2012 Health care costs

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According to an article today (8/25/2011) on Kiplinger.com,  the National Business Group on Health issued a report that shows we can expect to pay more for health insurance in 2012.  The increases are expected in all areas – premiums, co-pays and deductibles.  Additionally, 17% of employers plan to offer only High Deductible Health Plans and Health Savings Accounts (HDHP/HSA) .  These health plans require the employee to pay deductibles  of at least $1,200 for individuals ...

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The worst advice EVER!!

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In an article that appeared on Smartmoney.com (http://blogs.smartmoney.com/advice/2011/08/22/when-401k-loans-are-a-smart-move/) on August 23, 2011, Olivia Mitchell from the Wharton School of Business and David Wray of the Profit Sharing / 401(k) Council of America praise those who used 401(k) loans before the market crash of 2008 and the recent market downturn.  Their logic is that since those people sold their stocks while the market was higher and are now paying themselves back at an interest rate of about 4.25%, they get ...

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