Your Money: Dec. 21, 1998

Health Plans Are Pricier

Americans may get a sick feeling when they see how much health-insurance premiums will increase in a few weeks. While prices have barely risen in recent years, the average cost of health plans will go up 7% in 1999, thanks to money-losing managed-care companies and high drug prices. Some premiums may rise 20%, and the self-employed face jumps of up to 40%. One possible remedy: before the current open-enrollment season ends, earmark part of each paycheck for a tax-free medical savings account.

Your Own Social Security

Politicians in Washington last week discussed how to save Social Security,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!