Dave Says Insurance, Insurance

Dear Dave, I’ve got auto insurance, but can you tell me what other kinds of insurance are good to have? Chris Dear Chris, The purpose of insurance is to transfer risk that you can’t afford to take. Most people can’t afford to have a heart attack and triple bypass surgery. Having to pay for something like that completely out of pocket would bankrupt just about anyone. That’s why health insurance is a vital part of any good financial plan. It’s also important to have auto, which you do, and homeowner’s insurance, too. If you don’t own a home, make sure...

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Texas health insurance rebates are on the line

It sounds too good to be true, and if Texas regulators have their way, it won't happen. About 690,000 consumers are slated to get an estimated $160 million in rebates from health insurance companies by Aug. 1. But the Texas Insurance Department wants to slash that amount by three-fourths and phase in changes slowly. The department says the individual insurance market could be destabilized if companies have to make the payments and cut into profits. Consumer groups say that everything will be fine and that customers deserve their full refunds. A federal decision is expected within two weeks. The rebates...

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"Fatti Maschii Parole Femine" Should Be, "Fatti Totalitaria Parole Liberale"

(For the short version, skip to the "Body of Comment" section.) This is a personal rant, and is why I will leave Maryland as soon as I can afford to. Please indulge. Thank you. The state of Maryland kicks a man while he is down. April 2010, I lost my job as a computer programmer. Though I interview at least twice a week, jobs are competitive and very hard to get. Perhaps my biggest pet peeve is the trend for employers to tell me, "You're hired. You will start as soon as we get the budget for the project approved."...

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Starting now, state workers, families to pay more for medical care

State workers and their families will pay more for medical care starting Jan. 1 under the latest changes to emerge from a state law that wiped out most public employee union rights. The changes in the state health plan require 183,000 participants to pay 10 percent of their bills for doctor visits, tests, surgeries and hospitalizations up to an annual maximum of $500 for single people and $1,000 for families. Health plan administrators have explained the new system previously, but they expect to get a lot more questions when workers begin reaching into their pockets. "I think the reality will...

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RUSH: We Stand for Principle Over Politics and the Establishment Can't Stand It

We Stand for Principle Over Politicsand the Establishment Can't Stand It December 21, 2011 BEGIN TRANSCRIPT RUSH: "House Democrats tried Wednesday to force a vote on the Senate’s two-month extension of the payroll-tax cut, but Republicans gaveled the House closed to prevent them from having a chance, as top GOP leaders huddled down the hall to try to figure a way out of the mess. The House was set to hold a pro forma session, but two top Democrats, Reps. Steny H. Hoyer and Chris Van Hollen, demanded to be recognized to try to force a vote on the...

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