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Month: April 2024

Walmart to close all 51 health centers, including 8 in Central Florida

Walmart to close all 51 health centers, including 8 in Central Florida

Walmart is closing its health centers and virtual care service after struggling to find success with the offerings, the U.S. retailer said Tuesday.

The company has three clinics in Orlando, two in Kissimmee, and one each in Ocoee, Sanford and Winter Garden, according to its website.

The Bentonville, Arkansas-based company said that after managing the facilities it launched in 2019 and expanding its telehealth program, it concluded “there is not a sustainable business model for us to continue.”

Walmart had 51 health centers in five states, with the goal of helping people save money on their health care needs.

“This is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at this time,” the company said in a statement.

A spokeswoman said reimbursement proved challenging “from all types of insurance.”

Walmart does not yet have specific dates for when its health centers will close, but said that it will share that information when it’s available. The company said that employees working at its health centers are eligible to transfer to any other Walmart or Sam’s Club location. read more

More student loan forgiveness available, but April 30 deadline looms

More student loan forgiveness available, but April 30 deadline looms

Jon Healey | Los Angeles Times (TNS)

LOS ANGELES — Those who obtained federally backed student loans from private banks can have some or all of their remaining debt forgiven by the Biden administration, but they need to act fast: The deadline for qualifying is Tuesday.

The relief is available for students enrolled in income-driven repayment plans or the Public Service Loan Forgiveness program. It’s also available for some parents who borrowed through the Federal Family Education Loan program.

This is not a new initiative, however — instead, it’s the last chance to participate in one of the administration’s first and most successful efforts to reduce the mountain of student debt.

The Education Department launched the Income Driven Repayment One-Time Adjustment initiative in 2022 to address complaints about loan servicing companies losing track of payments, not giving borrowers proper credit for their work in public-service jobs, and steering struggling borrowers into costly forbearance or deferment programs instead of payment plans based on their income. read more

How to escape from a money rut

How to escape from a money rut

By Kimberly Palmer | NerdWallet

Sometimes, climbing out of a money rut starts with a pep talk — to yourself.

“I like affirmations and speaking out loud,” says Giovanna Gonzalez, a financial educator and author of “Cultura & Cash.” Her favorite affirmations are statements like, “I am not a reflection of my money mistakes,” “I can improve my financial situation,” and “My finances are within my control.”

If you find yourself repeating frustrating money patterns, such as overspending or struggling to pay off debt, that kind of attitude shift can help get you on a different path, Gonzalez says. “Mindset is so important, and sometimes we end up being very hard on ourselves for making bad money choices. If we don’t forgive ourselves, it can be a barrier to doing better.”

Financial experts also recommend using the following methods to climb out of a money rut:

Pick an exciting goal

Sometimes, our money goals can inspire us to think bigger and more creatively about our financial lives. Elaine King, a certified financial planner and founder of the firm Family and Money Matters in Miami, says she finds people often need a “money motivation” or an exciting goal to inspire them to adopt better financial habits. read more