24 Burst results for "Health Care Insurance"

Biden: Nearly 3M Get Health Coverage During COVID-19 Sign-Up

AP News Radio

00:40 sec | 2 months ago

Biden: Nearly 3M Get Health Coverage During COVID-19 Sign-Up

"The White House is touting an increase in the number of people who signed up for health care insurance over the summer president Biden says an all time high of twelve point two million people are now covered under the affordable Care Act and the Kaiser family foundation says that with most states expanding Medicaid for low income adults the two components cover about twenty seven million people by denounce the two point eight million consumers took advantage of a special six month period to sign up for private health insurance that was made more affordable under the covert nineteen relief law subsidies that kicked in an April help trim premiums by about sixty seven dollars a month by the called on Congress to do more to lower healthcare costs the next regular season sign up with the health care doc of market place starts on November first Jennifer king Washington

Kaiser Family Foundation Biden White House Congress Jennifer King Washington
"health care insurance" Discussed on KLBJ 590AM

KLBJ 590AM

02:01 min | 1 year ago

"health care insurance" Discussed on KLBJ 590AM

"Of stripping people off their private health care insurance and and let really looking at cutting Millions of jobs across the country. And I think about the last two years in the opportunity that these Democrats had instead of focused on political theater and focused on impeachment, if it actually done policy issues that are homework things like passing an infrastructure that you know where you would have had me sold in America. People. Let's workers when they needed most good paying jobs that aren't Republican jobs aren't Democrat judge but real jobs. It would have been important at China. We needed them most. Instead of concentrating on things like impeachment in Russia, collusion, those people only hoping be able to work with There you go. That's our former Irving, Texas Mayor Beth van Dine. Well, now remember the U. S house. Well said, Yeah, there you go. It is 7 11 here in K. L. B. J. We got some business news. You don't want to miss that Dr. S. Scott's talking about rolling back capacity again for some of these restaurants. Well on all of that straight ahead, Todd and don show Listen, I had a great conversation with Chris Waters alive. Facebook interview. It's still posted on the news. Ready. Okay, LBJ Facebook page and we get into a really good conversation about the crime rates, the homelessness in our city and the increase in property taxes that just continues to climb. He says he's getting tons of phone calls from people that want to cash in and get out. Get out of Austin. Not surprise a little bit further out of you know, the main city If you will, and hey, had some great advice and you need to listen to him because there's a lot of Internet buyers out there that will take advantage of you, then hit you with these fees tens of thousands of dollars in fees that you don't know about until the very end and you're frustrated. So you just take it because your home's been sold, but they really do eat into your equity. You don't have to do that. If you reach out with Chris Water's great success story here, Vicky and can they are retiring and relocating to Virginia reduce expenses they listed with Chris Waters had 25 offers..

Chris Waters Facebook Todd Chris Water Beth van Dine America Irving Russia Austin China Texas Dr. S. Scott Vicky K. L. B. Virginia
John Gorman Discusses the Use of Opportunity Zones to Address Social Determinants

The Healthcare Policy Podcast

07:29 min | 1 year ago

John Gorman Discusses the Use of Opportunity Zones to Address Social Determinants

"To the healthcare policy podcast on the host. David. Intra Cosso. During this podcast saw discussed efforts to address social determinants of health with John Gorman chairman of the nightingale partners and founder and former Executive Chairman of Gorman Health Group. John Welcome to the program. Thanks David. Great to be here. especially with another native DC guy here most welcome John's by is, of course, posted on the podcast website. Briefly on background, the ongoing covid nineteen pandemic has exposed. The country's failed to adequately address the social determinants of health. Generally defining health access and quality education, economic circumstances, food security, social conditions, and environmental factors. It is estimated that where people live work and socialize determines as much as sixty percent of their health status. Whereas formal medical care accounts for just ten percent. For example concerning. Circumstances forty years of wage stagnation among lower income earners has left forty five percent of working age Americans. With either no health care insurance for insurance without a pocket expenses so high. They avoid sinking care went for example, they developed covid nineteen related symptoms. Healthcare policy makers have slowly begun to take an interest in addressing sto ages as a way to improve health delivery by increasing increasing appropriate utilization and reducing costs. For example, Medicare, advantage plans which enroll more than one third of all Medicare beneficiaries have recently been given regulatory authority to offer Ma benificiary supplemental benefits beyond medical care such as mail deliveries, home modifications, and Personal Care Services. With beginning, discuss, addressing, social determine, specifically use of what are termed opportunities zones. Again. John Gorman. So Jon with that as background. Louis. Begin by asking if you could provide a brief overview of nightingale. Sure David Nangle partners is one of these weird opportunities zone funds that came out of trump's big tax giveaway bill It was actually Cory Booker's program that was designed to encourage investment in real estate and disadvantaged communities and I was sitting on my ass retired last spring and got a notification that the irs had just completely revamped the rags to allow opportunities own capital to be used not just for real estate investment. But also for leases one portly for working capital or for meeting the business requirements of a new company inside one of the nine thousand roughly nine thousand opportunities zones around the country and those opportunities owns David are all. Severely, economically disadvantaged and more importantly medically underserved, and because the irs allowed now opportunities own capital to be used for working capital for meeting business requirements. That's what opened the door to allow us to use opportunities on Capitol to make large scale investments in social determinants of health intervention. So nightingale partners with insurers with health systems with large medical groups to finance design launch, and where necessary execute on our goals to improve. The quality of care for vulnerable populations. In this country, a lot of people like to say and I love it that we packed a Republican billionaire tax shelter in order to improve care for black drought people on that gets me up every morning. Sir Thank you. So this as you noted, this was a provision in the December seventeen tax bill. Specifically page one, hundred, and thirty. This was picked up this previous legislation as you noted, that as you mentioned senator from New Jersey Cory Booker but also the South Carolina African American Republican, the only one Tim Scott. So this is picked up in the tax bill previous legislation and you mentioned the nine thousand. So these are census tracts that meet this low income community criteria wrote and then explain to me. Governors than have to select a discrete number. That could benefit from this. Tax Advantage program is that correct doubts correct and there was a little bit of mischief but some of the governors in the designation of some of those areas and there's been, you know some gamesmanship with this story like you know Chris Christie, the former governor of New Jersey is. Used an opportunity zone fund open up frigging LAUNDROMAT. In Asbury, Park with Bruce, springsteen cats not the kind of stuff that we do. I'm not surprised to hear that I guess the former governor is a is obsessed with. Mr Asbury Park and again just so on. Understand better more clearly, this is the tax advantage here is that by investing the capital gains on your investment, you can avoid paying the. Twenty three percent the capital gains tax and that basically. Sure go ahead, go ahead. Well, basically, the way it works is that if you invest money or capital gains in and opportunities zone and you leave it in for at least ten years, not only is the initial investment completely tax free but then all of the proceeds that you make on that investment are completely tax free. So high net worth individuals. And family offices large corporations the generate large amounts of capital gains love this program, and indeed it opened up about six point two trillion dollars in available capital based on the amount of capital gains that we generate in our economy. So of that amount, David Roughly a hundred billion dollars has been invested thus far into opportunities zones off. The roughly eight months programs operate. And again, the idea is the long leave the money and means completely tax free for ten years out of step seven years you pay are you're eighty five percent excuse but I know that that number surprises me would you say this this this one, hundred, billion, his far more than was estimated when the legislation was passed. No I think it's probably rolling out slower than A lot of folks had hoped and as you can imagine, the vast majority of those deals that have been done thus far has been around real estate and real estate redevelopment certainly in the healthcare sector I think we're still the only firm out here. That's a healthcare focus opportunities on fund it. You know it we've been the only ones to my knowledge. So we're you know we're granted here, but we have yet even break a billion, but we're that's our goal.

