The Daily Money: Health care bills are soaring thanks to inflation

Medical bills are soaring, and it's expected to get worse and keep inflation elevated for some time, experts say. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Monday, September 26 Welcome to Monday, not to mention the last week of September. It's Brett Molina back again with your Daily Money headlines. Let's begin with a USA TODAY exclusive: Fannie Mae is introducing a new plan to help renters get higher credit scores. Fannie Mae will team up with three firms working as intermediaries between landlords and credit bureaus to report on-time rental payments. The reason? Landlords typically don't report rental payments, so it's tougher for renters to build up credit history for loans to use on buying a home or car. Only positive payments will be reported, and renters can opt out of the program at any time. Brace yourself: Health care bills are going up 🚑 The prognosis on health care costs is not looking good. Not only are medical bills expected to soar thanks to inflation, but experts believe higher health costs will keep inflation elevated for some time. The higher cost of labor and supplies is cited as reasons for the increase in medical costs. 📰 More stories you shouldn't miss 📰 Looking for a job? Here's what to know about writing a cover letter. No need to buy a new smartphone. Tips on how to freshen up your current phone. Social media. LinkedIn ran undisclosed social experiments on 20 million users for years to study job success. COVID restrictions easing. Here's what it's like to cruise with fewer pandemic rules. 🍔 Today's Menu 🍔 Bad news if you love beer. Between supply chain issues and inflation, we may encounter a beer shortage. About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. Follow Brett Molina on Twitter: @brettmolina23. Healthcare prices are no longer immune to inflation, analysts say. Hikes in healthcare premiums are coming and those higher costs are likely to stick around, analysts warn. 'Guilty until proven innocent': How credit 'invisibles' are viewed What is a cover letter? Tips on what to include to write a good one. 'This is just a COVID factory': Taking a cruise with fewer COVID rules LinkedIn ran undisclosed social experiments on 20 million users 5 ways to make an old smartphone feel like a new one in 2022 Would you give away your company? What Patagonia's owner has taught... Could beer be on tap as the next US product shortage? 10 best destinations for fall foliage this year National Geographic Day Tours will offer cruisers history, culture   Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2022 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102