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 […]
May 5, 2016
AgencyThe Overlooked Annuity: Equity Indexed Annuities
The Overlooked Annuity: Equity Indexed Annuities Equity Indexed Annuities have a place in many people’s retirement accounts. Unfortunately, they aren’t as well known as variable or fixed annuities and customers and sales reps often overlook them because of lack of awareness. Equity indexed annuities provide a method of fighting inflation, participating in the market and still remaining risk […]
May 2, 2016
AgencyMedicare Premiums
Medicare Premiums Many people have a lot of questions about Medicare Premiums. Some have concerns about their cost, their coverage, or their processes. While it is true that costs of premiums may increase every year, there are basic guidelines, which every Medicare member may need to know. Most of these are probably familiar already, but here […]