| Volume 78 Number 7 |
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The People’s Lawyer’s Tip of the Day
Have you been bothered by a door-to-door salesman? Under the law, you have three days to change your mind whenever you sign a contract negotiated in your home by a salesperson. The best advice is don't talk to any salesperson who shows up at you door. But if you make a mistake and get talked into a bad deal, the law gives you three days to cancel. Click here for more.
Report Finds Doctors Billing Medicare More
According to the report "Cracking the Codes," doctors have added over $11 billion to the cost of elderly patient care over the past decade by ignoring cheaper billing codes and using the more expensive alternatives. The practice, known as "upcoding," involves charging for more expensive and costly services than the value of the services rendered.
Medicare has been at the forefront of the presidential campaign. Although the program will likely remain, it will need to undergo some significant changes to be sustainable. The authors of the report suggest taking a close look at hospital and doctor medicare billing practices. What do you think?
To read about the report, Click here for more.
Choosing Your First Bank Account
Are you, a family member, or a friend planning to open a bank account? Whether you start your first bank account in high school, college, or later-life, choosing the right bank isn't as simple as it may seem. Researchers have found that a consumer's first banking relationship may very well be a long one. That's why it is important to make a good decision now, accounting for all the future potential fees and balancing the benefits and risks associated with each account.
If you or someone you know is planning to open his or her first bank account, Click here for more.
Your Money
How can you maximize your CD returns? Click here for more.
For the Lawyers
Debt collector cannot moot lawsuit. The Eleventh Circuit held that debt collectors could not moot consumer lawsuits against them merely by offering the full amount of statutory damages the plaintiffs were entitled to under federal law. Click here for more.