Beware Of The Future Cost Of Medical Care

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 [...]

By |2020-04-13T19:08:06+00:00February 4th, 2019|Financial Planning|

The Biggest Problem Facing Retirees Is Medicare Reimbursements

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 [...]

By |2020-04-12T23:46:12+00:00November 29th, 2017|Retirement Planning|

The Death Spiral of the American Health Insurance System

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 [...]

By |2020-04-15T23:45:02+00:00April 21st, 2016|Insurance|

Baby Boomers Will Be Have To Pay A Higher Percentage For Their Medical Care

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 [...]

By |2020-04-12T23:31:13+00:00August 31st, 2015|Estate Planning, Insurance|