Friday, October 19, 2012

Save 40% on homeowner's insurance

Homeowner’s Insurance
Beware: False coverage Save 40% with the right policy
=Your home may be classified or rated incorrectly.
=You may be paying for endorsements you don't need.
=Your premium may be based on land which isn't covered.
=Save 40% with the right policy.
The key question in homeowner's insurance is:
Are you willing to pay more every year to replace your home exactly as it is at the time of a total loss, even though a total loss is very rare?
Most of the things you would think are covered, are NOT. 
By Dan Keppel $19.95

FL uninsured die without care
Nearly 44 Floridians die each week because they do not have health coverage, according to Families USA, a consumer advocacy organization. That's more than six people a day. That should be enough to prompt Gov. Scott to accept the federal government's offer of three free years of expanded Medicaid coverage.

MI could cover 600,000 uninsured and save $1 billion with ObamaCare, study says
Michigan could save nearly $1 billion over 10 years—while extending comprehensive health insurance to more than 600,000 Michigan citizens—if the state expands Medicaid eligibility beginning in 2014 as provided for under the Affordable Care Act according to a CHRTstudy

Is a 529 college saving plan right for you?
Tax-FREE savings and no withdrawal penalty—that is the promise of the 529 plans. The bonus: if your state gives you a tax deduction for contributions! The unseen caveats are the costs. Unless you pick a state plan with no commissions and low-cost investments, these plans are not for you. Now the unbiased rating agency, Morningstar, has checked all 529 plans and picked 4 to head your list of finalists:
Alaska's T. Rowe Price College Savings Plan; the Maryland College Investment Plan; Nevada's Vanguard 529 Savings Plan; and the Utah Educational Savings Plan.
Four other plans earned silver-medal honors from Morningstar. Those 529 plans are sponsored byArkansasMichiganOhio and Virginia.
THE REST: Nineteen plans were rated bronze, 33 "Neutral" and four "Negative."
You don’t need to live in the state to use their 529. Some states (ArizonaKansasMaineMissouri, andPennsylvania) give you an income tax break on 529 contributions made to any state's plan. Our Guide helps you save

CA to raise rates 85% on long-term care owners over two years in 2015
CalPERS is preparing to impose a rate hike of up to 85 percent on most of its long-term care insurance policyholders. The rate hike would begin in 2015 and would be phased in over two years. It would affect three-fourths of the 150,000 CalPERS members who've bought long-term care policies, which pay for stays in nursing homes, convalescent homes and so on. CalPERS hopes the rate hike will "stabilize" the long-term care insurance program, which has been hit with higher-than-expected claims and lower-than- expected investment returns. The program gets no taxpayer funding. There are alternatives to LTCi:

CA drivers with Mercury may see a 4% increase in rates
Mercury General is raising auto insurance rates by $63 million on its customers, an average 4% rate hike for 990,000 Mercury auto insurance policyholders in California. Is it time to shop for lower priced coverage? Use our Guides to lower all insurance costs:

CA moving poor children to Medicaid to save $73 million
The state is eliminating its Healthy Families program and moving those children into the state's Medicaid program to save a projected $73 million a year. CA contends that the shift will help streamline children's health care and reduce government complexities. But state lawmakers and children's advocates are concerned about the possibility of having children's medical services disrupted.

Our democracy at risk—The rich tell employees to Vote GOP or lose job!
Koch Industries, the company that paid for MN Gov to strip unions of rights, sent a voter information packet to 45,000 employees of its Georgia Pacific subsidiary earlier this month. In it was a letter, dated Oct. 1, from Koch Industries president Dave Robertson implicitly warning that "many of our more than 50,000 U.S. employees and contractors may suffer the consequences" of voting for President Obama and other Democrats in the 2012 elections, a list of conservative candidates the company's political action committee endorses and a pair of editorials: one, by David Koch, supporting Mitt Romney, and the other, by Charles Koch, condemning Obama. Other employers do this too.
It is not illegal but is it healthy for our democracy?
Is it healthy to let the rich give unlimited dollars to candidates’ superpacs?
Foreign corporations are among the largest contributors to Romney’s Pacs: Credit Suisse Group AG ($554,066) and Barclays PLC ($403,800).

Cost of living SS increase taken away by Part B increase
Monthly Social Security benefits for more than 56 million retirees will increase 1.7% in 2013, less than half the 3.6% increase that they received this year. Retirees received no cost-of-living adjustment in either 2010 or 2011. Despite the increase scheduled for next year, most Social Security recipients may not receive bigger benefit checks as the increase could be mostly offset by higher Medicare Part Bpremiums, which typically are deducted from Social Security benefits.

Study says making Medicare a voucher would cost $1200 extra
If the shift had taken place in 2010, and Medicare enrollees had tried to stay in the same plans, the percentage of enrollees who would have had to pay $100 or more in additional premiums per month could have been 50 percent in Nevada, 57 percent in New Jersey and 77 percent in Florida.

Which candidate offers you the best tax deal?
Are you better off under Obama or Romney—tax wise? There are some details that let you figure out what is best for you. Take you pick:

What is the impact on seniors of the Romney/Ryan budget?
The House Republican Budget would make a number of significant changes to Medicare, Medicaid, and numerous other programs that benefit seniors. We lose free screening, drug benefits, etc. Check your district:

Save on Title insurance
A Re-Fi or home purchase requires title insurance to protect the lender against “defects” (mistakes/holds) in the title (deed or builder) holder. “Defects” are anything that prevents clear ownership transfer. Defects include liens (unpaid bills) on the property, outstanding taxes, outstanding claims or lawsuits. With computerization, defects don’t happen often but this protection is required to close the loan. You pay for the insurance in one premium at closing. Instead of paying the lawyer or lender to obtain this contract, you can do it yourself and save. You may also have the title company do the closing and save the cost of attorney review/closing. Instead of paying for a lawyer to review the documents and charge $20 per FedEx, have a title/closing firm like the closing electronically. Shop and save

SCAMS           “Only the little people pay taxes.” Leona Helmsley

Romney says sick people already have health care – no need for reform
Mt. VernonOhio, Mitt Romney told the crowd that health reform was unnecessary for people with chronic conditions: "Actually, we had health care in America before Obamacare came along. And we still have health care in America."

Companies can go bankrupt and renege on employee promises made years ago. 
GM and Chrysler/Fiat did it. Kodak asks court to end retiree medical benefits.

S&P cited low interest rate environment in reducing the ratings of Genworth Life and Genworth’s coreU.S. life operations to ‘A’ minus rating.

Who owns your account now?
Highmark will acquire Saint Vincent Health System

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