CMS: Bundled Payments Are Driving More Care to Home Health

By Amy Baxter; Home Health Care News ~ Sep 19, 2016

As the health care industry braces for more bundled payments, there is good news for home health agencies. As part of initiatives to reduce costs across episodes of care, home health agencies are increasingly being relied on within bundled payment models, a recently released evaluation revealed.



U.S. inflation stirring as healthcare, housing costs surge

By Lucia Mutikani; Reuters ~ Sep 17, 2016

WASHINGTON – U.S. consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32-1/2 years, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest rates this year.



The New Pre-Existing Condition: Insurers Denying Coverage to Most Vulnerable Americans

By Dana Kuhn; The Huffington Post ~ Sep 16, 2016

The rising costs of health care are affecting financial bottom lines for families all across the country – especially those confronting expensive, chronic health conditions. To make matters worse, a misguided federal policy is now preventing charities – one of the only lifelines these families have left – from helping to access the care they need.



Why drug prices in America are so high

The Economist – Sept 13, 2016

“DRUGS have been marketed at such extraordinarily high prices that many people will simply not be able to afford them,” wrote a top cancer doctor in a scathing editorial in the Washington Post. That was in 2004. More than a decade later, the cost of drugs in America is still soaring—the most recent uproar was sparked by the price of Mylan’s EpiPen allergy medicine, which has jumped by about 600% since 2007.



3 ways the Department of Labor is helping retirees

By Mike Sorrentino; MarketWatch ~ Sep 13, 2016

Visit a clinic, and you assume that a doctor will prescribe medicine to make you healthier, not sicker. Talk to a CPA, and you expect to lower your tax bills instead of increase them. Hire a lawyer to write your will, and you take it for granted that your wishes will be carried out rather than ignored.

The piece of mind that comes from working with licensed professionals is predicated upon legal and ethical standards that require them to act in your best interest. However, when it comes to advice on retirement investments, no such standard existed until recently.



How to Lower the Tax Hit on IRA Distributions

By Jonathan Guyton; The Wall Street Journal ~ Sep 13, 2016

Jonathan Guyton is principal at Cornerstone Wealth Advisors Inc., a fee-only advisory firm in Minneapolis.

Over 30 years ago, Congress offered the following “deal” to most American workers: Any wages you save for retirement won’t be taxable until you withdraw them later. My, did we take them up on it, via IRAs and 401(k) plans, to the tune of over $10 trillion, extrapolating to today.



Robert E. Allen, 81, Dies; Led an AT&T in Transition

By Diane Cardwell; The New York Times ~ Sep 13, 2016

Robert E. Allen, who as chief executive and chairman of AT&T for almost a decade presided over major reorganizations of the company as the telecommunications industry remade itself in the late 1980s and ’90s, died on Saturday in Chatham, N.J. He was 81.



Are You About to Get Hit Hard by Soaring Medicare Premiums?

Todd Campbell; The Motley Fool ~ Sep 04, 2016

Medicare is a critical healthcare safety-net for seniors and the premiums for Medicare Part B and Part D could jump significantly in 2017. Will Medicare recipients suffer premium-itis next year? Read on to learn more about how premiums for Part B and Part D could impact you in 2017.



IMPORTANT ANNOUNCEMENT!

ATTENTION ALL “GRANDFATHERED AT&T EMPLOYEES:

In the coming days you will be receiving mail from AT&T regarding open enrollment for 2017. There are changes impacting you. PLEASE READ YOUR MAIL!!

Monte Baggs,
V.P. TelCo Retirees Association, Inc.

Any questions you may have, please call us toll free at 1 877- 348-3526.

Thank you,
TelCo Retiree Membership Committee.

P.O. Box 669 Spring Valley, CA 91976-0669 * Phone 1 877-348-3526



This Is Americans’ greatest financial fear

By Maurie Backman, TMF; USA TODAY ~ Aug 29, 2016

We all worry about money — spending too much, not having enough. But for most of us, it’s not just a fleeting concern. According to a 2016 study by Northwestern Mutual, 85% of U.S. adults suffer from financial anxiety, with 28% actively worrying about their finances at least once a day





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Healthcare reform act passed by congress. It explains just about everything one would want to know about the new law and outlines when certain provisions become effective.