Headlines
Lower Medicare Costs Linked to Continuous Coverage
A report from the Government Accountability Office finds that Medicare beneficiaries who were insured for at least six years before joining Medicare are healthier and cost the program less than beneficiaries who are new to healthcare insurance. This is good news. Read more……
Social Security Trust Fund: Fig Leaf For New Retirees
Here’s a dose of reality for workers turning 62 and thinking about claiming Social Security: Under current law, they can expect to lose one year’s worth of benefits. Even worse, the loss of benefits would come after age 80, as health…
Medicare’s Long-Term Fiscal Outlook Not Good
Medicare’s long-term fiscal outlook is unlikely to improve, even with the recent slowdown in health care costs, says Charles Blahous, a senior research fellow at the Mercatus Center, a research fellow for the Hoover Institution, and a public trustee for…
Study: Overconfidence Or Underconfidence Breeds Danger For Retirement Planning
A new study by the National Association of Retirement Plan Participants (Narpp) said there are dangers for workers being overconfident or underconfident about their financial knowledge. After surveying 5,000 defined-contribution-plan participants on their perceived financial literacy and testing them to find…
Millions of Baby Boomers choose work over retirement
‘Baby boomers’ are changing the way they live the latter part of their lives. Instead of retiring, they are starting a new career. More than 9 million ‘baby boomers’ between ages 64 and 70 are currently in the so-called ‘encore stage’…
Fran Tarkenton and AMAC – An Unbeatable Team
The January 16 Press Conference in Washington was an eye-opener for many, a confirmation for many others, and a breath of fresh air for everyone connected with AMAC and its journey over the past few years. But what was perhaps…
Great Recession demonstrated nation can’t afford cuts to Social Security
Older workers have taken an unprecedented one-two punch from the Great Recession. The left jab: a decline in their financial portfolios just as Boomers were hitting retirement age. The nature of today’s retirement system left them more exposed to declines in…
NFL Legend Fran Tarkenton and AMAC Team Up for Social Security
Washington, January 16. In a press conference held in Washington, D.C., this afternoon, AMAC formally presented Fran Tarkenton as the newest member of AMAC’s Board of Advisors. Tarkenton – an NFL Hall of Famer and successful entrepreneur – joined AMAC…
New Jobs Report Confirms Medicare Cuts Leading to Job Loss in Home Health Sector
Partnership for Quality Home Healthcare: The December Bureau of Labor Statistics (BLS) jobs report finds that 3,700 home health jobs were lost last month. Home health leaders warn that these cuts are the first in what is feared will be a wave of…
Senators Tell Obama to Abandon His Social Security ‘Mistake’
Democrats have been pleading with President Obama not to cut Social Security for years. Until now, most of the public pleas have come from Democratic voters. Now they’re coming from Democratic senators. You can’t blame them. In 2010 polls showed that Democrats blew a 28-point…