Say hello to M and N, and goodbye to E, H, I and J. The letters are part of the alphabet soup used to name Medigap insurance policies–an important tool for capping the out-of-pocket health care costs you can face in traditional Medicare. Insurance companies sell Medigap policies to supplement Medicare’s basic coverage. Typical policies [...] [read full article…]
The Federal government ejected a big insurance company from the Medicare prescription drug program this week–an unprecedented move and a shot in the arm for health care reform advocates. My question: Why stop there? The Centers for Medicare & Medicaid Services (CMS) said it booted New York-based Fox Insurance after it found that the company [...] [read full article…]
Chris Farrell is an optimist, so when he talks about the Great Recession he looks for the silver lining. The economics editor for public radio’s Marketplace Money, Farrell thinks the recession is ushering in some very healthy changes in our consumer behavior and personal financial habits. The debt-and-consumption driven 1990s are giving way to a [...] [read full article…]
No one is immune to the stock market’s ups and downs. But if you participate in United Airlines’ 401(k) plan, you’ve got a better shot at reaching your retirement goals than the workers at American Airlines. Programmers at Google have better odds than the cashiers at Whole Foods or Wal-Mart. And Verizon workers are ahead [...] [read full article…]