David Nangle John Gorman Cory Booker Gorman Health Group IRS New Jersey Chairman Mr Asbury Park Chris Christie Executive Chairman Personal Care Services Medicare JON
John Gorman Discusses the Use of Opportunity Zones to Address Social Determinants

The Healthcare Policy Podcast

06:32 min | 1 year ago

John Gorman Discusses the Use of Opportunity Zones to Address Social Determinants

"During this podcast saw discussed efforts to address social determinants of health with John Gorman chairman of the nightingale partners and founder and former Executive Chairman of Gorman Health Group. John Welcome to the program. Thanks David. Great to be here. especially with another native DC guy here most welcome John's by is, of course, posted on the podcast website. Briefly on background, the ongoing covid nineteen pandemic has exposed. The country's failed to adequately address the social determinants of health. Generally defining health access and quality education, economic circumstances, food security, social conditions, and environmental factors. It is estimated that where people live work and socialize determines as much as sixty percent of their health status. Whereas formal medical care accounts for just ten percent. For example concerning. Circumstances forty years of wage stagnation among lower income earners has left forty five percent of working age Americans. With either no health care insurance for insurance without a pocket expenses so high. They avoid sinking care went for example, they developed covid nineteen related symptoms. Healthcare policy makers have slowly begun to take an interest in addressing sto ages as a way to improve health delivery by increasing increasing appropriate utilization and reducing costs. For example, Medicare, advantage plans which enroll more than one third of all Medicare beneficiaries have recently been given regulatory authority to offer Ma benificiary supplemental benefits beyond medical care such as mail deliveries, home modifications, and Personal Care Services. With beginning, discuss, addressing, social determine, specifically use of what are termed opportunities zones. Again. John Gorman. So Jon with that as background. Louis. Begin by asking if you could provide a brief overview of nightingale. Sure David Nangle partners is one of these weird opportunities zone funds that came out of trump's big tax giveaway bill It was actually Cory Booker's program that was designed to encourage investment in real estate and disadvantaged communities and I was sitting on my ass retired last spring and got a notification that the irs had just completely revamped the rags to allow opportunities own capital to be used not just for real estate investment. But also for leases one portly for working capital or for meeting the business requirements of a new company inside one of the nine thousand roughly nine thousand opportunities zones around the country and those opportunities owns David are all. Severely, economically disadvantaged and more importantly medically underserved, and because the irs allowed now opportunities own capital to be used for working capital for meeting business requirements. That's what opened the door to allow us to use opportunities on Capitol to make large scale investments in social determinants of health intervention. So nightingale partners with insurers with health systems with large medical groups to finance design launch, and where necessary execute on our goals to improve. The quality of care for vulnerable populations. In this country, a lot of people like to say and I love it that we packed a Republican billionaire tax shelter in order to improve care for black drought people on that gets me up every morning. Sir Thank you. So this as you noted, this was a provision in the December seventeen tax bill. Specifically page one, hundred, and thirty. This was picked up this previous legislation as you noted, that as you mentioned senator from New Jersey Cory Booker but also the South Carolina African American Republican, the only one Tim Scott. So this is picked up in the tax bill previous legislation and you mentioned the nine thousand. So these are census tracts that meet this low income community criteria wrote and then explain to me. Governors than have to select a discrete number. That could benefit from this. Tax Advantage program is that correct doubts correct and there was a little bit of mischief but some of the governors in the designation of some of those areas and there's been, you know some gamesmanship with this story like you know Chris Christie, the former governor of New Jersey is. Used an opportunity zone fund open up frigging LAUNDROMAT. In Asbury, Park with Bruce, springsteen cats not the kind of stuff that we do. I'm not surprised to hear that I guess the former governor is a is obsessed with. Mr Asbury Park and again just so on. Understand better more clearly, this is the tax advantage here is that by investing the capital gains on your investment, you can avoid paying the. Twenty three percent the capital gains tax and that basically. Sure go ahead, go ahead. Well, basically, the way it works is that if you invest money or capital gains in and opportunities zone and you leave it in for at least ten years, not only is the initial investment completely tax free but then all of the proceeds that you make on that investment are completely tax free. So high net worth individuals. And family offices large corporations the generate large amounts of capital gains love this program, and indeed it opened up about six point two trillion dollars in available capital based on the amount of capital gains that we generate in our economy. So of that amount, David Roughly a hundred billion dollars has been invested thus far into opportunities zones off. The roughly eight months programs operate.

John Gorman Nightingale Partners Gorman Health Group David Nangle Cory Booker Medicare John IRS David Sir Thank JON Louis Tim Scott Asbury, Park New Jersey Mr Asbury Park
John Gorman Discusses the Use of Opportunity Zones to Address Social Determinants

The Healthcare Policy Podcast

06:36 min | 1 year ago

John Gorman Discusses the Use of Opportunity Zones to Address Social Determinants

"Welcome to the healthcare policy podcast on the host. David. Intra Cosso. During this podcast saw discussed efforts to address social determinants of health with John Gorman chairman of the nightingale partners and founder and former Executive Chairman of Gorman Health Group. John Welcome to the program. Thanks David. Great to be here. especially with another native DC guy here most welcome John's by is, of course, posted on the podcast website. Briefly on background, the ongoing covid nineteen pandemic has exposed. The country's failed to adequately address the social determinants of health. Generally defining health access and quality education, economic circumstances, food security, social conditions, and environmental factors. It is estimated that where people live work and socialize determines as much as sixty percent of their health status. Whereas formal medical care accounts for just ten percent. For example concerning. Circumstances forty years of wage stagnation among lower income earners has left forty five percent of working age Americans. With either no health care insurance for insurance without a pocket expenses so high. They avoid sinking care went for example, they developed covid nineteen related symptoms. Healthcare policy makers have slowly begun to take an interest in addressing sto ages as a way to improve health delivery by increasing increasing appropriate utilization and reducing costs. For example, Medicare, advantage plans which enroll more than one third of all Medicare beneficiaries have recently been given regulatory authority to offer Ma benificiary supplemental benefits beyond medical care such as mail deliveries, home modifications, and Personal Care Services. With beginning, discuss, addressing, social determine, specifically use of what are termed opportunities zones. Again. John Gorman. So Jon with that as background. Louis. Begin by asking if you could provide a brief overview of nightingale. Sure David Nangle partners is one of these weird opportunities zone funds that came out of trump's big tax giveaway bill It was actually Cory Booker's program that was designed to encourage investment in real estate and disadvantaged communities and I was sitting on my ass retired last spring and got a notification that the irs had just completely revamped the rags to allow opportunities own capital to be used not just for real estate investment. But also for leases one portly for working capital or for meeting the business requirements of a new company inside one of the nine thousand roughly nine thousand opportunities zones around the country and those opportunities owns David are all. Severely, economically disadvantaged and more importantly medically underserved, and because the irs allowed now opportunities own capital to be used for working capital for meeting business requirements. That's what opened the door to allow us to use opportunities on Capitol to make large scale investments in social determinants of health intervention. So nightingale partners with insurers with health systems with large medical groups to finance design launch, and where necessary execute on our goals to improve. The quality of care for vulnerable populations. In this country, a lot of people like to say and I love it that we packed a Republican billionaire tax shelter in order to improve care for black drought people on that gets me up every morning. Sir Thank you. So this as you noted, this was a provision in the December seventeen tax bill. Specifically page one, hundred, and thirty. This was picked up this previous legislation as you noted, that as you mentioned senator from New Jersey Cory Booker but also the South Carolina African American Republican, the only one Tim Scott. So this is picked up in the tax bill previous legislation and you mentioned the nine thousand. So these are census tracts that meet this low income community criteria wrote and then explain to me. Governors than have to select a discrete number. That could benefit from this. Tax Advantage program is that correct doubts correct and there was a little bit of mischief but some of the governors in the designation of some of those areas and there's been, you know some gamesmanship with this story like you know Chris Christie, the former governor of New Jersey is. Used an opportunity zone fund open up frigging LAUNDROMAT. In Asbury, Park with Bruce, springsteen cats not the kind of stuff that we do. I'm not surprised to hear that I guess the former governor is a is obsessed with. Mr Asbury Park and again just so on. Understand better more clearly, this is the tax advantage here is that by investing the capital gains on your investment, you can avoid paying the. Twenty three percent the capital gains tax and that basically. Sure go ahead, go ahead. Well, basically, the way it works is that if you invest money or capital gains in and opportunities zone and you leave it in for at least ten years, not only is the initial investment completely tax free but then all of the proceeds that you make on that investment are completely tax free. So high net worth individuals. And family offices large corporations the generate large amounts of capital gains love this program, and indeed it opened up about six point two trillion dollars in available capital based on the amount of capital gains that we generate in our economy. So of that amount, David Roughly a hundred billion dollars has been invested thus far into opportunities zones off. The roughly eight months programs operate.

