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November 2013
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One in Five Struggles To Pay Medical Bills

If you’ve ever wondered about the high rate of medical bankruptcy in this country, it’s not hard to see how it starts:

A new government report finds about one in five Americans face problems paying their medical bills, but things may be improving.

Statisticians at the Centers for Disease Control and Prevention’s National Center for . . . → Read More: One in Five Struggles To Pay Medical Bills

Why Would Someone Young and Healthy Buy Health Insurance?

We sometimes get asked that question. It usually goes something like this, “Why should I shell out a couple of hundred dollars a month for health insurance? What are the chances I need health insurance?”

What are the chances, indeed!

After leaving college at the Art Institute of Pittsburgh last year to move to . . . → Read More: Why Would Someone Young and Healthy Buy Health Insurance?

Is Health Insurance Like Buying TVs?

Ezra Klein of The Washington Post wonders what it would be like if we bought televisions like we buy health insurance:

Imagine you went to Best Buy and found a great deal on a plasma television set. I want to be clear: You didn’t find a great television set. This one is actually a . . . → Read More: Is Health Insurance Like Buying TVs?

Battle of the Newspaper Medicare Coverage

James Fallows of The Atlantic Monthly ran a comparison of the major newspapers and their Medicare coverage from this last week:

Overall front-page lead story in the WaPo: “Medicare’s future appears brighter”.

#2 off-lead front page story in the NYT: “Report Shows Better Outlook for Medicare”.

The new Medicare assessment does make a cameo . . . → Read More: Battle of the Newspaper Medicare Coverage

Obamacare: We Pay HOW Much More for Healthcare?

Interesting story in The New York Times this weekend, on how much the U.S. pays for some healthcare services compared to other countries. Warning: it’s not pretty:

Deirdre Yapalater’s recent colonoscopy at a surgical center near her home here on Long Island went smoothly: she was whisked from pre-op to an operating room where a . . . → Read More: Obamacare: We Pay HOW Much More for Healthcare?

Will Medicare Run Out in Your Lifetime?

Something to think about this morning:

The government said Friday that Medicare’s giant hospital trust will not be exhausted until 2026, two years later than projected last year, while the date that Social Security will exhaust its trust fund remained unchanged at 2033.

The latest projections were included in the annual report of trustees of . . . → Read More: Will Medicare Run Out in Your Lifetime?

Cloudy Future for One Boston Survivor

For many of us, the Boston bombing may feel like it was eons ago, but survivors are still in the thick of many issues:

Marc Fucarile reached a huge milestone this week: He was one of the last two Boston Marathon survivors to be released from the hospital. Fucarile spent 45 days in Massachusetts . . . → Read More: Cloudy Future for One Boston Survivor

Vermont Health Insurance Co-Op Fights Denial of License

FOX44 – Burlington / Plattsburgh News, Weather

Where do you get your health insurance? Tell us about it in our discussion forum!

Does Obamacare Go Far Enough?

A significant chunk of Americans think “No”:

CNN’s latest health care poll, released Monday, has been in the political crossfire all week. Conservatives are using it as proof the policy is unpopular while liberals say it is an example for more aggressive policy on national health care.

As mentioned at the time, the national . . . → Read More: Does Obamacare Go Far Enough?

Tip: Use Your FSA Before You’re Laid Off (or Quit!)

Here’s a little tip about your flexible spending account (FSA) that most employers don’t want you to know about. (I know none of mind ever did!)

If you sign up to contribute money to an FSA account for the year, your full FSA funds must be available to you even if you haven’t contributed your . . . → Read More: Tip: Use Your FSA Before You’re Laid Off (or Quit!)