The Advantage of Medicare Advantage If you’re entitled to Medicare chances are that you’re regularly bombarded with advertisements aimed at selling you Medicare insurance. But isn’t Medicare itself insurance? Why do you need more? Why are there so many choices? What are they covering that Medicare isn’t? What’s the difference between them? Can I afford […]
Archives for June 2015
Same Sex Marriage Health Insurance Coverage
With the Supreme Court’s ruling on Obergefell v. Hodegs numerous same-sex couples who have been waiting and fighting for years, or maybe even decades, to embrace their right to get married are finally able to do so in all 50 states. This is a huge win both culturally and historically but this also means that […]
How Does Whole Life Insurance Work?
As the saying famously goes, you can’t take it with you. But just because your amassed wealth won’t travel with you into the afterlife doesn’t mean you aren’t leaving loved ones behind that depend on your income to stay afloat. Without your income, a spouse, partner, and/or kids could find themselves in jeopardy of losing […]
How Will Obamacare Affect Doctors?
Most people are slowly figuring out how Obamacare affects them personally. For one thing, everyone is now responsible for carrying health insurance, whereas it wasn’t mandatory before the passage of the Patient Protection and Affordable Care Act (ACA, or Obamacare). And those who fail to obtain “minimal essential coverage” will be subject to fines for […]
Who is Eligible for Obamacare?
The short answer is that everyone is eligible for coverage under Obamacare. Since the Patient Protection and Affordable Care Act (ACA, or Obamacare) passed, requiring all citizens to carry health insurance policies, the government has provided a marketplace by which any and every American citizen can sign up to receive coverage (although the system and […]
What Does Life Insurance Cover?
Pretty much everyone is aware of the benefits associated with life insurance. When you pass away, you want to make sure that there are provisions for your loved ones so that they won’t face financial hardship in your absence. This could mean leaving enough to cover your end-of-life expenses (burial, cremation, and so on), or […]
How Long Do You Have to Carry Mortgage Insurance?
When you find the home of your dreams and you get pre-approved for a loan, you might not realize that your lender is likely to require a number of costs in addition to your mortgage payment. Most people aren’t surprised that they have to shell out the dough for a homeowners insurance policy. In the […]
Is Whole Life Insurance a Good Investment?
There are many ways you could invest your money when planning for your future. For example, most people opt to put pre-tax dollars into the 401k plans offered by their employers. Some businesses even provide matching funds up to a certain percentage, allowing contributors to double the amount of money going into their retirement accounts. […]
What is the Difference between Term and Whole Life Insurance?
When it comes to choosing the life insurance policy that’s right for you, now and in the future, you’ll find that the number of options available to you can be a bit overwhelming. Certainly, you want to do your part to make sure your loved ones aren’t burdened with undue expense in the event of […]
Can You Add a Parent to Your Health Insurance?
Whether you purchase health insurance as a benefit through your place of employment, you elect to pay for private coverage, or you use the government marketplace to remain in compliance with laws requiring every citizen to be insured, you can save some money by adding a spouse, partner, and/or dependent children to your policy rather […]
