According to a recent report by CNBC, over half of the revenue generated by the nation’s top five-insurance companies comes from federal government funds provided by Medicare and Medicaid., more than doubling since the Affordable Care Act (ACA) came into effect. Those insurers generated a combined $92.5 billion in revenue…
Estate planning can be a confusing topic, especially when considering it along with financial planning. It can be even more confusing given the current debate over tax cuts and how they will impact the economy if they are enacted. A recent article from MarketWatch.com paints a rather bleak picture of…
The traditional cycle of wealth transfer in America has always seen older generations safeguarding assets in order to leave as much as possible for future generations. However, a recent article from CNBC points out that a recent survey indicates that the trend of leaving as much as possible for the…
A U.S. District Court judge recently ruled that medical malpractice victimss receiving benefits from Medicare must pay back the federal government for medical care in cases where plaintiffs make a successful recovery in their claims. The victim’s wife brought the claim against the Center for Medicare and Medicaid Studies (CMS)…
Estate planning is sometimes thought of as something older, more established individuals engage in when they have kids to worry about and significant assets to protect. While it is never too early to start thinking about comprehensive estate planning, it is also important to be aware of and avoid some…
According to a 2014 action plan by the U.S. Department of Health and Human Services, older adults account for about 35 percent of all hospital stays but more than half of the visits that are caused by drug-related complications. Those figures highlight what many senior care experts categorize as polypharmacy…
With an estimated 70 million Baby Boomers expected to retire in the coming years, the amount of financial abuse committed against elders is likely to increase many times over as well. Aided by digital technology and an ever growing population of vulnerable people to take advantage of, con artists and…
For both practical and philanthropic reasons, charitable giving can be an important part of your estate planning strategy. However, it is important to approach charitable giving in estate planning in a responsible manner to make sure that you are getting the most out of it while being sure your objectives…
A recent article by Time Magazine covered the financial struggles millions of aging Americans face trying to figure out how to pay for the long term in the future. Unfortunately, our nation’s health care system does not seem to have an effective way for our elders to pay for long-term…
A recent report by CNN revealed the lengths to which one California drug maker may be going to push sales of Nuedexta, a little red pill developed to treat certain behavioral problems but has been increasingly used in nursing homes to control residents. The story by CNN was so compelling…