7 latest facts about the Federal Financial Services Authority and financial assistance

As the summer began to become a memory, many families began to return to school. For some people, this is just a question of buying school supplies, but for high school third and fourth grade parents, this will bring a whole new world of worry about the university. Most importantly, they are worried about being able to pay all the fees. If you are a parent of a high school student who is eager to go to college, here are seven quick facts about financial aid that you need to know.

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Medical expenses are increasing year by year and their causes

In 2017, the cost of health care in the United States was $3.5 trillion. This makes healthcare one of the largest industries in the country. This is equivalent to 17.9% of GDP. In contrast, health care spent $27.2 billion in 1960, accounting for only 5% of GDP. In other words, the per capita medical cost in 2017 was $10,739, compared to $146 in 1960. Medical expenses are growing faster than average annual income. In 1960, health care spending accounted for 4% of income, compared to 6% in 2013.

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President Trump revised Obama's medical reform in five ways

On October 12, 2017, President Trump signed an executive order to amend Obama's medical reform in five ways. These changes took effect in January 2018.

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Four reasons for the need for health care reform

Medical reform requires four reasons. First, health care costs are skyrocketing. In 2011, the average cost of a family of four increased by 7.3% to $19,393. This is almost twice the cost of nine years ago. It is estimated that by 2030, the payroll tax will only account for 38% of medical insurance costs. The rest will lead to a federal budget deficit.

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Why the medical cost is so high?

The United States needs to reform health care because the cost is too high. Medical bankruptcy has affected as many as 2 million people. Rising medical costs threaten the entire federal budget. This makes the cost of preventive care unaffordable. This has led many low-income people into the emergency room, and the cost is even higher.

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Obama's medical reform summary and impact on you

Do you think Obama's medical reform will not affect you? Think again.

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Donald Trump on Healthcare

President Trump promised to reduce the cost of prescription drugs and abolish Obamacare. Although he did not successfully abolish the Affordable Care Act, he has greatly weakened the bill.

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10 basic health benefits of ACA

The “10 Basic Health Benefits” are services that all health insurance plans must provide to comply with the Affordable Care Act.

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Obama Health Care exemption: who avoided the ACA tax?

Obama's health care reform requires everyone to buy health insurance or pay taxes before 2019. As of that year, no one was required to participate in health insurance. Therefore, the Ministry of Health and Human Services no longer needs to provide a national exemption. The only one is someone over 30 who wants catastrophic insurance.

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Marginal tax rates and actual tax rates - what you need to know is...

This is an important topic that we will discuss in two articles. In this article, we will discuss the difference between the marginal tax rate and the actual tax rate.

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