Insurance Perspectives


Local grocery store calls out road conditions with sign: ‘What a state embarrassment’ CHARLESTON, W.Va. (WSAZ) - A sign that is typically used to advertise the deals of the Piggly Wiggly in Kanawha City, instead used the display to show their frustrations with the road they sit along. Their sign reads: “It’s past time to pave MacCorkle Ave. What a state embarrassment.” “Every business in Kanawha City should have the same thing up on their billboard,” said Nina Rutledge, who has lived off of MacCorkle Avenue in Kanawha City for the last five years. “It affects every business in Kanawha City, everybody that comes to Kanawha City hits MacCorkle Avenue (and) it says a lot about how the city looks.” “You know given that Kanawha City is supposed to be one of the better areas to live in within Charleston. The roads are in pretty bad shape, given there are a lot of potholes,” said Tiara Hazell, who also drives MacCorkle Avenue everyday. WSAZ reached out to Piggly Wiggly twice on Wednesday to speak with them about their sign. Though we never heard back, their message spoke for itself. “I think the whole community is just so fed up and frustrated. I mean, we’ve basically given up and it’s really sad because Kanawha City is a vibrant part of Charleston,” said Julie Schleider, who owns the Dixieland Carpet Outlet along MacCorkle Avenue. “(Kanawha City) is a very large tax base that should not look like it does, and it’s been so neglected by the state and we don’t know what else to do. It’s pretty frustrating.” In October 2020 , WSAZ reported the frustrations of local residents and former Del. Andrew Robinson regarding the condition of the road. During that story, WSAZ spoke with Schleider who said in the last 11 months, nothing has changed. “The roads still look exactly the same. They’ve patched a hole here and there, but it just keeps getting band-aided over and over.” “They need to resurface (the road) and not just come through and drop blacktop in the holes.

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Nearly 33% of respondents noted struggling to find funds for monthly expenses, regardless of their median income being around the national average. Researchers concluded that training in budgeting, estate planning, investing, and retirement planning are essential for providing medical school students (and doctors) with the ability to effectively manage finances. Emergency physician Jim Dahle, MD, suggests a common and basic financial error that plagues physicians is simply not devoting adequate time to their finances. As a result, economies of scale are not achieved. Dr. Dahle’s solution is for physicians to learn how to put their money to work and how to save money wisely. This can be achieved as long as physicians gain an understanding of how to invest, what risks might be involved, and how to avoid negative outcomes.Climbing medical school debt is a growing financial burden. According to data from the Association of American Medical Colleges , loan amounts jumped 2.5% in merely one year, from 2018 to 2019. While physicians may have high salaries, they nonetheless struggle to pay off debts. Solutions include applying for federal loan forgiveness or refinancing student loan debt. However, physicians must comprehend their budgets and secure lower interest rates. By signing up, you will receive emails about Physician's Weekly products and you agree to our Terms & Conditions and Privacy Policy . A survey from the Medical Group Management Association found that the pandemic led a whopping 97% of physician practices to lose money and almost 50% to institute furloughs by April 2020. Furthermore, practices saw revenue decrease by 55%, signaling that knowledge of how to save and prepare for the unexpected is lacking amongst physicians. Financial strains also take a toll on physician wellness, often leading to burnout and working beyond retirement age. Having a reliable savings plan is an excellent way for physicians to limit the financial strains that accompany insufficient compensation, low reimbursement, and burnout. A CompHealth study found that 50%  of physicians continued working beyond retirement age, enduring declining career satisfaction and burnout, in an effort to maintain their lifestyles.