HEALTH
With so many plans and coverage options, choosing Health Insurance can be overwhelming. Let us assist you in selecting a plan that’s right for you.
MEDICARE
Medicare can be confusing, even overwhelming. With a host of resources our firm can help you make sense of all the options, plans, and supplements.
LONG TERM CARE
For many families an average stay at a Long Term Care facility would wipe out their wealth, and leave their spouse or family destitute.
DISABILITY
Did you know you are 400% more likely to become disabled than to die? Without insurance this would leave you with income or the ability to work.
HMO vs. PPO
HMO vs. PPO An HMO and a PPO are common types of health insurance plans. In this article, we will go over the basics and key differences of HMO vs. PPO. HMO HMO stands for Health Maintenance Organization. Here you find care with a specific network of doctors and hospitals. You will choose a primary care doctor and they will coordinate your care, including giving you the required referrals for specialists. HMOs typically have [...]
Long Term Care Insurance Riders
Long Term Care Insurance Riders Long term care insurance comes with optional add-ons that allow you to customize coverage. These typically come with an additional cost. In this article, we will go over some common long term care insurance riders and what they can accomplish for you. Inflation Protection The first long term care insurance rider is for inflation protection. This rider increases your benefit amount each year to keep pace with inflation. You [...]
Long Term Care Insurance Myths
Long Term Care Insurance Myths Long term care insurance is not widely used and commonly misunderstood. In this article, we will debunk some long term care insurance myths that can help you understand it better. 1. It is Only Good for Nursing Home Care Using long term care insurance for nursing home care is very uncommon. According to the American Association for Long Term Care Insurance, 73% of claims being as a home care. [...]
Misconceptions About Long Term Care Insurance
Misconceptions About Long Term Care Insurance Long term care insurance is a type of insurance that can cover home health care, assisted living, and nursing homes. But there are some misconceptions about long term care insurance. In this article, we will clear up some of these misconceptions. 1. I am Covered by Health Insurance Health insurance only covers medical expenses, not assistance with activities of daily living. This wouldn’t include things like help getting [...]
8 Types of Long Term Care Facilities
8 Types of Long Term Care Facilities We are living longer lives, but this increases the need of long term care for most adults later in life. According to the Administration for Community Living, adults that are 65 now have a 70% chance of needing long term care. Of these 20% will need care for 5 years or longer. In this article, we will go over 8 types of long term care facilities that [...]
Insurance Premium Basics
Insurance Premium Basics An insurance premium is the price you pay an insurance company for a policy. Premiums are used in health, auto, home and life insurance policies. Failure to pay the premium can result in the cancellation of your policy. In this article, we will go over the basics of how an insurance premium works. How It Works Premiums are paid either monthly, semi-annually, or as an upfront lump sum. The price of [...]