Health insurance coverage costs are rising at an alarming rate. According to a 2005 survey conducted by the Kaiser Family Foundation, employee premiums have increased 70% since 2000. During the same period, wages rose just 15%. Unfortunately, while insurance costs are rising, the medical claims processing system remains highly complex, resulting …
Energy saving tips for seniors for WinterWith rising electric, coal and natural gas prices, people everywhere will be facing higher bills this winter. Seniors, however, face a tough road when their fixed income needs to go more towards their energy bills. There are several things that seniors and caregivers can do inside and outside the home to …
It's no surprise that the Internet is brewing with tips and commentary about spending during the holidays; they are popping up like apples in a barrel. One in particular that comes to mind is from Jennifer Openshaw over at MarketWatch. Her common sense tips for managing your money over the holidays are some of most reasonable I've seen. Given …
Did you know that if you are on Medicare you are eligible for prescription coverage no matter what your health situation or how much money you have? What about those who are a very limited income? Did you know you could qualify for extra assistance with your prescriptions. These are just a few of the helpful tidbits and tools you will find on …
Too often, adult children have no idea of the state their parents financial affairs are in and parents aren't usually prone to disclosing this type of information without some discussion. We've covered the difficulties of talking to elderly parents about money before, but it bears mentioning again. Talking openly with your parents before they are …
Following up on a previous senior bankruptcy news item, we've found some additional (and helpful) more information about the state of older Americans and bankruptcy from the AARP. Many Americans are feeling the crunch with the slow down in the economy and increased costs. Americans age 55+ have experienced the sharpest percentage increase in …
