Health/Long-Term Care
If providing healthcare to more Americans is the goal, the COVID-era tax credits for people buying insurance on the Affordable Care Act (ACA) marketplaces have been a big success. Enrollment in ACA policies has doubled to a record 24 million since 2021, when Congress approved the credits, which reduced monthly premiums by hundreds of dollars…
For those who start with $100,000, Medicaid is not an easy option. As part of an extended study on the risks faced by households approaching retirement, we just completed a project that focused on the risks associated with medical and long-term care costs. As it turns out, while medical risks are highly uncertain and potentially…
