High-deductible health plans drive insurance costs down
American employers are spending more than ever for their workers' health insurance, according to a new study from the federal Agency for Health Research and Quality. The agency's researchers found that average premiums were $4,940 for one person last year — more than double the price employers paid in 1996. Unfortunately, health costs are expected to go up even further. The Centers for Medicare and Medicaid Services project that total health spending … read more►►►
Frequently Asked Questions
For many employees faced with the prospect of having to save for rising healthcare costs and for retirement, it's important to understand that it doesn't necessarily have to be an either/or decision. That’s the finding of Fidelity Investments' latest study which shows that employees who invest in Health Savings Account programs offered by their employer also tend to be bigger savers when it comes to their 401(k) retirement savings programs. On average, … read more►►►
Scams
Actual Event - Ms. Renate Brevard Problems started for Ms. Brevard when her $1300 adjustable rate mortgage reset to a higher rate causing her mortgage payment to spike. To get help with lowering her mortgage, she reached out for help. She was happy when she found a company that would take over the mortgage while they worked out a lower payment for her. She signed the paperwork to lease her home from them, not realizing that she had actually signed … read more►►►
