AARP finds costs up 41.5% in 5 years -- 3 times the rate of inflation. The industry faults the report for excluding generics.
This won't be a surprise to anyone who regularly fills a prescription: The price of name-brand drugs has risen 8.3% in the past year, far faster than the rate of inflation.
In a report (.pdf file) that looked at prices over five years, AARP found that prices for 207 name-brand drugs commonly taken by Medicare beneficiaries had increased 41.5% since 2004, compared with an inflation rate of 13.3%.
For people who take more than one prescription drug to treat chronic conditions, the impact can be substantial. A patient who regularly takes three name-brand drugs would have paid nearly $1,900 a year more in 2009 than in 2004. The report looked at retail prices of drugs, and many patients with insurance pay less.
New services make connecting on the go cheaper, but finding the right option isn't easy.
New competition in mobile broadband -- high-speed Internet access for laptops and other devices over a cellular network -- could lead to better deals for consumers, provided they can figure out what they need.
Companies are eagerly crowding the field to take advantage of consumers' desire to stay connected away from home, says Mike Jude, program manager for market research firm Frost & Sullivan.
Think etiquette doesn't count? Here's a refresher course for those who want to impress during client meetings or job interviews.
We live in a society that values speed and multitasking. Dining has devolved into something that needs to be checked off our to-do list, rather than an event with its own unique process and traditions.
- Bing: Worst table manners
Eating from a Styrofoam tray may be fine on our own time, but uber-casual dining habits can sometimes leave us at a disadvantage during a client meeting, formal event, or lunch interview. In this tight job market, here are a few quick and easy lessons on dining etiquette that can help young professionals stand out from the crowd.
You know how much to tip the pizza delivery guy, right? But how about the fishing guide, tour guide or tattoo artist?
How much do you tip a salmon fishing guide? Do you have to tip the coffee shop guy who takes your money after you've served yourself? How much do you tip a private yacht charter captain, particularly if he owns the boat?
It's not hard to guess how much to tip hairdressers, but do you tip the gal who washes your hair? How about if she gives you a head and neck massage as well?
- Bing: Cheap celebrity tippers
Everyone seems to have their hand out these days, so we've put together the following general guidelines to help you make sense out of when to tip dollars or cents.
Unemployed older workers can't find jobs, so they're applying for internships and competing with college students.
Internships aren't just for college students anymore, as older workers who have been laid off -- or are seeking a midlife career change -- apply for what were once considered entry-level positions.
- Bing:Find internships
A new survey by the employment website CareerBuilder shows that 23% of employers are seeing more applications from "experienced workers" (those with 10-plus years of experience) and "mature workers" (those over 50 years old).
It's no surprise that, as the economy struggles, employers are also planning to hire more interns than ever.
Proposed rule would eliminate do-over opportunity.
An obscure strategy that allows Social Security recipients to boost their income by repaying benefits received in earlier years and then claiming a bigger monthly check based on their older age may soon disappear. Kiplinger has learned that the Social Security Administration is moving to eliminate the so-called do-over strategy.
If the agency gets its way, the new rule could take effect within a few months.
Massive recall has consumers worried about bad eggs.
The latest food-safety crisis gives new meaning to the term "bad egg." Millions of eggs have been recalled by two Iowa companies after being linked to a nationwide salmonella outbreak.
Hillandale Farms issued a recall of eggs from two of its plants on Aug. 20, saying there have been laboratory-confirmed illnesses associated with the eggs. The announcement came just two days after Wright County Egg in Galt expanded its Aug. 13 recall to a total of 380 million eggs.
How can you tell if the eggs in your refrigerator are included in the recall? Here's what you should look for on the egg carton:
Lenders have tightened the rules, but crooks are finding new ways to steal, including identity theft.
The end of the real estate boom hasn't ended one unpleasant byproduct: mortgage fraud.
Attempts by lenders to tighten standards haven't ended fraud, but just forced crooks to find new schemes.
"There were plenty of opportunities for fraud on the way up and there are plenty on the way down," Clifford Rossi, a former chief credit officer at Citigroup and a teaching fellow at the University of Maryland, told Reuters, which did a special report on mortgage fraud.
|Tags:||foreclosurefraudhome buyinghome financinghomesidentity theftmortgagereverse mortgageTeresa Mears|
Copyright © 2014 Microsoft. All rights reserved.
ABOUT SMART SPENDING
LATEST BLOG POSTS
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'