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Topic » Medicare 

March 10, 2010
A new study by Boston College’s Center for Retirement Research shows that although they may be covered by Medicare once they reach the age of 65, seniors may still face steep out-of-pocket health care expenses in retirement. ...
March 09, 2010
Some people have been seething for a long time; for others it’s been a slow boil. ...
March 04, 2010
On the heels of his televised health care summit, President Obama has signaled to congressional leaders that he will consider adopting a number of GOP provisions....
March 04, 2010
The senate’s recent failure to prevent a 21 percent cut in Medicare payments to physicians has doctors outraged....
March 01, 2010
Future Medicare, if left up to our elected officials, will require higher costs to access medical care at every level....
February 25, 2010
It seems every month another state is rocked with a Medicare scam. ...
February 03, 2010
Support for health care legislation has steadily increased since early November....
February 03, 2010
When asked about the proposed health care legislation, a modest 25 percent said they are in favor of it....
February 02, 2010
$14.38 – Mean copay for primary care in plans that increased payments for ambulatory care, up from $7.83 in the year before the copay increased. ...
February 01, 2010
It is interesting that the question of losing Social Security if you withdraw from Medicare comes now....

 ‭(Hidden)‬ 5 Fast Facts

That most famous face of the psychological profession, Dr. Phil, is known for his down-home philosophies.

One of the chief among them is: “If Momma ain’t happy, ain’t nobody happy.”

Well, all I can say is “Momma” must really be ticked off about health care, because it seems like nobody likes the road reform (or lack of reform) is taking.

A (very) short list of angry people:

  • Doctors
  • Nurses
  • Patients
  • Seniors
  • President Obama
  • Senator Boehner (R-Oh.)
  • Glenn Beck
  • Jay Leno
  • Conan O’Brien
  • The U.S. Hockey Team

Some people have been seething for a long time; for others it’s been a slow boil.

According to a photo essay in Time magazine, “at an overflowing town hall meeting in Lebanon, Pennsylvania, on Aug. 11, Craig Anthony Miller grew so agitated that he had to be restrained by another audience member. ‘You are trampling on our Constitution!’ he shouted at Sen. Arlen Specter (D-Pa.).”

In the photo, Miller looks like he’s about to give Specter a Three Stooges poke in the eye, which would only have contributed to the nation’s bloated medical expenses. Ah, but at least Specter, as a member of Congress, has great health coverage. Nyuk nyuk.

Everybody, it seems, is angry about health care. And if I have learned one thing in following this incendiary topic, it’s this: you can’t escape the outrage.

Believe me, I’ve tried. I was late to the party of anger and only swept up in the fervor by virtue of my being collateral damage—angry due to others’ anger.

This time of year I like to frequent college football message boards to keep up with the latest scoop on which players are developing during spring practice and who’s climbing up the depth chart.

Have I been able to find that out lately? No! Instead of discovering if the quarterbacks can make “all the throws,” or if the middle linebacker can run sideline to sideline, I’m reduced to reading wild rants about health care reform—on a college football message board!

I thought I would be the last angry man in America, but now I’m mad, too.

Maybe, hopefully, by the time you read this in April, everyone will have joined arms at the elbows and will be swaying and singing happy songs about health care. But something tells me whether a bill has pushed through by then, somebody, somewhere, is going to be angry—very, very angry.

 ‭(Hidden)‬ Features

 ‭(Hidden)‬ Medicare News

 ‭(Hidden)‬ Case Study

Some people have been seething for a long time; for others it’s been a slow boil. ...

 ‭(Hidden)‬ Featured Article

5 Forgotten Referral-Selling Sources

Many of us believe that, because our business is complex and sophisticated, only certain people would be good referrals. This assumption is just wrong. Everyone knows someone--you just need to ask....

 ‭(Hidden)‬ Medicare Blogs

Jack Marrion

I was asked to speak at the NAIC Fall Conference in Washington on the topic of senior decision making. My message was the research says our decision making powers decline sometime after age 65, but there are things that can be done so that decisions of a 75-year-old are as good as a 35-year-old.

More...

 ‭(Hidden)‬ Ask The Experts

A recent study by an Allianz Group research team reveals how the recent economic turmoil and plunge in household wealth is affecting consumer habits.

The research showed that the spike in savings rates, which recently hit 6 percent, could prove to be a permanent shift in Americans’ behavior.

Such a sea change in consumer habits could correlate to an increase in the need for guaranteed and safe-savings solutions, as Americans become more leery of risky investments.

Allianz estimates that $700 billion in U.S. savings could be amassed in the next 10 years. This would come as a reaction to the unprecedented drop in net worth from mid-2007 to early 2009. At its worst, the collapsing real estate and stock markets erased almost $17.5 trillion in household wealth.

“We have witnessed a surge in the saving rate since early 2008, up to an average of 4.6% in 2009,” said Michael Heise, an economist at Allianz. “We anticipate that products such as mutual funds, annuities and equities will benefit from this change.”

After a slow start to 2009, purchases of financial assets are set to climb to an estimated $700-800 billion annually. This compares to the average of nearly $900 billion for the boom years of 2003 to 2007.

“One [lesson] from the financial crisis is that it’s not just about asset allocation, but asset location. There is a definite need for financial products that offer guaranteed lifetime income and which we view as the emerging fifth asset class,” said Allianz Life Insurance president Gary Bhojwani. “It goes beyond saving for retirement; it’s about planning how we want to live once we do retire.”

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