‘Medical tourism” often carries international connotations — Americans seeking treatment abroad, for instance, where the cost of procedures for joint implants and pacemakers overseas may be a fraction of what it is in the U.S. But the economics of domestic medical tourism are catching up.
Now that 2015 is here, you may be thinking about making some New Year’s resolutions. Perhaps you’ll decide to take up a musical instrument, or hit the gym more often, or even learn a new language. All these are worthy goals, of course — but you could also gain some key benefits by working to achieve some financial resolutions.
As you begin planning for the expenses of your child’s college education, it’s easy to overlook some of the extras that add up quickly. Trips home, activities, and sports can be a surprise if you haven’t planned for them.
Starting next year, the government will offer some seniors enrolled in private Medicare Advantage insurance an opportunity to leave those plans if they lose their doctors or other health care providers.
As you make your list and check it twice, don’t forget to add one more item on your to-do list: checking your insurance policy to ensure you’re covered. To avoid unwanted surprises in Santa’s bag, gift-givers need to understand that some gifts may come with a higher price tag on their insurance premiums, and some may not be covered at all.
If the prospect of asking your aging parents about the way they handle their household finances — or how they’d feel about moving to a nursing home — fills you with apprehension, you are not alone. However, it’s the kind of conversation you can’t afford to delay indefinitely. As your parents get older, it’s critical to sit down with them and talk about their health and financial well-being — before urgent decisions are forced on you.
“Not me,” you say. You’re young. You’re healthy. You eat right, exercise, and get regular check-ups. Just a few of the reasons people today are living longer. In fact, since the 1960s, life expectancy has increased between 1.5 and two years each decade.
November is Long-Term Care Awareness Month — a month dedicated to educating the public about the need to prepare for the potentially devastating costs of long-term care. And the more you know about these expenses, the better prepared you will be to deal with them.
More Americans are facing rising caregiver costs. The financial challenge of caring for an aging parent can also create caregiver stress. Don’t allow caring for an aging parent or spouse to become a crisis.
In the midst of NFL season, I got to thinking about teams, coordinating them, strategizing, picking the right person for the task, everyone understanding the goal and planning on how to attain it. Real estate isn’t much different because we use teams and strategy and goal planning to create a successful transaction. We have lots of players with different roles, who use words you may never have heard of; therefore I would like to introduce you to the Real Estate Gridiron
Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions.