Medicaid
A record number of Americans %u2014 49.1 million %u2014 are poor, based on a new census measure that for the first time takes into account rising medical costs and other expenses. The numbers released Monday are part of a first-ever supplemental poverty measure aimed at providing a fuller picture of poverty.
For the first time, there's a state-by-state scorecard of America's performance in providing long-term services and support to senior citizens and people with disabilities, and the results aren't much to brag about. But they do point the way toward improving the long-term care system -- and saving the nation billions.
Among the many ideas legislators in Washington have proposed for reducing federal spending is raising the age at which Americans qualify for Medicare benefits from 65 to 67. On the surface, that makes sense. But scratch the surface and the numbers show it to be an $11 billion blunder.
Debt-Ceiling Fallout: States to Take Another Hit
1:30PM 8/04/2011
The debt-ceiling discussions may be over, but the fallout for states is just starting. Many states, still struggling to recover to pre-recession levels, have depended on federal money to make up their shortfalls. As the flow of money slows, which states will take the biggest hits?
Social Security: Why Seniors Are Mad as Hell
5:00PM 7/13/2011
Described as a "fear tactic" by critics, the White House warned Tuesday that if Congress fails to raise the debt ceiling soon, come August, millions of Social Security recipients may find themselves without a check. The comments were met with a firestorm of criticism by seniors and their advocates.
Don't Let Nana Drive You Into Bankruptcy
9:00AM 7/12/2011
By Selena Maranjian, The Motley Fool
Retirement, Health Care, Insurance, MetLife, Family Money, Personal Finance, Saving Money
For children, excursions with grandmother are an adventure. As time passes, however, the ride into the golden years can get bumpy; if you're financially unprepared, it can take a dramatic turn for the worse, and even drive you and your family into bankruptcy. Here are some steps you can take to prevent that.
How to Not End Up Uninsured When You Find Yourself Unemployed
8:00AM 7/11/2011
If you think there have to be better ways for an uninsured person to get health care than robbing a bank, you're right. Yes, most people get their health insurance from their employers, but if you're one of the nation's nearly 14 million unemployed, you still have options. Here's what you need to know.
If you've ever watched a movie or TV show featuring a bank heist, you know the basic elements: There's the criminal planning for a big score that will set him up for life. There's the perfect plan, usually involving a tunnel into the vault and a hostage situation, or the quieter option of a demand...
Getting even a tentative handle on the multi-trillion dollar federal budget is no easy matter. Still, as the debate surrounding U.S. spending, taxes and the looming debt ceiling continues, it's worth asking: Exactly how does America spend all that cash, and what do the choices being debated really mean?
Is Social Security Safe with the Tea Party in Power?
7:00AM 4/12/2011
The Tea Party-led Republican Party has already won the battle to cut this year's federal budget, and it has announced a plan to dismantle Medicare. Is a proposal to cut Social Security payments next?
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