Stocks in the Healthcare sector are those related to hospital services, medical products and technologies, equipment providers, and pharmaceuticals. In the long-term there is a reasonable case for favoring healthcare stocks - they have a strong secular view given that the need for healthcare is always rising and as economies develop healthcare availability and access tend to improve. In the short-term, however, healthcare stocks can be vulnerable to legislative changes, success or failure of trial drugs, and so forth. Continue reading...
A living will is sometimes called an advance directive or a medical directive, and it specifies a person’s wishes regarding life-prolonging medical procedures and other end-of-life issues. If a person is in a coma, for instance, it is intended to provide instructions for their care, including whether or not to use oxygen or “feeding tubes” to keep them alive. This might require a Do Not Resuscitate (DNR) waiver of some kind, which tells medical staff not to intervene if the person is dying. The living will is different than the “will” that most people are familiar with, which is a Last Will and Testament, stipulating the person’s wishes for their estate after he or she has died. Continue reading...
The biological theme, a segment of the healthcare sector, encompasses a diverse range of companies, primarily focusing on biotechnology firms like Regeneron (REGN) and Alexion Pharmaceuticals (ALXN), along with medical device companies like Integra LifeSciences (IART). This sector's unique positioning allows it to maintain a defensive profile, a characteristic that enables resilience during economic downturns and the potential for growth in periods of expansion. Continue reading...
In an era where the global population is aging rapidly, the healthcare sector, particularly companies focused on caring for seniors, has garnered significant attention from investors. This sector encompasses a broad range of companies, from healthcare insurance providers to facility operators and medical equipment manufacturers. This article delves into notable companies within this theme, highlighting their market presence, financial health, and potential for future growth. Key players in this segment include Johnson & Johnson (JNJ), Boston Scientific Corp (BSX), and Humana (HUM), among others. Continue reading...
There are two options for saving for healthcare needs: brokerage accounts and Health Savings Accounts (HSAs). Brokerage accounts provide more investment flexibility and no restrictions on withdrawals, but may be subject to taxes and penalties. HSAs provide a triple tax benefit, higher contribution limits, and no expiration date, but have restrictions on how funds can be used. The article emphasizes the importance of starting to save for healthcare expenses early and staying informed about healthcare options. Ultimately, the choice between these options depends on an individual's circumstances and goals. Continue reading...
Medicaid will cover many things, but it is reserved for those without enough assets to get such care on their own or to pay for other coverage. Some examples of covered services include checkups and childbirth for low income pregnant women, and nursing home care for low-income elderly people with long term care needs. Medicaid covers a very wide range of medical costs, including hospital expenses, visits to the doctor, nursing home expenses, and so on. Continue reading...
Unravel the intricacies of the health insurance sector and discover the top stocks poised for growth. From industry giants like Unitedhealth to innovative players, get insights into the companies shaping the future of healthcare coverage. Continue reading...
Unleash the potential of the booming pet industry! Discover the top pet stocks poised for growth in 2023, from healthcare to daily pet needs. Dive in to fetch the best investment opportunities in this ever-evolving market. Continue reading...
Step into the realm of market titans! From Apple's unparalleled valuation to the diverse strategies of Amazon and Alphabet, discover what makes these industry leaders tick. Dive deep into their financial prowess, growth potential, and the challenges they face in a rapidly evolving global landscape. Ready to decode the giants? Continue reading...
It looks like the Social Security Trust Funds may be depleted by 2037. The system can most likely continue while paying reduced benefits that come directly from the current social security taxes to the workforce. Estimates are that the Social Security Administration could pay about 70% of its obligations at that point. There is enough money to pay Social Security benefits at the current rate until about 2037. Continue reading...
Unlock the Potential of Health Sector Investments! Get the inside scoop on the top health stocks poised for growth in 2023. From UnitedHealth's expansive market cap to the innovative strides of Abbott Labs and McKesson, our financial analysis reveals where the smart money could be heading. Stay tuned for expert insights on navigating the health industry's most promising investment opportunities. Continue reading...
When it comes to investing in the stock market, it's essential to consider a variety of factors before making your decision. One of the key themes that have been gaining traction in recent years is seniors care. This theme encompasses a range of companies that cater to the needs of senior citizens, whether it's through healthcare insurance, healthcare facilities, or related services. In this article, we'll take a closer look at some of the top stocks in the seniors care sector that investors should keep an eye on. Continue reading...
Explore the highest-paying jobs in the US with this comprehensive analysis. Uncover why 22 out of 25 top-paying occupations are in healthcare, see how tech and corporate leadership follow, and understand the driving factors behind these trends. A must-read for career planning and industry insights! Continue reading...
Medicare and Medicaid are two very substantial government-run healthcare programs which you have no doubt heard of before. Medicare website — Found Here | Medicaid website — Found Here Medicare is the federal program available to people over age 65, while Medicaid is a federally subsidized state program that provides care to lower-income families. Medicare is a government insurance program created to help retirees and the disabled. Continue reading...
Healthcare costs can sometimes catch us off guard, leaving us wondering how to manage unexpected medical expenses. In these situations, having access to a flexible financing option like CareCredit can be a valuable lifeline. CareCredit is a healthcare credit card designed to help individuals and families cover a range of medical expenses, from routine check-ups to elective procedures. In this article, we'll delve into how CareCredit works, its benefits, and how to make the most of this financial tool. Continue reading...
A Health Savings Account (HSA) allows the owner to save (and invest) money in an account, which can be used to pay for health expenses on a tax advantaged basis. Generally speaking, your contributions to a HSA are tax deductible, the earnings grow on a tax deferred basis, and you can withdraw the money tax free if used for a qualified health expense. As 2016, you are allowed to contribute $3,350 (for individuals) and $6,750 (for families) to the account, plus an additional $1,000 if you’re over 55. Continue reading...
The Dow Jones Industrial Average (DJIA) is a renowned equity index representing 30 large-cap US companies, a symbol of the country's industrial and economic might. This analysis delves into notable companies from this elite group - Exxon Mobil Corp (XOM), Procter & Gamble Company (PG), and Chevron Corp (CVX). These firms stand out in the DJIA for their market dominance, financial health, and strategic positions in their respective industries. Continue reading...
You can keep your health costs down in retirement by frequently using preventative care, and working hard to stay healthy. You can also tame the costs by saving diligently in your retirement years, so that you have funds set aside for medical expenses. There is also the ability to purchase long-term care insurance, which can kick-in later in life when you have daily care needs. The insurance is often designed to pay out a certain dollar amount each day to pay for your care. Continue reading...
Facing life-threatening medical situations is daunting, but having a living will can ease some anxieties. Discover how this legal document empowers you to take control of your medical decisions, ensuring your wishes are respected even when you can't communicate them. Delve into the world of living wills and learn how they serve as a beacon of clarity in the complex realm of medical care. Continue reading...
Demystifying Medicare & Medicaid: Dive into the key differences between these essential U.S. healthcare programs. Learn eligibility criteria, coverage specifics, and how they interact. A must-read for navigating American healthcare! 🔍🩺 #Medicare #Medicaid #USHealthcare Continue reading...