Archive for November, 2009

Twenty-somethings and the health care overhaul: What’s in it for them

Next generation

The young invincibles. That’s what the insurance industry calls them. They’re the 13.7 million Americans under 30 who don’t have health insurance because, they firmly believe, they just don’t need it. Why waste money on something they’re too healthy to use?
In the debate over health care, lawmakers and industry experts agree that persuading this statistically healthy demographic to jump into the insurance pool would bring down costs for the broader population. But for young adults to make the leap, health market experts and youth advocacy groups say, Congress needs to focus more on affordability than invincibility.

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The Doughnut Hole: Medicare’s ‘not-so-sweet’ deal


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It’s called the Medicare Part D “Doughnut Hole,” and seniors fall into it each year and have trouble getting out. This loophole is leaving many seniors like retired small business owner Fran Garfinkle and her husband rethinking retirement plans.

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Latino community hopes museum aids awareness


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Latinos are hopeful that a possible National Museum of the American Latino will bring more understanding of their culture. “I think that will make a lot of Latino people proud,” Sabrina Molina, 15, said.

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Study says credit card fees biased against the poor

A study released last week found that grocery stores and gas stations often raise their prices to adjust for fees they are charged on purchases by card companies with reward programs, and that ultimately it is lower-income consumers who ends up paying the most.

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