Forethought Life Medicare Supplement Insurance Coverage
Blog
Forethought Life Insurance Company is offering affordable Medicare supplement coverage in several states across the U.S. Forethought is well known for their diverse annuity and life portfolio, but they also offer supplemental Medicare policies through independent agencies like ours. It is not uncommon to see insurance companies enter the Medicares supplement marketplace after developing a strong […]
December 14, 2010
Category: Medicare Supplements
2011 Medicare Part A and Part B Deductible and Coinsurance Increases
Blog
When shopping for Medicare supplement insurance to help cover the gaps in your Medicare Part A and Part B coverage, it is important to know what your out of pocket expenses will be each year. The Part A and B deductible amounts increase each year as determined by the Centers for Medicare and Medicaid Services. All […]
November 12, 2010
Category: Medicare Supplements
Ohio Anthem Blue Cross Blue Shield Medicare Supplement Coverage
Blog
As of October 15th 2010, Anthem Blue Cross Blue Shield of Ohio is offering Medicare supplement coverage on a guaranteed issue basis in certain circumstances – along with their standard underwritten plans. This is good news for those over age 65 who have had trouble switching from costly Medicare supplements because of poor health or […]
October 28, 2010
Category: Medicare Supplements
Child Only Health Insurance Coverage
Blog
Parts of the new health care legislation have already taken affect, but there is quite a bit of confusion over the guaranteed issue status for children under the age of 19 years old. (Editor’s note: Some of the information below is outdated – please contact us to discuss a child-only health insurance application.) As of September […]
October 14, 2010
Category: Health Care Reform, Health Insurance
Paying for Long Term Care Expenses – Medicare, Medicaid and Medicare Supplement Insurance Benefits
Blog
There are some common misconceptions concerning who is responsible for long term care expenses. Oftentimes consumers erroneously believe that government run Medicare and private supplemental insurance will pay the costs associated with extended care. Unfortunately, this is not the case. Medicare, when combined with some supplemental Medigap policies, will only cover a maximum of 100 days of […]
September 23, 2010
Category: Articles, Long Term Care, Retirement Planning
Ohio Small Business Health Insurance Tax Credit
Blog
As part of the implementation of the new health care reform laws, Ohio small businesses providing group health insurance for their employees can write off a portion of their premium payments. The Affordable Care Act allows employers who pay at least half the cost of single health insurance coverage premiums for their employees to claim the credit. Employers […]
September 8, 2010
Category: Group Health Insurance
Annuity Surrender Charges and Penalties
Blog
Let’s face it, sometimes annuities get a bad rap in the investment world and perhaps some of that is deserved. In fairness, those who are talking down these accounts are usually trying to sell some other financial product. However, the bottom line is investors are usually and understandably concerned about access to their deposited funds. Safe […]
August 19, 2010
Variable Annuity Complaints
Blog
There are three types of deferred annuities for investors to choose from in order of least to most risk: fixed, fixed-indexed, and variable. Variable accounts are most risky as they are directly tied to the ups and downs of the overall stock market which is why you you see variable annuity complaints. In an attempt […]
August 9, 2010
Ohio High Risk Health Insurance Pool
Blog
As part of the health care reform bill passed by Congress and signed into law by President Obama in March, new high risk health insurance pools will be created by several states. The pools are designed to last 40 months and bridge the gap until applicants with preexisting conditions must be underwritten for permanent coverage. […]
August 5, 2010
Category: Health Care Reform, Health Insurance
Medicare Supplement Insurance Savings and Network Options
Blog
There are several insurance companies offering Medicare supplement insurance plans across the U.S. – some are more well known than others. For every Anthem Blue Cross/Blue Shield and United Healthcare there are a dozen other companies offering the same benefits and coverage. How are you to know which insurance company is best for you? Understanding Medicare […]
July 23, 2010
Category: Medicare Supplements
Annuity Proceeds: Beneficiary Designation, Probate and Passing
Blog
Unfortunately, there is quite a bit of misinformation that has spread about annuity investment contracts. What is not clear is whether these untruths are intentional or a general lack of knowledge, but it is beyond time to set the record straight. One of the biggest concerns potential annuity investors have is what happens to their money […]
July 1, 2010
Category: Annuities, Articles, Retirement Planning
Ohio Health Insurance for Dependents
Blog
New state and federal laws allow Ohio residents to keep children insured on a parent’s health insurance policy past age 23. Federal and State laws only require coverage is offered to age 26. Those who are insured through an employer based group health insurance plan – and those who have purchased individual or family insurance […]
June 23, 2010
Category: Health Care Reform, Health Insurance
Health Savings Accounts and Qualified Medical Expenses
Blog
You might purchase a health insurance policy that can be coupled with a health savings account simply to obtain lower monthly premiums. In exchange for covering more of the incidental expenses out of pocket with a HSA qualified plan, you can keep your individual or family health insurance more affordable. Perhaps of more importance are […]
June 17, 2010
Category: Health Insurance, Health Savings Accounts
Medicare Supplement Plan G Insurance Quotes
Blog
Medicare supplement Plan G was updated way back in 2010 and should now be considered by most beneficiaries as a smart purchase when supplementing original Medicare Parts A and B. After Plan F, Plan G is one of the most comprehensive plans available. It is an affordable choice if you are willing to cover the small, one-time Part B […]
June 14, 2010
Category: Medicare Supplements
Index Annuity with the Highest Returns
Blog
As an annuity agent, I am often asked which insurance company offers an indexed annuity with the best returns. And that is not an easy question to answer. There are dozens of companies offering several fixed indexed accounts each. However, I did come across an annual statement recently that even amazed me – and I have […]
May 20, 2010