Archive | June, 2016

An Ounce of Prevention

Recent news reports about prescription drug costs have told us that, as consumers, we are essentially puppets in a marionette theater. Drugs are prescribed as a knee jerk reaction by many providers with little regard to our wallets.  Pricing is increasing at rates well above any inflation numbers we see in other industries.  The majority […]

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Medicare: What if Our Employees Are Not Properly Enrolled?

If you are responsible for the health insurance for your company and your employee base is less than twenty employees, correct Medicare enrollment is critical. When employees or dependents turn age 65 they should enroll in Medicare parts A and B.  Medicare has primary responsibility for medical claims and, if it is not in place, […]

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Defer Compensation to Address Medicare Costs

When most of us reach age 65 we will need to enroll in Medicare.  The cost for Medicare part A is prepaid for almost all of us, but Medicare part B premiums vary based on income.  The calculation for this expense is based on “modified adjusted income” from two years before the benefit year. What […]

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Healthcare Costs are Spiraling Out of Control

Problems: Consumers feel no responsibility for costs of unnecessary services and do not adequately shop for the cost of their care. Providers exercise defensive medicine to protect themselves. Insurers buy and then bury technology that could make healthcare costs more transparent. Government adds layers of regulation and questionable requirements that add huge financial burdens to […]

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