01.18.23 Reining In Prescription Drug Costs / Defining Wealth

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 18 January 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

With the new year comes new health insurance deductibles, and many are feeling it when filling prescriptions. Learn why employer prescription plans are your frenemy - and what Mark Cuban is doing in the world of prescription medications. Also in this episode, what constitutes being wealthy? Clark discusses how people perceive and self-assess wealth in the U.S., knowing the difference between reality & headlines, and the role of lifestyle in determining wealth. Rx Costs: Segment 1 Ask Clark: Segment 2 Defining Wealth: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Mark Cuban’s Cost Plus Drugs Expands To Employers In Quest To Disrupt Big Pharma Will Mark Cuban's Prescription Company Really Save You Money? Clark.com Prescription Drugs How Investors Define 'Wealthy' Might Surprise You - Barron's Are You Rich? The Answer May Surprise You Fidelity Youth Account - Any Good? - Clark Howard Community Fidelity Youth Account Fidelity Investments Review 2022: Pros & Cons Best Homeowners Insurance Companies and Ones To Avoid Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This podcast is brought to you by Progressive.
0:02.7	Most of you aren't just listening right now,
0:04.7	you're driving, cleaning, and even exercising.
0:08.0	But what if you could be saving money
0:09.7	by switching to Progressive?
0:11.5	Drivers who save by switching save nearly $700 on average
0:15.0	and auto customers qualify for an average of seven discounts.
0:18.2	Multitask right now.
0:19.7	Quote today at progressive.com.
0:22.5	Progressive casualty insurance company and affiliates.
0:25.0	National average 12 month savings of $698
0:27.9	by new customers surveyed who save with Progressive between June 2021 and May 2022.
0:33.7	Potential savings will vary.
0:35.4	Discount's not available in all states and situations.
0:38.1	It's my pleasure to welcome you to the Clark Howard Show.
0:46.8	Our mission is to serve you and empower you
0:49.6	to make better financial decisions in your life.
0:53.0	With the new year comes, new health insurance deductibles,
0:57.2	Yuck, and many of us are feeling it when we fill prescriptions.
1:02.2	I have some good news to share with you on that front.
1:05.1	Also, a lot of talk about being rich or being poor.
1:10.3	There's even a new term that the United States may not be
	...

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