Do you need long-term care insurance? If so, how much do you need? These are not easy questions to answer. When it comes to paying for long-term health care, it’s hard to know if you need insurance in the first place. If you do, it’s hard to determine whether the insurance company will still be […]
Tag Archives | health care costs
I recently talked with an administrator of a private medical practice about some of the financial challenges she faces in dealing with the medical system, insurers, and patients. Some of the insights she gave me into the realities that private physicians face in providing medical care were rather disturbing. Here are a few of them.
A few months ago I scoffed when my wife told me about a report from CNN that the average individual, unsubsidized health insurance premium was going up over 60%. After receiving my 2016 premium notice from Wellmark Blue Cross and Blue Shield, I’m no longer scoffing. My monthly premium for family coverage went from $1,400 […]
Once upon a time, a health insurance plan offered by an employer was almost always the best option for couples and families. Group plans were able to offer affordable, broad coverage with low deductibles, and many employers paid a substantial share of the premiums. That was then. Now, in the age of two-career families, soaring […]
Chances are you think that medical costs are going to bankrupt America, and if we assume that Medicare and Medicaid costs will rise as they have for the past 20 years (despite the brief interlude these last three years), then there is reason for alarm. But ask yourself: how much of those costs are related […]