Boomers Need to Improve on their Health Literacy

Health literacy: as defined by the Patient Protection and Affordable Care Act of 2010, Title V, is the degree to which a person has the capacity and ability to find, interpret, comprehend, and take action on basic health information and processes to make proper health and care decisions. But how does this form of literacy connect to one’s finances? Simply put, an individual with adequate health literacy skills is more likely to avoid spending for medical bills – a significant benefit to hold onto, especially for those who belong to the baby boom generation. As such, we’d like to take the opportunity to discuss more on how boomers can improve this much-needed facet of life. And in connection with our previous post, 3 Ways that Medigap Insurance Will Address Health Care Financing, we will connect how insurance policies can help individuals improve their health

Prevention and Treatment for Irregular Heartbeat –

Prevention and Treatment for Irregular Heartbeat - Do you have a heartbeat that is following an irregular rhythm? If yes then you probably have arrhythmia. Having an irregular heartbeat is common but it doesn’t mean that all episodes are harmless. There are certain occasions wherein your heart beats too fast than normal and it’s just a natural effect when you feel anxious and afraid and you’ve just done a strenuous activity. But if this happens without any of the said factors or it just happen out of the blue then that’s the time you should show concern because this might be detrimental to your health.   Arrhythmias can be classified into three: Tachycardia – your heart beats fast, more than 100 beats in one minute. Bradychardia – your heart beats slow, less than 60 beats in one minute. Premature heartbeat – an extra
care spending

US Health Care Inflation Rate to Decrease in 2014 –

The progressive slowdown of health care inflation in the United States can be as low as 6.5% next year. This development in the American health care situation is made possible through intensified measures by employers and the Affordable Care Act. The inflation rate decrease in 2014 is based from findings reported by the Health Research Institute of PricewaterhouseCoopers, which is a Limited Liability Partnership. The report’s writers stated that this slowdown contradicts the expected trend in US health care costs. Before 2005, the inflation rate of American health care insurance was as high at more than 8% within a year. The PwC Health Research Institute notes that the decline in rate is caused by the Obama administration’s health care reforms and similar health care constitution changes during that time. Americans have to pay more for health care costs even when going through economic recession.
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