Two things have happened that cause great concern for our future medical care. Both costs and health care are in peril. With the advent of the Affordable Care Act (ACA), the amount of medical cost reimbursements paid to providers by Medicare has been reduced. In other words, less from Medicare, more out of pocket for [...]
What was meant as the savior of the uninsured and those who cannot afford health insurance, ACA, is in trouble. The trouble is not finding folks who need and want the insurance, it is finding health care providers who will accept the insurance for medical services. A good friend of mine was in need of [...]
We watch TV, read the news, use social media to keep informed, but doesn’t it always seem like the terrible things are happening elsewhere? Three things happened to me recently over the Thanksgiving break, things that you should make you pay attention. Please pay attention: The most significant problem facing retirees is not the cost of [...]
Recently, updates on the actual cost of the Affordable Care Act has disclosed severe issues that could cost the American taxpayer billions. The report has gone on to include that actual cost in both Medicare expense and user expenses unexpectedly have increased. What went wrong? We had predicted that insurance rates would rise based on [...]
Tough decisions will cause Baby Boomers to decide on retirement spending Recently a large financial services company suggested that each retiree beginning at age 65 and using Medicare as their chosen health insurance protection vehicle could face an out of pocket expense of over $240,000 during their lifetime. The amount needed is expected to [...]
