Companion Life Insurance Co fined by Insurance Commissioner

Insurance Commissioner Karen Weldin Stewart recently announced she has fined Companion Life Insurance Co. $487,000 for violations of Delaware’s insurance code, including misrepresenting its limited benefit and short term health insurance plans as compliant with the Affordable Care Act.

The fine results from a market conduct examination of Companion conducted earlier this year by Delaware Insurance Department examiners following complaints from Delaware consumers. Companion, a South Carolina company, entered into a Stipulation and Consent Order agreement with the department Nov. 2, in which the company admitted to multiple code violations, including failure to provide consumers with pertinent information relating to plan coverage and failure to conduct periodic audits of the operations of two third-party administrators employed by Companion.

The examination revealed that 242 Delaware consumers had purchased noncompliant plans from Companion. One hundred forty-five policyholders chose to terminate their plans, and Companion refunded premiums totaling $18,008.99. Some consumers chose to keep the policies as a stop-gap measure.

“Consumers have to be careful when choosing a health insurance plan online,” said Stewart. “The different plans can be confusing and some do not comply with ACA requirements. Before you purchase a policy, please visit InsurancePricedRight.com to connect with ACA-approved health navigators who can provide you with free help in picking a plan that’s right for you.”


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Dallas equity firm sued by homeowners

Four black homeowners in the state of New York filed a federal suit against the Dallas-based equity firm Lone Star Funds. The federal suit also targets the United States Department of Housing and Urban Development (HUD). The plaintiffs allege that Lone Star Funds pushed them towards foreclosure by misleading them about their mortgages.

One of the plaintiffs, 53-year-old Joseph Washington of Queens, told a federal court that Lone Star’s mortgage servicer, Irving-based Caliber Home Loans, would call him multiple times each day, threatening foreclosure and pressuring him to accept an unfavorable change to his loan.

Caliber Home Loans has denounced the lawsuit, saying it was “without merit”.

“Caliber is committed to treating all borrowers fairly, to helping families stay in their homes where it is feasible, and has complied with all [Federal Housing Administration-mandated] servicing requirements,” stated Marion McDougall, Caliber Home Loans’ head of servicing.

Since the financial crisis of 2007-08, the HUD has been selling insured delinquent mortgages to private investors, typically private equity funds and hedge funds, which then collect monthly payments. The federal suit alleges that private investors provide fewer protections to homeowners who fall behind on their mortgage payments, leading to higher rates of foreclosure.

The federal suit also alleges that the sale of delinquent mortgages to private investors disproportionately harms black families because their share of government-insured mortgages in New York City is higher than that of white families.

The four homeowners—who want to turn their complaint into a class-action suit—allege that Caliber Home Loans:

  1. Falsely told homeowners when it acquired their loans that the transfer wouldn’t change the terms of their mortgages.
  2. Lied to homeowners by stating that it didn’t offer a type of loan modification that would make payments affordable long term.
  3. Violated federal law by refusing to review homeowners for loan modifications.

Lone Star Funds is one of the top buyers of distressed mortgages sold by the HUD, and has purchased over a fifth of the at-risk loans auctioned by the HUD in national or regional bundles over a span of four years.

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4 health care trends that won’t go away, no matter who’s president

The more things change, the more they stay the same. Photo: Getty Images.

Repeal? Replace? It’s anyone’s guess. The one thing we can be certain about following this election is more changes are coming to health care and, as usual, employers will need to adapt. But regardless of what happens in Congress, what President Trump or Speaker Ryan propose, or who is the new head of CMS, my money is on some things staying exactly the same. Our employer-based health care system is not going away. I speak to a lot of health care leaders every day, and getting out my crystal ball, here are five health care trends I don’t see abating any time soon. With the right strategies, benefits professionals can stay ahead of the curve in trying to manage costs and quality in these turbulent times.

1. High deductible plans and cost sharing are here to stay. If anything, the new leadership’s plans place even greater reliance on HSAs. Most of us have already been getting our employees used to cost sharing, and this trend is expected to continue and even accelerate. But just offering high deductible plans is equivalent to throwing your employees into the deep end of the pool; several studies show employees don’t often shop around and do often skip needed care. Our own research last summer found that 42 percent of employees believe they don’t have the information they need to make important medical decisions. We want them to spend their money (and yours) wisely and go to high quality providers to get the care they need (and not care they don’t need). To accomplish this, savvy employers must continue to turn to strategies like partnerships with organizations that offer consumer education and navigation. We want our employees shopping around based on cost, but also based on quality.

