Spectrum Management Blog

By Spectrum Management Group | May 9, 2017

Preparing for Retirement Requires Thought to Future Healthcare Costs

As Congress and the new administration look to overhaul the Affordable Care Act, healthcare has been a hot topic in the news. And rightly so, as the outcome is likely to have an impact on most of us.

Read More

Topics: Health Care, Retirement

By Spectrum Management Group | August 30, 2016

7 Tips to Have the Best Health Savings Account (HSA)

Today's article provides valuable pointers for planning your health savings account (HSA). Unfortunately, health insurance is covering less every year, so having a well-funded HSA can be a valuable way to offset healthcare costs. Keep reading for more information about how HSAs work as well as the things you need to know before you choose one. 

Read More

Topics: Health Care

By Spectrum Management Group | April 26, 2016

3 Reasons Female Investors Should Consider Long-Term Care Insurance

Long-term care insurance isn't something most people want to think about, but it's definitely a topic women in particular should keep in mind when they think about the future. Today's article lays out some compelling arguments for women to invest in long-term care insurance. 

Read More

Topics: Health Care

By Tia M. Lee | October 23, 2015

2016 Medicare Premiums Increase While Providers Get Squeezed [Updated]

This blog post was udated on Nov. 13, 2015 here due to the passage of Budget Bill HR 1314 on Oct. 28, 2015.  The bill limited the Medicare premium increase to 15%.

Medicare open enrollment is the time when Medicare recipients can change their supplemental insurance plans. It starts October 15th and ends December 7th with new coverage beginning January 1st of the following year. Open enrollment is also the time when Medicare recipients learn the amount they will pay for their Medicare Part B premium, and this year the increases are extraordinarily high for 30% of Medicare recipients. Recipients whose premiums are increased based on their income received the highest premium increase in the history of Medicare. The table below lists the base premiums from 2008 to the projected premium for 2016-2017 and the percentage increase from the previous year.

Read More

Topics: Social Security, Health Care, Retirement

By Tia M. Lee | August 6, 2015

Can Your Income Predict How Long You Will Live?

We all know that money can’t buy you happiness but apparently it can buy a few more years on this earth to search for what makes you happy.  According to The Health and Retirement Study conducted by the University of Michigan, there seems to a strong correlation between lifespan and income.  The study began in 1992 to survey a nationally representative sample of adults over the age of 50 in order to understand the dynamics of our aging society.  Since its inception, The Health and Retirement Study has provided an invaluable long-term look at the complex interplay of health, work, and economic status of Americans age 51 and older.

Read More

Topics: Health Care, Retirement, Tia M. Lee, Estate Plans

By Editor | February 27, 2014

Spectrum Management Group in today’s top media outlets

Today's leading news outlets continue to call on the experts at Spectrum Management Group for their insight on the markets and the top issues impacting investors and consumers. Since the start of 2014, our Managing Principals Bob Phillips and Leslie Thompson have weighed in on a range of topics that people are facing today.

Read More

Topics: Company News, Health Care, Bob Phillips, Market Outlook, Stocks, Leslie D. Thompson, Media Coverage