Healthcare Costs
How to lower healthcare costs
The cost of the U.S. healthcare system has ballooned to $4 trillion a year. Although the number of heart-related deaths remains the same, chronic heart disease has exploded. Insurance paid out $35 billion for weight-loss drugs, while it pays nothing…
Healthcare costs in retirement
The cost of healthcare can be challenging at any age; however, in retirement, potential healthcare needs and out-of-pocket costs could narrow your options when it comes time to pay the bills. The Jackson National Life Insurance company released a new…
Rural Hospitals Suffer as Medicare Advantage Plans Prosper
Medicare Advantage plans are private healthcare insurance plans which replace “original government provided Medicare,” and which are increasing popular. The reason for that popularity is that, for little or no additional cost, Medicare Advantage plans often provide additional coverage for…
Medicare costs are going up next year
Like most things, Medicare costs are going up next year. Medicare Part A and Part B deductibles will increase, along with Part B premiums. In 2025, Medicare placed a cap on out-of-pocket prescription drug costs. What other changes are taking…
Will your COLA increase keep up with your healthcare costs?
Social Security beneficiaries will see an increase in their Social Security checks of 3.2 percent in 2024. The Social Security Act ties the annual COLA to the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers…