Getting a handle on health care in retirement

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Health care is one of the largest expenses most Americans will face in retirement – and it’s among the most difficult to predict. At the recent Morningstar Individual Investor Conference, I joined a panel discussion of strategies for meeting health-care funding needs using Medicare, Medigap, long-term care insurance health savings accounts – and the Affordable Care Act. […]

Obamacare opens new pathways into retirement

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Is President Obama’s health reform law a job killer? Republicans seized on a new high-profile analysis of the Affordable Care Act (ACA) this week to ram home that oft-repeated talking point. But the report, issued this week by the Congressional Budget Office (CBO), actually says something quite different: Jobs won’t be destroyed, but more Americans […]

What does the Affordable Care Act mean for retirees?

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After much fanfare and controversy, Obamacare’s health insurance exchanges are open for business. What does the Affordable Care Act mean for retirees? It all depends on your age. If you’re 65 or older and on Medicare, there are no big changes for you to worry about. But the ACA offers important new options for retirees […]

Seniors face rising scam risk as Obamacare launches

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Seniors have been sold plenty of lies about health reform since the Affordable Care Act (ACA) became law in 2010. They’ve been told that it will slash their benefits and create “death panels” to weed out those too old and sick to be worthy of medical care; that it will crush the popular Medicare Advantage […]

What Obamacare means for retirees

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When the autumn leaves start to fall, it is time for Medicare enrollment. Starting on October 15th, seniors can shop for prescription drug or Medicare Advantage managed-care plans in online exchanges that let them compare features and prices. Wait a minute, you’re thinking – online health insurance exchanges? Isn’t that the Obamacare insurance market launch […]

Employers look to Obamacare exchanges and Medicare for retiree health insurance

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Chicago Mayor Rahm Emanuel is leading the charge in the public sector to cut  healthcare costs by shifting retirees into new public insurance exchanges created under Obamacare. Detroit, which filed for bankruptcy, hopes to push retirees who are too young for Medicare onto the new public insurance exchanges as a way of shedding healthcare liabilities. […]

Obamacare enrollment: What older Americans need to know

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The marketing blitz for the launch of Obamacare is underway, with ad campaigns in many states featuring actors, musicians and athletes urging people to sign up for the health insurance program. A big federal ad campaign will follow in September. Marketing and communication might serve as an antidote to the confusion and antipathy that persists […]

Medicare Advantage defies the forecast with rapid growth

If we used tennis scoring to track the progress of healthcare reform, this would be the moment to declare: advantage Advantage. Obamacare opponents have been warning for several years now that Medicare Advantage, the private plan option that seniors can pick instead of traditional fee-for-service Medicare, would fail because of the healthcare law’s impact on […]

Healthcare reform to end ‘job lock’ for the over-50 crowd

When Carmen Oberai was diagnosed with breast cancer several years ago, she knew the treatment would make it tough for her to stay at her job. But she needed the health insurance provided by her employer, so she worked through the illness. Oberai, 62, works with at-risk pregnant women for a nonprofit agency in Port […]