Colorado Just Released the List of Prescription Drugs It Wants to Import From Canada | The Colorado Sun
The State of Colorado is seeking to save residents money on prescription drugs by importing more than 100 medications from Canada. The state submitted a formal application to the federal government that lists 112 drugs with an average cost savings of 64 percent over the U.S. retail price. If approved, that could result in savings of $53 million to $88 million per year.
Bicameral, Bipartisan Retirement Bill Introduced | National Association of Plan Advisors
While the fate of the major retirement legislation package known as SECURE Act 2.0 remains uncertain, lawmakers continue to introduce new retirement-related bills. U.S. Sen. John Hickenlooper of Colorado is one the legislators behind the recently introduced Retirement Savings for Americans Act, which aims to increase access to retirement savings accounts for those who don’t currently have them.
7 Financial Steps to Take at the End of the Year | Kiplinger
With the year winding down, it’s a good time to do a financial checkup and make sure all your accounts are in order. Here are some helpful steps to consider, from taxes and investments to retirement planning and emergency savings.
Middle-Aged Americans Aren’t Planning Their Estates. Here’s How to Fix That. | SmartAsset
While you’re doing a year-end financial check-up, you may consider doing some estate planning, if you haven’t already. A recent survey found the number of middle-aged adults with a will dropped to an all-time low in 2021. While estate planning can be daunting, there are a few common documents that will be a big help to your loved ones.
News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.
Those of you buying Kaiser PERA care: you may be able to buy the same policy directly from Kaiser. I paid $38 per month, saving over one hundred dollars each month this year. My copays were better, too. Using PERA CARE costs money even after the supplement from PERA.
If you are Kaiser and want ortho care, consider going to Franklin buildings. Ortho doc at Lone Tree refused my knee replacement but ortho down town did my sugery. Also got into see ENT for Bell’s Palsy weeks faster by going down town. Down town Kaiser Parmacy is faster than Lone Tree.
The reason is PERA wants you to get your insurance somewhere else that way they get to keep the portion of money they are suppose to pay for your insurance thru PERA Care. I have asked couple of times, and never received and answer of how much money they save a year by retirees getting their health insurance else where. The amount of money is probably staggering.
Glenn,
PERA does not make any money when retirees elect to enroll in health coverage outside of PERACare. PERACare’s health care subsidies are funded by employers and held in a health care trust fund used solely for PERA retirees who enroll in PERACare.
PERA sets premiums at the level needed to cover the medical and pharmacy claims for the group, and they are never artificially elevated to dissuade retirees from enrolling. As you can imagine, the health needs of a retiree-only population are higher, which can lead to higher premiums in PERACare compared to employer or individual plans.