April 22, 2016
AgencyWhat Is Long Term Care Insurance?
What Is Long Term Care Insurance? Long-term care insurance can be a complex and sensitive subject – one that most people hope they will never have to take out. As the name suggests, it is the name given to the insurance that provides coverage for the care given to a person when they need permanent and continuous care. Long […]
April 22, 2016
AgencyMedigap Insurance Fills Holes Left By Medicare
Medigap Insurance Fills Holes Left By Medicare We already know that health insurance should help us out when it comes to medical expenses. A lot of people will require more medical attention than others, especially those men and women who have reached a certain age. With this, it is important to have a back up plan […]
April 22, 2016
AgencyMedicare Advantage Programs
Medicare Advantage Programs Medicare Advantage Programs or Medicare Part C is one of Medicare’s supplement programs to compensate for additional needs of those insured under this medical plan. What is Medicare Part C all about? It combines the benefits that the insured can derive from both plans A and B of Medicare in cooperation with private […]
April 21, 2016
AgencyMedically Underwritten Medigap Coverage
Medically Underwritten Medigap Coverage Most people that enroll in Medicare and Medicare supplements will do in a guaranteed issue manner. This means that they will qualify under one of the many reason for guaranteed issue enrollment regardless of their health. Turning 65 with a new Part B or leaving group health insurance are the two most common […]
April 21, 2016
AgencyAn Annuities Primer
An Annuities Primer Annuities are long-term investment tools for supplementing retirement income. There are no IRS-imposed annual contribution limits, and annuity earnings grow tax-deferred until the funds are withdrawn or paid out as income. Though popular among today’s aging Baby Boomers and members of the Mature or “Senior” markets, annuities can be traced back to ancient Greece. […]
April 20, 2016
AgencyCommon Guaranteed Issue Reasons For Medicare Supplements
Common Guaranteed Issue Reasons For Medicare Supplements So much of pre-65 health care involves medical underwriting (for now, anyway). One welcomed benefit to Medicare Medigap is that for most people, it will be guaranteed issue regardless of health as long as you meet certain requirements. Let’s go over the most common of these to make sure we do not lose […]
April 20, 2016
AgencyHave You Planned For Your Long Term Care?
Have You Planned For Your Long Term Care? It is true that a lot of people are not planning on getting old, or getting sick in their later years, although these instances are inevitable. With these concerns in mind, people who are of a certain age should already be thinking about their long-term health care. What is long-term […]
April 19, 2016
AgencyPart D Donut Hole and Medicare
Part D Donut Hole and Medicare Leave it to Congress to come up with terms like “donut hole” when crafting legislation, even dealing with the sacrosanct Part D dealing with Medicare. When details started to emerge from the “process” of grinding out Part D, various items started to leak out and one of them was the […]
April 19, 2016
AgencyMedicare Versus Medicaid
Medicare Versus Medicaid Most people think that Medicaid would fall under Medicare which is about wrong. These two programs are entirely different from each other. Medicare and Medicaid did however start off in the same year which was 1965, other than that their uses are completely different from each other. Medicare is a non income based […]
April 19, 2016
AgencySupplemental Medicare
Supplemental Medicare Basically, there are twelve (12) standard Supplemental Medicare insurance plans which are also sometimes referred to as Medigap pans. A letter (A to L) is used to designate a specific standard plan, with Plan A being the least costly and having the fewest variants. On the other hand, plan J has the biggest […]