Business briefs (The Herald-Mail) Seminar on government contracting; Smart Medicare

Business briefs (The Herald-Mail)
Seminar on government contracting; Smart Medicare Solutions Company opens; Bowers sponsors workplace wellness seminar; IT services provider changes name; Bank of Charles Town dedicates financial center; Back from a biotech trade show

Sign Up for This Freebie (Kiplinger Magazine via Yahoo! Finance)
Kimberly Lankford answers your money questions.

Aging Well: Workshop aims to help residents navigate Social Security, Medicare (The Steamboat Pilot & Today)
Most adults nearing retirement probably aren t looking forward to making decisions about Social Security and Medicare.

Loss of health coverage no shock to GM retiree (The Grand Rapids Press)
GRANDVILLE -- When Jim Stelma woke up Tuesday, he already sensed he might be losing ground. Stelma, a 65-year-old accountant supervisor who retired from General Motors Corp. in 2005, knew his career-long employer was in deep pain.

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Deborah Miller: Long-term care may require insurance (The Huntington Herald-Dispatch)
Without a crystal ball, it's hard to predict whether a person will need nursing home care. Because of the high costs involved, many people look for a way to handle such possible expenses as they set up their other estate plans.

Loss of health coverage no shock to GM retiree (The Grand Rapids Press)
GRANDVILLE -- When Jim Stelma woke up Tuesday, he already sensed he might be losing ground. Stelma, a 65-year-old accountant supervisor who retired from General Motors Corp. in 2005, knew his career-long employer was in deep pain.

Health Notes (Baltimore Sun)
The Glenwood branch library, 2350 Route 97, Cooksville, will offer free, walk-in blood pressure screening and monitoring by Howard County Hospital staff. Screening sessions are scheduled from 3:30 p.m. to 5:30 p.m. July 7 and 21. Information: 410-313-5577.

Posted on July 16, 2008 in Medigap Insurance | Permalink

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Rising Medicare premiums will hit retirees hard (Austin American-Statesman)
Medicare premiums might soon start crushing retiree spending power. I estimate that many a long-lived couple might need to reduce their retirement spending on nonmedical consumption by 13 percent to 26 percent to avoid sharp declines in purchasing power as they get older.

Health Costs After 65: Ouch, Even With Medicare (US News & World Report)
A new study says you might need to pay out several hundred thousand dollars.

Posted on June 18, 2008 in Medigap Insurance | Permalink

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