May 31, 2016
AgencyBuying Long Term Care Insurance
Buying Long Term Care Insurance There was a time when buying long-term care insurance was fairly easy and pretty cut and dry. Times have changed for this particular type of insurance and anyone considering buying it would do well to spend some time investigating carriers and coverage levels as well as premiums. Generally speaking, the cost for a nursing […]
May 31, 2016
AgencyBasics Of Long-Term Care Insurance
Basics Of Long-Term Care Insurance Recent studies highlight what is a growing set of problems associated with long-term health care costs. Many of these problems arise out of the fact many Americans simply do not know how much these costs are and many rely on Medicare to pick up the bill when, in many cases, there is […]
May 24, 2016
AgencyWhat is Medicare Part B premium?
What is Medicare Part B premium? Medicare Part A and Part B is also called “Original Medicare” or “Traditional Medicare”. For most people who are eligible for Original Medicare, Part A is free of charge if certain conditions are met. Part B of Original Medicare is not free and will cost you a monthly premium. […]
May 23, 2016
AgencyHigh Deductible F Plan For Medicare Supplemental Coverage
High Deductible F Plan For Medicare Supplemental Coverage The Medicare supplemental insurance market was a pretty staid affair for years (if not decades). You had a standard suite of plans to choose from A to J and all was well with the world. Things have change quite a bit just in the last decade and will undoubtedly change more […]
May 23, 2016
AgencyPlan F in 2020
Plan F in 2020 Due to recent changes coming up for Plan F in 2020, I hear more and more questions and concerns from seniors regarding the future of Plan F. Some of the questions include: Will I be dropped from Plan F in January, 2020? Is my premium going to increase by a lot?, […]
May 20, 2016
AgencyHow to Enroll in Medicare?
How to Enroll in Medicare? There are 3 easy ways one can enroll in Medicare when turning 65. 1. Visit your local Social Security Office 3 months prior to your birthday month and let them know that you need to sign up for Medicare, Part A (hospital coverage) and Part B (outpatient coverage – doctor’s […]
May 20, 2016
AgencyA Look Into the Benefits of Medicare
A Look Into the Benefits of Medicare Americans spend billions of dollars for healthcare programs and services, more specifically insurance programs. One of the more famous types of social insurance programs available to Americans is Medicare. It is one of the more reliable types of healthcare because your insurer is the government itself. Medicare is a […]
May 13, 2016
AgencyReverse Mortgage Information: Understanding Reverse Mortgage Counseling
Reverse Mortgage Information: Understanding Reverse Mortgage Counseling To qualify for a federally insured reverse mortgage, also known as an HECM, seniors are required to complete one HUD-approved counseling session. This is one aspect of the loan process that tends to make seniors nervous. The term “counseling” can be a little intimidating. Fortunately, these meetings are much more casual and entirely […]
May 13, 2016
AgencyReverse Mortgage Information: Selling the Home After a Reverse Mortgage
Reverse Mortgage Information: Selling the Home After a Reverse Mortgage Before getting a reverse mortgage, seniors should take advantage of all the reverse mortgage information available to them. One subject commonly missed by seniors seeking reverse mortgage information is the topic of repayment. While it is true that seniors can defer repayment until they die or sell their home, […]
May 5, 2016
AgencyAnnuities Explained
Annuities Explained An annuity is a contract where in exchange for payment an insurance company provides a regular, stream of income to the individual who makes the payment. An annuity is especially attractive to provide retirement income. There are three popular types of annuities – fixed, variable and indexed. Fixed Annuities Explained A fixed rate […]