John Gorman Nightingale Partners Gorman Health Group David David Nangle Cory Booker Medicare John IRS Sir Thank JON Louis Tim Scott Asbury, Park New Jersey Mr Asbury Park
Workers With Health Insurance Face Rising Out-of-Pocket Costs

Financial Exchange with Barry Armstrong

03:32 min | 1 year ago

Workers With Health Insurance Face Rising Out-of-Pocket Costs

"Talk a little bit about health insurance costs. I feel like We don't talk about this that often ate like When's the last time we chatted about this topic? Yeah, The data is always so murky and sexy any more, You know, like it's in the world of, you know. Over 19 and China trade deals and contested elections. Health insurance deductibles just doesn't rate high like itjust doesn't sell, you know, Thank you for being it's not something that people love hearing about because it's also mostly bad news. Yeah, sure. Well, I mean, here's the bad news folks. Healthcare premiums have climbed 55% since 2022 since 2010. On average. That's more than double the rise in wages or inflation, So that's huge. I mean, the average Annual cost of a health plan covering a family today is $21,342 now. Yes, the worker on average only pays for about a quarter of those premiums. If you look at the entire market, so you know, a little bit less than six grand. But all of a sudden you just had, you know millions of people that no longer have that employer piece too. Cover them with that. So if you are laid off, suddenly you're still paying that that health insurance premium from the most part, But you're paying all of it. And did you touch on deductibles? I did not touch under dust balls. Want to go there? So so here's the other piece. That those health care insurance premiums have gone up by that 55% that might mentioned at the same time that deductibles the average deductible for an individual plan. His increase from $646 in 2010 to 16 44. So it's not even a case where it's just in apples to apples, 55%. You gotta factor and that you gotta pay way more in terms of deductibles now in out of pocket maximums that used to As well. And so when you look at this, that the question that Every single person should be asking is why Why is this the case? There's there's a few different reasons. There's no one thing that you can point to. You can't just say doctors make too much like you can't just do that. You can't just be. You know, old man yells a cloud. We can't do that. Okay, There's a few different reasons. Some of them are legit. Some of them are like, Hey, we need to fix this, okay? Here's some that I think are legit. Mike, I want you to chime in on these as well. Part of this is that we have a whole bunch of new treatments since 2010 that do happen to be really expensive. Like you talk about some of the hepatitis B treatments that we have now that you know, cost like $500,000. I'm sorry, like $80,000 for a treatment. But, hey, at least we don't have to do transplants for half a million dollars. These are things that are now covered by insurance that we're paying for for more people, But we just didn't have them previously. So like these cost wouldn't have been In the system. So some of it is new drugs for things for treating things in ways that we couldn't previously and I think those were the good reasons to have health care prices going up is if you can treat new things that you couldn't previously I'll pay more for that. I'm okay with that. What? Your stocks on that part? Yeah, I guess I would want to see more data on you know how much have we expanded? You know these these really radical new drug treatments over the last decade compared to the previous decade and what it actually Do with results, right? I mean, it's amazing that you know if we can treat I mean, we can come here to speak now. Obviously, we couldn't write. But is it doing anything on average for no overall health results, I guess is a big question. Two. Is it moving the needle in our overall nations health, I think would be another good measurement to look at. That's

China Mike
"health care insurance" Discussed on WTOP

WTOP

02:05 min | 1 year ago

"health care insurance" Discussed on WTOP

"Trump Debate Prep looks far different than 2016 when he hosted hours long debate sessions featuring a Siri's of campaign advisers leading up to his first debate with Joe Biden on Tuesday, he's dispensed with traditional formal rehearsals and scripted practices. Trump Campaign Senior advisor Jason Miller and councilor Ho picks feed the president. Flash cards and videos in between stops on Air Force one At CBS News campaign reporter Nicole's Kanga. Now if you hear about voter registration databases or voter systems being hacked, be skeptical. The FBI is warning about a new voter scam. A new alert intended for the public warns that foreign and criminal hackers air claiming voter registration databases or voters systems have been hacked when in reality, they haven't The announcement says the FBI and CISA have no information suggesting any cyber attack on U. S election infrastructure has prevented an election from occurring compromised the accuracy of voter registration information prevented a registered voter from casting a ballot or compromised the integrity of any balance cast. Be skeptical. The alert warns of sources where you hear, read or see that and then double check. DJ agree. W T O P NEWS NEW today. President Trump has announced his administration is distributing tens of millions of covert rapid test, which he says will go to states, first responders and other groups. Thes do abot rapid point of care tests are easy to use and return results within just minutes. You'll have Ah result at a maximum 15 minutes machine. No machine is required to process them. The president is urging states to use the test to reopen schools for students in kindergarten through 12th. Grade. Up next on the GOP Democratic lawmakers raise alarms about health care insurance in the fight over the Supreme Court nominee I'm Mitchell Miller today on the hill 6 30 for the University of Florida is building an unstoppable future by expanding access to education and technology. To do this. The University of Florida is recruiting 180 I focus faculty who.

President Trump FBI president Joe Biden University of Florida Senior advisor Jason Miller councilor Ho Mitchell Miller CBS GOP Nicole reporter Supreme Court U. S
"health care insurance" Discussed on WAAM Talk 1600

WAAM Talk 1600

02:20 min | 1 year ago

"health care insurance" Discussed on WAAM Talk 1600

"Safely send their own medical records to providers of their choosing. Yes. Patients over paperwork. I love that. That's that's the name of this. This piece of his plan Patients over paper initiative to reduce red tape for healthcare providers. Right now. I don't have exact amount of time. But your doctor, your personal doctor go to see him. Probably seen seven. Maybe 10 patients throughout today. Everybody's allocated 25 minutes at most. More like 3 to 7 minutes and then they've got a code code code. They've got to write things down. Put him in a machine with some patient advocate doesn't want or what you call it a physician assistant, something like that lowered the cost of prescription that drugs to the largest. Annual press decrease in nearly half a century. Now, one thing that I'm looking for in here, and I'm not seeing it. Repeal of medical device tax annual fee of health insurance providers and the Cadillac tax on certain employer. Sponsored health care insurance, more transparent healthcare prices to consumers concrete steps to eliminate surprise medical bills, Modernization of Medicare program. Investments in scientific research to address most pressing medical challenges. That one I'm not wild about because I'm for the government should be investing in anything. They should very much. Encourage investment on in the private sector crackdown on waste, fraud and abuse. Now I saw nothing in there about taking certain drugs and making them available over the counter. Available over the counter case in point hydroxy Clara Quinn. Over the counter and so many countries. There are countries where you just go in and buy it and you just walk out with it. Oh, that's insane. That's great. No, it's not crazy that crazy at all. But many doctors would say no, no, no, no. You've got to be monitors. You're taking that monitored. If you're taking that drug could have serious ramifications on patients with heart disease. Yeah, What's your point? You should have the choice to make your own decisions around things you want to do. That the new Ah Ah! The medical gods seemed to be in charge of non medical gods, by the way, are lawyers and a bigshot insurance. Insurance company doctors. Yeah. And it should be up to you on many fronts about you being out with a self treat. Yeah,.

