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	<title>reached &#8211; USA NEWS LIVE</title>
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		<title>The variety of CEO departures at US firms has reached a record high this yr</title>
		<link>https://bloggingthree.soflytech.com/2024/12/the-variety-of-ceo-departures-at-us-firms-has-reached-a-record-high-this-yr/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 15:51:27 +0000</pubDate>
				<category><![CDATA[Travel]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[companies]]></category>
		<category><![CDATA[departures]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=21263</guid>

					<description><![CDATA[Retired, fired or poached – CEOs headed for the exit this yr. According to outplacement firm Challenger, Gray &#038; Christmas, publicly traded U.S. firms announced 327 management changes this yr through November. That&#39;s greater than any yr since at the least 2010, when the corporate first began tracking sales. This can be a rise of [&#8230;]]]></description>
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<p>Retired, fired or poached – CEOs headed for the exit this yr.</p>
<p>According to outplacement firm Challenger, Gray &#038; Christmas, publicly traded U.S. firms announced 327 management changes this yr through November.</p>
<p>That&#39;s greater than any yr since at the least 2010, when the corporate first began tracking sales. This can be a rise of 8.6% in comparison with the previous yr.</p>
<p>The sales included CEOs of US firms which have long dominated their industries &#8211; comparable to <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Boeing<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Nike<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Starbucks<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>. The pace of change suggests that customers, investors, hedge funds or boards of directors of those firms are growing impatient with declining sales or strategic missteps in an otherwise strong economy <a href="https://www.commerce.gov/news/blog/2024/11/commerce-data-show-strong-economic-gains-due-americans-making-and-spending-more" target="_blank">able to spend</a>.</p>
<p>CEO changes slowed in the course of the pandemic as firms suddenly faced lockdowns, distant work, supply chain difficulties and shortages, if not survival. Later, they faced higher borrowing costs, inflation, labor shortages, changing consumer preferences and other challenges.</p>
<p>In the last 14 years, 2021 saw the bottom number of latest appointments at 197.</p>
<p>“The cost of capital and the speed of transformation drives faster sales,” said Clarke Murphy, managing director and former CEO of Russell Reynolds Associates, an executive consulting firm.</p>
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<p>Murphy said it&#39;s easier to face out through poor performance in an otherwise strong market.</p>
<p>“In years with over 20 percent S&#038;P [500] “We&#39;ve delivered two years in a row of returns, any company that&#39;s significantly underperforming is in the spotlight and boards have moved faster than they might have done five or seven years ago,” Murphy said.</p>
<p>Consumer-focused firms, that are more prone to changing tastes and trends, generally have higher revenues than industries like oil and gas or utilities, which are inclined to have in-house and longer-tenured CEOs.</p>
<p>The recent increase in sales comes whilst the variety of listed firms has declined.</p>
<p>Here are a few of the most important CEO changes within the US which have taken place to date this yr:</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline0"></a>Intel</h2>
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<p>The semiconductor company fired CEO Pat Gelsinger earlier this month, nearly 4 years after he was appointed to rework the chipmaker to higher compete with competitors.</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-14">Intel<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>The company&#39;s stock price and market share had collapsed because the wave of artificial intelligence boosted the chipmaker <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-15">Nvidia<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    while Intel struggled to interrupt into the business.</p>
<p>A successor has not yet been named.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline1"></a>Boeing</h2>
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<p>The aerospace giant announced the resignation of former CEO Dave Calhoun in March, a part of a broader executive shakeup. It got here nearly three months after an unsecured door plug on a virtually latest Boeing 737 Max 9 operated by flew off in mid-air <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-18">Alaska Airlines<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>which plunged the corporate into one other security crisis after years of problems in its defense and industrial aerospace businesses and frustrated executives at a few of its biggest airline customers.</p>
<p>Calhoun himself was named in the ultimate days of 2019 to succeed former CEO Dennis Muilenburg, who was ousted over his handling of the fallout from two deadly Boeing 737 Max crashes in 2018 and 2019.</p>
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<p>Calhoun was replaced in August by Kelly Ortberg, a three-decade aerospace veteran and former Rockwell Collins CEO who brought Boeing out of retirement in Florida to stabilize the corporate.</p>
<p>Amid a labor strike that ended last month, Ortberg announced hundreds of layoffs and cut costs elsewhere to get monetary savings as Boeing works to stabilize production.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline2"></a>Starbucks</h2>
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<p>As sales shrink in the most important markets, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-24">Starbucks<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    poached <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-25">Chipotle Mexican Grill<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Star CEO Brian Niccol is ready to show the coffee chain&#39;s fortunes around and replace Laxman Narasimhan. When Niccol&#39;s appointment was announced in August, the corporate&#39;s shares rose nearly 25%.</p>
</div>
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<p>In the 100 days since his appointment, he announced plans to bring the corporate &#8220;back to Starbucks&#8221; and refocus on what first attracted customers to the coffee chain. The first phases of the strategy include making the coffee shops more inviting, trimming the extensive menu and speeding up service.</p>
<p>Chipotle named insider and industry veteran Scott Boatwright to move the Mexican grocery chain in November.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline3"></a>Nike</h2>
