Much is being made that people will not be allowed to keep their current insurance. Let’s start with a direct answer. That is true. This, however, is not news. Once the Government mandated what a policy must include in coverage, it changed every Insurance policy that exists. Let me make a partial list. 1. There …
This Obamacare question is being asked of me everywhere that I go. As you can guess the answer can be complex. Let me highlight some of the key points. First, every American is now required to carry Health Insurance or pay a fine. This is actually an IRS imposed tax. The Supreme Court deemed the …
Now that we have the New Law, what next? Do I have to insure all my employees? How will I buy the required insurance? Can I keep my current plan? All these and other questions will be answered as the Federal Government completes the regulations. Once any law is passed, everyone waits to see how …
There once was a father who looked at his three beautiful children and announced that they would be going to Disneyland in three months. As the time approached, he lost his job, his credit cards were cancelled and he had no funds. He was in the unfortunate predicament of having an unkept promise to those …
In reading my blogs about the government Health Care program, I am distressed how negative I have become. I am, at heart, a very positive and enthusiastic person. So I have decided to remind everyone about some great things in Health Care. Research has continued to bring us to the edge of many life saving …
Have you ever heard the saying that someone bought a “pig in poke”? Here is what it means. This can be said when we buy something without knowing what it is or not inspecting the true nature before we buy it. It appears this has been done to the American Public on a Saturday night …
Madame Chairwoman (Mrs. Sebelius) has stated that free contraception will lower the cost of health care because we will have less maternity charges. Therefore the cost will “pay for itself” in the savings. At first glance this seems to make sense from a purely cost point of view. Rarely do these “plans” work in the …
The Patient Protection and Affordable Care Act, commonly called the Health Care Reform Act is starting to unfold. The core of this legislation can be found in the 2,000 page legislation. I refer to these phrases in the law: 1. by the Secretary 2. as defined by the Secretary 3. determined by the Secretary These …
These questions come from S.H. Koop at the Hallett Financial Group. 1. In the event of a long life, do you have a plan for extended care? 2. How would you pay for extended care if you needed it? 3. How would the lives of those who love you change if they are providing for …
Many people have chronic conditions that are controlled well with diet and exercise. The likelihood is that as people age the conditions become more serious. That insignificant “blood pressure” needs more medications. The osteoporosis becomes more serious. It gets harder to walk, maybe harder to remember. Eventually, it is good to have some home health …
