I am constantly amazed at how well artificial intelligence chatbots scour the literature and respond with answers to obscure questions. I have asked Microsoft Copilot and Google AI technical questions, and the responses steered me to websites where experts with more experience than I were discussing the topic. That does not mean the responses were…
Category: Devon Herrick
WSJ: Ways to Cut Medical Bills Without Health Insurance
Obamacare is a boondoggle for those who need medical care. As I have stated before, somewhere between 80% to 90% of enrollees do not surpass their health plan deductible in a given year. Nearly three-fourths of ACA plans are Silver or Bronze plans. Health plan deductibles for Silver plans average $3,727, while Bronze plans average $5,304. That means most people are paying the bulk of their day-to-day medical expenses out of pocket regardless of whether they have coverage. Some people are questioning the need to buy coverage and prefer to use their premium dollars directly for medical care.
Center Left Advocacy Discovers Health Savings Accounts
The core idea with HSAs was that high-deductible plans were supposed to be much cheaper than first-dollar health coverage. Consumers could select a high-deductible plan and use the savings to fund an HSA. That way, when patients skipped unnecessary medical services; when they looked for a better deal on a diagnostic test; when they asked about a generic drug rather than fill a brand-name drug, much of the money they saved would be theirs.
WSJ: 80 is the new 60 (Social Security and Medicare are Really in Trouble)
Recently I read about how people aged faster and looked older for their age back when I was young. It is not just because everyone looked old when we were kids. There are a variety of reasons for this, including better health, and a lower disease burden. And it was not just the poor who aged faster and whose life ended early, although wealth is generally associated with health.