<div class="group">
<p>The shoemaker replaced CEO John Donahoe in September with Elliott Hill, an organization veteran who began as an intern at Nike within the Eighties.</p>
<p>Donahue had helped Nike increase sales since taking office, from $39.1 billion in fiscal 2019 to $51.4 billion in fiscal 2024, but growth eventually plateaued after he moved away from wholesale partners like Foot Loose and turned away from others <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-31">Macy<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>&#39;s and overlooked innovation.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline4"></a>Peloton</h2>
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<p>A darling of the pandemic, the house fitness equipment maker has struggled since return-to-office mandates were implemented.</p>
<p>In 2022, Peloton brought in former Spotify and Netflix executive Barry McCarthy to switch founder John Foley, but he resigned in May after the corporate announced one other restructuring.</p>
<p>In October, Peloton announced Peter Stern, a former <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-35">ford<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Managing Director and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-36">Apple<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Co-founder of Fitness+ as third CEO. Stern has experience growing subscription-based services, and Wall Street is confident he can lead Peloton to profitability by cutting costs and specializing in high-margin subscription revenue.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline5"></a>Kohl&#39;s</h2>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-37">Kohl&#39;s<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    CEO Tom Kingsbury is stepping down on Jan. 15, the off-mall department store announced late last month, and he might be succeeded by Ashley Buchanan of craft mecca Michaels.</p>
<p>Kohl&#39;s has seen a decline in comparable store sales, a key metric for retailers, in each of the last 11 quarters, and its stock price has slumped.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline6"></a>WW International</h2>
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<p>The weight-loss company, formerly often called Weight Watchers, announced in September that CEO Sima Sistani would resign immediately.</p>
<p>WW International has struggled, with shares falling greater than 80% this yr. Under Sistani&#39;s tenure, the corporate needed to pivot and launch a platform that connects customers to popular weight-loss medications.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Healthcare costs reached a post-pandemic peak. These steps during open enrollment could also be helpful</title>
		<link>https://bloggingthree.soflytech.com/2024/10/healthcare-costs-reached-a-post-pandemic-peak-these-steps-during-open-enrollment-could-also-be-helpful/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 14 Oct 2024 20:11:20 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[costs]]></category>
		<category><![CDATA[Enrollment]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[helpful]]></category>
		<category><![CDATA[open]]></category>
		<category><![CDATA[Peak]]></category>
		<category><![CDATA[postpandemic]]></category>
		<category><![CDATA[reached]]></category>
		<category><![CDATA[steps]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=17314</guid>

					<description><![CDATA[Approximately 165 million Americans get their medical insurance through work, and yet most don&#39;t spend much time fascinated with what advantages their employer will offer and the way much they are going to cost. In fact, employees only spent about 45 minutes a yron average determine which profit options suit them best, a report from [&#8230;]]]></description>
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<p>Approximately 165 million Americans get their medical insurance through work, and yet most don&#39;t spend much time fascinated with what advantages their employer will offer and the way much they are going to cost.</p>
<p>In fact, employees only spent about <a href="https://www.aon.com/human-capital-consulting/thought-leadership/communication/article_enable_decisions" target="_blank" rel="noopener">45 minutes a yr</a>on average determine which profit options suit them best, a report from Aon found.</p>
<p><a href="https://www.shrm.org/topics-tools/news/benefits-compensation/open-enrollment-guide-resources" target="_blank" rel="noopener">Open Enrollment Season</a>which normally runs until early December, is a chance to take a more in-depth have a look at what it&#39;s all about.</p>
<p>And to start with, the prices increase significantly.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline0"></a>The costs are rising</h2>
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<p>The costs of healthcare have been rising steadily for years. There has been a big increase more recently.</p>
<p>For employers, these cost increases are reaching proportions <a href="https://www.wtwco.com/en-us/news/2024/09/healthcare-costs-at-a-post-pandemic-high-us-employers-prioritize-affordability-and-wellbeing" target="_blank" rel="noopener">Post-pandemic high</a>in response to WTW, a consulting firm formerly often known as Willis Towers Watson. U.S. employers expect their health care costs to rise 7.7% in 2025, in comparison with 6.9% in 2024 and 6.5% in 2023, the corporate said.</p>
<p>Because of upper costs, employers are considering recent ways to regulate their plan offerings, WTW noted.</p>
<p>To date, 52% of firms said they plan to implement programs to scale back overall costs, and just as many plan to shift to lower-cost providers and treatment locations, potentially leading to a narrower network of physicians to select from.</p>
<p>According to an expert services firm, employers currently subsidize a median of about 81% of the associated fee of medical insurance while employees pay the remainder <a href="https://www.prnewswire.com/news-releases/aon-us-employer-health-care-costs-projected-to-increase-9-percent-next-year-302223205.html#:~:tex%5B%E2%80%A6%5Dble.%22" target="_blank" rel="noopener">Aeon</a>.</p>
<p>However, among the higher costs are inevitably passed on to the workers.</p>
<p><strong>More from Personal Finance:</strong><br />Ozempic is driving up the associated fee of your healthcare<br />2.5% adjustment of social security advantages from 2025<br />“Fantastic time” to reconsider bonds as rates of interest fall</p>
<p>About a 3rd, or 34%, of employers expect to shift some costs to employees in the approaching yr through higher premiums or increasing copays for high-deductible health plans, the WTW report said.</p>
