Search found 13111 matches

by dm200
Sun Oct 22, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Transfer Fee---Will this work?
Replies: 11
Views: 936

Re: Avoiding Transfer Fee---Will this work?

So I have direct deposit of my pay check into my Bank of America checking account. I have recently opened a savings account through Ally for better rates. I would like to put a portion of each check into the Ally account. My place of work won't do direct deposit into more than one account. Bank of ...
by dm200
Sun Oct 22, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Promissory note not signed
Replies: 6
Views: 701

Re: Promissory note not signed

I recently took an auto loan from a credit union about 2 months ago. Purchase of the sale went fine, and shortly after I received the first payment due notice. I went ahead and made the first payment. Since then I've received 2 letters notifying me that the promissory note was never signed, and it ...
by dm200
Sun Oct 22, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: Bought the new car, old car has issues driving off lot
Replies: 14
Views: 1294

Re: Bought the new car, old car has issues driving off lot

Maybe just a coincidence?

My son (who takes very good care of his car) had a similar experience on a 2014 Dodge. At first, he thought of all sorts of bad and evil things, but in the end it was almost certainly just a coincidence.
by dm200
Sun Oct 22, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Ready to make a change at work in salary but not sure about the order strategically
Replies: 9
Views: 1058

Re: Ready to make a change at work in salary but not sure about the order strategically

I recently am discovering that I’m being underpaid for my position by around 5k. I’m curious how you’ve discovered this. Do the positions all have a fixed compensation, or are they affected by seniority, skill, etc.? Don't know about the OP, but here is how I discovered it: At Company X: Priot to t...
by dm200
Sun Oct 22, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

Also, separately, is there a concise history of how the "donut hole" came about, anywhere? As I recall, this was a political compromise needed to get the Medicare Drug coverage bill passed. This "donut hole" reduced the cost of providng drug coverage and still provided significant drug benefits to ...
by dm200
Sun Oct 22, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2171

Re: Turning 65, and choosing not to take Medicare Part B

The likelihood that this private employer insurance will not last is very high. We eschewed employer supplemental coverage and sure enough it was gone within two years. My wife just managed to squeak into Medicare the year they simply deleted any health coverage for retirees under age 65. Is this f...
by dm200
Sun Oct 22, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: On selling home to a child
Replies: 25
Views: 1475

Re: On selling home to a child

I see no advantage for your child to enter into this arrangement and for me would be too risky towards my relationship with my child. 30 years rates are running about 3.75, you could get a better return in the market with less risk in my opinion. As others have pointed out mixing finances and famil...
by dm200
Sun Oct 22, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

I think that I am most concerned about the profit margins for medications that are vital and, unfortunately, often needed by those who can least afford them. I believe in responsible capitalism that respects the consumers. I don’t feel that exists when it come to pharmaceuticals. It is heartbreakin...
by dm200
Sun Oct 22, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

With a previous physician and insurance, I was taking 50 mg of a drug. Get the generic at the generic price. There were some supply problems with the generic. Then, I was charged much higher, and the pharmacist said I got the brand. OK, since no generic, why not lower price? He said their is a gener...
by dm200
Sun Oct 22, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: On selling home to a child
Replies: 25
Views: 1475

Re: On selling home to a child

Thanks for all your responses so far! As I mentioned in my original post, the sale is being planned for fair market value, at reasonable/prevailing interest rates on the loan. So, no gift in the picture. Fair point about charging a realtor's commission was raised in one of the responses. Fully agre...
by dm200
Sun Oct 22, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Ready to make a change at work in salary but not sure about the order strategically
Replies: 9
Views: 1058

Re: Ready to make a change at work in salary but not sure about the order strategically

I have been at my current role in great standing for a little over a year now and I recently am discovering that I’m being underpaid for my position by around 5k. It was always my plan to transfer internally to another role but im not sure when that will happen because it is dependent on the right ...
by dm200
Sat Oct 21, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

My cardiologist is adamant that his patients take the brand name Toprol rather than any of the generics. Go to this web site https://projects.propublica.org/docdollars/ and type in your cadiologist's name and state and see how much he/she received from the manufacturer of Toprol. I typed in the nam...
by dm200
Sat Oct 21, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

Why is the same drug available in Canada, manufactured by the same company, but at a third of the cost. If the pharma companies were not making a profit there, they would not sell there.
Good question..