Clara Quinn heart disease fraud
"health care insurance" Discussed on 860AM The Answer

860AM The Answer

01:54 min | 1 year ago

"health care insurance" Discussed on 860AM The Answer

"Just health care insurance alone is really a big ones a lot since I've people say our return sixty or sixty two or something like that my first question is do you know how much the near your your insurance will be until sixty five and then they're usually pretty shocked I haven't gotten close to that so they're like oh yeah we need whatever the number is a six thousand you know a month to live on in retirement well if they're both retiring early and that that health insurance is a thousand a month now they need eight thousand not six thousand that's gonna be a massively bigger drain on their retirement and probably make it not so easy to retire early you know and then we'll once hit sixty five you do get Medicare but then the then you get the most sneaky tax there is so I was just doing the talking about taxes like we were just doing our planning for somebody for a Roth conversion will she was mainly just trying to figure out how much taxes she needed for the shared you'll be withheld and such well so we have special software hood that tax people don't use we've suffered includes a thing called the Medicare premium and what happens is if you make too much money the care premiums can double triple or quadruple and so what happened was is she converted that ten thousand a Roth she would be over the Medicare premium limit and Medicare premium would skyrocket so it wasn't really a true quote tax I'm having some plans for long term care long term care insurance is awful but there's some great alternatives out there again and I'll come back down to have that planned so you know if you want to talk about how to create that blueprint to worry less wealth and kind of go over any concerns you have let's hop on the phone for twenty minutes up to thirty minutes and we'll we'll go over whatever you need to cover and then we can see if it makes sense for us to meet again there's.

Medicare
"health care insurance" Discussed on 860AM The Answer

860AM The Answer

01:54 min | 1 year ago

"health care insurance" Discussed on 860AM The Answer

"Health care insurance alone is really a big ones a lot since I've people say our return sixty or sixty two or something like that my first question is do you know how much of the near your your insurance will be until sixty five and then they're usually pretty shocked eleven yeah you could do that so they're like oh yeah we need whatever the number is a six thousand you know a month to live on in retirement well if they're both retiring early and that that health insurance is a thousand a month now they need eight thousand not six thousand that's gonna be a massively bigger drain on their retirement and probably make it not so easy to retire early you know and then we'll once hit sixty five you do get Medicare but then the then you get the most sneaky tax there is so I was just doing the time attacks is like we were just doing our planning for somebody for a Roth conversion will she was mainly just trying to figure out how much taxes she needed for the shared you'll be withheld and such well so we have special software hood it's that tax people don't use we've suffered includes a thing called the Medicare premium and what happens is if you make too much money the care premiums can double triple or quadruple and so what happened was is she converted that ten thousand a Roth she would be over the Medicare premium limit and Medicare premium would skyrocket so it wasn't really a true quote tax having some plans for long term care long term care insurance is awful but there's some great alternatives out there again it all comes back down to have that planned so you know if you want to talk about how to create that blueprint to worry less wealth and kind of go over any concerns you have let's hop on the phone for twenty minutes up to thirty minutes and we'll we'll go over whatever you need to cover and then we can see if it makes sense for us to meet again there's.

Medicare
"health care insurance" Discussed on 860AM The Answer

860AM The Answer

01:54 min | 1 year ago

"health care insurance" Discussed on 860AM The Answer

"Just health care insurance alone is really a big ones a lot since I've people say our return sixty or sixty two or something like that my first question is do you know how much of the near your your insurance will be until sixty five and then they're usually pretty shocked they haven't yet included that so they're like oh yeah we need whatever the number is a six thousand you know a month to live on in retirement well if they're both returned early and that that health insurance is a thousand a month now they need eight thousand not six thousand that's gonna be a massively bigger drain on their retirement and probably make it not so easy to retire early you know and then we'll once hit sixty five you do get Medicare but then the then you get the most sneaky tax there is so I was just doing the time attacks is like we were just doing our planning for somebody for a Roth conversion will she was mainly just trying to figure out how much taxes she needed for the shared you'll be withheld and such well so we have special software hood that tax people don't use we've suffered includes a thing called the Medicare premium and what happens is if you make too much money the care premiums can double triple or quadruple and so what happened was is she converted that ten thousand a Roth she would be over the Medicare premium limit and Medicare premium would skyrocket so it wasn't really a true quote tax having some plans for long term care long term care insurance is awful but there's some great alternatives out there again it all comes back down to have that planned so you know if you want to talk about how to create that blueprint to worry less wealth and kind of go over any concerns you have let's hop on the phone for twenty minutes up to thirty minutes and we'll we'll go over whatever you need to cover and then we can see if it makes sense for us to meet again there's.

Medicare
Lester Morales, CEO at Next Impact

Outcomes Rocket

04:54 min | 1 year ago

Lester Morales, CEO at Next Impact

"Marquez Marquez's here and today I. Have the privilege of Hosting Lester Morales. He is a true consultant in the human capital and employee benefits arena, and currently serves as CEO of next impact. LLC focused on innovation and changing the status quo. Next impact is a full service employee benefits and Human Resources Marketing and consulting company committed to helping other companies grow and add value to their clients before he. He founded next impact. He Co founded in Selah, a benefits administration company focused on helping advisors support their clients with ACA compliance prior to becoming an entrepreneur, lester serve nearly three years as executive vice president and chief growth officer for Willis's human capital practice, one of the largest insurance brokerages in the world in this role Lester lead over two hundred producers consultants in forty plus offices as part of a three, hundred and fifty. Fifty Million Dollar Practice Willis. A single largest practice in North America during a previous eight year stint at Willis Lester, was consistently among the top five consultants nationally between those assignments Lester served as national vice president of sales for Health Stat orlean provider of worksite clinics and disease management services. Leicester's thought later in the benefit space, and I had just the opportunity to connect with them before this and his passion for making healthcare. Healthcare more equitable employers and the employees is palpable He's he's. He's all in and I'm privileged to have them here on the podcast today, Lester, really looking forward to our discussion, they have. We should have nothing to be here -absolutely so lester before we dive into what you guys do at next impact and the quote here on the front of your site. starbucks spends more on healthcare than they do on coffee wow. Right we're going to dive into that and what your you and your team is doing to help. Prevent that or turn it around to something more sustainable. Tell us a little bit about what inspires your work in healthcare. Yeah, yeah, you know most people that end up in the insurance advisory space. While into it's the Mine is I'm doing this on purpose. I have a very stinks. Why unfortunately I have been a product health care insurance employee benefits when I was sixteen years old. My Dad was diagnosed with multiple myeloma for you. Listeners that don't know what that is. That's cute of your bone marrow. So I was sixteen got diagnosed found out San France Limo radiation several years back baffled. That's. Unfortunately ends up being that me. Combat statistics so sixty two's. Depending on which report you live, read out personal bankruptcy puzzle medical reasons while unfortunately we were part of that statistics are my parents had to file bankruptcy? In order to make ends meet the rent in worse yet. It's interesting about that is they've got health insurance? both employer based insurance, but you know we're in an out of pocket mass along as Hand Fifteen, twenty, two thousand a year for family. You know you do that. Do three years in a row. How many families have extra thirty forty fifty thousand dollars sitting? There Bang you. You know when you're trying to send your kid baseball camp. You get on the new pair of Jordan. Then all the thing that wonderful parents which I had you know to water? Parents did Zach I mean down the road of of Yao, interest in and understanding vow health insurance, but it also makes you understand how they're using the system is and and that although you got insurance, although theoretically that insurance is supposed to be there to supporting how it was, it was really more of a hoop jumper, and you know an obstacle alone commerce so. Back, down the field, and then the last part of really what what drives me and my? Why unfortunately I'm a big I'm a big. Momma's boy is most Latin. Men Are. A BIG MOMMA's boy. Unfortunately in two thousand fourteen moms diagnose pancreatic cancer and she passed away August. Eleven thousand seventeen, so man I'll tell you I get up every day fired up to fights for changing because I have seen that you most important. Pete in my life away from cancer the amount of money we spent the amount of confusion. The amount of just uncertainty and Hoots Jeff Junk mail system just makes sense air, and so that's that's what we get. Get up every morning