<p>Per-employee costs are expected to extend by a median of 5.8% in 2025, which might mark the third consecutive yr of rising health care costs <a href="https://www.mercer.com/en-us/about/newsroom/employers-expect-third-consecutive-year-of-health-benefit-cost-increases-above-5-percent-in-2025/" target="_blank" rel="noopener">over 5%</a>after a decade with a median of just around 3%, in response to a separate report from consulting firm Mercer. </p>
<p>“These are changes that employees will feel,” said Beth Umland, research director for health and human services at Mercer.</p>
<p>Health care costs are already high for employees: Family premiums for employer-sponsored medical insurance rose 7% this yr to a median of $25,572. <a href="https://www.kff.org/health-costs/report/2024-employer-health-benefits-survey" target="_blank" rel="noopener">KFF&#39;s 2024 Employer Health Benchmark Survey</a> found. More than $6,200 of that quantity is the responsibility of employees, while the remainder is borne by employers.</p>
<p>“As cost increases peak post-pandemic, companies are concerned about the burden they are placing on their workforce, particularly as it impacts insurance coverage and care decisions,” said Tim Stawicki, chief actuary for health and advantages at WTW, in a press release.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline1"></a>Consider your healthcare expenses</h2>
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<p>Employees are sometimes presented with options for selecting a medical insurance plan: one with a better monthly cost, called a premium, and a lower deductible, which is the quantity you will need to pay before your employer&#39;s plan takes effect, and an alternative choice with a better one Out-of-pocket costs, but lower premiums.</p>
<p>“When you go through open enrollment, the first thing you see is usually the deductible and out-of-pocket costs,” said Regina Ihrke, WTW North America director of health, equity and well-being.</p>
<p>When weighing options, look to previous years, says Gary Kushner, chairman and president of Kushner &#038; Company, a advantages design and administration firm.</p>
<p>He said it&#8217;s best to think, “Am I a low, medium or high family? Did I have an incident that required acute care or basically a lot of preventative care?”</p>
<p>If you normally only go to the doctor annually for a check-up, you possibly can go for the so-called high deductible plan with the lower monthly costs. </p>
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<h2 class="ArticleBody-subtitle"><a id="headline2"></a>Health Savings Accounts</h2>
<div class="group">
<p>In addition to high-deductible medical insurance, greater than 50% of employers also offer one <a href="https://www.wtwco.com/en-us/insights/2024/10/unlock-the-power-of-hsas-5-smart-strategies-for-health-and-wealth" target="_blank" rel="noopener">Health Savings Account</a>or HSA, which may help cover additional healthcare costs.</p>
<p>To use an HSA, you will need to have an eligible high-deductible medical insurance plan. The IRS defines a &#8220;high deductible&#8221; as at the least $1,650 for self-only plans or $3,300 for family coverage for 2025.</p>
<p>The IRS also sets the utmost allowable contribution annually: the brand new one <a href="https://www.irs.gov/pub/irs-drop/rp-24-25.pdf" target="_blank" rel="noopener">HSA contribution limit</a> for 2025 the quantity is $4,300 for people, up from $4,150 in 2024, and $8,550 for families, up from $8,300 in 2024. Employees aged 55 and over could make an extra catch-up contribution of $1,000. Contribute dollars in excess of the annual IRS limits.</p>
<p>The HSA contributions then grow tax-free and the funds can cover out-of-pocket costs, including doctor&#39;s visits and prescription medications, including expensive weight-loss medications.</p>
<p>As costs proceed to rise, HSAs are a vital safety net for coping with these out-of-pocket costs, WTW&#39;s Ihrke said. Unused funds may be rolled over from yr to yr.</p>
<p>“Make sure you think about how you can put some money into the savings account so you can use it to pay a medical bill or save it for years to come,” Ihrke explained.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline3"></a>Life and disability insurance</h2>
<div class="group">
<p>With open enrollment, employees may additionally be offered various disability and life insurance options, often included in a normal advantages package.</p>
<p>Employer-issued life insurance policies typically cover an annual salary. You can take out additional life insurance through your employer. This is named supplemental life insurance or voluntary life insurance and is optional coverage which you could add to your employer&#39;s basic group policy.</p>
<p>There are principally two kinds of occupational disability insurance: Short-term disability normally replaces 60 to 70% of your basic salary and the premiums are sometimes covered by your employer. Long-term disability, which generally occurs after three to 6 months, typically replaces 40 to 60% of your income.</p>
<p>Even if you&#8217;ve got these policies for work, it could only be a fraction of what it is advisable to protect babies or other dependents.</p>
<p>Think about what amount is true for you and your loved ones, then consider whether you ought to take out additional insurance or additional insurance through your group plan at work, or take out your individual policy, which many advisors recommend.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline4"></a>Benefit from voluntary services</h2>
<div class="group">
<p>Additional advantages could also be optional, but they are only as vital today, especially relating to well-being. According to a recent report by , nearly one in five open enrollment employees report worsening mental health <a href="https://www.ajg.com/us/insights-and-opportunities-from-the-2024-wellbeing-and-voluntary-benefits-survey/" target="_blank" rel="noopener">Gallagher</a>.</p>
<p>“Now more than ever, we are seeing employers wanting to address the evolving needs of their workforce,” said Tom Kelly, head of Gallagher’s health and advantages practice, and “today’s workforce is looking for more holistic support for their well-being.”</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>US prodigy Caroline Marks has reached the top of browsing – is Olympic gold next?</title>
		<link>https://bloggingthree.soflytech.com/2024/07/us-prodigy-caroline-marks-has-reached-the-top-of-browsing-is-olympic-gold-next/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 24 Jul 2024 12:53:44 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[Caroline]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[marks]]></category>
		<category><![CDATA[Olympic]]></category>
		<category><![CDATA[pinnacle]]></category>
		<category><![CDATA[prodigy]]></category>
