Insurance

Call it retirement anxiety, or maybe recession obsession. For all of their married life, Patrick Webster, 63, and Susie Martin, 54, have been extremely frugal. Webster and Martin, who both work at Marymount College in Rancho Palos Verdes, have been stashing away their combined income at an enviable rate - more than 25% - for retirement. Together they have more than $1 million in investments and no debt. But rather than feeling reasonably secure about their financial future, they dread a return of hard times.

About 1 million customers of the Automobile Club of Southern California will get an average $65 reduction in their annual car insurance bills, the auto club and the state Insurance Department announced. The total rate cut for all motorists came to $70 million, or 4.1%, for policies that start or renew after July 1. It was the fourth such reduction in the last nine years that collectively saved policyholders more than $380 million, Auto Club Chief Executive Robert T. Bouttier said Wednesday.

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.

So this is what socialism looks like: Private companies competing for people's business in an open marketplace. Californians got their first glimpse Thursday of what insurers plan to charge for coverage to be offered next year to about 5 million state residents who don't receive health insurance from employers. In southern Los Angeles County, for example, Health Net is charging $242 a month for one of its plans. Blue Shield is charging $287 and Kaiser Permanente $325 for the same coverage.

Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking - a subprime loan. The Polands paid nearly $10,000 in upfront fees for the privilege of securing a mortgage at 10.9% interest. And they had to raid their retirement account for a 35% down payment. Most borrowers would balk at such stiff terms. But with prices rising, the Polands wanted to snag a four-bedroom home in Temecula near top-rated schools for their 5-year-old son. By later this year, they figure, they'll be able to refinance into a standard loan.

Auto leasing deals abound these days, with offers that often seem too good to be true. How about a well-equipped Honda Accord for $250 a month with no down payment or any other drive-off fees? Or better yet, $199 a month for a Chevrolet Malibu? So, what's the catch? There isn't any if you know what you're getting into. There are always details. You need top-tier credit to qualify. You pay a penalty if you turn that Honda in with more than 36,000 miles. And the payment is not $250 a month because of that little matter of tax. It is more like $275, depending on where you live.

Asthma sufferers have long relied on inhalers for relief from wheezing or coughing attacks. But as of Dec. 31, Primatene Mist -- the only available over-the-counter asthma inhaler -- was taken off shelves because of its adverse effect on the environment. Other inhalers are available, but these require a doctor's prescription. Some people with asthma aren't happy about the change, but lung doctors and asthma specialists agree that Primatene Mist wasn't the best option for patients anyway.

Trial judges are, on the books, elected officials, and even the vast majority of those whose names never appear on a ballot are subject to election challenge every six years. Should voters not call them to account for their performance, as they do with any other politician, on election day? Should they not encourage opponents to challenge incumbent judges? Or are judges different from members of Congress or city councils? Judges are most definitely different. The last thing we want or need in California is trial judges who sit on the bench with one eye on justice and the other on how any particular ruling is going to play with the public.

NEW YORK - The next wave of union protesters isn't blue collar. It's lawyers, paralegals, secretaries, helicopter pilots, judges, insurance agents and podiatrists. These white-collar workers are not exactly the picture of the labor movement, but they are becoming a more essential part of it as they turn to unions for help in a tough economy as bosses try to squeeze out more profits. "Employers have been downsizing, asking employees to take on larger roles, making them work more hours," said Nicole Korkolis, spokeswoman for the Office and Professional Employees International Union.

Four days after her April 27 breast reconstruction, the third and final surgery aimed at sparing her an early death from breast cancer, Angelina Jolie was in good spirits at home. Upon paying a house call, her surgeon, Dr. Kristi Funk of the Pink Lotus Breast Center in Beverly Hills, found two walls of the actress' home covered with "freshly assembled story boards" for her next directorial project. "All the while she spoke," the doctor later wrote on her blog, "six drains dangled from her chest, three on each side, fastened to an elastic belt around her waist.

Amid anxiety over rising costs from the federal healthcare law, California received better-than-expected insurance rates for a new state-run marketplace, but many consumers still won't be spared from sharply higher premiums. Three years after President Obama's landmark law was passed, the state unveiled the first details Thursday on what many Californians can expect to pay for coverage from 13 health plans offering policies in the state's exchange, in which as many as 5 million people will shop for coverage next year.