Willis Lester Lester Morales Marquez Marquez Human Resources Marketing Multiple Myeloma Starbucks North America Vice President Of Sales CEO Executive Vice President ACA Leicester Momma YAO Pete San France Baseball
Obamacare Markets Will Not Reopen, Trump Decides

Morning News with Manda Factor and Gregg Hersholt

03:32 min | 1 year ago

Obamacare Markets Will Not Reopen, Trump Decides

"Time president trump says he will not re open obamacare enrollment for those Americans who have lost their jobs their health insurance because of the outbreak the instead we're going to try and get a cash payment to the people and we're working out the mechanics of that with the legislature so we're going to try to get them a cash payment because just opening it up doesn't help as much A. B. C. news correspondent Karen Travers is with us again this morning from Washington DC because any further explanation as to why health care insurance would be denied to these people you know they really four two days Wednesday and Thursday were kind of dancing around the question about we opening exchanges in fact when the vice president of athletics on Wednesday spoke for several minutes the president complimented him on not even answering it he actually said you know wow that was an amazing night after their by the vice president but the bottom line is they're not going to reopen the obamacare exchanges the involvement period that ended in mid December in most parts of the country and you know how that works it's a couple weeks you have a chance if not that's it until the next year there's been a big push in recent days for them to re open this because now people might be rethinking not having insurance because of concerns about getting corona virus and what that cost of treatment could be like now there are a couple exceptions here so if you have lost your health insurance through your job because you lost your job right now you do have sixty days to enroll in obamacare if you never had health insurance and you lost your job you might qualify for Medicaid if you don't fit into one of those categories you could still get this through your state Washington state is one of the eleven plus defeat that are running their own exchanges and have made those exchanges open to enrollment right now so a couple ways you can still do it even if the old the trump administration says we're not reopen next at the federal level Karen are there any specifics yet on those direct payments to governments promising you know they're still saying that this is going to get out quickly the secretary of the treasury without in the briefing room and said you know we are going to do this as fast as possible they don't want to mail checks that they don't have to they want to do that quickly into checking account direct deposit because they know people need it so this should be coming in the next few days for most Americans and the Americans now the question of course is going to be is that enough and I think even after the president give the inquisitive and dry and the two trillion dollars aid relief package there is already talk about what round four is going to look like and that next batch of cash that Americans and small businesses are going to need very quickly yesterday's briefing was over two hours in length and I noticed that the the president's son in law Jared Kushner was brought out what's his role in all of this you know he had the unique position in the administration of the senior adviser and son in law and that kind of gives you the latitude to jump in on the issue I think when you would like to see not formally a member of the task force as it would pull it out through the White House order but he is now according to our sources playing a bigger role in the coordination and the federal and state effort on that working with states working with hospitals he went to great detail about trying to make phone calls yesterday to get things ready for New York and I'm get desperately needed medical supplies and equipment I think the bottom line at you know like present tense the charge of the task force Dr Bergsma the White House response coordinator on coronavirus your question has a very unique and special edition of the son in law but he can jump and like that all right Keren thanks have a great weekend ABC's Karen Travers with us from Washington

Donald Trump President Trump
"health care insurance" Discussed on MYfm 104.3

MYfm 104.3

01:30 min | 2 years ago

"health care insurance" Discussed on MYfm 104.3

"And health care insurance company or its affiliates administrative services provided by United healthcare services Inc or their affiliates helping coverage provided by UnitedHealthcare of the mid Atlantic getting benefits and battling progress may not be available in all states or for all groups sizes a minimum participation requirements may apply for costs and complete details contact United healthcare why switch the files now you get the internet you want at a price you'll love I just want things to work if I have fast ensign and made things much much easier switch now to the one hundred percent fiber optic network get files internet for thirty nine ninety nine per month plus a fifty dollar visa prepaid card go to get five dot com to learn more Texas could mean another piece in terms apply whites beats one hundred slash one hundred megs availability wireless and wireline speech may be less dot com slash was more info on the card issued by metabank member FDIC offer ends eleven eleven nineteen I don't get the flavors of pumpkin are back in a big way we're talking pumpkin doughnuts pumpkin muffins pumpkin Munchkins don't holes Oldboy pumpkin coffee pumpkin ice coffee pumpkin frozen copy pumpkin latte scanned the exciting new cinnamon sugar pumpkin signature latte which has got sugar and spice and everything nice it's pumpkin flavored everything and junk in America runs on Dunkin and pumpkin K. Cup pod still limited time offer participation can kick you center license come with Mario Lopez Tuesday night eight o'clock Mario Lopez here it's after sixty minutes of nonstop music on my offense so keep it locked right here the Los Angeles one oh four three.

"health care insurance" Discussed on 790 KABC

790 KABC

03:16 min | 2 years ago

"health care insurance" Discussed on 790 KABC

"Welcome back Ben Shapiro shows are Democrats debated policy last night and they started with healthcare so this is always fun because basically I'm old enough to remember when Barack Obama claimed that obamacare is gonna care health care and that didn't happen and now Democrats like you know what your health care if we tax the living be Jesus out of you and also get rid of your private health care insurance and Joe Biden is over like guys. god is it what this is why Joe Biden continues to be a fairly solid candidate in the Democratic Party right now there is Joe Biden really lashing out at at Elizabeth one this is the one moment where he lashed out away more had no answer for this here's here's Joe Biden explaining your plan on healthcare it really blows it's really a terrible plan I think we should have a debate on healthcare I think I know that the senator says she's for Bernie well I'm for Barack I think the Obama Kerr worked my plan for health care costs a lot of money it cost seven hundred twelve forty billion dollars it doesn't cost thirty trillion dollars three point four trillion a year turns out is twice what the entire federal budget is that's before it exists now without interest on the debt how we gonna pay for I want to hear tonight how that's happened so as far as my distinguished friend. center on my left is not has not indicate how she pays for correct correct okay so this is Joe Biden really does get into a solid shot here there's a solid body shot against it was before and I was the one had no answer for it and this is the problem for was before is Elizabeth weren't used to not be fully crazy I list a list with one knows better than the stuff that you're saying right now and so she is uncomfortable with it right Bernie Sanders is not a few director that is Sanders is why he went after worn because he knows the Warren probably does not believe a lot of the things she says bird is a true believer you direct that question of at Bernie just because we don't talk about the yes get back to the gonna go up get over it you go to Elizabeth Warren and Warren tries to slip the punch by claiming the taxes are not going to go up that you're actually gonna save money since your employer is not gonna have to pay for health insurance anymore and then there's a follow up question to Elizabeth Warren and she's asked okay so do you really believe that employers are they going to take the money that they're not spending on health insurance and they're going to hand it back to all of the all of the employees like that's that's not gonna be I think here's a list of aren't overly lying about taxing the middle class we'll middle class taxes go up will private insurance be eliminated but families have to deal with is cost total cost that's what they have to deal with and understand families are paying for their health care today families pay every time an insurance coverages sorry you can't see that special in a debate with Donald Trump that's not gonna go well because she's gonna say that from going to say you still haven't answered why even pay for. it's not an answer right our taxes gonna go up just a yes or no this is very simple our taxes going go up because everyone knows the answer to this in fact this is why people like Bernie because Bernie's at least Bernie right here's Bernie going yep pretty much taxes going to go up deal with it. status quo over ten years will be fifty trillion dollars. every study done shows with Medicare for all is the most cost effective approach to providing healthcare to every man woman and child in this country. all right who wrote the damn bill if I may say so..

