NewRetirement Retirement News Digest : Insurance
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

Insurance (RSS)

Shrinking nest eggs: How the ailing economy affects yours
USAToday, May 16th, 2008Patty Stewart of Redlands, Calif., is beginning to think she won't be able to retire at 65. Or 67. Or possibly ever. Like millions of other people, Stewart is counting on her 401(k) and her home equity to pay for retirement. Read More
Reverse Mortgage Refinancing - Is It For You?
L.A. Chronicle, April 20th, 2008Many seniors have taken out a reverse mortgage and are enjoying the benefits of receiving cash from the equity in their home. However, many still find, for various reasons, that the money they receive is still not enough. Read More
The Trajectory of Wealth in Retirement
Center for retirement research at Boston College, February 2008As the baby boomers begin to retire, a great deal remains unknown about the evolution of wealth toward the end of life. In this paper, we develop a new measure of household resources that Read More
Who's cashing in your chips?
The New York Daily News,  July 30th, 2007Someone out there wants to place a bet on when you're going to die - and they're willing to hand you a chunk of cash now, while you're still alive. This fast-growing business allows seniors to raise quick Read More
In denial about long-term care?
Minneapolis Star-Tribune, April 28th, 2007Ten years ago, my dad brought together my two older brothers, my older sister and me for a family meeting. Dad had recently placed Mom into the Alzheimer's unit in a nursing home after wrenching years of forgetfulness, Read More
Basics of life settlements that seniors should know
The Ft. Collins Coloradoan, February 25th, 2006 Viatical settlements gained popularity in the 1980s as a source of cash for terminally ill life insurance policyholders. In the 1990s, viatical settlements gave rise to life settlements. Life settlements Read More
Rate hike affects many retirees
The Reporter, November 14th, 2006A recent letter writer expresses his unhappiness with the current increases in health plan rates ("50 percent rate hike excessive," The Reporter, Nov. 10). Here's some information that will ease the pain but will not Read More
Insurance Expert Warns Senior Citizens: Don't Cash in your Life Insurance Policy
PR Web, September 19th, 2006According to Daniel Katz, Vice President of Operations for Settlements for Life, senior citizens who are contemplating cashing in their life insurance policies could receive 5 times or more than the cash value of their policy Read More
Small-Business Health Insurance Flops
Senate Rejects Bill on Low-Cost Insurance for Small-Business Employees WebMD.com, May 12th, 2006 The Senate turned away a bill Thursday that would have let small businesses join together to buy lower-cost medical insurance for workers. The bill Read More
Firms still play key role in retirement saving
As pension plans dissapear, responsable companies digging deeper MSNBC, May 10th, 2006 Whether you view it as a betrayal of workers or as an economic necessity, the traditional pension plan appears destined for extinction as more companies move Read More
Democrats Oppose GOP Health Coverage Bill
Houston Chronicle, May 9th, 2006 Senate Democrats threatened Tuesday to filibuster Republican-backed legislation they said would scale back health insurance for millions. Republicans said the measure would allow small businesses to offer coverage Read More
(Comments Off) * Article Posted on Wednesday, May 10, 2006 8:33 PM
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In Scramble for New Medicare Business, a Few Insurers Grab the Most
The New York Times, April 29th, 2006 Two companies, UnitedHealth Group and Humana, have captured nearly half of the vast new market for prescription drug insurance under Medicare, according to new data issued Friday by the Bush administration. Read More
Massachusetts Sets Health Plan for Nearly All
NYTimes.com, April 4th, 2006 Massachusetts is poised to become the first state to provide nearly universal health care coverage with a bill passed overwhelmingly by the legislature Tuesday that Gov. Mitt Romney says he will sign. The bill does Read More
Taking the Risk out of Retirement
The McKinsley Quarterly, March 8th, 2006 Consumers are bearing more retirement-related risk than they have at any time since the creation of the modern welfare state. Many employers have already shifted from defined-benefit to defined-contribution Read More
The State of 50+
AARP, March 8th, 2006 Compared with a decade ago, the state of 50+ America seems to have improved, but AARP’s third annual “report card” on the quality of life of midlife and older Americans finds that the picture has become less favorable and the Read More
 
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