Many people ask me if insurance is "worth" it and how much they should spend for it. Insurance is simply transferring risk from yourself to someone else.
As the holidays are upon us, a common greeting is "Have a happy and healthy New Year." The problem is, the cost of maintaining good health is soaring.
Can the government really require you to get individual health insurance? Congress says so, and for those of you approaching your 26th birthday this will affect you and your expenses.
The Health Care Reform Act enacted in 2010 requires health insurers to allow adult children to remain on their parents' plan until age 26. It's estimated that due to that stipulation, over two million young adults have been added to insurers' plans since the law was enacted.
Saving for your child's education is something some people start when their child is born, which isn't a bad idea. It's always good to get a head start, especially when considering inflation. Over the past several years tuition inflation has been more than double general inflation.
Your FICO score ranges between 300 and 850; the higher your score the more likely you'll get charged lower interest rates on loans, you'll have lower insurance premiums and you'll get a job. The best way to improve your FICO score is to focus on your history.
Much to your horror, you may be surprised to find that your doctor bill can continue to cost you long after you've paid it.
So you received a speeding ticket and you're thinking: "I'll just pay the fine." Think again. Not only will you pay the fine, but you'll pay in another way: increased insurance premiums.
As if you needed another medical malady, high blood pressure results from the high anxiety generated when you submit a claim to the insurance company for an expensive procedure, or any procedure for that matter, only to find you've been denied coverage you thought you had.
The most common are from the way insurance providers handle claims, whether it be for health insurance, car insurance or homeowners insurance. Here are four things you can do to help you in the process of making and receiving a claim:
I don't play the lottery because I think of it as voluntary taxation. I read that you have a one in 16 million chance of winning the lottery and I believe it. Actually, since I sometimes don't even see the glass as half full, (sometimes I can't even find the glass,) I think my chances are much les
My late father used to say, "Insurance is something you can never get enough of, but hope you never have to use."
Ever wonder why it costs and arm and a leg to insure an arm and a leg? Medical insurance premiums rise faster than overall inflation. It doesn't seem right, so I did some exploring and found out why.
As if buying personal health insurance wasn't bad enough, there's something about the entire process that's just ALL wrong!
Suffice it to say, while your employer is providing medical insurance to you, it has come at an ever-increasing cost. It used to be a couple of decades ago, your employer paid the entire cost.
