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NBC news recently reported that sometimes it is cheaper to purchase prescription drugs by not using your health insurance. This phenomenon is a result of a practice called “clawback.” Pharmacy benefit managers handle the prescription drug part of your insurance plan. A “clawback” is when a benefit manager charges a copay that exceeds a drug’s cash […]

Anyone who knows me is aware of my concern that banks and credit card companies are gouging financially struggling families with crushingly high interest rates. Last Friday, the New York Times and the Washington Post ran stories that were very critical of the high interest rates charged by the banks, credit card companies and department stores. […]

It was predicted that this year’s big storms would result in as many as half a million flooded vehicles. The National Insurance Crime Bureau stated this week that nearly 270,000 insurance claims related to vehicle damage from Hurricane Harvey have been processed so far, and another 70,000 have been processed for Hurricane Irma. When insurance companies […]

You probably have already heard that hackers have stolen the identity information of 143 million Americans by hacking into the Equifax computer system. (Equifax is one of the three major credit reporting agencies along with Experian and Trans Union.) The information stolen included social security numbers, birthdates, addresses and a yet-to-be-determined number of driver’s license numbers. […]

Everyone has to see a new doctor occasionally for a number of reasons. It might be because your family doctor sends you to a specialist. Or, maybe your insurance changed to a new plan that doesn’t cover your current doctor anymore and you need to find a new one. Before you make an appointment with a […]

Have you applied for an ID NYC card? I encourage everyone to apply for one; it has some great benefits. Here are a few: Prescription Drug Discounts Big Apple Rx is the City of New York’s official prescription drug discount card. At almost every pharmacy across New York City, you can simply show the BIN and […]

Last month, the federal government took action against “credit repair” companies for falsely promising to improve credit scores and for charging illegal fees. The Columbus Dispatch – an Ohio newspaper – published the following story: “You’ve almost certainly seen or heard pitches for “credit repair” services promising to clean up your credit report problems, reduce your […]

Last Thursday, the Federal Communications Commission accused a Miami resident of flooding consumers with 96 million phone calls soliciting fake travel deals. The calls would appear to come from local numbers to entice people to pick up the calls. The FCC is proposing a $120 million dollar fine for what they describe as the worst “robo-sales-call” […]

These days I have been receiving more and more unwanted sales calls on my cell phone as well as on my home phone. I discovered the government has a program to help with this problem. Did you know that the Federal Trade Commission has created the National Do Not Call Registry to help consumers reduce these […]

If you are traveling this summer and plan on renting a car for your trip, I want you to be aware of the following ABC News story warning consumers about Payless Car Rental:   “The Better Business Bureau is issuing a nationwide warning to customers about Payless Car Rental, a major car rental company found at […]