ALTCS Financial Basics
ALTCS Financial Basics Medicaid is state-provided health coverage for low-income Americans. It can also cover long-term care. Each state has its own system for providing this coverage. In Arizona, this program is the Arizona Long-Term Care System (ALTCS). In this article, we will cover the basics of what ALTCS covers and the financial components involved with qualifying. ALTCS Basics ALTCS is available to residents of Arizona. To qualify you must be over 65 or [...]
Frequently Asked Health Insurance Questions
Frequently Asked Health Insurance Questions As open enrollment comes to a close, we have found there are many common questions people have. In this article, we will answer four frequently asked health insurance questions. 1. Why can’t I enroll in a plan at any time of the year? Each year open enrollment last from November 1st until January 31st. This is the only time you can enroll in a health insurance plan. You can also [...]
Strategies to Help Pay for Long Term Care
Strategies to Help Pay for Long Term Care Implementing strategies to help pay for long term care can help you to prevent a lot of stress and trouble. It also can help to preserve funds for the benefit of your spouse or other loved ones. In this article, we will review 4 strategies to help pay for long term care. 1. Long Term Care Insurance Long term care insurance is a special type of [...]
Flexible Spending Account Basics
Flexible Spending Account Basics A flexible spending account, or FSA, is a type of tax-advantaged health plan offered by employers. In this article, we will go over the basics of how a flexible spending account works. Setting Up an FSA A flexible spending account is only available if your employer offers it. If you have a health plan through your employer and they offer FSAs, you will need to contact the appropriate department at [...]
Pros and Cons of Long Term Care Insurance
Pros and Cons of Long Term Care Insurance The pros and cons of long term care insurance need to be weighed before a policy is purchased. In this article, we will go over several pros and cons of long term care insurance to help you when making a decision about purchasing a policy. Pros Long term care insurance helps you to prepare for unexpected hardships due to a decline in your health. The first [...]
Group Long Term Care Insurance
Group Long Term Care Insurance Group long term care insurance is a form in which you can purchase long term care coverage. However, the only way to enroll is through your employer. In this article, we will briefly go over how group long term care insurance works for employers and employees. If you would like an explanation of Long Term Care Insurance you can visit one of our other blogs here. Benefits of Group [...]