Barack Obama Ben Shapiro seven hundred twelve forty bil thirty trillion dollars fifty trillion dollars ten years
"health care insurance" Discussed on 77WABC Radio

77WABC Radio

03:15 min | 2 years ago

"health care insurance" Discussed on 77WABC Radio

"Welcome back is the Ben Shapiro shows are Democrats deleted policy last night and they started with healthcare so this is always fun because basically I'm old enough to remember when Barack Obama claimed that obamacare is gonna care healthcare and that didn't happen and now Democrats like you know what your health care if we tax the living be Jesus out of you and also get rid of your private health care insurance and Joe Biden is over like guys. god is a what this is why Joe Biden continues to be a fairly solid candidate in the Democratic Party right now here is Joe Biden really lashing out at at Elizabeth one this is the one moment where he lashed out away more had no answer for this here's here's Joe Biden explaining your plan on healthcare really blows it's really a terrible plan I think we should have a debate on healthcare I think I know that the senator says she's for Bernie well I'm for Barack I think the Obama Kerr worked my plan for health care costs a lot of money because seven hundred twelve forty billion dollars it doesn't cost thirty trillion dollars three point four trillion a year turns out is twice with the entire federal budget is that's before it exists now without interest on the debt how we gonna pay for I want to hear tonight how that's happened so as far as my distinguished friend. center on my left is not has not indicate how she pays for correct correct okay so this is Joe Biden really does get into a solid shot here is a solid body shot again so was the court does one had no answer for it and this is the problem for was born is Elizabeth weren't used to not be fully crazy I lose a list with one knows better than the stuff that you're saying right now and so she is uncomfortable with it right Bernie Sanders is not a few director that attenders is why he went after warm because he knows the warrant Robert we do not believe a lot of the things she says bird is a true believer you direct that question and and Bernie just because we got everybody yes yeah that's going to go up get over it you go to Elizabeth Warren and Warren tries to slip the punch by claiming the taxes are not going to go up that you're actually gonna save money since your employer is not gonna have to pay for health insurance anymore and then there's a follow up question to Elizabeth Warren and she's asked okay so do you really believe that employers are they going to take the money that they're not spending on health insurance and they're going to hand it back to all of the all of the employees like that's that's not gonna be I think here's a list of weren't overly lying about taxing the middle class will middle class taxes go up will private insurance be eliminated but families have to deal with is cost total cost that's what they have to deal with and understand families are paying for their health care today families pay every time an insurance company says sorry you can't see that special in a debate with Donald Trump that's not gonna go well because she's gonna say that from going to say you still haven't answered white and pay for it. he's done an answer right aren't taxes gonna go up just a yes or no this is very simple our taxes going go up because everyone knows the answer to this in fact this is why people like Bernie because Bernie's at least burning Hey here's Bernie going yep pretty much that's going to go up deal with it. status quo over ten years will be fifty trillion dollars. every study done shows with Medicare for all is the most cost effective approach to providing healthcare to every man woman and child in this country. all right who wrote the damn bill if I may say.

Barack Obama Ben Shapiro seven hundred twelve forty bil thirty trillion dollars fifty trillion dollars ten years
"health care insurance" Discussed on 710 WOR

710 WOR

03:03 min | 2 years ago

"health care insurance" Discussed on 710 WOR

"Rowe price American funds they come under an umbrella put together by an insurance company and there's one particular company which we utilize it's the largest one in the United States as far as variable annuity sales is concerned one that we use I cannot give you the name on the air I'd have to send each of your perspective so you understand the impracticality of that but his what we did let's say hypothetically you had a hundred thousand dollars in a variable annuity and let's say at the same time you're taking mandatory withdrawals from your IRA and out of that a hundred thousand dollar using your IRA or retirement account you're taking out for five thousand dollars a year because you have to the government says you have to let's say you were in decent health and you needed long term health care insurance listen up now many of you want to take out long term health care insurance but you are in a position where you face the obvious it's expensive it's not cheap long term health care my course five thousand dollars a so we year and not many people have that access excess money so if you are taking withdrawals from your retirement account in a very able and nobody the one that we use has a rider that says whatever money you take out from this variable annuity when you pass away the money goes back into the account think about that so if you take out hypothetically five thousand dollars from your variable annuity knowing that when you pass away the money goes back into the account you're paying for that rider I might add that that's another story which I can explain to you but for many people it gives them the opportunity to use them mandatory withdrawal assuming they are in decent health to buy long term care insurance isn't that interesting again it doesn't only have to be with retirement account money as long as you're over fifty nine and a half you're allowed to take a withdrawal from the variable annuity to the extent that you're allowed to take a guaranteed lifetime income you take that money you buy a long term care insurance policy with it you now have protected yourself in your latter years your kids won't have to work and use leaving them the same legacy that you were going to leave them but you now have protected yourself in the event that you have to go into a nursing home we created that concept here as far as I know and we're using it for our clients so if you want to learn more about it I actually have a piece that I could send to you on variable annuities along with our dividend portfolio a growth portfolio are exchange traded fund portfolio a brochure in our firm we are creative thinkers here we created in trade mark the dividend buster program we have a trademark exchange traded fund program.

five thousand dollars hundred thousand dollars hundred thousand dollar
"health care insurance" Discussed on KFI AM 640

KFI AM 640

03:44 min | 2 years ago

"health care insurance" Discussed on KFI AM 640

"You need you're perfectly fine and that's not even dipping into the principle of the one point three million you also got if you dipped into the principle you could actually increase your income beyond the five grand a month that you're currently spending you could probably spend six render seven grand a month enjoy yourselves a little bit well the good point about what you brought up is you know because we don't have long term health care insurance because anything could happen with your health right and we know that that could be big dollars and we also don't know what's going to happen in eighteen months after this cobra health insurance expires for my wife so there are a couple of the area bulls but I was basically calling to see a I'm kind of on on track so yes here's the short answer what we what rich here's the short answer for you and your wife for in fine shape you're in good economic condition excellent economic condition frankly I think you're fine to go slow wait for your wife to begin social security payments let's wait and see what her health insurance expenses are going to be but I think at the end you're going to be perfectly fine I think your strategy is perfectly fine although I would argue myself that you shouldn't be placing one point three million entirely in super safe accounts I don't think you need to be so afraid and paranoid about the financial markets but since you are and since you can't afford to bay I'm not gonna try to encourage you to change what you're doing because what I do have I do have about a hundred and fifty thousand dollars inequities along loss that's only ten percent of your portfolio now the way it ought to be forty percent so I'm not going to try to convince you of that fact because of your fine my point is what I want you to really focus on a much more important financial planning premise you ready for this yup don't die rich my concern is that you aren't spending as much money as you and your wife can truly afford to spend so here's what I want you to do it's real simple you go out to eat in a restaurant I don't need to read the menu right to left do you do that you don't good so I don't want to look at the prices if you want the shrimp cocktail get the shrimp cocktail not regard what it costs you can afford it how old your car I just I just ordered a brand new one what what kind of car I bought a two thousand and nineteen scat pack Dodge challenger did you love the car is it really awesome the car you're engaging in fact I'll tell you a financial thing you gonna appreciate I ordered it from New York to be shipped to Arizona in June yeah it was supposed to be here the middle of July it got delayed at the plant and when I called yesterday to find out what the status was he said it's not going to be it's in the middle of August by the way they started a four thousand dollar rebate on that cost you gonna end up paying for fast good for you now that's for grand that you'll be able to go do something fun with so so I'm glad you're living the lifestyle that you are entitled to live you've worked hard throughout your lives to amass this amount of money your wife is already had one health issue I'm really glad to see the two of you are enjoying yourselves you relocated to the sunny southwest you're having a great time keep it up okay thank you so much for your help you've made me feel very much more each I'm glad that's my job and wish you the very best rich thanks for calling take care and be well you too that's rich.

