Personal Finance Advice and Commentary

Tuesday, March 27, 2012 4:55 pm
By Jennie L. Phipps · Bankrate.com

No health insurance is a problem that can wreck your retirement planning and put real retirement out of reach.

If you’ve lost your health insurance and you aren’t old enough for Medicare but you can’t buy a private pay replacement plan because you have a health problem, take a look at the federal government’s Pre-Existing Condition Insurance Plan website.

The Pre-Existing Condition Insurance Plan is a stopgap until 2014 when the Affordable Care Act really kicks in, and insurance companies will no longer be able to discriminate against potential customers with pre-existing conditions. It is administered by either your state or the federal government, if your state decided not to step up.

Wednesday, February 01, 2012 12:30 pm
By Jennie L. Phipps · Bankrate.com

If Medicare is a vital part of your retirement planning, pay attention to what is happening with the fight over health care reform. In November, the U.S. Supreme Court agreed to consider the constitutionality of the Patient Protection and Affordable Care Act, better known as health care reform or ObamaCare. The court will decide three

Sunday, December 04, 2011 6:00 am
By Jennie L. Phipps · Bankrate.com

Rising Medicare costs are daunting and could adversely affect even the most carefully considered retirement planning, but reforms that aren’t well considered could be equally costly. A new report by the Urban Institute, a nonprofit public-policy think tank, calculates that the healthcare reform — the Affordable Care Act — will reduce the projected growth of