Let's face it, Medicare insurance can be expensive. Original Medicare Part A is free due to earned work credits, but Part B costs nearly $150 a month for most. And Medicare Parts A & B only cover so much. There are still gaps like deductibles, coinsurance, prescriptions, dental, vision, hearing and so on. So how [...]
August 19, 2020
Category: Medicare Advantage, Medicare Supplements, Retirement Planning
The 2020 Medicare open enrollment period is fast approaching. It runs from October 15th through December 7th - plan changes will not be effective until January 2021. Our agents are busy training so we can discuss important new plan benefits, costs and features. In insurance speak, this period of time is also referred to as [...]
August 1, 2020
Category: Medicare Advantage, Medicare Supplements
Annuities serve many purposes, but you might want one to safely and efficiently transfer assets to your heirs. One popular annuity feature offers an increasing death benefit in order to guarantee growth each year. This rider might be appropriate for someone who does not anticipate needing their funds. Perhaps they have ample liquidity and investments [...]
July 17, 2020
Category: Annuities, Retirement Planning
Currently, there are approximately 66 million Americans enrolled in Medicare. And that number is climbing daily. Medicare is a government-backed health insurance program helping those 65 and older afford health care. However, it does not cover all of your expenses. You'll usually want to supplement your coverage. Unless you have group, retirement coverage, or VA [...]
July 7, 2020
Category: Medicare Advantage, Medicare Supplements
When researching Medigap policies, you may want more information on Medicare Supplement Plans K & L. These two unique options are less popular than traditional policies like G & N, but they do offer value. They might be right for some, but not all consumers. It's important to understand what you can expect from these [...]
June 26, 2020
Category: Medicare Supplements
United Healthcare offers affordable short term health insurance rates across the country. Individual and family policies are offered through their subsidiaries Golden Rule and Pacificare. Group coverage is offered through United Healthcare and collectively they are all now known as United HealthOne. UHC is well known for their large network of doctors & hospitals as [...]
June 23, 2020
Category: Health Insurance
Cigna offers several dental, vision and hearing insurance plans to choose from. Some are geared toward dental only. Others are more comprehensive and cover dental, vision and hearing. All are PPO policies that allow you to use any of their 93,000 network providers. Additionally, those who previously had dental coverage can avoid waiting periods on [...]
June 22, 2020
Category: Dental & Vision Insurance
If you are looking for affordable health care options, short-term health insurance may be right for you. At Hyers and Associates, we educate our clients about all of their options. Here is what you need to know about this type of insurance. Short Term Health Insurance Has Changed Major changes have occurred regarding the availability [...]
June 16, 2020
Category: Health Insurance
With increasing interest rates, you may want to know how your business can invest in an annuity account. In most cases corporations, partnerships, trusts, and other entities can own an annuity. This process works much like it would with individual ownership. That's the good news, but there are subtle differences in how these accounts operate [...]
June 8, 2020
Category: Annuities, Retirement Planning
Now that you are ready to retire, it means more free time - and sometimes, less income. And with a reduced income, there are thoughts of ways to save money. After all, you also want more discretionary income to enjoy your free time. Is ending your life insurance policy - or never investing in one [...]
May 20, 2020
Category: Life Insurance
If you are approaching your Medicare eligibility, you should be aware of the Medicare Income-Related Monthly Adjustment Amount - IRMAA for short. It applies to higher income earners and results in increased Part B and Part D premiums. These increases might affect your decision to stay on your employer policy. If that's not an option, [...]
May 14, 2020
Category: Medicare Advantage, Medicare Part D, Medicare Supplements, Retirement Planning
A commonly misunderstood and/or overlooked annuity feature is the Market Value Adjustment. This provision will influence the value of your account during its term. It can have a noticeable effect on the account should you surrender your annuity early. And in some cases, it can help you exit an underperforming annuity with gains that wouldn't [...]
April 27, 2020
Category: Annuities
As of the writing of this post, there are a lot of disruptions in the economy due to the Coronavirus. Many consumers are losing jobs and some are having disruptions in their health insurance coverage. If you're losing your health insurance, you'll want to know your options. We list the most common strategies below for [...]
April 3, 2020
Category: Health Insurance, Medicare Supplements
As we all adjust to lifestyle changes due to the coronavirus, our brokerage is getting questions about what to expect from health insurance policies. We aim to answer those questions below. This information applies to those on individual and group plans as well as Medicare recipients. We'll also discuss ancillary policies that are designed to [...]
March 20, 2020
Category: Health Insurance
We offer AARP United Healthcare Medicare supplement insurance to our clients nationwide. These two companies have partnered together to offer members additional services and benefits. It is required that you (or someone in your household) be an AARP member in order to enroll in a United Healthcare Medicare Supplement. We can help you understand how …
March 15, 2020
Category: Medicare Supplements