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When Hospital Systems Buy Health Insurers
Another hospital system wants to buy another health insurance company, and consumers may well wonder what this trend could mean for them. As reported last week in Modern Healthcare, the St. Louis-based Ascension Health, the country’s largest nonprofit hospital system, “is in…
Many Americans fear going broke in retirement
Many Americans with significant savings fear going broke in retirement, but they aren’t willing to cut back on their current lifestyle to save more for the future, a new survey shows. About 55% of respondents say they fear not having enough…
Legislation would extend tax credit for low income housing
Reps. Pat Tiberi (R-Ohio) and Richard Neal (D-Mass.) said on Thursday they would introduce legislation that would aim to make affordable housing more available and remove uncertainty in the tax code. The legislation would make the low-income housing tax credit permanent…
Five Myths About Retirement
It’s not all golf and grandchildren. Many people spend years planning for retirement and think they have it all figured out, until they actually retire. Here are a few areas where retirees don’t know as much as they think they do. 1.…
Rethink your finances and retirement risks
Maybe the best way to save for retirement is to actually start budgeting for a short bout of insecurity. Or lots of insecurity. The looming pension cuts — on top of higher health care costs — facing City of Detroit retirees…
Average retirement age hits 62, will likely go up
Baby boomers are pushing retirement back further and further. According to Gallup’s annual Economy and Personal Finance survey, the average age at which Americans report retiring is now 62. That’s the highest reported age since Gallup started tracking this data…
Crusader for disability rights speaks at Shasta College commencement
For the hundreds who gathered to either walk, or watch, at the Shasta College graduation, Richard Pimentel had many messages. “I decided to go to jail, and it was the best decision I ever made,” said Pimentel, who has made…
Eligible Medicare beneficiaries will receive hospice coverage
Coping with terminal illness can be very difficult, for the patient as well as his or her loved ones. That’s why I want to pass along some information about Medicare’s coverage of hospice care.Hospice is a program of care and…
Don’t let inflation crack your nest egg
Inflation seems to be rearing its ugly and insidious head. And that can mean only one thing for those saving for or living in retirement: Without a plan of action to mitigate the effects of rising prices, you’re certain to…
Will You Be Able to Retire?
No matter how much money we may be saving for retirement, one nagging question lingers: Will it be enough? Online retirement calculators aim to help solve that mystery. They can be useful tools, but don’t rely on them for bankable…