		<category><![CDATA[reached]]></category>
		<category><![CDATA[surfing]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=9852</guid>

					<description><![CDATA[Peace. That&#39;s what Caroline Marks, the 22-year-old browsing sensation, feels on the waves. No phone, no distractions. Just a deep connection between man and Mother Nature. Board and sea. Marks describes it as “painting a picture.” &#8220;When you&#39;re on the wave, you&#39;re very free,&#8221; Marks said. &#8220;It&#39;s a blank canvas. It&#39;s never the same wave [&#8230;]]]></description>
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<p>Peace.</p>
<p>That&#39;s what Caroline Marks, the 22-year-old browsing sensation, feels on the waves.</p>
<p>No phone, no distractions. Just a deep connection between man and Mother Nature. Board and sea.</p>
<p>Marks describes it as “painting a picture.”</p>
<p>&#8220;When you&#39;re on the wave, you&#39;re very free,&#8221; Marks said. &#8220;It&#39;s a blank canvas. It&#39;s never the same wave and it&#39;s always exciting. It&#39;s a sport you can never really master.&#8221;</p>
<p>This love affair with browsing took Marks to the highest of the game. Multiple national championships. She was the youngest surfer to qualify for the Women&#39;s Championship Tour. She was the youngest woman to compete in a World Surf League (WSL) event. The crowning glory: winner of the WSL Women&#39;s World Tour at age 21.</p>
<p>Marks is a component of the U.S. Olympic browsing team for the 2024 Paris Games. Starting July 27, she will probably be browsing the historic waves of Teahupo&#39;o in Tahiti, removed from the Eiffel Tower. In her second Olympic Games, Marks has her sights set on the rostrum after narrowly missing out on a bronze medal in Tokyo.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Caroline has been spending as much time as possible on the End of the Road because it was added to the Women&#39;s Tour and is a Teahupo&#39;o veteran, securing her first victory in Tahiti in 2023 over US teammate Caity Simmers.</p>
<p>Marks continues Florida’s decades-long tradition … <a href="https://t.co/6GghdKtI0F">pic.twitter.com/6GghdKtI0F</a></p>
<p>— World Surf League (@wsl) <a href="https://twitter.com/wsl/status/1813341892819771501?ref_src=twsrc%5Etfw">July 16, 2024</a></p>
</blockquote>
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<p>Growing up in Melbourne Beach, Florida, the third of six children, Marks desired to be like her brothers. Her first taste of sports was horseback riding and barrel racing. But if she desired to impress her brothers, Marks needed to try a more adventurous sport.</p>
<p>Then got here browsing. Her oldest brother Luke competed in junior and skilled competitions. Marks got into the water at age 7. There was a surf spot across the road from Marks&#39; apartment in Melbourne Beach where she surfed for the primary time.</p>
<p>It wasn&#39;t only a sport she could beat her brothers at. Surfing became a viable profession.</p>
<p>The Marks family moved to San Clemente, California, a hotspot for surfers. The move to the Golden Coast was closely linked to Marks&#39; rise. At age 11, Marks won the Surfing America Prime for under-12s, the premier amateur browsing competition. At age 15, Marks was the youngest competitor to qualify for the WSL Championship Tour. More titles followed in 2019, with Marks taking two wins and ending the yr in second place.</p>
<p>With the meteoric success got here enormous expectations. There was little question that Marks was a rising star in browsing. The query was, when would she win the highest events? For surfers, that&#39;s a World Championship and the Olympics.</p>
<p>In December 2019, Marks finished second on the WSL Championship Tour behind Carissa Moore, a five-time world champion and first Olympic gold medalist. This secured Marks a spot on the inaugural U.S. Olympic Surfing Team in Tokyo.</p>
<p>The first two rounds of the browsing competition are preliminary rounds. In the third round, the head-to-head knockout competition begins with the round of 16. This is followed by quarter-finals, semi-finals and finals. Marks made it to the semi-finals, where he lost to South African surfer Bianca Buitendag. In the duel for the bronze medal, Marks lost to Japanese Amuro Tsuzuki by 2.54 points.</p>
<p>&#8220;It obviously sucked,&#8221; said Marks. &#8220;I was really disappointed.&#8221;</p>
<div id="attachment_5652431" class="wp-caption alignnone">
<div class="wp-caption-image-container"><img loading="lazy" decoding="async" loading="lazy" class="wp-image-5652431 size-full" src="https://cdn.theathletic.com/app/uploads/2024/07/23053158/GettyImages-1670640163-scaled.jpg" alt="Caroline Marks" width="2560" height="1707" srcset="https://cdn.theathletic.com/app/uploads/2024/07/23053158/GettyImages-1670640163-scaled.jpg 2560w, https://cdn.theathletic.com/app/uploads/2024/07/23053158/GettyImages-1670640163-300x200.jpg 300w, https://cdn.theathletic.com/app/uploads/2024/07/23053158/GettyImages-1670640163-1024x683.jpg 1024w, https://cdn.theathletic.com/app/uploads/2024/07/23053158/GettyImages-1670640163-1536x1024.jpg 1536w, https://cdn.theathletic.com/app/uploads/2024/07/23053158/GettyImages-1670640163-2048x1366.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px"></p>
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      <span class="credits-text">Caroline Marks celebrates her title within the 2023 WSL final. At just 22 years old, the American star is traveling to the Olympic Games as a gold medal candidate. (Sean M. Haffey / Getty Images)</span></div>
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<p>Marks didn&#39;t realise the pressure as she rose up the browsing rankings. She was winning events at such a young age and the whole lot happened so quickly. She never lacked confidence, but crossing that threshold and becoming a world champion isn&#39;t easy.</p>
<p>In 2022, Marks missed half of the browsing season to, as she says, &#8220;deal with recurring medical and health issues.&#8221; She didn&#8217;t qualify for the WSL Finals.</p>
<p>Joy all the time accompanied Marks browsing, but today she admits that she put an excessive amount of pressure on herself and made her happiness depending on the outcomes.</p>
<p>&#8220;Surfing is your life, your purpose in life, it comes before anything else,&#8221; said Marks. &#8220;That&#39;s how it should be if you want to win and achieve something. You put so much into the preparation, don&#39;t get the result you want and then you get really depressed.&#8221;</p>
<p>Marks leaned on her support system. Family and friends. She lived by the motto, &#8220;If you don&#39;t win, you learn.&#8221; The disappointment of Tokyo become gratitude. She was thankful to be on the Olympic team, to surf with a job model like Moore, and to satisfy athletes like American long jumper Tara Davis-Woodhall within the Olympic Village.</p>
