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 There are no IRS-imposed annual contribution limits, and annuity earnings grow tax-deferred until the funds are withdrawn or paid out as income.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 […]
April 18, 2016
AgencyWhat Are Indexed Annuities?
What Are Indexed Annuities? According to The National Association of Insurance Commissioners Buyer’s Guide, “An indexed annuity is a fixed annuity, either immediate or deferred, that earns interest or provides benefits that are linked to an external equity reference or an equity index. When you buy an indexed annuity you own an insurance contract. You are […]
April 18, 2016
AgencyIndividual Dental Insurance Plan – Reduce Fee Dental Insurance
Individual Dental Insurance Plan – Reduce Fee Dental Insurance If you would want a more affordable dental insurance coverage, you can always go for the reduce fee dental insurance coverage plan. Such coverage however will also be on a reduce coverage basis, which would correspond to the plan. These plans are designed to give the most affordable kind of a […]
April 18, 2016
AgencyThe N Medicare Supplement Insurance Plan
The N Medicare Supplement Insurance Plan Most of the Medicare Medigap plans on the market are similar in kind with slight variations in coverage as they include or exclude various benefits categories (such as Part B deductible or excess charges). The N Medigap plan is a bit different than the rest and consequently it has been pretty popular […]