Archive for the ‘Healthcare’ Category

Are Accelerated Death Benefits a Good Backstop for Uninsured Health Care Costs?

Sunday, March 2nd, 2008

At one point, the buzzword was “viatical settlements,” a practice of selling one’s active life insurance policy to a company that would pay the insured the estimated present value of the death benefit so uninsured healthcare costs and related expenses could be paid. Such settlements grew in popularity during the ...

Investing Smart in a Health Savings Account

Tuesday, February 5th, 2008

Last year, new provisions went into effect on Health Savings Accounts (HSAs) that not only give individuals a better nest egg for serious health situations, but a nest egg that can serve them in other ways as well. Now that the rules allow people to contribute more than their deductible, ...

Planning Surgery in a Foreign Country? Make Sure Your Finances Are Safe Too

Tuesday, February 5th, 2008

Getting surgery overseas used to be the territory of the rich and secretive – the heiress running outside the country for a little plastic surgery and some R&R. But today, the rising number of underinsured Americans (over 61 million at last count) in the United States have made overseas healthcare ...

Changes in Store for Medicare and Medicaid

Wednesday, February 15th, 2006

President Bush signed into law in February the Deficit Reduction Act, otherwise known as the fiscal year 2006 budget reconciliation bill. That law, which contained more than $39 billion in cuts, including $6.4 billion from Medicare and $4.8 billion from Medicaid, has plenty of changes in store for seniors. Under the ...

EVALUATING THE NEED FOR INSURANCE IN RETIREMENT

Friday, January 20th, 2006

Of all the changes that come in retirement, few are likely to give you more concern than dealing with money. Your concern is, of course, understandable and widely shared because so much of what will happen is unpredictable. That’s especially true of how long and how well you may live—whether ...