<p>It has inspired Marks to return to browsing as a more resilient athlete.</p>
<p>On her return to competition in June 2023, Marks won the El Salvador Surf City Pro, a WSL event, followed by a win on the Tahiti Pro, on the identical course as Paris 2024, culminating within the Rip Curl WSL Finals last September in Lower Trestles, California, her home state.</p>
<p>Marks entered the competition because the number three seed, defeating fourth-seeded Caitlin Simmers and second-seeded double world champion Tyler Wright en path to the ultimate, establishing a rematch against Moore.</p>
<p>Marks had a big group of supporters on the beach. Friends from California, family from Florida, coaches and support staff. All there to witness a possible coronation.</p>
<p>Marks didn&#8217;t disappoint. In the primary heat, she showed off her backhand and carving skills (the 180-degree activate the wave) with great force. The bottom turn and top turn underlined Marks&#39; control of the wave. She scored 8.67 (out of 10) and compelled Moore to react. Marks&#39; overall rating in the primary heat was 17.10 in comparison with 14.97 for Moore.</p>
<p>In the second run, Mark&#39;s maneuvers with the board earned her a rating of seven.00. She followed that up with a rating of seven.60, securing the title of world champion.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">The World Champion 2023 <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://twitter.com/hashtag/CarolineMarks?src=hash&#038;ref_src=twsrc%5Etfw">#CarolineMarks</a></p>
<p>Repeat the <a href="https://twitter.com/hashtag/RipCurlWSLFinals?src=hash&#038;ref_src=twsrc%5Etfw">#RipCurlWSLFinals</a> now <a href="https://t.co/ie0ZfMWjFw">https://t.co/ie0ZfMWjFw</a>.<a href="https://twitter.com/ripcurl?ref_src=twsrc%5Etfw">@ripcurl</a> <a href="https://t.co/a4apPdBSey">pic.twitter.com/a4apPdBSey</a></p>
<p>— World Surf League (@wsl) <a href="https://twitter.com/wsl/status/1702004269912834491?ref_src=twsrc%5Etfw">13 September 2023</a></p>
</blockquote>
<p>When her fans lifted Marks up on the beach to have a good time her, she felt like &#8220;a weight had been lifted off her shoulders.&#8221; But the actual joy was celebrating with the individuals who had helped her achieve this crowning achievement.</p>
<p>&#8220;All of these people have made a sacrifice for me to get me where I need to be to achieve my goal, and I think this is just the best way to repay them,&#8221; Marks said.</p>
<p>With the Olympics just two weeks away, Marks is putting the ending touches to her preparations. She will arrive in Tahiti 10 days before the Olympic browsing competition begins. An opportunity to get used to the waves of Tahiti, deal with rest and rest, while having fun with time together with her parents, her two younger siblings and other members of the family.</p>
<p>Marks won&#8217;t be together with her fellow Americans on the opening ceremony. She will probably be on an island nearly 10,000 miles away. Her goal is to bring the hardware for the closing ceremony.</p>
<p>Marks admits she is a unique athlete and person since three years ago, but once she is on the board, she is free.</p>
<p>No phone. No distractions. Just a surfer trying to overcome the waves.</p>
<p style="text-align: right;">The athlete</p>
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<p><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script><br />
<br /><em>image credit : www.nytimes.com</em></p>
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		<title>Scottie Scheffler&#039;s fame has reached recent heights. The PGA Tour star is fighting it</title>
		<link>https://bloggingthree.soflytech.com/2024/07/scottie-schefflers-fame-has-reached-recent-heights-the-pga-tour-star-is-fighting-it/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 18 Jul 2024 09:31:31 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[Fame]]></category>
		<category><![CDATA[heights]]></category>
		<category><![CDATA[PGA]]></category>
		<category><![CDATA[reached]]></category>
		<category><![CDATA[Scheffler39s]]></category>
		<category><![CDATA[Scottie]]></category>
		<category><![CDATA[star]]></category>
		<category><![CDATA[struggling]]></category>
		<category><![CDATA[Tour]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=9304</guid>

					<description><![CDATA[Follow live coverage of the primary day of the Open 2024 from Royal Troon today TROON, Scotland — Every day the questions got here, one after the opposite, and Scottie Scheffler got mad about whether he would go away the Masters while his wife was in labor with their first child. The entire week revolved [&#8230;]]]></description>
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<p><i><span>Follow live coverage of the primary day of the Open 2024 from Royal Troon today</span></i> </p>
<p>TROON, Scotland — Every day the questions got here, one after the opposite, and Scottie Scheffler got mad about whether he would go away the Masters while his wife was in labor with their first child. The entire week revolved around this emotional turning point in his life. People and Us Weekly followed it like celebrity gossip. Here at, we even wrote a story about how Scheffler took the lead Saturday night without his wife, Meredith, by his side.</p>
<p>The baby&#39;s due date was just one month away.</p>
<p>When Bennett was finally born in May, an ESPN reporter ambiguously announced the news with the hashtag #babyborn. The PGA Tour made the announcement on its website. Scheffler&#39;s arrival this week on the PGA Championship in Louisville, Kentucky, was like a royal appearance.</p>
<p>Scottie Scheffler&#39;s life is suddenly very different. A golfer once considered boring, unexciting and mediocre has someway gone from being a extremely good golfer to being incredibly famous. A player who talked greater than anyone else on Tour in regards to the importance of keeping golf and life separate &#8211; in regards to the fundamental must stay grounded despite success and generational wealth &#8211; is now the focal point. His injuries and equipment changes make headlines. His family is fodder for the tabloids. A bizarre arrest in Louisville made him a world fascination. His rare weeks when he finishes outside the highest 10 in a significant are treated like disasters.</p>
<p>Scheffler was the world&#39;s No. 1 golfer for 96 of the last 121 weeks. But it wasn&#39;t until 2024 that he became a superstar.</p>
<p>&#8220;It was definitely a little more difficult,&#8221; Scheffler said on Tuesday before the Open Championship at Royal Troon. &#8220;I think I&#39;m definitely continuing to play better this year &#8211; especially in tournaments, I think there&#39;s just a lot more happening from day to day. I think I almost had to get more into it, just keep working on my calmness so that it&#39;s really restful.&#8221;</p>
