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health exchange

What You Need To Know About The New Insurance Exchanges

So far, the biggest question clients have had about the new health insurance exchanges is how to get through on the glitchy computer system. Unfortunately, we can’t help you with that! But once things settle down, here are the key things you’ll need to know: Who should shop for insurance on the exchanges? You should definitely visit […]

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Use It Or Lose It: Work Longer To Avoid Dementia

If you need another good reason to stay on the job longer, here it is. Working longer may prevent dementia. New research presented at this summer’s prestigious Alzheimer’s Association International Conference in  Copenhagen revealed additional insights into how to prevent Alzheimer’s and other diseases. Prior studies have already shown that high levels of intellectual stimulation and social engagement […]

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medical premiums

Yearly Family Health Care Costs Now Above $22,000

Question:  What does the average family of four pay each year in health care costs? Answer: The average bill is now over $22,000 per year. Of that amount, the typical employee pays about $9,144 on average (about 40% of the total), while the typical employer pays $12,886 (or 60% of the total). Here’s a further […]

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medical premiums

Will Your Health Premiums Go Up Next Year?

The short answer is that we don’t really know. One recent study says insurance premiums for many people could rise by 40% next year under the Patient Protection and Affordable Care Act, but also claims that others could see premium decreases. The new study by Milliman consulting firm, on behalf of Center Forward, a bipartisan organization, focused […]

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florida ccrc

Choosing A Continuing Care Retirement Community (CCRC)

 If you are looking at CCRCs,  or Continuing Care Retirement Communities, for yourself or a family member, here’s a helpful article from Marketwatch that should be on your reading list. Author Jack Tatar gives tips on how to choose the right CCRC community and what types of questions to ask regarding lifestyle features, contract details and options, […]

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Help! My Long Term Care Premiums Went Up 44%!

Imagine getting a notice in the mail saying your annual long-term care insurance premium was going to increase a whopping 44%! That’s exactly the situation faced by one of our clients in early April. Here’s how she handled it, and why, even after the increase, she thinks her long-term care policy is a great deal. Why the rate […]

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nurse

Helping Nurses Put Their Own Finances First

We all know that nurses spend their time taking care of others. Yet, according to an industry survey, 61% of nurses say they do not have time to focus on securing their own retirement because of other time consuming priorities. 59% say they do not even know where to begin. And just 6% of nurses say […]

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prescription costs

Wealthy See Health Care Costs As “Biggest Threat”

I was out yesterday picking up a prescription, and was stunned to see that my refill cost $168 out-of-pocket for a month’s supply. Since I refilled a $171 prescription (also out-of-pocket) for my son a few days before, I did the math to realize that two prescriptions were costing me over $4,000 per year, on top of insurance premiums, […]

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health care costs

Health Care Costs: How Does Your Plan Compare?

We are all concerned about the high cost of health insurance. The average cost of family health insurance coverage for private sector employees in Florida is $15,032, according to 2010 data provided by the National Conference of State Legislatures, a bipartisan organization serving the legislators and staffs of the nation’s 50 states. But here’s something you may not […]

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health care costs

Medicare Tops Seniors’ Financial Concerns

More seniors (61%) are concerned about the future of Medicare than about any other financial issue, according to a recent survey. “I don’t think it’s a big surprise,” said Mary Dale Walters, senior vice president at Allsup Medicare Advisor, sponsor of the survey, adding that most seniors rely on Medicare for their health care coverage. […]

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