From the category archives:

Insurance

Losing your group health insurance

by Jerrold Bartholomew September 4, 2008

Many seniors receive group health insurance coverage from their spouse’s retirement plan. What many seniors don’t realize is that losing one’s spouse can also mean losing that group health insurance coverage. For seniors on a fixed income, the additional health insurance premium can be an unpleasant surprise. This article from AARP explains that there are [...]

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Blue Cross Reform Pending: Will Health Insurance Be Any More Affordable?

by Jerrold Bartholomew May 4, 2008

Several reforms to Michigan’s Blue Cross Health Insurance are currently pending in the Michigan Legislature. Proponents hope that these reforms will help reduce the costs of health care in Michigan, while advocates for the health insurance industry voice concerns about declining revenues and increased costs. The issues are complicated, but it seems fair to say [...]

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Elderly Often Financial Victims

by Jerrold Bartholomew March 22, 2008

In my practice I have all too often I found evidence that my elderly clients have been victims of financial abuse in one way or another. This story shows just how common the phenomenon is:
Motivated by the high interest rates and the fear that Jeannetta, at least, might outlive their savings, the Mounceys drained [...]

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Is Long Term Care Insurance a Good Idea?

by Jerrold Bartholomew March 4, 2008

This article provides some preliminary answers to an important question for today’s retirees and elderly: Is long term care insurance a good idea?
In general, I advise clients to get long term care insurance. The effects of being unprepared for this financial tsunami are too overwhelming to do otherwise. But be careful and be informed.
Among your [...]

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