If you’ve spent more than five minutes on a kid’s television network, you’ve seen just how inundated young kids are with commercials for everything from the latest gadget, to some dreadful snack that features something gooey and/or messy. It’s also safe to bet that many of these kids run to their parents, wanting to buy some or all of these items.
It’s certainly no secret that healthcare costs have escalated in recent years, and there’s no reason to believe that the end is in sight. But whether you have a comprehensive health insurance policy or have purchased a catastrophic policy, there are ways to save on healthcare costs.
Here are just a few:
Costly doesn’t even begin to describe what the forecast of the nursing home and home care industry is projected to look like. Genworth Financial isn’t painting any prettier of a picture, either. Their Cost of Care study reports an outlook that nursing home care is growing at a more rapid rate than in-home care, but the trajectory for both are eye-openers.
Retirement can sneak up on you.
*This content is developed from sources believed to be providing accurate information. The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties.
Does it feel like a daunting task to save for a home? Or seem unlikely you’ll ever afford an international vacation? Or impossible to save enough money for retirement?
Already enrolled in Medicare? Then this information is for you. The Open Enrollment Period to CHANGE your Medicare coverage runs October 15 ¬- December 7, 2018.
If you choose to make a change in the upcoming enrollment period, you’ll be automatically disenrolled from your existing plan at the time your new plan takes effect on January 1, 2019.
The average American spends more than $10,000 per person annually on healthcare expenses, including premiums, deductibles and coinsurance amounts. For a large family, that amount can quickly become unsustainable. In the past, it was common for employers to absorb the majority of these costs, leaving the employee responsible for only a small portion.