I agree with the conclusion.
by dm200
Sat Oct 21, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

OK. I do agree that for true "generics" - it should not make any difference. Not sure your use of quotes is fair. Every generic approved to be sold in the US is a "true generic." That being said, you are exactly correct in that all generics do not react exactly the same in the body as the branded R...
by dm200
Sat Oct 21, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

As an example, Medicare will pay a family physician 34$ to clean ear wax out of a patients ear. An ENT, using the same instruments for the same job, is payed considerably more. Yes they have more training but really, they should be fairly paid for the procedure that other physicians are not trained...
by dm200
Sat Oct 21, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

mmcmonster wrote:
Sat Oct 21, 2017 3:20 pm
You should see the look on their eyes!!!
Not just in the "eyes" :)
by dm200
Sat Oct 21, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

With all due respect, I'd love to get down in the weeds. As far as I know, to be a certified generic in the US, the FDA requires the exact same active ingredients. Now, a manufacturer may change the non-active fillers, but those should have no medical effect. OK. I do agree that for true "generics"...
by dm200
Sat Oct 21, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: Turn fridge off when gone or leave it running?
Replies: 40
Views: 48102

Re: Turn fridge off when gone or leave it running?

A keypunch machine? I'll personally bet that he was wrong. A keypunch machine is highly electromechanical. I think it's a clear case of the other way around. If I recall correctly, as in an electric typewriter, there is a quiet hum of a motor that is running constantly... and probably needs a few d...
by dm200
Sat Oct 21, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

Interesting thread. I am a family physician and have gone through the process of pricing generic drugs for patients. When you buy them in bulk, as Walmart most certainly does, the cost is really pennies compared to what retail pharmacies charge. What looks like an awesome deal is simply a gimmick a...
by dm200
Sat Oct 21, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: On selling home to a child
Replies: 25
Views: 1475

Re: On selling home to a child

Assuming the child and spouse are qualified borrowers I don't see a whole lot of benefit for anyone to having the parents be the lender. Too many complications can arise that may be unanticipated or unlikely but possible. What if child loses job? What if child passes away? What if child becomes dis...
by dm200
Sat Oct 21, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: Questions for Landlords - How clean is clean?
Replies: 37
Views: 1995

Re: Questions for Landlords - How clean is clean?

House or apartment sharing can be "interesting". Many decades ago, before I was married, I shared several houses and on 2 occasions was the "lead" tenant for several houses with 2 or 3 others. The most "intersting" experience was the guy we thught would be OK (bad judgment), but we gave notice to le...
by dm200
Sat Oct 21, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: On selling home to a child
Replies: 25
Views: 1475

Re: On selling home to a child

Example of "family friction": My late father offered to refinance my brother and sister-in-law's mortgage at a favorable interest rate. They took him up on the offer and my father-in-law wanted and got a lien recorded for this mortgage. It turned out that my sister-in-law was "insulted" or "hurt" by...
by dm200
Sat Oct 21, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: On selling home to a child
Replies: 25
Views: 1475

Re: On selling home to a child

Questions: 1) Since this is a "seller financed" sale, where the parents are selling the house to the child on standard mortgage terms (reasonable interest rates, market value as the sale price, etc.), any thing else to look out for on this (assume no defaults)? 2) Other than down payment and fees i...
by dm200
Sat Oct 21, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: On selling home to a child
Replies: 25
Views: 1475

Re: On selling home to a child

Planning to involve a Realtor only for consultation/facilitation purposes (arranging for forms, home inspection/appraisal/title company for closing etc.). Since the buyer is already identified, there is no marketing/showing property etc. involved, so, will try to negotiate a fixed fee (say a couple...
by dm200
Sat Oct 21, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Questions for Landlords - How clean is clean?
Replies: 37
Views: 1995

Re: Questions for Landlords - How clean is clean?

