New Year Financial Tune Up for Seniors
While you’re making your New Years’ resolutions, don’t forget to give your financial house an annual tune-up. As the old saying goes, an ounce of prevention is worth a pound of cure, and few adjustments now could save you thousands of dollars, not to mention some major headaches, in the months and years to come.
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Back to Basics: Health Insurance
What is "medicare"? Medicare is a common yet inaccurate term, for it doesn't refer to an easily identifiable government program. A description of it might note that medicare covers many health services, that it is provincially administered and that the federal government contributes to its financing. A health analyst would probably define the term using language such as, "Medicare is a state-financed health insurance plan". This is a straightforward definition that is often repeated.
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Drivers with dementia a growing problem
A group of Canadian medical researchers is calling for governments and insurance companies to pay more for regular mandatory road tests of drivers who may pose a danger because of dementia. The researchers' paper, published in the September issue of the Canadian Medical Association Journal, contends that doctors don't have the tools to assess the driving skills of the growing number of dementia patients on the road.
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All You Need To Know About Life Insurance
When most people get married, buy a house or have a child, they feel compelled to buy insurance, which is why there are a lot of rich banks and insurance companies in Canada. I have found it astonishing at how many folks have big, expensive life insurance policies that they, or their beneficiaries, stand about a zero chance of ever benefiting from.
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