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.
5 Tips for Disability Insurance
Disability Insurance: 5 Tips you need to know before you buy Unfortunately, Disability Insurance (or DI) is something we don't think about. There are facts about disability insurance that people need to be aware of to see how they can help themselves or a loved one if they become disabled. In Fact, nearly 18.5 % of Americans are currently living with a disability, roughly 3 in 10 Americans will suffer a disability lasting 3 [...]
Health Insurance Coverage for Individuals
An individual health insurance plan is a great option if you are not covered by an Employed Plan, Medicare, TRIcare, or Medicaid. The Affordable Care Act marketplace offers high-quality coverage for Individuals and Families that are unable to obtain affordable coverage elsewhere. The categories to choose from are: Bronze: The insurer pays 60 percent and you pay 40 percent. Silver: The insurer pays 70 percent and you pay 30 percent. Gold: The insurer pays 80 percent and you [...]
Health Savings Account Basics
Who Can Establish an HSA? Any individual with a high deductible health insurance plan can establish an HSA. In 2015, you have to have an annual deductible of at least $1,300 for an individual or $2,600 for a family. Your plan must also limit your annual out of pocket expenses to $6,450 for individuals and $12,900 for families. You cannot establish an HSA if you are entitled to or enrolled in Medicare, you can [...]
Paying for Nursing Home Care
Unfortunately, nursing home care is a reality that many of us have to face; either dealing with it for a loved one, or for ourselves, which is why it is vital to find the right home care packages for the situation. It can get very expensive, very quickly. Generally speaking, there are three ways to pay for this care: from your savings (self-insure), with a long-term care policy (LTCI), or with government benefits. Self-insure [...]
Medicare Misconceptions
Medicare Misconceptions Medicare misconceptions are dangerous. They can wreak havoc on your retirement and financial plan. This article clears up three common Medicare misconceptions to help you navigate Medicare successfully. 1. Medicare is Free Medicare Part A is free of premium for most people. But Part B has a monthly premium. In 2021, this premium starts at $144.60 a month. In addition to this premium, you are also responsible for deductibles and co-insurance. For [...]