With the rising costs of insurance premiums, you may be tempted to believe that you can skate for a while without medical insurance. Perhaps you are between policies or between jobs. Why not take a breather from an insurance payment? Just a month or a year saves you dollars. After all, the premiums for both …
February 1, 2018
Category: Health Insurance
What images do talks of retirement bring to mind? Ones of freedom? Extended vacations in your favorite spots? Time for that long-put-off hobby? Often, thoughts on retirement center around the pleasurable expenses. Long-term health costs and their related less-than-ideal circumstances fail to factor into the conversation. Long-term care insurance falls off the radar. Furthermore, current …
January 29, 2018
Category: Long Term Care Insurance
As a senior, you may think life insurance is unnecessary. After all, your age and health conditions raise premiums. And, honestly, why now? Life insurance replaces income should you pass away, and you are retired. The mortgage is paid off. And, your kids are holding their own. Is a life insurance policy accessible and necessary …
January 23, 2018
Category: Life Insurance
Understanding the world of health insurance can definitely become challenging. If you feel overwhelmed by the policies offered to you and the coverage you need, you are not alone. Medicare and supplemental insurance policies are filled with jargon and fine print that make many of our heads spin. We would like to help clear up …
January 18, 2018
Category: Medicare Supplements
Short vs. long. Medical vs. life. Temporary vs. full. Term vs. whole. Health insurance vs. disability. Home, auto, and travel. The insurance options can become overwhelming. While we cannot clear up all the confusion in one article, let us explain the difference between short-term or term policies and long-term or whole options. Short-term health insurance …
January 2, 2018
Category: Health Insurance
The New Year rings in with celebration and hope for a brighter year. Promises and resolutions fly like confetti after the infamous Times Square ball drop. But, as the sweeping of the streets commences the next day, so does the usual routine of our lives. And resolutions tend to get lost. What if we told …
December 29, 2017
Category: Life Insurance
Short-term health insurance offers a temporary insurance solution, or so is its intent. A gap in insurance due to a job change, while waiting for Medicare or other coverage to begin, or being outside the open enrollment period proves a viable situation to obtain short-term policies. You may also know this coverage as temporary, term …
December 28, 2017
Category: Health Insurance
Navigating the Medicare insurance game proves tricky and complex. With so many options and varying deadlines for each policy, confusion often sets in and overwhelms the average applicant. And with changing regulations, you need quality medical coverage more than ever. What are your options when you miss the Medicare supplemental insurance deadline? Medigap helps. This …
December 18, 2017
Category: Medicare Supplements
The purpose of health insurance is to make sure that you are covered in case of an emergency, if your health suddenly worsens or if you need to deal with a chronic condition that you would otherwise never be able to afford to treat. However, no matter how diligently we plan out our insurance coverage …
December 1, 2017
Category: Health Insurance
With Medicare Open Enrollment now underway until December 7, you may be starting to reconsider your coverage and decide whether you want to switch to a different policy. Or maybe you’re a first-time enrollee and are looking for some more information on which plan you should sign up for and what benefits are worth considering. …
November 26, 2017
Category: Medicare Part D
Group health insurance is mandated for every company that has over 50 full-time employees. This mandate helps each person working for that company be insured under current health care law. These group insurance plans, which can be purchased from different carriers in Ohio, can be fully-funded, self-funded, limited benefit or minimum essential coverage. All of …
November 18, 2017
Category: Group Health Insurance
Medicare open enrollment is currently underway from Oct. 15 to Dec. 7 of this year. This means that if you want to change your coverage or add a supplemental insurance plan, this is the time to do it. All new insurance policies take effect on Jan. 1, 2018. But, before they do, you have some …
November 12, 2017
Category: Medicare Advantage, Medicare Supplements
No matter how old you are, thinking about retirement is essential. Not only is employment changing — with more people being self-employed, it’s less likely that you’ll have a cushy pension to fall back on after you retire — but the very existence of retirement benefits like Social Security may not be as stable as …
October 26, 2017
Category: Annuities
If you’re getting older, you’ve probably thought about what kind of insurance you’ll need to cover health issues and medical expenses, from medications to specific procedures. But in some cases, for chronic conditions, disabilities or illnesses, long-term care will be necessary — whether this means staying in a nursing home, hiring a live-in caretaker or …
October 25, 2017
Category: Long Term Care
If you’re currently on Medicare, you are probably keenly aware of everything that it covers. From surgery to physical therapy, this government entitlement benefit provides health insurance for Americans 65 and older who have worked into the system and are now retired. But although Medicare is relatively comprehensive, it doesn’t cover everything — which is …
October 11, 2017
Category: Medicare Supplements