2. Transparency will be huge. It has been a cornerstone of President-elect Trump’s health care policy platform since the beginning.  And yet, we know from studies that very few employees who are offered price transparency tools actually use them. That is because price information alone is befuddling; it doesn’t help employees understand what care they need or who is the right doctor given their condition; and they’ve never been engaged consumers before. For these reasons, savvy benefits professionals will pair transparency tools with other tools or coaches who serve as a medical ally and help with consumer navigation.

3. A small percent of employees will always account for most of your spending. This mathematical fact isn’t going away, no matter who is in the Oval Office, so employers need a strategy to address the fact that 1.2 percent of employees typically account for 31 percent of employer health care spending. The name of the game here is intervention with your employees that have high cost conditions. In this realm, programs like surgical decision support, second opinion services, and shared-decision making can help ensure these employees choose better providers, and high-quality treatment options that are appropriate. Otherwise you may end up spending a fortune on spinal fusion surgery for an employee who really only needs physical therapy. Our own research has found, for example, a company can reap $5.6 million in direct savings if just a few hundred employees participate in surgical decision support for conditions that have huge variation in cost and quality. And when you are certain employees need that surgery, a strategy like reference pricing can help ensure they see a high quality, yet affordable, provider.

With the results of the 2016 election now in the record books, Congress and the president are set to engage,…

4. The march toward paying for value will continue. Part of the ACA may be repealed, but Republicans and Democrats alike agree on “MACRA,” which changes the way Medicare pays doctors by tying reimbursement to quality. What this means is that the commercial insurance sector will continue to follow suit, and we will continue to hear about “paying for value, not volume in health care.” Benefits professionals can get the most out of this trend — payment reform — by implanting benefit designs that pair well with payment reform. The nonprofit Catalyst for Payment Reform offers some great insights. For example, your benefit design and related services can encourage employees to have surgery at Centers of Excellence where the quality of care is better (and providers are paid based on value).

It is indeed time of great change, but as the old adage goes, the more things change, the more they stay the same. Health care costs will continue to rise, and quality will continue to lag and vary from provider to provider. As always, our challenge is to get employees more engaged in the process to steer them toward the care that is highest quality and most efficient. We want them to be consumers, but they can’t do that on their own. They need the right benefit design but also the right support and related programs and to help them understand and get there.

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What salary do you need to afford a home in your city?

How does your city rate in terms of home affordability? A recent report by HSH.com determined the salary families would need to make in 27 metro areas in order to afford the local median home price.

The study assumed a down payment of 20% and operated under the standard that a monthly mortgage payment shouldn’t exceed 28% of the borrower’s income, according to the Huffington Post.

San Francisco residents need the highest salary if they want to afford a home, according to HSH.com. In the San Francisco metro area, a buyer with a 20% down payment would need to make $162,000 a year to afford payments on a median-priced home.

Pittsburgh, Penn., meanwhile, was most affordable; homebuyers there could meet their mortgage payments with only a $32,400 salary.

HSH.com found that home prices have gone up since the first quarter in every metro area surveyed except for Tampa, Orlando and Miami. Nationally, the median home price was $240,700, about a 10% increase from the first quarter.

Top 10 most affordable cities

Metro area Median home price Salary needed
Pittsburgh $140,500 $32,390.09
Cleveland $138,100 $34,433.95
Cincinnati $160,600 $37,179.18
St. Louis $170,300 $38,131.22
Detroit $164,200 $38,541.83
Atlanta $192,000 $40,092.12
Phoenix $234,700 $44,715.99
Tampa $199,900 $44,874.70
San Antonio $210,500 $48,752.98
Orlando $223,000 $49,382.26

Top 10 least affordable cities

Metro area Median home price Salary needed
San Francisco $885,600 $161,947.60
San Diego $589,900 $109,440.97
Los Angeles $480,000 $92,091.89
Boston $435,800 $87,556.61
New York City $395,400 $86,215.44
Seattle $420,500 $82,670.73
Washington, D.C. $406,900 $81,940.22
Denver $394,400 $72,847.39
Portland, Oregon $356,700 $70,613.37
Sacramento $323,700 $65,362.63
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Many hear the siren song of retirement on the high seas

Some retirees are using their retirement savings not for assisted living but to live on a cruise ship. (Photo: AP)

It may not be what you thought of as retirement, but some people are all at sea once they leave the workplace.

