Prescription Drug Costs Soar, Doubling in 7 Years

Thanks to drug manufacturer price hikes, the average cost for a year’s supply of a prescription drug has jumped to more than $11,000, or about 75 percent of the average annual Social Security retirement benefit and half the median income of someone on Medicare. This latest bad news for older patients’ pocketbooks come from a new AARP Public Policy Institute report, which shows retail prices for widely used medications increased at six times the rate of general inflation in 2013. …

Tax Email Scams Surge This Filing Season

Along with trying to scam the public in the nation’s reigning top ruse — phony phone calls threatening arrest, deportation or seizure of property unless immediate payment is made for alleged back taxes — IRS impostors are also breaking records on another fraudulent front this tax season. Bogus emails and text messages that phish for sensitive information or deliver computer malware have increased fourfold so far this year, reports the Internal Revenue Service. Designed to look like they’re from the …

Baby Powder Lawsuit Raises Questions About Talc

En español | A $72 million jury verdict against Johnson & Johnson for failing to warn consumers of a potential cancer risk from talc in baby and bath powder has raised questions about the safety of using these items, especially for feminine hygiene. Jurors in St. Louis awarded the money to the family of a woman who said her fatal ovarian cancer was due to using the company’s talc-based Baby Powder and Shower-to-Shower powder for decades. Enter to win a Volvo …

Older Voters Bolster Trump in Nevada GOP Caucus

Older voters strongly favored Donald Trump in the Feb. 23 Nevada Republican caucuses. As a large share of the total electorate, their vote for Trump was significantly higher than the older age groups in three states that voted earlier in February. Trump got 51 percent of the vote from Nevada GOP voters who were 65 and older, according to entrance poll results compiled by the National Election Pool. They were 33 percent of all GOP caucus-goers. Voters between ages 45 and …

Older Voters Boost Winners in Nevada, South Carolina Presidential Contests

Voters age 45-plus bolstered winners Hillary Clinton and Donald Trump in the Feb. 20 presidential nominating contests in Nevada and South Carolina. Their votes were especially significant in Clinton’s narrow victory in Nevada’s Democratic caucuses, where older voters had a much higher turnout than younger ones. The results continued the huge generational split in the party’s matchup between Vermont Sen. Bernie Sanders and Clinton, the former New York senator and secretary of state. The age contrast was less dramatic in South …

Preventing Child ID Theft With a Credit Freeze

No matter where you live, a credit freeze is a great way for you to prevent identity theft — particularly the opening of new credit cards, loans and service accounts in your name. But depending on where you live, a freeze isn’t easy to get for your offspring. Although legislation has been introduced, currently there are no federal laws concerning credit freezes for children, and only 23 states have passed laws requiring credit reporting bureaus to freeze a minor’s credit …