Well, here’s a shocker—the cost of healthcare is getting more expensive all the time—much more. And with the highest inflation rate in forty years draining people’s purchasing power, more Americans are finding it harder to pay their medical bills too. It wasn’t much easier in 2021. The Kaiser Family...
Does this sound familiar?   “Hi, I’m (Joe Namath, Jimmie Walker, George Foreman, William Shatner—pick your favorite celebrity.) Check your eligibility for a zero premium Medicare Advantage plan that includes rides to medical appointments, home-delivered meals, and money added back to your social security check every single month, plus extra benefits...
Inflation is painful. We’re reminded of it every time we go to the grocery store and the gas pump and when the utility bill comes. There’s a whole generation or two that’s never been through anything like this. And because it affects us on a personal level, it’s easy...
If you want to stay warm this winter you have two options—pay a lot more for fuel or wear a lot more clothes. It’s not because winter is supposed to be especially cold or harsh. It’s because of record-high inflation that just won’t go away.   According to the Bureau of...
As expected, the Social Security Administration has announced that the 2023 Cost of Living Adjustment (COLA) will be the largest COLA in 42 years, brought on by rampant inflation not seen in more than four decades.   Social Security benefits increase automatically if the Consumer Price Index (CPI-W) which measures price...
Here we are again in the final quarter of the year when thoughts turn to Thanksgiving and Christmas and… reviewing your financial house. Oh, that’s not on your list? Well, let’s put it there because financial issues cannot be on automatic pilot. Things change and you need to keep...
Not long ago, my brother-in-law told his doctor that one of his medicines didn’t seem to be working as well as it had in the past. The doctor prescribed something new. The old medication cost about $20. The new prescription was $232. My brother-in-law had to pay the entire...
Like everything else in the United States, soaring inflation is pushing the cost of raising a child from birth through age 17 to astronomical heights.   The Wall Street Journal commissioned the Brookings Institute to find out just how expensive it is to raise a child now. Brookings looked at average...
President Joe Biden’s decision to forgive up to $10,000 on millions of student loans has been praised by some and criticized by others—not a surprise to anyone who pays attention to politics. But there is a possible surprise no one thought about or expected during all the political wrangling.   Usually,...
Medicare. The government defines it as “The federal health insurance program for people 65 and older.” That seems simple enough. But there’s more to it than meets the eye because Medicare, like so many other things, has fine print that could end up costing you a lot of money...