In a good way, that is. A BBC report looked at some sprightly folks who are spending their golden years chasing a farther shore, having downsized or sold their homes altogether and either rented or purchased passage on a cruise ship in favor of visiting ports of call rather than puttering in their gardens.

In fact, cruising has tempted some 24 million passengers expected to board ship this year around the world; 10 years ago, the number was just 15 million, according to the Washington, DC-based Cruise Lines International Association. And 12 million of them are 50 or older, with a small portion of that group making the ship either a second or a permanent home.

Here’s a list of the 10 best places in the world to retire, and although the strong dollar is responsible…

If the idea sounds mad, it isn’t—for those who love cruising. In fact, it can be cheaper than a berth in an assisted living facility.

However, A Place for Mom, which helps families find senior care, disagreed in a 2015 blog post, saying that it’s not necessarily true that a cruise ship can provide cheaper living quarters than assisted living facilities.

But then, what assisted living facility offers the lure of pampering and adventure?

And this past summer a CNBC report cited a study published by the Journal of the American Geriatrics Society that said, “when considered over a 20-year span, ‘cruises were comparably priced to assisted living centers and offered a better quality of life,’” although it conceded that “land-based assisted living can vary greatly by facility, location and needs.”

Some of the stats provided by CNBC included the cost of an average reservation on Princess Cruises of $135 per day with long-term and senior discounts, not including medical care or excursions.

Compare that with LongtermCare.gov’s figures of about $229 daily for a private room in a nursing home and $3,293 per month for a one-bedroom in an assisted living facility—or HelpGuide.org’s $1,500–$3,500-per-month charge for a place in an independent living or retirement community.

Cited in the article was Geraldine Ree, a senior vice president of Expedia Cruise Ship Centers, a travel agency specializing in cruises, who said that about 2 percent of the company’s cruise bookings are for 180 days or more, with the majority of those cruisers being retirees.

Then there’s the pamper factor. No cooking, no cleaning, staff to wait on one hand and foot, pools, Jacuzzis, fitness centers, entertainment and those exotic ports of call: what’s not to like? And some companies are actually building cruise ships designed for permanent or long-term residence, such as Crystal Cruises—although their ships are not designed for retirees on a budget.

But it’s not a choice for the faint of heart—literally. One drawback of trying to live out one’s retirement on the bounding main is the lack of specialized geriatric or other medical care, should it become necessary. Evacuation in the event of a medical emergency isn’t cheap or easy, and there’s the need for evacuation insurance—also not a bargain item.

Still, if you’re prepared to spend your time in close quarters and have the money—and the determination—to make it work, the world could be your oyster in retirement. Literally.

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The Many Ways to Be Relieved of Your Timeshare Obligations

While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled.  In fact, most timeshare companies maintain that their contracts are non – cancellable.  This  misconception is perpetuated by timeshare companies and user groups that are funded, maintained and controlled by the timeshare industry.

The truth of the matter is, that under the law, contracts are cancellable for a variety of reasons, including fraud and mistake.

Moreover,  a person who is burdened by the obligations of a contract may “terminate”  it and no longer be bound by the contract for reasons other than breach.

“Cancellation” occurs when either party puts an end to the contract for breach by the other and its effect is the same as that of ‘termination’ except that the canceling party also retains any remedy for breach of the whole contract or any unperformed balance.”  Uniform Commercial Code 2106(4); see     13 Corbin (Rev. ed.), §73.2; 13 Am.Jur.2d (2000 ed.)

“Termination” occurs when either party, pursuant to a power created by agreement or by law, puts an end to the contract otherwise than for its breach. Uniform Commercial Code sec. 2106 (3)

Since it is the law of the land, that a breach of contract by a party to the contract may result in the other party being released from their obligations under the contract, the notion that one is forever bound by a timeshare contract is erroneous as a matter of law.

