SENSE AND CENTSIBILITY How to plan for medical costs in retirement
Recently I discussed the benefits of retiring debt-free and why its important to eliminate credit card debts, mortgages and auto loans. Not only will you have more financial flexibility, but high medi... Posted on 3/29/13 at 9:02 AM
Obama and the Democrats are certain to highlight a crucial element of their health care plan — extending coverage to more than 30 million Americans — at the one-of-a-kind event. By comparison, a Republican plan would only help 3 million more. But during a time of ballooning deficits, the GOP figures reining in rising medical costs — not coverage — could resonate with voters in an election year.
Advocates on both sides are preparing for a renewed battle over abortion, which could jeopardize political support for President Barack Obama's health care initiative aimed at covering nearly 50 million uninsured and restraining medical costs.
Democrats’ health care bills won’t meet President Barack Obama’s goal of slowing the ruinous rise of medical costs, Congress’ budget umpire warned on Thursday, giving weight to critics who say the legislation could break the bank.
Since their Katelyn was born five years ago, Cheryl and Christopher Woodley have known the stress of rearing a child with special medical needs.
The couple amassed about $40,000 in debt from the extensive treatment Katelyn needed as a baby. The recession has multiplied the stress, as circumstances and additional medical bills pushed them to the brink of loan default on their Modesto home.
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