The National Institutes of Health (NIH) recently announced that Americans spent $33.9 billion on complementary and alternative medicines in 2007. These results come from a study which surveyed more than 70,000 across America and inquired into 36 forms of alternative medicine. These findings suggest that Americans spend more than 10% of their out-of-pocket health...
Read more »
Many workers aged 65 and older are delaying retirement due to the economic state of our country, approximately 430,000 to be exact. This is a 45% increase from last year according to the Bureau of Labor statistics. Severe market losses are among one of the main reasons why seniors are continuing to work well...
Read more »
Recent studies have found that men are almost twice more likely to develop skin cancer than women. Skin cancer is actually more prominent than prostate, lung and colon cancer in men over fifty years old. In fact, the majority of people diagnosed with skin cancer are white males over the age of 50. The...
Read more »
The White House has recently been circulating draft legislation that would create an executive agency for the purpose of overseeing Medicare reimbursement rates and policy changes. Under the proposal, there would be a paid five-member Independent Medicare Advisory Council whose members would serve five-year terms. They would be nominated by the president and subject...
Read more »
Many people were victims of Bernard Madoff’s fraud and have lost a considerable amount of income due to this scheme. Originally, Madoff victims were not included in the above categories of life changing events. As of June 9, Social Security determined that "if someone had a reduction of income as the result of criminal...
Read more »
Many hospitals are quite happy with the news that the Obama administration has now agreed to decrease its proposed hospital cuts by about $70 billion. Originally the White house was planning to cut Medicaid and Medicare payments to hospitals around the US by about $224 billion over 10 years to aid healthcare reform. However,...
Read more »
