As the cost of healthcare rises, and even the insured are paying more out of pocket, a large, unexpected medical bill could happen to anyone—and many don’t have sufficient emergency funds to handle a sudden big expense. According to the Wall Street Journal, a...
“Health insurance policies vary wildly in cost, coverage, and other features, so it’s important to choose your plan with your individual needs, resources, and medical history in mind,” reports USA Today. The newspaper provides advice on how to navigate the complicated ...
Having a medical problem serious enough to warrant a hospital stay is difficult enough. But paying for that stay—which can cost tens of thousands of dollars or more—can be financially devastating if it isn’t covered by insurance. According to Healthline.com ...
Texas, the second-largest state in the country by population, has the highest number of uninsured—4.5 million—this, despite a recent increase in the number of insured—1.2 million since 2013—because of the Affordable Care Act, or Obamacare...
With lifespans getting longer and medical and insurance costs on the rise, healthcare is becoming a more important component of any retirement plan, advisors say. Retirees are already spending considerable amounts on healthcare today—a typical retired couple will have $260,000 in out of pocket...
President Trump announced this week he will end subsidies to health insurance companies that help pay out-of-pocket costs, such as deductibles and co-pays, of lower-income people. Nearly six million people receive these subsidies. The move, intended to undermine the Affordable Care Act, otherwise...
NPR recently profiled a young widow who was left with hundreds of thousands of dollars of medical debt after her husband died of cancer. The woman, Fumiko Chino, is now a radiation oncologist at Duke University, studying the effects of financial strain on cancer...
The very rich can afford the very best of everything—including now healthcare too. A recent New York Times article reported on the nascent trend of ultra-high-end concierge healthcare services that are catching on in wealthy areas in places such as New York, Seattle, Los...
Motherhood is more deadly in the United States than in other advanced countries, according to a recent New York Times article. An American woman is about five times as likely to die in pregnancy or childbirth as a British woman, for example, the newspaper...
Many patients worry about radiation exposure when they get X-rays taken at the dentist. After all, that heavy lead blanket isn’t draped on you for nothing. The cost of the procedure is another concern for the uninsured. The New York Times recently reported on...
The debate over Obamacare has had one positive effect that everyone can agree on: it’s educated Americans that insurance is about risk-pooling—according to a recent Bloomberg article—that is, both healthy and sick people need to participate if it’s going to be affordable for the...
Young adults—who lose coverage under their parents’ health insurance plans upon turning 26—are stuck in healthcare limbo along with the fate of the Affordable Care Act (ACA), otherwise known as Obamacare. According to CNBC, advisors agree that young people should always have health insurance,...
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