Archive for the ‘Healthcare’ Category

Preparing for the New Medicare Drug Benefit

Saturday, October 8th, 2005

Starting January 1, 2006 Medicare will offer for the first time in its 40-year history coverage for prescription drugs. The coverage, which is called Medicare Part D and is voluntary, will be available to all people with Medicare, regardless of income level and resources, pre-existing conditions, or current prescription expenses, ...

SHOULD YOU CONSIDER A HEALTH SAVINGS ACCOUNT? – July 2005 Newsletter

Wednesday, July 20th, 2005

Often described as an individual retirement account for medical expenses, health savings accounts (HSAs) are billed as the elixir to rising health care costs, according to the Journal of Financial Planning. But what are HSAs? Simply put, a HSA is a special account owned by an individual in which ...

HOW TO AVOID A MEDICAL FINANCIAL DISASTER – March 2005 Newsletter

Tuesday, March 1st, 2005

The inability to pay mounting medical bills was the main cause for filing nearly half of all personal bankruptcies in 2004, according to a study recently released by Harvard University?s medical and law schools. So what can you do to avoid a financial disaster due to medical expenses? Don?t assume ...

Insurance For Early Retirees

Tuesday, February 1st, 2005

Workers retiring early typically worry about how much they’ll have to stretch their limited retirement dollars so as not to run out of money. That’s certainly an important concern. But many early retirees overlook another major issue: adequate insurance, particularly medical. Workers retire early for two major reasons: they are psychologically ...