Personal Finance Advice and Commentary

Tuesday, February 12, 2013 10:00 am
By Jay MacDonald · Bankrate.com

Combining health care reform and technology shows results in the fight against Medicare and Medicaid fraud.

Friday, August 31, 2012 10:00 am
By Jay MacDonald · Bankrate.com

The recent Supreme Court ruling on health reform gives the “working poor” another gap to worry about — the Medicaid gap.

Thursday, December 08, 2011 6:19 pm
By Jennie L. Phipps · Bankrate.com

For many, retirement brings serious financial challenges. If that’s true for you, here’s some information to factor into your retirement planning. More than 80 percent of people 60 and older with incomes that are less than 250 percent of the federal poverty level are eligible for –  but not enrolled — in one or more

Friday, September 16, 2011 9:00 am
By Jay MacDonald · Bankrate.com

Many of the same forces behind the constitutional challenge to President Obama’s historic health care reform are simultaneously waging an unconstitutional war on women’s health. Laura Bassett, writing in Huffington Post, says that 18 states have passed one or more measures to limit the services that Planned Parenthood can offer in what she calls an

Tuesday, August 02, 2011 3:46 pm
By Jennie L. Phipps · Bankrate.com

The U.S. Senate signed the federal debt deal this afternoon. Here are six ways it could affect your retirement planning: Increased interest rates. Even though Congress finally managed to reach an agreement, the crisis didn’t reassure the agencies that rate U.S. credit worthiness. In particular, Standard & Poor’s has threatened to downgrade the Triple-A credit

Monday, August 01, 2011 3:00 pm
By Jennie L. Phipps · Bankrate.com

Did you ever see one of those T-shirts that reads, “Be kind to your children. They’ll be choosing your nursing home?” This maxim, unfortunately, makes retirement planning sense. Iowa State University Professor of Economics Dan Otto turned his students loose on the question of balancing the budget and managing the debt ceiling. He says they

Friday, June 03, 2011 9:00 am
By Jay MacDonald · Bankrate.com

It seems federal investigators are so fed up with corporate Medicare and Medicaid fraud that they now plan to prosecute the well-heeled executives of the offending companies. I love the sheer righteousness of this move, but I’m afraid it’s going to wind up another costly snipe hunt. With Medicare’s solvency ticking down like an expiring

Tuesday, May 10, 2011 3:22 pm
By Jennie L. Phipps · Bankrate.com

My Aunt Sissie was a tough old bird. She got married at 14, had a couple of kids, then divorced and took a job as a matron at the women’s federal penitentiary in Alderson, W.Va., where for years she kept the inmates in line. Even living in retirement, she wasn’t the kind of woman to

Wednesday, April 06, 2011 4:02 pm
By Jennie L. Phipps · Bankrate.com

The retirement pundits are all taking aim at the proposal by U.S. House Budget Committee Chair Paul Ryan to dismantle Medicare and Medicaid in favor of a voucher system that could be used on the open market. I don’t want to be left out, so here’s my 2 cents: Boomers — those are the people