fifty thousand dollars four thousand dollar eighteen months forty percent ten percent
"health care insurance" Discussed on WTVN

WTVN

03:45 min | 2 years ago

"health care insurance" Discussed on WTVN

"A year you need you're perfectly fine and that's not even dipping into the principle of the one point three million you also got if you dipped into the principle you could actually increase your income beyond the five grand a month that you're currently spending you could probably spend six grand or seven grand a month enjoy yourselves a little bit well the good point about what you brought up is you know because we don't have long term health care insurance because anything could happen with your health right and we know that that could be big dollars and we also don't know what's going to happen in eighteen months after this cobra health insurance expires for my wife so there are a couple of area bulls but I was basically calling to see a kind of on on track so yes the short answer what we what rich here's the short answer for you when your wife for in fine shape you're in good economic condition excellent economic condition frankly I think you're fine to go slow wait for your wife to begin social security payments let's wait and see what her health insurance expenses are going to be but I think at the end you're going to be perfectly fine I think your strategy is perfectly fine although I would argue myself that you shouldn't be placing one point three million entirely in super safe accounts I don't think you need to be so afraid and paranoid about the financial markets but since you are and since you can't afford to pay I'm not gonna try to encourage you to change what you're doing because what I do have I do have about a hundred and fifty thousand dollars in equity along loss that's only ten percent of your portfolio now the way it ought to be forty percent so I'm not going to try to convince you of that fact because of your fine my point is what I want you to really focus on a much more important financial planning premise you ready for this yup don't die rich my concern is that you aren't spending as much money as you and your wife can truly afford to spend so here's what I want you to do it's real simple you go out to eat in a restaurant I don't need to read the menu right to left do you do that you don't good so I don't want to look at the prices if you want the shrimp cocktail get the shrimp cocktail without regard to what it costs you can afford it how old your car I just I just ordered a brand new one what what kind of car I bought a two thousand and nineteen scat pack Dodge challenger did you love the car is it really awesome the car you're engaging in fact I'll tell you a financial thing you're gonna appreciate I ordered it from New York to be shipped Arizona in June yeah it was supposed to be here the middle of July it got delayed at the plant and when I called yesterday to find out what the status was he said it's not going to be at the middle of all of this by the way they started a four thousand dollar rebate on that cost you gonna end up paying for fast you could for you now that's for grand that you'll be able to go do something fun with so so I'm glad you're living the lifestyle that you are entitled to live you've worked hard throughout your lives to amass this amount of money your wife is already had a one health issue I'm really glad to see the two of you are enjoying yourselves you relocated to the sunny southwest you're having a great time keep it up okay thank you so much for your help you made me feel very much more at ease I'm glad that's my job and wish you the very best rich thanks for calling take care and be well you too that's rich from Goodyear Arizona he moved.

fifty thousand dollars four thousand dollar eighteen months forty percent ten percent
"health care insurance" Discussed on WLS-AM 890

WLS-AM 890

03:46 min | 2 years ago

"health care insurance" Discussed on WLS-AM 890

"Thirty nine grand a year you need you're perfectly fine and that's not even dipping into the principle of the one point three million you also got if you dipped into the principle you could actually increase your income beyond the five grand a month that you're currently spending you could probably spend six ran seven grand a month enjoy yourselves a little bit well the good point about what you brought up is you know because we don't have long term health care insurance because anything could happen with your health right then we know that that could be big dollars and we also don't know what's going to happen in eighteen months after this cobra health insurance expires for my wife so there are a couple of area bulls but I was basically calling to see if I'm kind of on on track so yes the short answer what we what rich here's the short answer for you when your wife run fine shape you're in good economic condition excellent economic condition frankly I think you're fine to go slow wait for your wife to begin social security payments let's wait and see what her health insurance expenses are going to be but I think at the end you're going to be perfectly fine I think your strategy is perfectly fine although I would argue myself that you shouldn't be placing one point three million entirely in super safe accounts I don't think you need to be so afraid and paranoid about the financial markets but since you are and since you can't afford to pay I'm not gonna try to encourage you to change what you're doing because well I do have I do have about a hundred and fifty thousand dollars in equity along loss that's only ten percent of your portfolio now the way it ought to be forty percent so I'm not going to try to convince you of that fact because you're fine my point is what I want you to really focus on a much more important financial planning premise you ready for this yup don't die rich my concern is that you aren't spending as much money as you and your wife can truly afford to spend so here's what I want you to do it's real simple you go out to eat in a restaurant I don't need to read the menu right to left do you do that we don't good so I don't want to look at the prices if you want the shrimp cocktail get the shrimp cocktail without regard to what it costs you can afford it how old your car I just I just ordered a brand new one what what kind of car I bought a two thousand and nineteen scat pack Dodge challenger did you love the car is it really awesome the car you're raising in fact I'll tell you a financial thing you gonna appreciate I ordered it from New York to be shipped Arizona in June yeah it was supposed to be here the middle of July it got delayed at the plant and when I called yesterday to find out what the status was he said it's not going to be it's in the middle of all of this by the way they started a four thousand dollar rebate on that cost you gonna end up paying for fast good for you now that's for grand that you'll be able to go do something fun with so so I'm glad you're living the lifestyle that you are entitled to live you've worked hard throughout your lives to amass this amount of money your wife is already had a one health issue I'm really glad to see the two of you are enjoying yourselves you relocated to the sunny southwest you're having a great time keep it up okay thank you so much for your help you made me feel very much more at ease I'm glad that's my job and wish you the very best rich thanks for calling take care and be well you too that's rich from Goodyear Arizona he moved.

fifty thousand dollars four thousand dollar eighteen months forty percent ten percent
"health care insurance" Discussed on 850 WFTL

850 WFTL

03:45 min | 2 years ago

"health care insurance" Discussed on 850 WFTL

"You need you're perfectly fine and that's not even dipping into the principle of the one point three million you also got if you dipped into the principle you could actually increase your income beyond the five grand a month that you're currently spending you could probably spend six grand or seven grand a month enjoy yourselves a little bit well the good point about what you brought up is you know because we don't have long term health care insurance because anything could happen with your health right then we know that that could be big dollars and we also don't know what's going to happen in eighteen months after this cobra health insurance expires for my wife so there are a couple of variables but I was basically calling to see a kind of on on track so yes the short answer what we what rich here's the short answer for you and your wife for in fine shape you're in good economic condition excellent economic condition frankly I think you're fine to go slow wait for your wife to begin social security payments let's wait and see what her health insurance expenses are going to be but I think at the end you're going to be perfectly fine I think your strategy is perfectly fine although I would argue myself that you shouldn't be placing one point three million entirely in super safe accounts I don't think you need to be so afraid and paranoid about the financial markets but since you are and since you can't afford to pay I'm not gonna try to encourage you to change what you're doing because you well I do have I do have about a hundred and fifty thousand dollars in equity loan loss that's only ten percent of your portfolio you know what it ought to be forty percent so I'm not going to try to convince you of that fact because of your fine my point is what I'd want you to really focus on a much more important financial planning premise you ready for this yup don't die rich my concern is that you aren't spending as much money as you and your wife can truly afford to spend so here's what I want you to do it's real simple you go out to eat in a restaurant I don't need to read the menu right to left do you do that you don't good so I don't want to look at the prices if you want the shrimp cocktail get the shrimp cocktail without regard to what a cough you can afford it hold your car I just I just ordered a brand new one what what kind of car I bought a two thousand and nineteen scat pack Dodge challenger did you love the car is it really awesome the car you're engaging in fact I'll tell you a financial thing you're gonna appreciate I ordered it from New York to be shipped to Arizona in June yeah it was supposed to be here the middle of July it got delayed at the plant and when I called yesterday to find out what the status was he said it's not going to be it's in the middle of all of this by the way they started a four thousand dollar rebate on that cost you gonna end up paying for fast good for you well that's four grand that you'll be able to go do something fun with so so I'm glad you're living the lifestyle that you are entitled to live you've worked hard throughout your lives to amass this amount of money your wife is already had a one health issue I'm really glad to see the two of you are enjoying yourselves you relocated to the sunny southwest you're having a great time keep it up okay thank you so much for your help you've made me feel very much more at ease I'm glad that's my job and wish you the very best rich thanks for calling take care and be well you too that's rich from Goodyear Arizona he moved.

