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For many, this could be a big surprise to hear that the coronavirus was circulating in the fall of 2019.
But I believe so!
Because I had it.
How To Be Rich? Stay Healthy
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“How to be rich” is the central theme of this blog. Check out previous articles about this theme of how to be rich. You can be rich in four different ways, each one independent of another.
- Monetarily Rich – Determined by your monetary assets
- Spiritually Rich – Very difficult to attend and once reached, monetary richness may seem insignificant.
- Emotionally Rich – When your soul feels the rich by the way you conduct yourself. We do feel it all the time but need to sustain the feeling with self-training. Here’s one of my previous take on emotional richness.
- Socially Rich – When you have significant social influence in society.
Staying healthy is one important aspect which encompasses all four aspects of being rich.
Why do We Need Health Insurance
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As I stated earlier, Insurance is defense, whereas investing is offense, in the game of life. Fundamentally, we buy health insurance in the same way as we purchase a car or home insurance. We buy health insurance mainly because it is meant to secure ourselves from financial woes in case we get sick or experience some unexpected accidents in the future.
However, this is a very narrow perspective of getting health insurance; if you would think deeper, by getting this type of insurance, you’re able to properly handle the persistent physical condition and you stay vigorous which only means to say that you’re able to prevent this certain condition from getting worse.
Changes in Medicare for 2019 You Should Know
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Medicare has finalized changes that will take effect in 2019. These Medicare 2019 changes are improvements meant to offer better services to beneficiaries, while they also reduce administrative burdens on various Medicare plans.
The changes are mostly on Medicare Advantage Plans (Part C) and Medicare Prescription Drug plans (Medicare Part D). It’s estimated that the changes can lead to savings of up to $295 million every year for the program.
Can You Save Money By Quit Smoking?
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Can you save money by quit smoking? We often hear people arguing how cigarettes influence our financial situation in a negative manner. The habit itself has no real benefit to those who practice it, yet people spend thousands of dollars on tobacco product every year.
Cigarette addiction is one of the most difficult to break, and it seems as though monetary aspect is not doing its part in motivating smokers to quit.
Here’s What You Need to Know for Health Insurance Plans
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Medical emergencies arrive unannounced. With the rising healthcare costs, the hospitalization and treatment expenses can leave a big dent in your savings kitty. Health insurance is your financial cushion against all medical expenses. You simply can’t live without health insurance in this country.
However, buying the right medical insurance plans could be tricky, especially when there’s absence of a full-fledged healthcare marketplace due to the gradual meltdown of Obamacare. But, if you’re insured through your employer or can afford to enter the private health insurance marketplace then there are a number of plans in the market that could leave you baffled with their variants and features.
4 Common Excuses For Not Enrolling In FSA
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I will take it for granted that the savvy readers of this blog are motivated money-savers. The folks here are the types who want to take charge of their financial life one cent at a time with a clear goal in mind. So perhaps my message today is just preaching to the choir; Nevertheless, it never ceases to amaze me what excuses people will give for leaving hard-earned money on the table.
Let’s take that health Flexible Spending Account, for example. You know, the one that is offered by your employer, which allows you to put away some of your pre-tax earnings to spend on eligible health-related products and services?
The Hidden Cost of Common Medical Conditions
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Nearly 2 million Americans will file for bankruptcy this year after coming into financial hardship due to the diagnosis of a medical condition. The medical expense is currently the number one cause of personal bankruptcy in America – surpassing bankruptcy as a result of credit card debt or mortgage payments.
These figures are somewhat unsurprising when you consider that two out of every 1,000 people will rack up $100,000 or more in medical bills each year. Treatment for some of the most common medical conditions such as coronary heart disease can cost insurers billions of dollars every year.
Using Medicaid for Your Long Term Care Needs
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There comes a point in anyone’s life when they start to realize they’re not as young as they used to be, and as they get older they become increasingly aware of their own mortality. None of us have very long on this Earth, and we may be closer to the grave than we would care to admit.
Using Medicaid for Your Long Term Care Needs
People are more likely to need long-term care services when they’re in their 70’s or 80’s, and some may need it when they are even younger. Maybe you’re in your fifties, and you might be thinking about where you’re going to be in the next twenty years. Will you still be in the same state of good health that you might be in right now, or will you still be alive? But you’re not rich, and you don’t know if you’ll be able to afford a long-term care policy.
How to Save Money on Expensive Prescription Drugs
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The cost of healthcare is a rising worry for Americans. Seems like the everyday cost of medication is going upwards. For people with lower earning it’s becoming more and more out of reach to provide for better care for patients. The health insurance premium is rising and out-of-pocket expenses are also rising. The big question is, how can we reduce the cost of prescription medication?
Even with more affordable health care provisions individuals can still end up having relatively high out-of-pocket expenses, a good deal of which are due to prescription costs. The US is a popular market for new and expensive drugs due to its size and the relative ease of getting drugs into the marketplace once they have been FDA approved.
