A survey conducted by the nation’s first private online health exchange, eHealth, Inc., explored the attitudes of young adults aged 18 to 25 regarding the new health care landscape and the influence that the Affordable Care Act is having on health care costs. Among the 220 survey respondents, all of which had purchased their health […]
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‘Health Insurance’ Category
Americans workers are split about 50/50 when asked if they are confident they will have enough money to pay for medical expenses in retirement. In a 2014 survey, 45% of all workers reported they were “not too” or “not at all” confident they would have enough money to pay for their medical expenses in retirement. […]
Healthy Body, Healthy Pocketbook People save for a variety of things in retirement. Some dream of vacation homes in tropical destinations, others plan to spend time with grandchildren and family. Of all the activities you are saving for in retirement, did you know that health care may have the biggest price tag? One study found […]
As health care costs continue to rise, consumers must find ways to ensure that they have the funds to pay for medical expenses not covered through their insurance. One way to save specifically for health care costs is to fund a health savings account, or HSA.HSAs are tax-advantaged savings accounts set up in conjunction with […]
Medicare coverage can be a critical component for living a healthy life in retirement, as well as for maintaining your financial independence during these years. Yet, as important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.To fill the holes that exist in Medicare, […]
According to a 2012 survey by the Insured Retirement Institute, the average person covered by Medicare will have out-of-pocket medical expenses in excess of $4,300 a year (or $8,600 for a couple). The same report found that 63% of baby boomers lack the confidence that they will have enough money to fund their medical expenses […]
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