<div id="attachment_5641669" class="wp-caption aligncenter">
<div class="wp-caption-image-container"><img loading="lazy" decoding="async" loading="lazy" class="wp-image-5641669 size-full" src="https://cdn.theathletic.com/app/uploads/2024/07/16140436/GettyImages-2156828608-scaled.jpg" alt="" width="2560" height="1707" srcset="https://cdn.theathletic.com/app/uploads/2024/07/16140436/GettyImages-2156828608-scaled.jpg 2560w, https://cdn.theathletic.com/app/uploads/2024/07/16140436/GettyImages-2156828608-300x200.jpg 300w, https://cdn.theathletic.com/app/uploads/2024/07/16140436/GettyImages-2156828608-1024x683.jpg 1024w, https://cdn.theathletic.com/app/uploads/2024/07/16140436/GettyImages-2156828608-1536x1024.jpg 1536w, https://cdn.theathletic.com/app/uploads/2024/07/16140436/GettyImages-2156828608-2048x1365.jpg 2048w" sizes="auto, (max-width: 2560px) 100vw, 2560px"></p>
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      <span class="credits-text">Scottie and Meredith Scheffler with son Bennett after Scottie&#39;s victory on the Memorial Tournament last month. (Michael Reaves / Getty Images)</span></div>
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<p>Scheffler has all the time tried hard to maintain his life small. He has some big sponsorship deals, but they&#8217;re minimal in number. He doesn&#39;t post his life on social media. He stays away from his phone for a remarkable period of time overall.</p>
<p>And before this 12 months, that was all nice. He was No. 1 on this planet. He was the 2022 Masters champion. But he was the fifth most famous player in his sport. He might be normal. Ignore an occasional interview? No big deal. Not sign a contract for a fan? Oh well, he wants more other people anyway.</p>
<p>But beyond elevating his game to recent levels in 2024, something has noticeably modified. He&#39;s won six major tournaments in his last 10 starts, including his second Masters green jacket in April. Conversations around major championships have develop into, &#8220;Who&#39;s your favorite, you know, other than Scottie?&#8221; And while his galleries were solid but unremarkable a 12 months ago, Scheffler now has the largest fan base alongside Tiger Woods, as fans need to see history made.</p>
<p>A certain sense of responsibility is now evident in his public appearances. He seems to have understood that.</p>
<p>&#8220;It&#39;s a pretty cool feeling to make someone&#39;s day by signing an autograph or taking a picture,&#8221; Scheffler said. &#8220;It&#39;s a pretty fun feeling. I try to capitalize more on that side of it than not being able to sign everyone&#39;s autograph. People get upset because you can&#39;t get a hold of them all day. That&#39;s not a nice feeling. I try to capitalize more on making someone&#39;s day by signing something or taking a picture.&#8221;</p>
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<div class="go-deeper-img"><img decoding="async" loading="lazy" src="https://cdn.theathletic.com/cdn-cgi/image/width=128,height=128,fit=cover,format=auto/app/uploads/2024/07/15153155/0716_YouTubeGolf-1024x512.png" class="go-deeper" alt="go deeper"></div>
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<p class="go-deeper-label">GO DEEPER</p>
<p class="go-deeper-title">YouTube Golf Is Taking Over. Will the PGA Tour Like and Subscribe?</p>
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<p>It&#39;s fascinating how this has slowly developed. It&#39;s really easy to forget that his pre-tournament press conference on the Players Championship in March was stuffed with questions on how unfamous he was and why, for some reason, he hadn&#39;t made as much of an impact as other big stars.</p>
<p>But something happened within the second round that week. He had won the Arnold Palmer Invitational the week before with a brand new putter, and there was increasing talk of how unstoppable he could be with a greater green shot. Then, that Friday, Scheffler injured his neck barely and needed to be massaged before every tee shot for several holes. Suddenly, a few dozen reporters from the media center rushed to catch him on the back nine. It was urgent. It was covered in a way that golf injuries are almost never covered. Of course, he got here back from behind and won.</p>
<p>His four-shot victory on the Masters was treated as a given. He had Tiger-like odds as a 4-1 favorite, while his week was continually dominated by the arrival of his son. His greatness took on a brand new tone.</p>
<p>But it was that strange, horrific day in Louisville that took Scheffler over the Rubicon. When Scheffler was slammed right into a automobile and arrested before the second round of the PGA Championship, it was a viral, lightning-fast moment. By the time he teed off, hours after his prison sentence, fans had &#8220;Free Scottie&#8221; T-shirts and were buying prisoner costumes in support. They were for him, and all due to one freak incident.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p>— The Open (@TheOpen) <a href="https://twitter.com/TheOpen/status/1813146821985763706?ref_src=twsrc%5Etfw">July 16, 2024</a></p>
</blockquote>
<p>Since that Masters victory, he has won three more times. When he finished forty first on the US Open in June &#8211; his first time in 2 1/2 years ending outside the highest 25 at a significant &#8211; it was met with concern.</p>
<p>So how does someone who places such importance on living a quiet life outside of golf cope with this recent level of attention and be certain that it doesn&#39;t affect his profession?</p>
<p>&#8220;I think that&#39;s something my wife and I are constantly working on,&#8221; Scheffler said. &#8220;What does recovery look like when we&#39;re home and resting? It doesn&#39;t necessarily mean sitting there watching TV. We do a lot of different things to get good rest so that when we get back on the road and playing and doing things, I have the energy to compete. I have the energy &#8211; really the social energy to go out and interact with the fans and do stuff like that, sit in the media center.&#8221;</p>
<div class="go-deeper">
<div class="go-deeper-img"><img decoding="async" loading="lazy" src="https://cdn.theathletic.com/cdn-cgi/image/width=128,height=128,fit=cover,format=auto/app/uploads/2024/07/15110848/GettyImages-2162006198-1024x683.jpg" class="go-deeper" alt="go deeper"></div>
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<p class="go-deeper-label">GO DEEPER</p>
<p class="go-deeper-title">Are Ludvig Åberg’s Sunday lulls the primary scars of the phenomenon?</p>
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<p>This is where Scheffler now lives, for higher or for worse. He is an envoy now. He is a celeb. He has responsibilities and expectations. And sometimes meaning strange interactions with strangers who recognize him.</p>
