Talking Points: Super Bowl, Medicare, Investors

Super Bowl, Medicare, Investors

The day after the Super Bowl is the #1 sick day every year and a third of all American workers believe it should be considered a national holiday. Fox 28 Spokane, February 1, 2019

Medicare’s prescription program, Part D, paid $32.5 billion for the top 50 prescribed drugs in 2016. If it had the option of negotiating directly with pharma companies (it’s now blocked by law from doing so) and got the same prices as the Veterans Administration, it would have paid $14.5 billion less. The Week, January 25, 2019

The average age of U.S. investors with $25 million or more is now 47, an 11-year drop since 2014. As of 2016, 172,000 households were worth at least $25 million, up from 84,000 in 2008. Money, January 23, 2019

“Success is having to worry about every damn thing in the world, except money.” Johnny Cash

The S&P 500 jumped 7.87% in January of 2019, its best January performance since 1987. CNBC, January, 31, 2019

New regulations in Saudi Arabia have ended the “secret divorce,” whereby men can end their marriages without their wives knowledge. Today, husbands are required to alert their wives by text message if they decide to divorce them. Newsweek, February 2, 2019

“In my country, the people can do as they like, although it often happens that they don’t like what they have done.” Winston Churchill

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