The purpose of this article is to provide a ray of hope to those timeshare owners who are no longer interested in being tied to their timeshare and its lifetime of financial obligations.

To start, when you first purchase your timeshare,  most states have a rescission, or “cooling off,” period during which timeshare buyers may cancel their contracts and have their deposit returned. This is know as the “right of rescission.”

Once this period expires, however, most timeshare companies will have you believe that their contract is non – cancellable and you are thereafter bound in perpetuity to pay the ever increasing maintenance fees that go along with timeshare ownership.

Moreover, the proponents of timeshare ownership would have you believe  that once the initial “right of rescission” expires the only legal way to end timeshare contracts involve a transfer of ownership whether by selling, donating or giving it away.

In fact, most timeshare user groups and virtually all timeshare companies want you to believe that under no circumstances will a timeshare company voluntarily take back their timeshare.  This again, is not true.

What is true is that most timeshare companies will not willingly take back their timeshare. As will be seen below, when faced with litigation or the potential of litigation, many timeshare companies will in fact either take back their timeshare or simply agree to release the timeshare owner from any future liability in connection with the timeshare contract.

Before I discuss the latest developments in cancelling a timeshare, I’d like to devote a little time to the more traditional means of cancelling or getting rid of an unwanted timeshare.

As mentioned above, the traditional means of ridding oneself of an unwanted timeshare is through a sale, donation or transfer.

On the subject of selling a timeshare, many unwary timeshare owners seeking to rid themselves of their timeshare fall pray to listing companies that propose to list their timeshare for sale. Such companies have been under investigation by state Attorney General’s  for fraudulent and deceptive practices and a proposed timeshare seller wishing to sell his or her timeshare obligation should first consider selling their timeshare by listing it on sites like eBay or Craigslist.

Other options are to list it through the developer, if the developer handles re-sales, or through a timeshare resale broker. One thing the proposed timeshare seller should not do is pay an advance fee for the sale of their timeshare. It is these advance fee practices that have fallen under the scrutiny of state Attorney Generals.

Another frequently discussed solution to the problem of how to be released from your timeshare’s financial burdens,  is to donate the timeshare. Where there once were a number of organizations that accept deeded-timeshare donations, with the ever increasing burden of maintenance fees which seem to go up every year, such organizations are a vanishing breed.

Transferring ownership to a third party who will merely take over the yearly maintenance obligations is another “exit strategy.”  These persons, however, won’t pay you for the timeshare and in many cases the timeshare company will simply refuse to recognize the transfer or alternatively impose onerous resort transfer fees making the transfer to a third party prohibitive for those faced with financial difficulties.

In recent years, however, new techniques pioneered by real estate attorney’s who specialize in timeshare litigation have emerged. These techniques reached their ultimate fruition in a series of lawsuits filed in California on behalf of a group of timeshare owners who wanted nothing more than the complete release, termination and cancellation of their timeshare interests.

Other similar actions have followed, all seeking cancellation and termination of timeshare interests for the type of fraudulent and deceptive conduct that is frequently utilized by timeshare sales people to induce unwitting potential owners to sign on the dotted line.

Such conduct includes the following representations, typically made at the time the timeshare was sold:

  • That the timeshare interest purchased would appreciate and increase resale price and value over time.
  • That the timeshare interest purchased could be freely exchanged, transferred and sold.
  • That the timeshare interest purchased was a financial investment.
  • That the timeshare interest purchased would result in the purchaser receiving booking priority over non – purchasing vacationers wishing to stay at one or more of the properties owned and/or maintained by the defendant.

As a result of the filing of such actions, timeshare companies have become much more amenable to releasing timeshare owners from their timeshare obligations even without resort to litigation.

In order to avail yourself of such a solution, you should retain an attorney familiar with  timeshare laws and the various techniques for terminating a timeshare contract.

In sum, do not believe the naysayers who tell you that it is impossible to get out of a timeshare contract.  Should you be the victim of one or more of the foregoing misrepresentations, you too may be able to cancel your timeshare contract.

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Why People Choose to Go Low-Carb for Weight Loss

Now more than ever, cutting carbs is the first thing many people do when embarking on a weight-loss plan. But does this strategy work? And, does it matter what kind of carbs you take in?