I have a cousin whose wife (of 45+ years) seems to be like that. Apparently, among other things, she has him get up 30-45 minutes early each morning so they vacuum the carpets in the entire house first thing every morning.
by dm200
Sat Oct 21, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

Do they still have those $4 prescriptions ? I think it is a loss leader. People want to use 1 pharmacy, not several. So if they get their ____ for $4 a month, they will use the same pharmacy for the more expensive Rx's because they don't want to go all over town to pick them up. Yes - This friend, ...
by dm200
Sat Oct 21, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

Without getting into the medical weeds, while there are several "generic" versions, it is important to stay on the same "generic", if possible, and if the generic "version" changes, it is advised to have the Physician retest your levels, etc. I have decided to pay the $20/month and I know: 1. I am t...
by dm200
Sat Oct 21, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

OP, You are probably lucky that you have a generic drug. A relative uses Walmart with a Medicare drug plan D and takes several brand name meds (no generics available), which put her in the donut hole and cost enough to allow her to come out. Oh, yes - this drug (at $10/month - what I now pay) is ve...
by dm200
Sat Oct 21, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

Re: How does/can Walmart offer such inexpensive prescriptions?

I will hazard a guess. My understanding is that Walmart has low prices because it has low salaries for its employees, low benefits, buys stuff from China, etc. If it is losing money on prescriptions, it can make it up, probably, in other areas of the store. The theory might be that if people come i...
by dm200
Sat Oct 21, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 82
Views: 3852

How does/can Walmart offer such inexpensive prescriptions?

I have (in my opinion) a very good Medicare plan (medicare cost - like advantage - with drug coverage). I take a drug (will need to take for the rest of my life) and now pay $30 for a 90 day supply (refill US Mail). I see this same drug available at Walmart for much less (I have a friend who gets th...
by dm200
Sat Oct 21, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: Turn fridge off when gone or leave it running?
Replies: 40
Views: 48102

Re: Turn fridge off when gone or leave it running?

Hah! Reminds me of the endless discussions about whether it is better to turn a computer off when not in use or leave it running. Many years ago I worked for two scientists, each of whom had a PDP-11, and one of them was insistent that it not be turned off, ever. Based on an assumption that turning...
by dm200
Sat Oct 21, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2171

Re: Turning 65, and choosing not to take Medicare Part B

Are there many (any) employer "Retiree" health plans that do *not* require Medicare B for retirees who turn 65? Yes - federal government retirees have the choice. I know such retirees who have declined Part B and some who pay for it. One longtime friend, who studies these things to the ultimate, de...
by dm200
Sat Oct 21, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2171

Re: Turning 65, and choosing not to take Medicare Part B

Just be aware that due to a quirk in the law, retiree coverage does not qualify for an exemption to the Part B late enrollment penalty. While there are significant limits to what a company can do with a pension plan. There are no such limits on retiree health benefits. A company can and some have a...
by dm200
Sat Oct 21, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: Has the general public ever been correct about market crashes?
Replies: 40
Views: 2643

Re: Has the general public ever been correct about market crashes?

I have no idea or expertise in predicting the market - but I once saw an article by someone who had this view about market sentiment and the direction of the stock market. If everyone moves to the belief that the market will go up in the future, they will all put their money into the market - drivin...
by dm200
Sat Oct 21, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Questions for Landlords - How clean is clean?
Replies: 37
Views: 1995

Re: Questions for Landlords - How clean is clean?

Not a landlord, but I think your situation is a bit different than renting an apartment. While what you describe seems extreme, it is her house (and she lives in it with you) - so you either comply or find another place. Are you married? What if your spouse imposed the same "standards" and the landl...
by dm200
Fri Oct 20, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: do I need term life &AD&D insurance fr employer (single, no debt)
Replies: 8
Views: 347

Re: do I need term life &AD&D insurance fr employer (single, no debt)

AD&D is very inexpensive because it covers only very infrequent causes of death and dismemberment is rare.

I would not buy AD&D. In my opinion, AD&D is only useful to purchase if you are otherwise uninsurable for life insurance and, in that case, something is probably better than nothing.
by dm200
Fri Oct 20, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: New Home Owner Help
Replies: 8
Views: 431

Re: New Home Owner Help

I think you meant home warranty, not homeowners insurance which would never cover repairs like that.
Yes...
by dm200
Fri Oct 20, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2171

Re: Turning 65, and choosing not to take Medicare Part B

Federal FERS retirees with FEHB may elect Medicare B, but don't have to. DW will not take part B when she retires. We will be subject to IRMAA (income-related monthly adjustment amount) premiums which make part B quite expensive. Not a federal employee or federal retiree, but I know many such folks...
by dm200
Thu Oct 19, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Landscapers lack of a permit becomes my problem
Replies: 18
Views: 2054

Re: Landscapers lack of a permit becomes my problem

I wasn't clear. The exotic plants needed to be removed as per the city. It is a daily fine. It doesn't end but it hasn't started yet. I can't get a permit myself the landscaper has to fill out their section. I don't think anyone complained but this land is right next to a city owned baseball field ...
by dm200
Thu Oct 19, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 537

Re: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

Just because you can do something, does not mean you should do that something. Maybe bsteiner or some of our other resident estate and trust lawyers will comment. When you leave something directly to a spouse, you can not control who it goes to when they die. Beneficiary distributions of real and p...
by dm200
Thu Oct 19, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residency - how to handle health care?
Replies: 11
Views: 945

Re: Changing State Residency - how to handle health care?

