Workers at smaller companies are often offered group health insurance as a benefit. In fact, many potential employees consider it a major factor when making their employment decisions.
Group health insurance is frequently less expensive than far more limited personal insurance policies.
Individual insurance is often very expensive. Even if a person opts to buy personal coverage through a health exchange, he or she will likely pay more than a person participating in a company group policy.
Group health premiums are lower. Workers may not be denied coverage because of pre-existing conditions, a major benefit for many Americans. Additionally, most group health plans let workers extend their coverage to their families and/or dependents.
Whether the group health plan offers HMOs or PPOs (the two major types of plans), there is usually something for everyone.
If you have the chance to get group health insurance for a lower cost than your personal policy, you and your family will benefit.
Life insurance policies are much more affordable than most people realize. Moreover, they offer priceless support to families of deceased loved ones.
When someone dies without life insurance, those left behind suddenly face a dire financial predicament. That person’s income is no longer a part of the household. Kids will need school supplies. Spouses need medical care. What about the mortgage?
Without the protection life insurance offers, a family may have to grieve and face devastating lifestyle changes simultaneously in order to cope with their new reality.
For a few pennies a day, one can find a life insurance policy that suits individual circumstances and leaves a family a legacy of love. Money can never bring a person back, but it can allow a family to continue their lives while adjusting to a loss.
Life insurance policies are one of the best ways to protect loved ones. Ask a qualified insurance broker for more details.
You reach an age to qualify for Medicare, and suddenly, things seem more complex than ever. You have more health challenges to conquer, and you are not sure how Medicare will serve you. In fact, Medicare does not cover everything you need it to cover.
In such a situation, you should check into Medigap plans to fill in those Medicare coverage holes.
It is a bit like playing chess. You need to move your piece (you) to be covered and protected from attack. So, you sign up for Medicare and figure out what you are missing, then act. By signing up for a Medigap plan, you can fill those needs.
It is actually a whole lot simpler than you may think. Medicare does most of the defensive battling for you as primary coverage. Medigap provides the support that makes the whole board work for you.
The ability to tailor your health insurance coverage is appealing to many older Americans. Move wisely. Medicare and Medigap are health partners created to work in tandem to protect you.
Posted on Tuesday, February 11th, 2014. Filed under
Medicare.
A surprising number of Americans still insist that they cannot afford health insurance, no matter how inexpensive it may be. However, that assertion creates a real conundrum: citizens must carry health insurance to avoid facing large fines.
A policy does not need to present devastating upfront costs to you. Even a policy purchased through a health exchange easily proves its worth. Those without any kind of insurance face the costs of all medical services and procedures alone.
Medical care in the United States is not cheap. If you happen to be in an accident, you may need all sorts of care. Without coverage, anything from a broken wrist to months of inpatient hospital care could cripple your finances. How would you pay your bills without some form of health insurance?
Many defer their health insurance choices, hoping to save money during times of good health. But good health can leave you without warning.
Reconsider. Choose to carry health insurance.
If you run a small business, you may wish to offer your employees group health insurance. It’s an excellent, attractive offering that has short- and long-term benefits for your workers. Group insurance allows employees to get medical, dental and perhaps vision insurance for a lower cost than they would find individually. With group insurance offerings, your company can better compete to hire the best potential employees.
There are two types of small group insurance: Preferred Provider Organizations (PPO) and Health Maintenance Organizations (HMO). With PPO insurance, those enrolled pay a deductible but may see any doctor they wish within in a specific network. Participants do not need referrals for diagnostic appointments or to see specialists. If they see a medical professional out of their specified network, they pay higher fees and make a claim for the difference later. HMOs restrict whom a patient may see and what services they may get. Any treatment must be provided by a medical profession within the network. The primary doctor manages the patient and makes referrals when needed.
Before choosing a plan, find out as much as you can about each. Decide what suits your business environment and workers best.
No one likes talking about life insurance. Death and dying can be frightening, upsetting topics to you and your family. But you must conquer that fear if you want to protect your loved ones in the (ultimately inevitable) event of your death. The problem doesn’t go away if you avoid talking about it. Life insurance ensures that you can leave your family a stream of income if something happens to you. Avoidance is not worth the risk to your family’s long-term wellbeing.
Your family is important to you. You work hard to provide them with what they need. If you are not there, how would your family carry on without any financial support? Life insurance provides security and support for your family’s care when you are gone. Don’t delay the decision. Others are depending on you to make the responsible one.
If you do not carry health insurance, consider getting it soon. If you do not have coverage by 2014, you will be faced with a fine. Health insurance exchanges are already doing business in many states, and there isn’t much doubt that health care reforms will continue to introduce changes to the coverage landscape.
If you want to maintain some control over your coverage and choose a plan that deals with your personal needs and wants, act now. Speak to private health insurers to learn about your options. Health insurance policies have never been more competitively priced than they are now. Remember, without some form of health insurance, someone will need to pay the enormous bills should you ever need serious medical treatment. Make sure you and your loved ones never face such impossible payments.
While many companies are either eliminating or downsizing health benefits for their workers, group insurance still remains one of the most cost effective choices to still offer employees health care benefits. Even though the economy appears to be variable on any given day according to what is happening in the White House, businesses need to stay running and offer their workers some form of health insurance.
In the alternative, those same workers could also opt to apply for group insurance on their own, and take advantage of the lower rates and have choices over what they want for coverage. Many company controlled health insurance plans offer coverage for things people may never use, but are still paying for out of their salaries. Groups of like-minded individuals can band together and apply for group insurance the way they want it. It’s certainly better than having no insurance at all.
It’s been said that Medicare and Medigap supplement insurance is so convoluted people would rather avoid dealing with the issue. Certainly there are a fair number of things that someone who just turned 65, or who is older, does need to know about Medicare and Medigap insurance supplements, but it does not need to be a major exercise in frustration.
The best time to find out how Medicare works is to start doing some research before you reach the age of 65. Ask around, do some reading, speak to an insurance agent. Yes, that’s right. Pick up the phone call an experienced Medicare insurance agent. They know their products inside out and can suggest a custom fit insurance package just for you, including what Medigap supplements work the best with your Medicare coverage.
This saves you endless hours of time trying to determine what might be the best way to go to get everything that you need. It’s far easier than you might think getting the perfect Medicare/Medigap custom insurance coverage that makes sense for you and your spouse.
Posted on Wednesday, November 20th, 2013. Filed under
Medicare.
Even though many people few they cannot afford health insurance, the truth of the matter is really that they cannot afford not to have it. It’s a simple matter of factoring in what life offers up from day-to-day, and sometimes that is an unwelcome medical surprise.
If you are in an accident, slip and fall and break a limb, sustain head trauma or experience heart issues, and need to go to the hospital, if you do not have insurance, the bill will virtually bankrupt you. Even one day in hospital can cost up to $3,949, and that is just for staying there, not adding in all the extra things you may require, such as medications, an extra pillow or a wheelchair.
Not having health insurance is not an option, and soon, by law, there will be no other option but to have it. Act now and retain some control over what you choose that works the best for you.
