Rapid flurry of new drug pricing leaves no room for public debate

From Dr. Kevin A. Schulman; The Hill ~ Oct 26, 2017

We are fortunate to live in an era of tremendous medical advances. In the last few weeks alone, the Food and Drug Administration (FDA) has approved breakthrough products for pediatric cancer, a rare form of blindness, and now adult non-Hodgkin’s lymphoma.




How Individuals Can Save On 2017 Taxes Before The End Of The Year

From Robert A. Green; Forbes ~ Oct 25, 2017

October through December is an excellent time to consider year-end tax planning moves to save taxes for 2017. Once tax season gets underway in Q1 2018, it’s too late for these smart ideas.

As tax reform advances through Congress, it’s safe to assume your tax rates may be lower in 2018 and some of your expenses will likely be repealed to pay for tax rate cuts. It’s probably wise to use the time-honored strategy of deferring income and accelerating payments to deduct them while you can.




Robotic-assisted surgery: more expensive, but not always more effective

By Will Boggs MD; Reuters ~ Oct 24, 2017

(Reuters Health) – Robotic-assisted surgery is much more expensive than other minimally invasive surgeries, but it does not improve outcomes of surgery for kidney tumors and rectal cancers.

”The rapid increase in costly robot surgery in lieu of laparoscopic surgery without a definite advantage for the patient is a problem that can be applied not only to the urological field but also to the entire surgical field,” Dr. In Gab Jeong from University of Ulsan College of Medicine, Seoul, Korea told Reuters Health by email.




How Older Adults Can Improve Sleep Without Drugs

From Robin Seaton Jefferson; Forbes ~ Oct 23, 2017

Non-medication-based sleep habits are the first choice for improving sleep in older people.

The statement comes from Dr. Preeti Malani, MD, director of the National Poll on Healthy Aging Team, chief health officer and professor of medicine in the Division of Infectious Diseases at the University of Michigan.




GAO report says American retirement system not providing adequate security

By Hazel Bradford; Pensions & Investments ~ Oct 18, 2017

The three pillars of the American retirement system — Social Security, workplace retirement plans and individual savings — will not provide adequate retirement security for a growing number of people, according to a report issued Wednesday by the U.S. Government Accountability Office.

Part of the risk, the report said, comes from federal programs like Social Security, which is projected to be unable to pay full benefits by 2035, and “substantial liabilities” of the Pension Benefit Guaranty Corp.’ multiemployer program.




23 Tips to Prevent Identity Theft and Other Cyber-Scams after the Big Equifax Breach

By Lauren Cahn; Reader’s Digest ~ Undated

Equifax Breach 101

Just when you were getting all excited because your credit score went up, THIS happened: 143 million Americans were impacted by a significant data breach at Equifax, which is one of the nation’s three major credit reporting agencies, says Seena Gressin, an attorney with the Division of Consumer & Business Education with the United States Federal Trade Commission (the FTC).




Beware of Medicare plan agents who don’t tell you all your options

By Sarah O’Brien; CNBC ~ Oct 16, 2017

It happens during Medicare open enrollment every year: Older Americans’ mailboxes and TV screens fill up with pitches for enrolling in Medicare-related insurance.

If you call the number on the ad, you’ll likely end up talking to a licensed insurance agent. The bad news is that if the person works exclusively for one insurer, you could be stuck for a whole year with a policy that’s inappropriate for you.




The Biggest Thing Your Investment Portfolio Is Probably Missing

From Scott Spann, FF ; Forbes ~ Oct 15, 2017

Are you confident that your investments are well positioned to help you reach your financial life goals? This can be a difficult question to answer if you do not have a written action plan already in place to help provide guidance for your investment decisions. While the overall mood of investors has improved dramatically since the Great Recession, many investors still lack confidence that their asset allocation is appropriate for their age and risk tolerance.




As Social Security gets boost, Medicare Part B costs to rise. Here’s what to know.

From Judith Graham, KHN; Chicago Tribune ~ Oct 11, 2017

Millions of seniors will soon be notified that Medicare premiums for physicians’ services are rising and likely to consume most of the cost-of-living adjustment they’ll receive next year from Social Security.

Higher 2018 premiums for Medicare Part B will hit older adults who’ve been shielded from significant cost increases for several years, including large numbers of low-income individuals who struggle to make ends meet.




Three Must Ask Questions Before Moving In Retirement

From Joseph Coughlin; Forbes ~ Oct 11, 2017

We often make choices in a vacuum. What are seemingly distinct decisions often have a ripple effect of changes that go well beyond the sphere of what we thought was a single choice at a single moment. These types of choices are ripple decisions. The college we choose, for example, may set us on a trajectory of a particular career.










Reminder to Members
Please notify us at: e-mail if you change your contact information, particularly your e-mail address so you continue to receive information from us.