Category Archives: Insurance

Sock away a larger amount of cash and defer paying taxes…….

What are the advantages of annuities? The biggest advantages annuities offer is that they allow you to sock away a larger amount of cash and defer paying taxes. Unlike other tax-deferred retirement accounts such as 401(k)s and IRAs, there is … Continue reading

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Buying Cheap Commercial Insurance

Even if you need insurance for your  business, you might want to pay less for it. That’s reasonable. However, considering all of the types of cover needed (not to mention the amount of each type), is it possible to find … Continue reading

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Texas Health Insurance Rates Raised by 30 Percent

Texas could face health insurance sticker shock for 2017 Insurance firms say new clients forcing increase Demonstrators celebrate the U.S. Supreme Court’s decision in June upholding the Affordable Care Act’s federal subsidies. But now many insurers are seeking hefty rate … Continue reading

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Avoid Beneficiary Mistakes

Naming who should get the life insurance money after you die sounds simple, but designating beneficiaries can get tricky. Mistakes are common, financial advisers say — and they can be heartbreaking and expensive. When mistakes are made “you’re not creating … Continue reading

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What is the positive’s for mandatory health insurance?

With all of the misinformation that has been spread about the Affordable Care Act (Obamacare) it has been difficult to figure out what is true, and what isn’t. As you know, the Act mandated health care for everyone. The reason … Continue reading

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How are Prescription Drugs covered under Medicare Plans?

In today’s marketplace, if you have/want to purchase a Medigap plan and want prescription drug coverage, you would need to enroll in a stand-alone Part D plan. These can be set-up during the annual enrollment period (AEP) or if/when you … Continue reading

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Long Term Care Insurance

Just about everyone knows about nursing homes. All long-term care (LTC) planning advisors know something about assisted living care, home health care, homemaker services and family care. Some LTC planners may have gaps in their knowledge about another major source … Continue reading

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How Obesity Affects Insurance in most states

As America attempts to get a handle on its obesity dilemma, knowing where to focus resources will be a key part of the strategy. A joint survey by Gallup and Healthways of obesity rates by state suggests that the populace … Continue reading

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Wealth Transfer and How it Affects You

1. Too Much Joint Property. To some affluent individuals their “simple solution” to the transfer of their wealth is to have it all titled in joint name. This “simple solution” can cost hundreds and result in costly tax and non-tax … Continue reading

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Insurance company mergers

Employers display a wide range of opinions about the recent mergers of major health insurance companies. Anthem, the country’s second largest health insurer, announced plans Friday to buy Cigna, the fifth largest. That follows news earlier this month that the … Continue reading

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