Tag: health insurance
![Stack of report paper documents with magnifying glass.](https://crr.bc.edu/wp-content/uploads/2022/12/Stack-of-report-paper-documents-with-magnifying-glass.-1536x796.jpeg)
Medical expenses increase unpredictably with age, so the crystal ball gets very hazy when trying to foretell how much you’ll need in retirement. A new study helps clear things up: a single older American spends about $39,000 on average for medical care in the final five years of life, or about $7,800 a year. For…
![Graphic: Insurance](https://crr.bc.edu/wp-content/uploads/2013/08/insurance.jpg)
Prior research has established that agents tend to sell the financial product that will pay them the highest commission. A new study on India’s life insurance market advances the ball by focusing on the quality of one high-commission product agents recommend and concludes that it’s wrong for the client. The researchers sent trained auditors into…