Health Insurance

Money for nothing and your healthcare for free…I want my subsidies

“Money for nothing and your health care for free…” Not exactly the line from the 1985 Dire Straits hit, but lately it seems to fit the mantra of many in the country, especially after the Affordable Care Act passed and everyone learned about “subsidies”. “I want my, I want my, I want my subsidies…” According […]

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From the Fiduciary Rule to the myRA to the Government regulating Employer Retirement Plans

In the past 6 months the federal government has already expanded the fiduciary rule, which states that a person controlling another person’s assets must place that person’s needs before them, along with designing the myRA, a retirement account for individuals that do not have access to an Employer Retirement Plan, i.e. a 401(k).

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The impact of your healthcare on your Social Security

There is a lot of talk about planning for Social Security from the financial industry, which is great as people need to know how to generate the most amount of income possible in retirement at the lowest penalty, but the scary part: NO ONE IS PLANNING FOR HEALTHCARE COSTS. Here is a breakdown of the […]

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Should you plan for the cost of your healthcare – your Social Security benefit may depend on it

The common sense answer would, obviously, be of course you should, but when the stats are tallied and the facts shown it would appear that the common sense answer is not being applied at all, and this may wind up costing you more in retirement than just your health. According to Sun Life’s Flying Blind […]

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I saw this on NBC News last night…a Fair warning about Medicare

There is a video making the rounds through an email with the subject header being titled “Fair Warning… I saw this on NBC News last night”.

This email and the video is quickly becoming somewhat of instant phenomenon within the financial planning industry as it touches on how hospitals use the terms “Under Observation” and “In-Patient” and the impact that it may have on finances.

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Long-Term Care, the 5 year look back & Medicaid – Things may have changed for your children

Those that have followed or are planning on following the age old advice of hiding assets along with income to qualify for Medicaid in order to receive “free Long-Term Care” may want to sit down and read the fine print to the actual rules of Medicaid. Things have surprisingly changed and what you don’t know […]

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Planning for your parents retirement…you should be!

Ever hear of Filial Support Law? The little unknown law on the books of 29 states that has the possibility to impact anyone who has a parent residing in them. Under this law each state can go after the families of people who have unpaid health costs which they accrued while being enrolled under Medicaid.

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What you don’t know about Obamacare will hurt you… The Cadillac Tax

Pages 729 through 736 lay the breathe taking groundwork of a new tax, the Cadillac Tax, that will impact not only you, but also your employer (this includes any of those defined as self employed too!). This new tax, the Cadillac Tax, which is detailed on page 729 of the Affordable Care Act is a […]

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Why Health Insurers are canceling health plans due to Obamacare

As the Affordable Care Act (ACA) settles in it has been come increasingly clear that not everybody will be able to keep their plan that they had before no matter what President Obama promised and the reasons, if one was to a little digging, is really simple. Due the ACA or Obabacare there have been […]

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