fifty thousand dollars four thousand dollar eighteen months forty percent ten percent
"health care insurance" Discussed on News Radio 690 KTSM

News Radio 690 KTSM

03:47 min | 2 years ago

"health care insurance" Discussed on News Radio 690 KTSM

"Thirty nine grand a year you need you're perfectly fine and that's not even dipping into the principle of the one point three million you also got if you dipped into the principle you could actually increase your income beyond the five grand a month that you're currently spending you could probably spend six grand or seven grand a month enjoy yourselves a little bit well the good point about what you brought up is you know because we don't have long term health care insurance because anything could happen with your health right and we know that that could be big dollars and we also don't know what's going to happen in eighteen months after this cobra health insurance expires for my wife so there are a couple of the area bulls but I was basically calling to see a I'm kind of on on track so yes here's the short answer what we what rich here's the short answer for you when your wife for in fine shape you're in good economic condition excellent economic condition frankly I think you're fine to go slow wait for your wife to begin social security payments let's wait and see what her health insurance expenses are going to be but I think at the end you're going to be perfectly fine I think your strategy is perfectly fine although I would argue myself that you shouldn't be placing one point three million entirely in super safe accounts I don't think you need to be so afraid and paranoid about the financial markets but since you are and since you can't afford to be I'm not gonna try to encourage you to change what you're doing because what I do have I do have about a hundred and fifty thousand dollars inequities along loss that's only ten percent of your portfolio now the way it ought to be forty percent so I'm not going to try to convince you of that fact because of your fine my point is what I want you to really focus on a much more important financial planning premise you ready for this yup don't die rich my concern is that you aren't spending as much money as you and your wife can truly afford to spend so here's what I want you to do it's real simple you go out to eat in a restaurant I don't need to read the menu right to left do you do that we don't good so I don't want to look at the prices if you want the shrimp cocktail get the shrimp cocktail without regard to what it costs you can afford it how old your car I just I just ordered a brand new one what what kind of car I bought a two thousand and nineteen scat pack Dodge challenger did you love the car is it really awesome the car urinating in fact I'll tell you a financial thing you're gonna appreciate I ordered it from New York to be shipped to Arizona in June yeah it was supposed to be here in the middle of July it got delayed at the plant and when I called yesterday to find out what the status was he said it's not going to be it's in the middle of all of this by the way they started a four thousand dollar rebate on that cost you gonna end up paying for fast you could for you well that's four grand that you'll be able to go do something fun with so so I'm glad you're living the lifestyle that you are entitled to live you've worked hard throughout your lives to amass this amount of money your wife is already had one health issue I'm really glad to see the two of you are enjoying yourselves you relocated to the sunny southwest you're having a great time keep it up okay thank you so much for your help you made me feel very much more at ease I'm glad that's my job and wish you the very best rich thanks for calling take care and be well you too that's rich from Goodyear Arizona he moved.

fifty thousand dollars four thousand dollar eighteen months forty percent ten percent
"health care insurance" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

03:04 min | 2 years ago

"health care insurance" Discussed on WBZ NewsRadio 1030

"Our remaining stock of American made upholstery and solid wood furnishings. Most items are at or below our cost time is running out, west wood furniture in Dedham on route one at route ninety five and the clouds will be breaking up this afternoon should be fairly nice day today, getting up to a high of sixty seven. There is a chance for a pretty strong thunderstorm later tonight, that's going to bring with it. Some cooler air, the temperature though, for is going to be sixty nine we're looking at a pretty good day, sunshine and clouds right now. We're at fifty eight gnarly ten. Sixty one in Braintree is fifty six overcast skies in Boston at ten thirty five. I'm Jim McKay WBZ, Boston's NewsRadio traffic and weather together. Stamen. WBZ Boston's news. I'm RIC Edelman. We invite you to take your smartphone and record your audio and send me your question. That's exactly what David did. Here's a question. Hi, Rick, my name is David from Cary, North Carolina, and my question pertains to long term health care insurance. We are sixty three and sixty seven respectively are net worth, including our house of five hundred K is approximately three million. I took my social security at full retirement age, and we are waiting for my wife to reach full benefits age before we take her social security. I also have a pension and some rental property income. Our income is approximately one hundred twenty thousand per year. I've heard that if you don't lock in a premium prior to age sixty the premium does not warrant a potential benefits. We are currently. Both in good health. Given our age network. Do you recommend long term healthcare insurance? Or did we miss the boat because of our ages? Thanks, Rick, we await your answer, David. I'm going to give you two answers. Didn't necessarily miss the boat because of your age, clearly the older, you are when you apply for long term care insurance, the more expensive, it's going to be also the more difficult. It is to get it because you probably have health issues at sixty seven that you didn't have fifty seven. So the policy might be harder to get a much more expensive, but you didn't mention whether you have children are not, because that's the real key here. In other words, you have plenty of money with three million dollars of net worth, and one hundred twenty thousand other income even before full social security benefits. You have plenty of assets, plenty of income to afford whatever care, you and your wife might incur. So no, you really don't need to buy long term care insurance. You have sufficient assets to self insure, but recognize that if the cost of care is one hundred thousand dollars a year, you're going to write those checks for who knows how many years dwindling, the value of your assets. Meaning if you do have children, and you wanna maximize their inheritance you would wanna buy.

David Jim McKay WBZ Boston Rick RIC Edelman Dedham Braintree North Carolina Cary one hundred thousand dollars three million dollars five hundred K
"health care insurance" Discussed on KCRW

KCRW

02:03 min | 3 years ago

"health care insurance" Discussed on KCRW

"For a person's health care insurance. Or the fact that insurers pay a discounted rate. What do you say that that hospitals have made every argument under the sun to not release these prices? They've said, well, nobody pays that. It depends on your insurance. You know, but it's all kind of smoke and mirrors to me. You know? Yes. Maybe it's not directly relevant, but show us your prices show us what you're touching. When I go to a hotel. I may be only paying a hundred dollars a night, but I can see on every website that the normal price for that room. The list price is five hundred dollars or whatever. So these are list prices, they're not directly relevant, but we deserve to know them and hospitals should not be trying to hide them. Dr Elizabeth Rosenthal is the author of an American sickness. How healthcare became a big business and how you can take it back. Thank you so much. Thanks for having me. This is NPR news. Monday at one o'clock since Donald Trump became president two years ago. Six people have reported how politics affects their lives. The one word that I'm feeling about politics would be hopefully, our government is a dumpster fire. I don't drink. I'm going to be interested at all anymore. Any politics. I'm Madeline brand listened to America change one person at a time that's Monday at one on KCRW. KCRW sponsors include I eat grass, featuring their MAC and cheese cheese with a why the plant based MAC and cheese created by chef ending available at whole foods on the hot bar. More info at e grasp dot com. Partly cloudy today. Highs in the mid sixties lower seventies evening, lows in the forties and fifties current lease downtown, Los Angeles. It's fifty four degrees. Fifty one in Palm Springs this KCRW. Joyal Snyder with these.

Dr Elizabeth Rosenthal KCRW Joyal Snyder Donald Trump MAC NPR Los Angeles Palm Springs Madeline president America five hundred dollars fifty four degrees hundred dollars two years