High Deductible Health Plan + Health Savings Account Plan
One of the biggest concerns for retirees is medical costs. As we live longer, the need for health insurance grows and the cost of that insurance will also increase. It’s simple math, older people are simply more expensive to insure. Since you’ll be living on a fixed income, the increasing costs of your insurance will […]
Boomer Misconceptions on Long Term Care
Jenna Kozen at Edelman sent along a presentation about a nationwide survey conducted by America’s Health Insurance Plans (AHIP) on the misconceptions of long term care coverage and services by Baby Boomers. AHIP is a national trade association that represents 1300 insurance companies and their presentation was interesting in that it showed some very common […]
Have You Created A Safety Net?
This is the fourth and final question in the Money Magazine “Get on track for retirement” series and it’s a nice closer. Did you know that 70% of workers think they have enough for retirement but only 43% have actually done the math to prove it? That’s according to a 2007 Employee Confidence survey by […]