A survey released last year uncovered an incredible statistic:
64% of Americans with a high deductible health insurance plan delayed medical care because they didn’t want to or could not pay their deductible.
Frankly, while it’s a bit alarming, it is not at all surprising. After all, deductibles and out-of-pocket costs keep getting higher as families and employers …
We’ve given up trying to predict what the outcome will be of the various political processes involved in trying to repeal and replace Obamacare! It may or may not happen.
We have to work with what the situation is now. And as of this writing, Obamacare is still the law that governs individual health insurance. And …
We’ve written a lot about short-term health insurance over the years because it’s a perfect way to fill a gap in coverage if you’re moving, changing jobs, or related needs.
It’s also become a popular alternative to Obamacare.
The latter reason is why the federal government (specifically HHS) has issued new guidelines that mandate that short-term policies …
The first real fork in the road when you enroll in Medicare is deciding whether you want “Original Medicare” and a Medigap plan or you want to enroll in a Medicare Advantage plan. Here are a few things you need to consider.
There are several variables that affect what you pay for Medicare.
As you know, there are several components of Medicare, so let’s try to break down the cost of each:
Generally speaking, you can apply for a Medicare Supplement (Medigap) plan anytime, but there’s a very important distinction you need to know.
Medigap Open Enrollment Period
The best time to purchase a Medicare Supplement plan is during your initial enrollment into Medicare itself. This initial enrollment period, sometimes called your “Medigap Open Enrollment,” begins the first day of …
To understand Medicare Supplement plans, let’s take just a moment to make sure we’re clear on Medicare itself:
Medicare Part A essentially covers hospitalization.
Medicare Part B basically covers doctor visits and other outpatient services.
Together, Medicare Part A and Part B are what is typically described as “Original Medicare” or standard Medicare. Most people are automatically enrolled …
While Medicare covers a lot of your health-related expenses, it does not provide help with dental insurance.
So for most dental care like cleanings, fillings, tooth extractions, dentures, dental plates, etc., you’ll be on your own.
Medicare Advantage plans may choose to offer dental insurance as part of their plan, but you’ll be limited to their network of …
People (like us) throw around the term “Medicare Supplement Plan” a lot… but what does it mean?
A Medicare Supplement Plan fills in some or all of the coverage gaps in Medicare Part A and Part B, which are what you can think of as standard Medicare.
Standard Medicare doesn’t cover everything – there are certain out-of-pocket …
What if I told you that you could get up to $500,000 in term life insurance coverage without any nurses or needles?
For many people, the dreaded “paramedical exam,” where you get poked and prodded by a nurse, is the greatest hindrance and hesitation to getting term life insurance.
We work with multiple life insurance companies that …