Archive | September, 2015

I Never Go To The Doctor!

Last week we discussed how to select a health insurance plan if we are regular users of health care services. This week we will address the rest of us who barely visit health care providers and who are trying to control our premium dollars without taking excessive risk. I hope you took my advice and […]

Leave a comment Continue Reading →

I’ll Do It Later (not)

Ask my lovely wife if I’m a procrastinator and she’ll answer without hesitation, “Of course. He’s a big fat one!” She’s been asking me to fix a frozen faucet in one of our bathrooms for over a year. She took over the family bill paying because the late fees got out of hand when that […]

Leave a comment Continue Reading →

HELP ME CHOOSE!

Open enrollment: our annual pilgrimage into our personal healthcare analysis. Whether under age 65 or over this is a time that we should all review our recent medical care usage and forecast upcoming expenses as best we can. Many of us have options between high deductible plans and copay driven plans, but how do we […]

Leave a comment Continue Reading →

Plan Decisions

Very soon many of us will face open enrollment for our health insurance benefits. Plan decisions need to be taken seriously as we risk not only dollars we pay into premiums, but also dollars we pay as our share of the claims we incur. So how do we best determine which plans to choose? Rich […]

Leave a comment Continue Reading →

Copay Plan or High Deductible Plan

It may seem early to start discussing this, but open enrollments for health insurance will be approaching soon for many of us whether at work or through our personal plans. Health insurance deductibles continue to rise, premiums are certainly not coming down and between the two our budgets continue to be squeezed. Costs of coverage […]

Leave a comment Continue Reading →

If We Don’t Spend It . . . . .

…we don’t have to earn it. So what does this mean in terms of our long term financial needs? If we develop good health habits we should not have a lot of healthcare expenses. The money we don’t spend can be set aside for future needs, and even be grown with interest. When we eat […]

Leave a comment Continue Reading →

Better Luck Next Time

My bait guy is king of the tall tale. Not that he makes them up. He just passes them along from other fishermen. I was in his shop the other day picking up my usual two dozen blueback herring for a little striper fishing. We were discussing whether the rain would hold off and where […]

Leave a comment Continue Reading →

Why Should I Care?

In my last post we identified who should pay attention to the Medicare Open Enrollment Period which runs from October 15 through December 7 of this year. In this post I would like to explain what we should be paying attention to and why it is important to review current benefits and changes that are […]

Leave a comment Continue Reading →

It’s Medicare Season Again!!!

In about a month the Medicare open enrollment period begins again. Media blitzes will begin and we will all be bombarded with information designed to unsettle us. So who should be concerned? This enrollment process affects individuals who are Medicare eligible, but not all Medicare beneficiaries are 65 and older. Many younger individuals are covered […]

Leave a comment Continue Reading →

Markets Rise, Markets Fall

What should we do??? No matter which way the markets go it will be safe to assume that living expenses will continue to rise and that it is our responsibility to be sure we have enough pennies saved to cover what lies ahead. So what is our best road to success and where are our […]

Leave a comment Continue Reading →