimum wage. But that may all change if the Obama administration formally approves revisions to the Fair Labor Standards Act that would set minimum wage requirement for home health care workers. Home health care has ballooned to a $55 billion industry since 1974, but in the eyes of the law, the nation’s 2.5 million home health care workers are treated almost like babysitters, meaning that their employers set their wages for them, and often the workers take home half of what their employers charge.
In 2017, Collins voted to keep Trump from repealing the Affordable Care Act.
This is also about how likely CDC analysts think your annuity clients are to die in the next 12 months.
'The odds that the Fifth Circuit does something nasty to the health-reform law have gone up.'
Sponsored by Thrivent
Evaluating your approach to investing and guiding clients is a continuous best practice. Thrivent Mutual Funds provides a selection of recent thought leadership designed to help you foster more trustworthy partnerships with your clients partnerships rooted in mutually shared values.
Sponsored by Schwab Advisor Services
Are you ready to go independent? Thousands of advisors have made the transition. Learn how with this guide.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.