Some prominent health insurers, including industry giant UnitedHealth Group Inc., are not participating in California's new state-run health insurance market, possibly limiting the number of choices for millions of consumers. UnitedHealth, the nation's largest private insurer, Aetna Inc. and Cigna Corp. are sitting out the first year of Covered California, the state's insurance exchange and a key testing ground nationally for a massive coverage expansion under the federal healthcare law. Meanwhile, the biggest insurers in the state - Kaiser Permanente, Anthem Blue Cross and Blue Shield of California - are all expected to participate in the state-run market for individual health coverage.

The family of an unarmed man killed by a Downey police officer with a submachine gun in a case of mistaken identity has agreed to a $4.5-million settlement with the city's insurer. Michael Nida, 31, was fatally shot in the back Oct. 22, 2011, by Officer Steven Gilley after Nida was mistaken for a suspect wanted in an armed robbery at a Bank of America ATM. Prosecutors declined to criminally charge the officer, citing Nida's resistance and that he had run from officers three times.

When the national healthcare law takes full effect next year, millions of Americans risk disrupted health coverage because of common life events: getting married or divorced, having children or taking on a second job. As their family incomes change, so too will their eligibility for public insurance programs. And if nothing is done, policymakers warn, many low-income patients will lose access to their doctors and medications during this massive game of health coverage pingpong. Policymakers and healthcare industry leaders across the nation are paying close attention to the issue and working to close the coverage gaps before Jan. 1, said Alan Weil, executive director of the National Academy for State Health Policy.

Covered California, the state's health insurance exchange, announced $37 million in grants Tuesday to begin the massive task of educating millions of Californians about the new healthcare law. The grants will go to 48 organizations, including universities, nonprofit groups, health foundations and unions. They will help state officials explain the new benefits, show people how to access insurance, and encourage small businesses to enroll. Covered California's executive director, Peter Lee, said Tuesday that getting the word out will require collaboration and partnership across the state.

Re "After ER trip, it's hospital bill shock," Column, May 10 and "Medical rates range off the chart," May 9 David Lazarus' column on a child's dog bite that resulted in an emergency room bill of $1,721.75 exposes a flaw in the business of healthcare. Hospital officials who were quoted in the news article do not claim that they know the actual cost of each service rendered. They don't know the amount of time a nurse spends on a particular patient and do not have a way to account for the costs of a particular procedure.

In 1986, lawmakers decided the problem of illegal immigration had to be dealt with. More than 3 million people were living in the United States after crossing the border illegally or overstaying their visas. A new law signed by President Ronald Reagan gave legal status and a path to citizenship to most of those unauthorized residents - helping many secure a slice of the American dream but also giving fuel to critics who sought to turn "amnesty" into a pejorative. Less than 30 years later, the number of immigrants living in the country illegally is thought to have nearly quadrupled, and the freighted baggage of amnesty looms over new efforts to reform the nation's immigration laws.

Many hard-working people need access to short-term credit in a pinch to cover the cost of an emergency room visit or replacing a busted stove or carburetor. Yet apart from asking friends and relatives for assistance, a wellspring that comes with its own costs and often runs dry, many families turn to alternative, "predatory" lenders to finance unexpected expenses. Although the products offered by these alternative lenders — such as payday or car-title loans — can help families weather a financial emergency, the eye-popping interest rates can be devastating.

WASHINGTON - Seeking to ensure his landmark healthcare law is successfully implemented, President Obama is reprising his 2012 election strategy in hopes of enrolling millions of uninsured Americans in health plans this fall. The new campaign, whose outcome could largely shape the president's legacy, is targeting young people, Latinos and women - groups that were crucial to Obama's victory in November. It will rely on some of the same tools that the reelection campaign pioneered for voter turnout, including extensive use of social media, mobilization of volunteers and data-driven outreach.

Would you do a double-take if I said that that words were a recurring theme in this week's Great Reads? Yes, beautiful language is a mainstay in these stories, but this week, two standouts focused on words. Exhibit A: The words “Los Feliz.” I pronounce it Los FEE-lus. I know it's not correct, but it's “right” (marks me as an old-timer, I know). Exhibit B: The word “delight.” Silicon Valley types have been tripping all over themselves to use the word. At least it's better than another buzzword that makes me go urghhh: freemium.