Three Ways to Buy Long Term Care Without Paying Premiums Out of Your Pocket

Stop 100 people over 65 on the street and ask them if they will ever need to go to a nursing home and 99 will say, “No!” Folks tend to equate long term care insurance with nursing homes, but there are other aspects of long term care. Home care, assisted living, adult day care and … Continue reading

LA Times: Health premiums soared, Insurance Commissioner Dave Jones says

“The rate increase from 2013 to 2014, on average, was significantly higher than rate increases in the past,” said Insurance Commissioner Dave Jones, shown in 2011. (Bob Chamberlin / Los Angeles Times) By STUART PFEIFER  The cost of health insurance for individuals skyrocketed this year in California, with some paying almost twice what they did … Continue reading

Department of HHS: PREMIUM AFFORDABILITY, COMPETITION, AND CHOICE IN THE HEALTH INSURANCE MARKETPLACE, 2014 A central feature of the Affordable Care Act is the establishment of the Health Insurance Marketplace (“Marketplace”) where consumers can purchase health insurance plans in a competitive market. Consumers may be eligible for financial assistance to offset the cost of premiums, if … Continue reading

California Healthline: Federally Run Insurance Exchanges Likely To See Lower Premiums

Some health policy analysts are predicting that 2014 premium rates for individual-market health plans offered through federally run exchanges under the Affordable Care Act could be lower than expected, similar to those announced in some state-operated exchanges, Modern Healthcare reports (Block, Modern Healthcare, 7/25). Last week, Obama touted a new HHS report that found the lowest cost plan in the … Continue reading

The Miami Herald: APNewsBreak: Upper-income seniors’ Medicare hike

BY RICARDO ALONSO-ZALDIVAR ASSOCIATED PRESS WASHINGTON — President Barack Obama’s plan to raise Medicare premiums for upper-income seniors would create five new income brackets to squeeze more revenue for the government from the top tiers of retirees, the administration revealed Friday. First details of the plan emerged after Health and Human Services Secretary Kathleen Sebelius testified … Continue reading

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