Bulletin Today | Money & SavingsOof. The latest estimate of an average American couple’s retirement health care costs is $240,000. The calculation, from Fidelity Investments, is based on a 65-year-old couple with Medicare coverage, and factors in things like premiums, co-pays, deductibles and out-of-pocket prescription drug costs. It doesn’t factor in things like long-term care, dental services, over-the-counter meds or hearing aids.
health care costs
Bulletin Today | Personal HealthIt was a simple question: How much do hospitals charge to remove an appendix? The answer stunned researchers at the University of California, San Francisco. As the Associated Press reported, the researchers found that California hospitals charge anywhere from the price of a refrigerator to the cost of a house. For this common procedure, patient bills varied from as little as $1,529 to as much as $182,955, with an average of $33,000 — and experts worry that the situation isn’t …
Bulletin TodayResearch Overseas Healthcare Options Easily: Traveling4Health & Retirement (THR) has just launched an interactive online map of overseas medical resources, including places for “medical tourism“—traveling to foreign countries specifically for lower-cost medical care. With the ever-increasing costs of U.S. healthcare, it’s a practice more Americans have been embracing in recent years.
Bulletin TodayA recent survey, conducted by Bankers Life and Casualty Company, found 82 percent of middle-income Americans on Medicare say they’re ‘extremely’ or ‘very’ satisfied with access t0 and quality of health care. Only 2 percent said they were ‘not satisfied’ with Medicare access and quality.
Bulletin TodayWhat Goes Up … Must Go Up? Health insurance premiums may be slated to rise less next year than they have in over a decade, but perhaps that’s because 2011 saw unprecedented surges. According to the Kaiser Family Foundation, annual premiums for some employer-sponsored family health insurance policies surpassed $15,000 this year, a climb of 9 percent over 2010; premiums for individual coverage rose 8 percent. Between 2009-2010, premiums for families and individuals rose just 5 and 3 percent, respectively. Because employers split …
Bulletin TodayWhat does your face say about you? Does it say you’re happy? Stressed? When people see you, do they think you’re powerful? Warm? Do you appear healthy? As President Obama turns 50, a new report examines how much he’s aged in the last three years and asks an interesting question: “What’s in a face at 50?”