3 CLAIMS FOR WHY LOW-CARB WORKS (AND, ARE THEY TRUE?)

There is no common consensus as to why a low-carb eating plan can help with weight loss. Here is a quick-and-dirty summary for why some claim that low-carb eating can help you shed pounds:

1. Carbohydrates trigger insulin to enhance your body’s fat-storing ability.

During digestion, carbohydrates are absorbed into the bloodstream as glucose (aka blood sugar). In response, your pancreas produces insulin, a hormone that opens the door to your body’s cells, allowing glucose to get inside. This is important because your body tissues and organs (especially your brain!) use glucose for fuel. Insulin is stimulated by the food we eat in varying degrees, and carbohydrates stimulate insulin more than any other macronutrient. Protein stimulates insulin to a lesser extent, but fat doesn’t stimulate insulin at all.

What does this mean for weight loss? The release of insulin after a high-carb meal signals a shutdown of fat burning while the body uses the glucose from the carbohydrates for energy. This mechanism is what fuels the low-carb debate. Except there’s one problem. The notion that stimulating less insulin so you can burn fat doesn’t pan out in the research. The problem with this claim is that you’re always burning fat at rest, and, depending on your intensity, during exercise, too. Insulin’s effect on fat burning only occurs after a meal. A number of factors more directly affect your body-fat composition than insulin. This includes energy balance (how many calories you eat versus how much exercise you get), strength training, hormonal factors and genetics.

2. Low-carbohydrate foods help control cravings.

This claim definitely has some meat to it. It’s something I say to my clients all the time: The more sugar you eat, the more sugar you want. Cutting back on sugary sweets and refined carbohydrates can help decrease your cravings for them over time. But, an even more effective (and easier!) strategy is to eat more protein. Studies show that protein helps you feel full for longer periods of time, which can reduce food intake overall and even reduce cravings. In fact, one study showed that eating a high-protein breakfast (40% protein) caused a decrease in food cravings and late-night snacking. This appetite-controlling effect is seen without purposely limiting calories, allowing you to feel full on less food.

3. It takes more energy (aka calories) to digest protein.

This claim is also true. Similar to its satiating effects, protein also increases your energy expenditure. It does this by something called the thermic effect of food. All foods require energy to digest, and protein uses up the most. It takes about 20–35% of the calories in protein-rich foods just to digest it. Depending on your protein intake, this can amount to a significant calorie savings each day. The potential danger of eating too much protein is that it can be taxing on your kidneys.

So what’s really behind the weight loss seen on a low-carb diet? It’s likely a combination of factors, including the ones mentioned above. Additionally, when someone undergoes a lower-carb eating plan they may choose more quality carbohydrates (e.g., fruit, veggies, whole-grains) in lieu of refined carbohydrates (e.g., white bread, sweets, pasta).

RECOMMENDATIONS FOR EATING LOW-CARB

If your weight struggle centers around cravings for too many sugary snacks and other refined carbohydrates, a low-carb, high-protein diet may be effective for you. Increasing protein while limiting refined carbohydrates and sweets can help increase satiety and thwart cravings. If you do choose to follow a lower-carb eating plan for weight loss, here are three things to consider:

1. Focus on food quality.

Before getting started, take a good look at your overall diet quality and find areas where you can make an upgrade. Switch to nutritious protein sources like lean cuts of meats and poultry; fish and seafood; low-fat dairy and eggs. Seek out rich sources of omega-3 fats like salmon, sardines, flaxseed and walnuts. Enjoy plant-based fats like avocado, nuts, seeds and olive oil. Limit your intake of fried and highly processed foods. Increase your vegetable intake, and make sure to get some leafy greens every day. And don’t forget about fermented foods! One or two servings per day of low-sugar yogurt, tempeh, sauerkraut or kimchi can help balance your gut bacteria.

2. Watch your protein sizes.

For improved portion control, try practicing the plate method. Strive to make half your plate leafy greens and vegetables. Then balance the remaining half with lean protein, healthy fats and high-fiber carbohydrates like beans, quinoa or berries.