<p>&#8220;There are always some funny ones because I think sometimes people don&#39;t know exactly what to say and they can be a little weird sometimes,&#8221; he said, laughing.</p>
<p>This week at Royal Troon, Scheffler will attempt to cap a historic 12 months. He has the prospect to develop into the primary golfer since Arnold Palmer in 1962 to win seven tournaments up thus far in July, and a second major in 2024 would show just how great he has been.</p>
<p>So, yes, Scheffler has finally accepted that he&#39;s famous. He admits that his life is different and that&#39;s not going to vary. But don&#39;t expect Scheffler to clarify why people love him.</p>
<p>&#8220;I can&#39;t tell you,&#8221; said Scheffler with a smile. &#8220;You&#39;d have to ask yourself.&#8221;</p>
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<br /><em>image credit : www.nytimes.com</em></p>
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		<title>Elder fraud has reached epidemic proportions – a geriatrician explains what older Americans must know</title>
		<link>https://bloggingthree.soflytech.com/2024/06/elder-fraud-has-reached-epidemic-proportions-a-geriatrician-explains-what-older-americans-must-know/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 17 Jun 2024 15:24:12 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Americans]]></category>
		<category><![CDATA[Elder]]></category>
		<category><![CDATA[epidemic]]></category>
		<category><![CDATA[explains]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[geriatrician]]></category>
		<category><![CDATA[older]]></category>
		<category><![CDATA[proportions]]></category>
		<category><![CDATA[reached]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=6572</guid>

					<description><![CDATA[Americans aged 60 and over lost greater than $3 billion to scammers in 2023, in keeping with the FBI. To put this massive number into context, Taylor Swift’s Eras Tour recently made headlines as first concert tour ever to gross $1 billion. As a geriatrician – a health care provider who cares for people over [&#8230;]]]></description>
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<p>Americans aged 60 and over <a href="https://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3ElderFraudReport.pdf">lost greater than $3 billion</a> to scammers in 2023, in keeping with the FBI. </p>
<p>To put this massive number into context, Taylor Swift’s Eras Tour recently made headlines as <a href="https://apnews.com/article/taylor-swift-eras-tour-billion-dollar-record-52945111233438b1f2166aa19eee365f">first concert tour ever to gross $1 billion</a>. </p>
<p><a href="https://uvahealth.com/findadoctor/Laurie-Archbald-Pannone-1356544233">As a geriatrician</a> – a health care provider who cares for people over 65 years of age – I consider the fraud against older people has <a href="https://www.publichealth.columbia.edu/news/epidemic-endemic-pandemic-what-are-differences">epidemic proportions</a>. My patients often tell me that they&#8217;ve been deceived.</p>
<p>The consequences will be worse than simply losing money. The experience <a href="https://www.aarp.org/money/scams-fraud/info-2022/mental-health-impact.html">is traumatic</a> for a lot of, with some victims <a href="https://www.finrafoundation.org/sites/finrafoundation/files/Blame-and-Shame-in-the-Context-of-Financial-Fraud.pdf">feel deep shame</a> and, in consequence, self-doubt. This can affect their relationships, undermine their trust in others, and harm their mental and physical health.</p>
<p>Teaching older Americans how one can recognize and avoid fraud – and how one can report such crimes – could help mitigate the impact of this contemporary epidemic.</p>
<h2>Fraud against the elderly is increasing</h2>
<p>A <a href="https://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3ElderFraudReport.pdf">current FBI report</a> shows how widespread fraud against the elderly is. In 2023, Americans over 60 filed 14% more complaints with the FBI <a href="https://www.ic3.gov">Cybercrime Complaints Center</a>or IC3 than within the previous yr. Estimated financial losses increased by about 11% over the identical period.</p>
<p>These numbers, as grim as they&#8217;re, represent just the tip of the iceberg. For one thing, only about half of the cybercrime reports reported to the FBI included information concerning the victim&#39;s age—meaning reported cases of elder fraud are underreported.</p>
<p>In addition, these figures don&#8217;t consider the various scams that happen over the phone, by mail or in person. And many scam victims never report their experiences – actually because <a href="https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-scams-and-crimes/elder-fraud">They are embarrassed, afraid or don&#39;t know what to do</a>. </p>
<p>While <a href="https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2022/12/who-experiences-scams-story-all-ages">People of all ages</a> Older persons are particularly liable to becoming victims of fraud. </p>
<p>The FBI has identified that older adults are sometimes targeted because they <a href="https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-scams-and-crimes/elder-fraud">are likely to be more trusting and polite</a>. She often <a href="https://www.cnbc.com/select/americans-average-net-worth-by-age/">have financial savings</a>, <a href="https://www.census.gov/library/stories/2023/07/younger-householders-drove-rebound-in-homeownership.html">Homes</a> And <a href="https://www.cnbc.com/2024/04/27/average-credit-score-at-every-age-in-the-us.html">have a great credit standing</a> – all of this makes them more attractive to fraudsters. </p>
<p>Older people might also be less comfortable with recent technologies, putting them in danger. Consider that somebody who&#8217;s 85 years old could have retired in 2004 – <a href="https://www.wired.com/story/guide-iphone">three years before Apple introduced the iPhone</a>While many types of technology have permeated our personal lives, many individuals receive mandatory training within the workplace – for instance, on how one can avoid online fraud. </p>
<h2>The wide world of fraud</h2>
<p>In 2023 <a href="https://www.fbi.gov/news/stories/elder-fraud-in-focus">Technical support scam</a> were essentially the most commonly reported variety of fraud against the elderly. Other common scams are <a href="https://states.aarp.org/minnesota/recognizing-red-flags-in-online-romance">Love scam</a>, <a href="https://www.pcmag.com/news/non-paymentnon-delivery-is-the-top-cybercrime-not-data-breaches">Online shopping fraud</a> And <a href="https://consumer.ftc.gov/articles/investment-scams">Investment fraud</a>While fraud is most typical within the technology sector, investment fraud is the most costly. <a href="https://www.fbi.gov/news/stories/elder-fraud-in-focus">Almost half of all reported losses</a> of those over 60 years of age last yr.</p>
