September 19, 2011 |
I'm an 84-year-old man on Social Security with original Medicare and Mutual of Omaha gap insurance. My insurance premium was raised from $262 to $363 a month, a 39% jump. After all my monthly expenses, I have just $240 left. What can I do in the event of another increase in my premiums? If you've had your current Medicare supplement plan for years, it's not surprising that you've seen your costs steadily rise, says Steve Zaleznick, senior Medicare advisor at PlanPrescriber, a Maynard, Mass.-based online provider of Medicare education and plan comparison tools.
May 10, 2013 |
WASHINGTON - Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes, Warren quickly showed she wouldn't be following the custom that a freshman senator be seen and not heard. After some pleasantries, the longtime consumer advocate and Wall Street critic lit into the heads of the Securities and Exchange Commission, the Federal Deposit Insurance Corp.
July 4, 2010 |
Security researchers Nick DePetrillo and Don Bailey have discovered a seven-digit numerical code that can unlock all kinds of secrets about you. It's your phone number. Using relatively simple techniques, this duo can use your cellphone number to figure out your name, where you live and work, where you travel and when you sleep. They could even listen to your voice messages and personal phone calls — if they wanted to. "It's really interesting to watch a phone number turn into a person's life," DePetrillo said.
February 21, 2013 |
Two-fifths of the elderly spend more than they earn, often forcing them to dip into savings to pay bills, according to a new study. Among those 65 and older, 40% shell out more on housing, medical care and other costs than they take in from Social Security, pensions and other sources, according to the Employee Benefit Research Institute. An additional 14.3% of that age group spend more than 75% of their incomes on regular expenses, leaving little cushion for unexpected financial setbacks, the study showed.
January 3, 2012 |
A dozen companies that try to do business in a socially and environmentally conscious way have filed papers with the state to become California's first "benefit corporations. " Chief executives, led by Yvon Chouinard, the founder of Patagonia, a 56-year-old seller of outdoor apparel and equipment based in Ventura County, marched into the secretary of state's office shortly after it opened Tuesday morning. It was the first business day after a new state law took effect Jan. 1, giving companies an option besides the traditional corporation or nonprofit organization to legally organize themselves.
August 24, 2012
Re "How curiosity begat Curiosity," Aug. 19 Ahmed Zewail makes an important point but neglects to mention one key fact: The ascent of American innovation and technological and scientific leadership was made possible by a top marginal tax rate of well over 80%. These days, 39% percent seems too much for the rich to bear. The fact is, we cannot afford to be an educated, scientifically advanced nation without a major tax increase on the wealth hoarders. And they will benefit in the long run as well.