A Twist On Life Insurance

Has your current broker shared with you a way to leverage  life insurance for your health insurance?  My guess is no...  If that's the case they probably didn't tell you that sixty-two percent of bankruptcies are medical bankruptcies, and most of them had health insurance at the time of the onset of the illness.  Does that mean their health insurance faile...

Insuring a Preexisting: Doctor on new health law

There is an interesting article on  IFAwebnews that talks about health reform from a doctor's perspective.   Bob Graham did a great job putting it together. A couple good points were made in the Article.  The truth is everyone knows that an insurance company won't pay for a car accident if you didn't have insurance at the time of the loss or accident. ...

Medicare and Social Security

The baby boomers as they have been called turn 65 this year. Seventy million more Americans will turn 65 by the year 2030. That is about 10,000 people per day for the next twenty years. If you have read some of my past postings, I have said that social security last year starting paying out more than it took in on a monthly basis. WOW, what will happ...

Paying For An Illness - With Your Retirement

As devastating as it may seem to even think of it, you could be saving just so you can pay for a catastrophic illness. Most people ignore the fact that it could even happen to them. I have something to tell you that you may not know. A critical illness does not discriminate. No matter how hard we try, it is something we just cannot avoid. You ...

FSA TAX NOW IN EFFECT…

According to the Washington Times, forty million Americans are paying higher taxes this week due to what is being called OBAMACARE.  Effective January 1, 2011, on your Flex Spending account (FSA) or Health Savings Account (HSA) , you can no longer use YOUR funds for over the counter medication.  Before now you could use your pre-tax dollars for aspirin, ...