3. Choose higher-quality carbohydrates.

It’s not necessary to completely avoid carbohydrates while on a lower-carb diet. Start by reducing or eliminating highly refined carbohydrates (e.g., white flour, white bread, snack foods) and sugar (e.g., soda, candy, sugary cereals). Then, begin increasing high-fiber foods like leafy greens, vegetables, low-sugar fruits, whole grains and beans. Getting enough fiber is super-important for weight loss while on a low-carb diet. It’s not only essential for optimal digestive tract health (yup, it keeps you “regular”), but it also helps slow the release of carbohydrates into your bloodstream. This effect helps to stabilize blood sugar levels and keep your appetite (and those sugar cravings!) under control.

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Mortgage applications slipped ahead of Fed decision

Mortgage applications slipped ahead of Fed decision
New mortgage applications were lower in the week ending September 16 as potential buyers awaited the interest rate decision from the Fed.

The Mortgage Bankers’ Association’s index showed a 7.3 per cent decrease in applications compared to the previous week on a seasonally-adjusted basis but it was up 15 per cent on an unadjusted basis.

The refinance index was down 8 per cent while the purchase index fell 7 per cent on an adjusted basis. The share of refinance loan applications increased to 63.1 per cent from 62.9 per cent a week earlier.

Maryland sales see sharp turnaround
Sales of homes in Maryland have rebounded, rising 12.1 per cent in August compared to a year earlier, following weaker sales in July.

The Maryland Association of sold 7,861 homes in the month and while there was still some weakness in rural areas much of the state saw some strong gains.

“We are pleasantly surprised by the boost in homes sales in August,” said MAR President Bonnie Casper. Casper added, “Homebuyers were very engaged in the market despite the fact that we are still in the summer months. This level of sales activity and pending units in what is traditionally a slow month for real estate signals a robust autumn market.”

Frederick County led the gains with a 28.3 per cent rise in sales year-over-year with Charles County (27.6 per cent) and Calvert County (25 per cent) not far behind.

Median price was up 4.1 per cent year-over-year to $278,578 while average sales price rose 2.5 per cent to $321,341.

Builders warn that flood program change could impact new home cost
Proposals to change the National Flood Insurance Program being urged by the National Marine Fisheries Service could have a negative impact on the cost of new homes.

The National Association of Home Builders is urging Congress to oppose measures for the “inappropriate use of the Endangered Species Act” which it says would force a series of regulations that would restrict the use of certain land for home building.
Realtors
The changes would damage housing affordability and economies in affected flood plain areas and NAHB says that the original intent of the program should not be altered by the NMFS proposals to protect endangered species.

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Dieting Tips – Do you have cheat days?

You’ve committed to eating healthy. You want to look and feel great, and you’ve stuck to your diet an entire week already. You feel good about how you’ve done and think you deserve a gold star… or that cupcake that’s calling your name (especially the one with the extra layer of frosting on top). Maybe you even think you deserve a day off—a designated “cheat day.”

But are “cheat days” a good idea? Do these special days of indulgence help you reach your health goals? Or do they set you up on a seesaw of destructive eating habits?

The Argument for Cheat Days: Rewarding Yourself

Some say that giving yourself days of indulgence is giving yourself a needed break from your diet. These cheat days are a relief valve that help you stick to healthier foods.

The philosophy behind this basically goes something like this: Healthy eating requires some willpower—willpower you’ve used to keep yourself from forbidden foods—so to reward your constraint, it helps to have one scheduled day (or meal) per week where you’re allowed to eat some of the treats you’ve been avoiding. When you give yourself a window to enjoy these off-limit foods, it’ll satisfy your cravings, replenish your depleted willpower, and, some studies suggest, even increase your production of the hunger-dampening hormone leptin while boosting metabolism.

The Argument Against Cheat Days

So cheat days sound like a good thing, right? Not so fast. The the logic behind these days has more than a few flaws, and it’s due to the psychology and physiology behind them.

The Name Is to Blame

The trouble with cheat days starts with the wording.

“The very phrase ‘cheat day’ sets up enjoying a meal as something forbidden,” says Sondra Kronberg, R.D., executive director of the Eating Disorder Treatment Collaborative. “Separating foods into ‘good’ and ‘bad’ categories encourages you to associate eating with guilt and shame.” This means that instead of enjoying everything we eat, we feel bad about ourselves when we eat something we consider “bad.”

