70% of Americans say our health care system is in a “state of crisis”

My Comments: My experience with our health care system comes from two sources. The first one is my 43 years as a licensed insurance agent. I saw health insurance premiums increase roughly 10% every year. The health insurance premium increases were largely a result of ever increasing costs, driven by the hospital industry, the pharmaceutical …

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Retirees Will Spend a Third of Their Social Security on This One Big Expense

My Comments: My efforts to coach people to start thinking seriously about their future retirement is complicated. For every positive associated with retirement there are just as many negatives. This is one of them. Unless you plan to die before you reach retirement, you should find time to get your ducks lined up well in …

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If you’re in your 50s, you need to plan for long-term care right now

My Comments: "Who me? Nah, I’m good. I’m not going to become goofy or worry about someone helping me take my meds every morning. Or help me prepare my meals. Or help me in the shower…" (BTW, this image is of my mother who suffered from Alzheimers for 10 years after my father died.) by …

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Medicare Open Enrollment Runs from October 15th to December 7th

My Comments: Medicare is an absolutely critical component if you expect to have a joyful and happy retirement. As someone who benefits monthly from it, I can attest to its value in contributing to my peace of mind.  Don't vote for any politician who in any way threatens is viability. Each year, there is an …

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How to Prepare for Costs Medicare Won’t Cover

My Comments: Health issues in retirement are a given for those of us not already passed. Whether they end up costing an arm and a leg depends to some extent on how prepared we are before they happen. Both my wife and I are covered by Medicare and each of us has a ‘medigap’ insurance …

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Here’s what you need to know about Medicare if you’re still working

My Comments: Despite the appeal of retirement, no one is ready to admit that the transition from “working for money” to “money working for you” will be easy. The cost of health care as you get older has the potential to cause your retirement plans to come unglued. To keep that from happening, Medicare is …

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10 things I’ve learned 10 years after I finished medical school

Friday’s Random Thoughts: I’ve long argued that the health care system in America is a mess. (How Did Health Care Get to Be Such a Mess?) These next words from Kevin Tolliver, a physician with a strong exposure to economics and finance, is a welcome addition to the debate. It’s taken a long time to …

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