Why Your Health Insurer Doesn’t Care About Your Big Bills

My Comments: This is a long and detailed story. But if you care about the national debate about health insurance and whether it’s in our best interest to push toward a system of universal health care, this is interesting. There are basically five stakeholders in the healthcare debate. They are (1) the consumer, (2) the …

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The Crippling Cost of Self-Insuring Long-Term Care

My Comments: Long Term Care, often reduced to the acronym LTC, means that someone, perhaps you, have developed mental and/or physical limitations that require the assistance of others to get through a 24 hour day. Care may come from a family member or from professionals, but unless you plan to die soon, you may need …

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7 Reasons Why You Should Fund A Health Savings Account

My Comments: This is #6 in a series of 6 blog posts about Heath Savings Accounts, or HSAs. They are a potential game changer for those of you who qualify in that they have tax advantages and can suplement whatever else you are doing to set aside money for retirement. The writer of the article …

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How to Pay for Healthcare in Retirement

My Comments: Last Friday I introduced the idea of a Health Savings Account or an HSA. For the rest of this week, I’m going to add to your understanding of this potentially useful financial device and it’s favorable tax consequences. The words that follow here may not apply if you are about to sign up …

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A Primer on HSAs and Saving for Retirement

My Comments: HSA is an acronym for Health Savings Accounts. They came into being in 2003 as part of the Medicare Prescription Drug, Improvement, and Modernization Act. They are defined for tax purposes under Section 223 of the IRS Code. With increasing attention on the millions of Americans who will soon retire, and their general …

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The Most Overlooked Issue In Retirement Planning

My Comments: I’ve written life insurance policies on men, women and sometimes children for over 40 years. In almost every instance, objectivity was hard to come by. The idea of death is difficult to talk about, especially when it’s about your death, or those you love. As I’ve aged and come to terms with my …

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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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