What’s more, when we deem certain foods “bad” or “cheating,” the negative name doesn’t help us pump the breaks.

“When a food is off-limits, it can develop a specific, emotional charge,” explains Melainie Rogers, RD, a nutritionist and eating disorder specialist. “You begin obsessing over it, fantasizing about, and looking forward to that ‘indulge day’ all week. Then, when you finally have access to it, you overeat.”

On the flipside, labeling foods as “good” or “healthy” can also backfire. Science shows when we think something is healthy, we’re not concerned with portion control and thus overdo it—whether it’s a “normal” day or a “cheat” day. Yes, there can be too much of a good thing.

Along these same lines, thinking of a meal or snack as “healthy” can have a surprising affect on our hunger. Studies show merely considering items we put in our mouth as “healthy” can literally make us feel hungrier—especially if we select a “good-for-you” item out of obligation over something we’re truly hungry for.

Attack of the Calories

Folks who assume they can compensate for giving into temptations—say, by holding themselves back on all days except their cheat days—are actually less likely to reach their dietary goals. This is because they’re more likely to consume a greater number of calories, not just on their cheat day but on the days following it.

Restricting ourselves throughout the week and then slamming our bodies with sugar and fat once our cheat day rolls around, can have “a massive impact on blood sugar and insulin levels,” Rogers says. “You’ll wake up the next day craving more sugars and simple carbs, and you’ll find yourself feeling pretty ragged. And if you repeatedly increase your caloric intake above baseline, you may inadvertently end up gaining more weight over time.”

Cravings serve as a sign that your nutritional approach isn’t sound. “Most cravings come from overly restricting your food intake, using food as a drug, or over exercising,” Kronberg says.

Binging Leads to Extra Cheat Days

There’s a very fine line between a cheat day and a free-fall into food binging, especially if you’re, “white-knuckling it during those other six days of sticking out a meal plan you don’t particularly like,” says Ryan Andrews, R.D., author of Drop The Fat Act and Live Lean and coach with Precision Nutrition. Once that day of indulgence comes, it’s not about enjoying the foods you haven’t had all week. Instead, you’re approaching it out of a need to consume all you can before the day goes away. “It feeds into a feast-and-famine cycle,” Andrews says.

We can thank our biology for cheat days turning into these all-out food fests. We’re wired to chase down food when we’re caught in the feast-and-famine cycle. “People will eat beyond satiety when they’re coming from a fear of scarcity,” Rogers explains.

Binging on a cheat day also makes it challenging to confine cheat-day foods only to that designated 24-hour window. “It’s very hard for people to compartmentalize their diets,” Rogers says. “‘I’m only going to have those cookies on Saturday’ can easily spill over into ‘I’ll only have a few cookies Sunday too.’”

The Solution: Stop Restricting, Start Enjoying—in Moderation

So if cheat days don’t work, are we all better off eating whatever we want, whenever we want?

Well, not quite, says Corby K. Martin, Ph.D., a clinical psychologist and food intake researcher at Pennington Biomedical Research Center. “Following a healthy diet means including a number of foods—all of which are consumed in moderation,” he says. “If weight loss is the goal, this usually means three square meals a day with planned snacks, incorporating treats but in smaller portion sizes.”

Research suggests eating a balance of foods—with none of them off-limits or labeled “bad”—is the best way to reduce the kinds of cravings that can lead to a binge.

During the first week of a new diet, most people experience an increase in hankerings for coveted foods, but when people stick to a balanced weight loss diet, the tendency to occasionally overeat actually goes down over time, Martin says.

So what does a game plan for a healthy eating with no cheat days look like? Remember these three things:

1. Listen to your appetite.
“If you want to eat spaghetti and meatballs for dinner, have it!” Andrews says. “Don’t find the low-carb version with the fat-free sauce. If you actually eat what you want, you’ll likely end up eating a more reasonable amount of it.” Eating in tune with your hunger is a principle of intuitive eating, and it’s shown to have a positive effect on both your weight and your wellbeing.

2. Enjoy treats from time to time.
Research shows (and experts agree) that sprinkling reasonably sized desserts or treats into your daily diet encourages you to find pleasure in meal time again—and that pleasure will help ensure you don’t feel the need to go overboard.