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<p>Fraudulent call centers are also known to focus on older adults. Such scams consist of <a href="http://www.ic3.gov/Media/PDF/AnnualReport/2023_IC3ElderFraudReport.pdf">40% of reported cases of fraud against the elderly</a> in 2023, in keeping with the FBI, which suggests at the very least $770 million in losses. Many are using recent technologies similar to <a href="https://www.aarp.org/money/scams-fraud/info-2024/ai-scams.html">artificial intelligence</a> to deceive people more effectively with <a href="https://www.fdacs.gov/Consumer-Resources/Scams-and-Fraud/Artificial-Intelligence-and-Scams">Fraud with voice clones</a> or <a href="https://www.nyc.gov/site/dca/consumers/artificial-intelligence-scam-tips.page#:%7E:text=Scammers%20can%20impersonate%20your%20family,called%20voice%20cloning%20or%20deepfakes">“Deepfake” videos</a>.</p>
<p>Call center scammers tell all types of lies. In 2022, greater than 600 people reported being victims of <a href="https://www.ic3.gov/Media/Y2023/PSA230302">a single timeshare-related scam</a>. They lost nearly $40 million together. And within the second half of 2023, scammers posing as government officials and technical support staff urged victims to <a href="https://www.ic3.gov/Media/Y2024/PSA240129#:%7E:text=Scammers%20instruct%20victims%20to%20liquidate%20their%20assets%20into%20cash%20and,precious%20metals%20to%20victims'%20homes">liquidate their assets</a> or buy precious metals – reported losses amounted to over $55 million. </p>
<h2>Combating a fraud epidemic</h2>
<p>As with any epidemic, &#8220;infection control measures&#8221; can assist us contain the spread. Just as vaccines create immunity against viruses, prevention measures can assist people strengthen their defenses to avoid scams. The most vital tool for fraud prevention is learning how one can spot potential scams prematurely. Here are some FBI-approved tricks to show you how to just do that:</p>
<p>• If you think there may be an instantaneous danger to yourself or a loved one, call the police immediately.</p>
<p>• Be wary of unsolicited telephone calls, mail, and door-to-door service offers.</p>
<p>• Do not click on unwanted links that you just receive via email or text message – even when they seem like from people you already know. And never open an email attachment from someone you have no idea.</p>
<p>• If you&#8217;ve got any doubts a few person or company, search online for his or her name, email, phone number and addresses, in addition to details of the offers they provide. These days, most legitimate firms have some level of online presence. And whether it is a scam, you could find other <a href="https://www.bbb.org/scamtracker">have already passed on information</a> about it.</p>
<p>• Never give or send anything to unverified people or firms, including personal information, money, jewelry, gift cards, checks, or wire transfer information.</p>
<p>• Make sure your computer&#39;s anti-virus, security software and malware protection are up so far. </p>
<p>• Malicious actors can use pop-ups to spread malware. If you see a pop-up message, disconnect from the Internet and shut down your device. You can enable pop-up blockers to stop you from by accident clicking on a message.</p>
<p>• Do not give anyone you have no idea distant access to &#8220;fix&#8221; your computer or other electronic devices. This could give them access to non-public information, including details of your bank accounts.</p>
<p>• If you might be asked to misinform your bank about why you&#8217;ll want to transfer money or make a withdrawal, it might be a scam. A good company may even not insist that you just keep secrets from family or friends. </p>
<p>• Resist the pressure to act quickly. This is a vital point: scammers often create a false sense of urgency. A good company will make you rethink your financial decisions.</p>
<p>• And most significantly, trust your instincts.</p>
<h2>What to do in the event you think you&#8217;ve got fallen victim to a scam?</h2>
<p>Despite your best efforts, you could fall for a scammer. If that happens, know that you just are usually not alone &#8211; and that you may get better. Here are some tips about how one can take care of the aftermath:</p>
<p>• If a criminal gains access to your device or account, take steps to guard your identity. If a bank is involved, contact your financial institution immediately to guard your accounts and monitor your accounts and private information for suspicious activity.</p>
<p>• Contact <a href="https://www.fbi.gov/contact-us/field-offices">Your local FBI field office</a>or, if the crime was committed via the Internet, <a href="https://www.ic3.gov/Home/FAQ">Submit your tip online</a>. </p>
<p>• When reporting a scam, provide as many details as possible. This may include names, contact information, communication methods, telephone numbers, email and postal addresses, and web sites utilized by the perpetrator.</p>
<p>• Also note the payment methods you used to transfer money &#8211; including wire transfers and prepaid cards &#8211; and account numbers. Describe your interactions with the scammer and any instructions you received.</p>
<p>• Keep original documents, emails, faxes and communication logs wherever possible.</p>
<p>• Falling for a scam will be scary and stressful. Talk to people you already know and trust to support you during this difficult time. Some support groups are the <a href="https://www.aarp.org/money/scams-fraud/voa-rest-program/">AARP Fraud Watch Network</a> and that <a href="https://fightcybercrime.org/programs/romance-scam-recovery-group/">Cybercrime Support Network Peer Support Program</a>. </p>
<p>• If your emotional response is overwhelming, you must talk over with a counselor, therapist or your medical team.</p>
<figure>
<p><iframe title="Former Dir. Webster Warns About Elder Fraud" width="1170" height="658" src="https://www.youtube.com/embed/BNlPQvdRf1E?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p><figcaption><span class="caption">Former FBI Director William Webster talks about his experiences with elder fraud.</span></figcaption></figure>
<p>If you or someone you like falls for a scam, you are usually not alone. Not even law enforcement professionals are immune. At the age of 90, former FBI Director William Webster fell victim to a scam – an experience he <a href="https://www.cbsnews.com/pittsburgh/news/former-fbi-director-wife-elder-fraud-threatened-scammer/">courageously shared with the world</a>. </p>
<p>I encourage my patients to not be too ashamed to inform what happened. Talking about these experiences is a vital step within the fight against this epidemic.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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