Health

Facing the Financial and Emotional Pain of a Terminal Illness

Dying and money collide in ways most of us never think about until we have to. Money is hard. Death is hard. When someone receives a terminal diagnosis, they and their loved ones are forced to deal with both at the same time. It is one of the most difficult financial...

Dramatic Cost Increases Coming For ACA Marketplace Insurance

If you have health insurance through the Affordable Care Act marketplace, you are likely to see dramatic increases in your costs next year. This is due to a combination of factors that a July 18, 2025, article from CBS News calls a “one-two punch” of “double-digit...

Why It Matters That A Private Equity Firm Could Own Your Hospital

What does a “private equity firm” do? You may not know or care. Yet one of these specialized companies might possibly own your favorite restaurant—or your hospital. Private equity (PE) firms are investment companies that buy private businesses with a goal to increase...

How Do You Protect Your Finances From Yourself As You Age?

One of the saddest experiences for a financial advisor is watching an elderly client decline and, despite our best efforts, being unable to protect them from themselves. I wrote in 2007 about an elderly client who fired me when she was failing cognitively but still...

U.S. Health Care Costs: Not As Bad As You Think?

The high costs associated with health care in the United States (up 48% from 2013) are obvious to anyone who scrutinizes a medical bill. A study conducted by the Commonwealth Fund in January 2023 compared U.S. health care costs with those in other developed nations,...

Why Does Health Insurance Cost So Much?

While overall economic inflation has slowed over the past 18 months, health insurance costs keep going up. According to the latest survey by the Kaiser Family Foundation (KFF), a non-profit organization that conducts research on health policy and issues, the average...