Filed under: Insurance, Health
Television ads promote health discount plans in a duplicitous way to make them sound like insurance, but in reality, they’re no more than a discount off the bill if you go to a member provider. You could still be stuck with thousands of dollars in health costs.
Unfortunately, Mary Lloyd found out the hard way when she and her husband signed up for a plan from Cinergy Health after seeing an ad that she could get health coverage for as little as $5 a day. She checked it out because her husband was set to retire, and health insurance was going to cost them $1,200 a month to continue his coverage. She got a quote for one plan that sounded good at $588, but was switched to a cheaper plan during the sales process when she did not get acceptance from the higher-priced plan. The key problem: The higher priced plan was true insurance, while the lower priced plan turned out to be a discount card. (Continue the story…)
My mother-in-law is divorced, newly retired and wants to enjoy her Golden Years. Because she just turned 62 and owns her house, she considered a reverse mortgage to turn her home equity into a steady income stream every month.
Listening is a great skill, one that will get you far in life and far in relationships. It will also help you become better at your personal finances. There are many personal finance and consumer podcasts out there, including 
Are you in your 40s and trying to decide how to reinvent your life, as well as rebuild your 401(K) in time for retirement after its been devastated by the recession? You’re not alone. 
This week Intuit released 
Think your kid’s college bill is pricey? Think again. For the second year in a row, Sarah Lawrence College has the dubious distinction of being the nation’s most expensive place to attend college — a whopping $54,410 for the current 2009-10 school year, including tuition, plus room and board, according to data compiled by 
Think your kid’s college bill is pricey? Think again. For the second year in a row, Sarah Lawrence College has the dubious distinction of being the nation’s most expensive place to attend college — a whopping $54,410 for the current 2009-10 school year, including tuition, plus room and board, according to data compiled by 
This week is National Retirement Week, which is a good thing since it is a topic weighing heavily on our minds. According to a recent survey by MoneyRates and GetRichSlowly, 52% of respondents 
How often have you gotten a robocall or other annoying call from a debt collection agency for a debt you never incurred?