Medical Cost Sharing Plan Banner

Cheaper Healthcare? Medical Cost Sharing Plans

Know all the facts before choosing this lower-cost alternative to health insurance. For many households, the costs associated with medical care and health insurance will constitute one of the largest expenditures made on an annual basis. Despite the many reforms that have been undertaken over the last decade, health insurance costs and premiums have continued to rise. This has led …

How Confident are You about Retirement?

Earlier this month, the Employee Benefit Research Institute (EBRI) released their 22nd annual Retirement Confidence Survey. However, the findings of the past several years indicate the report might be more aptly named the lack of confidence survey. Sadly, only 14% of Americans are very confident they will have enough money to live comfortably in retirement.

Is Your Permanent Life Policy in Danger?

There are many people out there today who own permanent (cash value) life insurance for many different reasons. Some people use permanent life insurance to protect their family from a tragic loss, estate planning strategies, or buy/sell agreements within their businesses. While it is our belief that for straight death benefit protection, term insurance is most often a better solution, there are situations where permanent insurance can make sense in an individual’s financial plan. The question that owners of these policies should be asking is, “Will my policy be there when I need it?”

The 5 Players Who Should be on Every Caregiver’s Team

It‘s been estimated that nearly 66 million people in the United States provide care to a family member. Yet many people feel unprepared and unqualified when they are thrust into the role of a caregiver. Luckily, there are experts who can help you with the myriad of responsibilities, decisions, and feelings involved with taking care of a loved one.

10 Things You Should Know about Medicare Part D

1. What is Medicare Part D? Medicare Part D is optional, prescription drug coverage. It helps pay for out-patient prescribed medications. Part D is sold by private companies that are approved by Medicare. 2. Am I eligible for Part D Coverage? If you have Medicare Part A and Medicare Part B, you are eligible to get prescription drug coverage through …

Why Buy Term Life Insurance and Invest the Difference

If you were to die tomorrow, who would suffer financially? This is the planning question you use to decide whether or not you need life insurance. If the answer is no one, it’s simple. You don’t need life insurance. If the answer is someone – your spouse, children, parents or business partners – you do. When the answer changes from …

Step #2 – Retirement Preparedness Checklist: Insure Risks You Cannot Afford to Take

One of my clients, a physician, when discussing insurance, said to me, “We’re all just one step away from the banana peel.” She would know better than most. While it’s not particularly pleasant to think about becoming sick or needing assistance, healthcare and long-term care costs pose very real risks to your retirement nest egg. Can you afford to chance …