So instead of confining your treats to one single day, drop them into places throughout the week. For example, enjoy: “a cookie or a few pieces of chocolate after dinner on Mondays, Wednesdays, and Fridays,” Rogers says.

3. Savor every bite.
Once you place any item of food into your mouth, take a moment to: “taste, smell, and experience it as a whole,” Rogers says. “When you take the time to be mindful about what you’re eating, you tap into your satiety cues.”

The Takeaway

Forget about designating a cheat day to reward yourself. Denying yourself most of the week and then indulging like crazy on your one day “off,” just promotes guilt, anxiety, and shame around eating—which means you won’t likely get to the health outcome you’re looking for. Instead, make every day a great day by listening to your appetite, periodically adding in some of your favorite foods in small portions, and savoring each and every bite of everything you eat. This sustainable approach will help you think of all of your eating as enjoyable, and that’s what gets you down the road to where you want to be.

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Condos Bought in 2 hours

In the real estate world, when the right opportunity pops up, two hours can really make a difference. In that short time frame, you can either snap up a killer deal…or miss out on one.

That’s certainly the case with Real Estate Trend Alert. Members of this little group know from firsthand experience that when I tell them a deal is worth paying attention to, they need to be ready to act.

When I find a deal or an opportunity that could turn a serious profit, I give members of this little group the lowdown by email. They can act in real time, snapping up the best deals from the comfort of their armchair.

That’s exactly what happened a month ago, with a killer deal in Playa del Carmen, Mexico. This was a strong deal—little one-bedroom condos in a booming beach city from as low as $148,800. That price was only available to Real Estate Trend Alert members. They got in ahead of the developer’s friends and family list, ahead of the public, and ahead of local brokers.

Members recognized the strength of this deal. They acted quickly. The first five condos were gone in 29 minutes. Within two hours, all of the available one-bedroom condos had been locked down.

RETA members are savvy investors. They’re looking for deals. But they don’t have the time nor the resources to scout the globe, looking for investment gems. That’s my job. I pinpoint the most promising locations that are set to boom. Then I put dozens of projects in those locations under the microscope, and filter them down to identify the strongest opportunities—one project might make it through this process.

If one does, I get to work to turn a promising deal into a red-hot, killer deal. Because of the connections and huge network of contacts I’ve built up over the last 13 years, I can go straight to the top and negotiate directly with developers. I get exclusive pricing for members of my group—the best prices and payment terms that no one else can access.

The opportunity last month was one of the strongest short-term rental plays since I founded Real Estate Trend Alert.

The deal was to buy a little condo in Playa del Carmen on Mexico’s Caribbean coast. Playa del Carmen is a city that I’ve been watching closely for more than a decade. It’s a buzzing, fast-growing city that’s seen both a tourism and a population boom.

With the right real estate buy, an investor in Playa would be in prime position to profit from either of those demographics.

But, for three years, I hadn’t made a single pre-release recommendation in Playa del Carmen—despite the strength of this market. I hadn’t found the right deal or opportunity that I was willing to bring to members of Real Estate Trend Alert. Until last month.

The deal was to buy a one-bedroom condo for members-only pricing of $148,800. The first five members to act got a discount of $5,000, bringing their price down to $143,800.

This is why this deal was so killer: It was a strong opportunity to tap into this beach city’s booming short-term rental market. I predict you could rent this one-bedroom condo out for 200 nights a year at a conservative $125 per night. That would gross you $25,000. At a less conservative average of $150 per night, your gross would rise to $30,000—on a condo that cost as little as $143,800 to buy.

And that members-only pricing will deliver more than just a strong rental yield. It also has the potential to benefit from strong capital appreciation.

Last Saturday, this project was released to the local market. The developer had planned to launch any remaining one-bedroom condos at $156,800. Of course, there were no one-bedroom condos left. They’d all been snapped up by members of my Real Estate Trend Alert group. I expect prices on these one-bedroom condos will keep rising as this development is built out.

For all those reasons, RETA members acted quickly. The opportunity to do well on this deal has passed.

But, I’m currently negotiating another deal with the developer who brought us this opportunity. I expect to tell members of my Real Estate Trend Alert about this next deal before the end of the year. The only way to get the details of this new opportunity—and details on how you can act when the deal is released

 

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