BuffaloWeather

By the time you need long term care insurance, the premiums are for the wealthy only. Do you have information on your daughters exemption? It might have been a one off type of deal. I have never heard of something like that. Was she considered disabled at the time? https://www.health.ny.gov/publications/0548/medicaid.htm Medicaid is a program for low-income persons whose income and/or resources are below certain levels. Eligible populations include children, pregnant women, single individuals, families and individuals certified blind or certified disabled. In addition, persons with medical bills may be eligible for Medicaid even if their income and resources are above the allowable Medicaid income levels. Medicaid income and resource levels generally change on January 1 of each year. Only certified blind individuals, certified disabled individuals, and individuals over 65 have a resource test. Children and families may be eligible for Child Health Plus or Family Health Plus if they are not eligible for Medicaid.

https://www.motherjones.com/politics/2010/01/wall-street-bailout-executive-compensation/ The government has more honor then Corporate America.

19 deaths in 727 cases in Erie county. 2.61% rate.

Have to keep your mouth shut I guess. https://www.nbcnews.com/news/military/navy-expected-relieve-captain-who-raised-alarm-about-covid-19-n1175351

Yeah my buddys wife called 300 times yesterday and just nothing...Hopefully you can just do it online and not get the error message like she did. I'm assuming you'll be fine if you're already in the system.

My wife got her check today, the $600 is not there yet. Her best friend got laid off to and filed online with no issue. But a few people she knows that were also laid off are unable to get a hold of anyone on the phone. The website was not working and said to finish the application by phone. Many of these people are going to have no income coming in for several weeks at the very least.

Mortality rate up to 5.14% globally. 2.42% in USA.

Someone traveling there from another country I would presume.

Don't want to chime in on the earlier posts, but a lot of bad information. I'm licensed in NYS for life, accident, and health insurance. Medicaid is for poor people, Medicare is available for those 65+ and doesn't cover all expenses related to health care. (Usually 80%) Nursing homes aren't covered or assisted living. You need long term care insurance for that. You can pay extra premiums for assisted living I believe, but not nursing homes. The premiums can be expensive. Long term care insurance is EXTREMELY expensive. Medicaid has a 5 year look back period of all income/property exchange. The state tracks EVERYTHING you own or have owned and can penalize you if you start giving stuff away when you start to get sick to protect your assets. I've seen peoples entire life savings evaporated by medical expenses. This is why trusts and transfer of assets should begin long before you get too old or sick. The medicaid limits are below: In regards to Medicare which usually only covers part A. This link below describes what you get when you turn 65 automatically. https://www.aarp.org/health/medicare-insurance/info-01-2011/understanding_medicare_the_plans.html Part A: When you apply for Medicare, you will automatically be enrolled in Part A. It covers hospital stays, hospice care and some skilled nursing care that you may need after being hospitalized for a stroke, a broken hip or other episodes that require rehabilitation in a nursing home or other facility so you can get back on your feet. Part B: (COST EXTRA) This part of Medicare covers doctor visits, lab tests, diagnostic screenings, medical equipment, ambulance transportation and other outpatient services. Unlike Part A, Part B involves more costs, and you may want to defer signing up for Part B if you are still working and have insurance through your job or are covered by your spouse’s health plan. But if you don’t have other insurance and don’t sign up for Part B when you first enroll in Medicare, you’ll likely have to pay a higher monthly premium for as long as you’re in the program. Part C: (COST EXTRA) If original Medicare is a buffet, Part C is more like a sit-down meal since a private insurer bundles together parts A and B and most likely D into one comprehensive plan. If you decide on a Medicare Advantage — or MA — plan, you’ll still have to enroll in parts A and B and pay the Part B premium. Then, in addition, you will have to choose a Medicare Advantage plan and sign with a private insurer. Part D: (COST EXTRA) This is the part of Medicare that pays for some of your prescription drugs. You buy a Part D plan through a private insurer. Each generally has some premiums and other out-of-pocket costs, either flat copays for each medication or a percentage of the prescription costs. They also may have an annual deductible.

The average senator salary is 174k a year. Combined they're worth 500 million.

Martha Stewart did time, think she will? https://www.wsj.com/articles/senator-reports-1-4-million-in-stock-trades-during-coronavirus-panic-11585710022 She's the richest person in congress and her husband is chairman of the New York Stock Exchange. I wonder how they made so much money?

Yeah the majority of the time it is a gamble. But when you see the entire world shutting down due to a virus it's quite an easy position to short stocks. They're all going down. In essence, it should be considered insider information. You're basically guaranteed a profit. I'm not allowed to trade in options or margins unless I notify my administrator as I work in managing clients accounts.

Us deaths already over a 1,000 today. https://www.worldometers.info/coronavirus/

I guess my point is every human should not have to go bankrupt or be in massive debt due to an illness, disease, or accident. That's all I ask. I'll end it there and get back on topic with the virus.

Yes, but the main point is you can make a ton of money in a down economy by shorting stocks. When things are falling as quickly as they have, you can make a **** load. It shouldn't be possible in an pandemic to make that kind of money...You basically are guaranteed that the economy is going to go down and thus take advantage of otherwise "insider information" to benefit greatly from a bad situation.

People that work in restaurants don't get health insurance, people who are self employed many times don't have it due to the costs, many part time employees that work 2-3 jobs don't even get offered it. These are some of the 28 million. They still make a decent living but to receive insurance on their own as their employee won't subsidize it, it makes it impossible to pay the rest of their essential bills. I know medicaid pays for the VERY poor people of this country. But many people work extremely hard and still don't get offered insurance. My mom was a waitress for 20 years raising us, and never got offered health insurance.

Is funny to me how I'm listening to this interview with Pence and Trump talking about how nobody should be responsible for covering the costs of Coronavirus. We are currently at the mercy of the medical insurance industry to waive the costs. It looks like Cigna, Aetna, and Humana have said they would waive all fees associated with the virus and they "encourage" other companies to follow suite. All the while 28 million people are uninsured and if they get cancer or break a leg, well screw them... They basically just admitted that democrats are correct in that medical care is a human right.

Things like this shouldn't exist. https://www.cnn.com/2020/03/31/investing/short-sellers-market-coronavirus/index.html Ackman recently disclosed in a shareholder letter to investors in his Pershing Square Capital Management funds that he made $2.6 billion as stocks fell.

Yeah, everyone is in a different situation. You should always have at least a 6 month emergency fund for situations like we have now. Also should pay off any high interest rate debt. Then after this look into investing. Dollar cost averaging usually works in the long run for people that are not too risky. But I always try to up my contributions when the stock market drops if I am able to. The definition of a recession is negative GDP for 2 quarters, a depression is negative GDP for 6 quarters. I think we will be pretty close to a depression by the end of this. 2008 was titled "The Great Recession". https://www.thebalance.com/us-gdp-by-year-3305543

I'm raising my contribution. Everything is at a discount. (If you can afford it)

Mortality rate up to 5.01% Only those above 100.4 fever are getting tested. (In the USA) Not sure what the data is for the rest of the world. So that rate is based on that data.

BREAKING: City of Toronto bans all public events until June 30.

865 deaths in the U.S. today, per Johns Hopkins.

Mortality rate is spiking today, nearly at 5% now. Tomorrow we will likely be at 1 million cases and around 50k deaths. https://www.worldometers.info/coronavirus/