Silence Could Be Costly in Family Financial Planning

Parents and their adult children say they want to have honest conversations about finances and retirement issues, but they just don’t agree on when to talk, according to a survey released today by Fidelity Investments. And when these discussions do eventually occur, they often don’t get down to the details needed for proper financial planning, the Boston-based investment firm found. Lauren Brouhard, senior vice president of retirement at Fidelity, urges families to bite the bullet and talk – before parents retire …

Not Everyone Is Living Longer

When it is unveiled in the coming weeks, the Social Security Trustees report will no doubt prompt the program’s critics to call for change, as it does each year. And one of their suggestions will likely be to raise the age of eligibility for Social Security and Medicare benefits. It sounds so reasonable. Isn’t everybody living longer? Unfortunately, the answer is no. >> Sign up for the AARP Advocacy Newsletter The truth is that gains in life expectancy are not …

Just How Strong Did Healthcare.gov Finish?

By Phil Galewitz, Senior Correspondent, Kaiser Health News Obama administration officials predict that health insurance premiums will be stable next year despite concerns that not enough young and healthy people signed up through the online insurance exchanges. “The risk pool is fundamentally large and varied to support that kind of pricing … in every state,” said Mike Hash, the director of the Health and Human Services Department’s office of health reform. “We believe … premiums will be stable.” The upbeat …

Who Really Pays for Health Care? It’s Not Who You Think

By Jay Hancock, Staff Writer, Kaiser Health News Eight million Americans have signed up for private health insurance – much of it government subsidized – under the Affordable Care Act. Millions more obtained new coverage through Medicaid, the government-sponsored insurance program for low-income people. The full implementation of the law – along with its wider coverage, new taxes and shifting subsidies - has brought renewed discussions and debates over the winners and the losers in the new health care landscape. Here are …

Fighting Health Care Fraud: The Power of One

Can a single federal prosecutor make much of a difference in the war against health care fraud? Yes, a new analysis of Justice Department statistics suggests. And the stakes are enormous: Fraud is thought to cost the Medicare program alone up to $90 billion each year. The analysis – from the Transactional Records Access Clearinghouse (TRAC), a nonprofit group based at Syracuse University – shows that federal prosecutors filed a record number of new health care fraud cases in fiscal …

What’s the Nation’s No. 1 Problem?

It’s the government, stupid. Bill Clinton won a presidential campaign with the motto, “It’s the economy, stupid.” But these days the top issue to most Americans is the government, according to a new Gallup poll.   Some 21 percent of Americans polled in the Jan. 5-8 survey said that the most important problem facing the country today is the government itself - including poor leadership, corruption, abuse of power and general dissatisfaction with Congress and politicians in general. The second most important …