Many plans affiliate with national networks. The first task is to see if suitable providers in your FL location are in-network for your current insurance plan. If there are not in-network providers in FL, the second step is to see if out-of-network care is covered or affordable. Most likely, everyt...
by dm200
Thu Oct 19, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: Landscapers lack of a permit becomes my problem
Replies: 18
Views: 2054

Re: Landscapers lack of a permit becomes my problem

Received a notice from an out of state city where I own some land. They are going to fine me a per day fee for a code violation. A few months ago a landscaper did some removal of exotic plants on this land.The city requires landscaper to get a permit before removal. So I call the landscaper and he ...
by dm200
Thu Oct 19, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Medicare Supplemental Premium
Replies: 2
Views: 276

Re: 2018 Medicare Supplemental Premium

Relative to the uncertain and costly prospects so many face with respect to health insurance, I am fortunate to have partly subsidized supplemental insurance from my former employer. I pay the full Medicare premium and about 35% of the supplemental premium I just received the 2018 figure and was ta...
by dm200
Thu Oct 19, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Finally a win for teachers!! [403(b) modified to add funds]
Replies: 33
Views: 2777

Re: Finally a win for teachers!!

in 2012 those vendors were removed from our "approved" list with no explanation given. as this occurred before (with no explanation given), will it occur again? (with no explanation given?) These are questions and not an accusation (because I do not know the facts, but am aware of certain common pr...
by dm200
Thu Oct 19, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residency - how to handle health care?
Replies: 11
Views: 945

Re: Changing State Residency - how to handle health care?

Hello all, I am moving to Florida from California. I will be officially in FL in November during the open enrollment period. I understand that when one applies during the open enrollment period the soonest one can get the new health plan is Jan 1, 2018. However I have need to see a specialist in No...
by dm200
Thu Oct 19, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Changing State Residency - how to handle health care?
Replies: 11
Views: 945

Re: Changing State Residency - how to handle health care?

Hello all, I am moving to Florida from California. I will be officially in FL in November during the open enrollment period. I understand that when one applies during the open enrollment period the soonest one can get the new health plan is Jan 1, 2018. However I have need to see a specialist in No...
by dm200
Thu Oct 19, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Am I paying too much for insurance?
Replies: 18
Views: 1719

Re: Am I paying too much for insurance?

When I was working I was too busy/harassed to think about trying to reduce specific expenses. Now that I'm retired, I'm trying to go through some of them. We live in Eastern Massachusetts. Our house is worth about $800,000. We have a 2007 Volvo and a 2012 Prius. Our net worth is around $5.8MM. Here...
by dm200
Thu Oct 19, 2017 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Investing in private companies
Replies: 31
Views: 1910

Re: Investing in private companies

I'm not getting this. I put my money into a partnership. That partnership then puts money into private company X. If private company X goes under, and if it had some debt, are the partnership partners' assets at risk? In your example, you are talking about me going to bank and getting a loan. I hav...
by dm200
Thu Oct 19, 2017 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Employer Benefits - Insurance Options, are these useful?
Replies: 17
Views: 902

Re: Employer Benefits - Insurance Options, are these useful?

So I will state - this works GREAT when we know a disability is going to occur. In this last case, we knew my spouse would be giving birth to our first kid - so naturally I opted to pay for the STD myself. However, without knowing of any disabilities - does Bogleheads think I should pay for these d...
by dm200
Wed Oct 18, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Benefits - Insurance Options, are these useful?
Replies: 17
Views: 902

Re: Employer Benefits - Insurance Options, are these useful?

I think I'm pretty set on these 3 optional insurances - seems Bogleheads agrees that these are not useful (at least for the price and my situation). So the last thing I will leave with is this question: My spouse's employer will pay for STD and LTD insurance coverage, HOWEVER - they give us the opt...