What Happens to My Employer-Sponsored Health Insurance After I Get Medicare?
Posted: April 21, 2023
If you have employer-sponsored health insurance and you will soon be eligible for Medicare, you may be wondering what will happen to it once coverage kicks in. The short answer is yes, you can keep both the coverage provided by your employer as well as your Medicare. You can also choose to drop your employer’s health plan, but it is not a requirement. The size...
Is Joint Life Insurance a Good Idea?
Posted: April 7, 2023
Joint life insurance comes with several appealing benefits. Rather than covering one spouse, the insurance covers both spouses – but only pays one death benefit – when one partner dies. This type of insurance can be more affordable than buying two separate life insurance policies. How does Joint Life Insurance Work? Joint life insurance comes in two different types, called “first-to-die” and “second-to-die.” With first-to-die,...
What Documents Do I Need When Applying for Medicare?
Posted: April 6, 2023
If you are approaching the time to enroll in Medicare, take the time to gather the documentation the agency requires. Medicare allows you to enroll online, by phone, or in person at a local Social Security office. The documentation needed will depend on whether you already receive Social Security benefits. If you do, there is no need to submit documents. If you do not yet...
Health Insurance Frequently Asked Questions
Posted: March 25, 2023
If you have questions about health insurance, we offer answers to some of the most common questions we hear from our clients. Which health insurance plan is the best? No health insurance plan is the best for everyone. Each individual and family has a unique situation with regard to income from work, the number of children, and medical conditions. Choosing the best health insurance requires...
GoFundMe vs. Life Insurance: What You Should Know
Posted: March 22, 2023
You have likely seen a GoFundMe page for someone who suddenly passed away. GoFundMe pages allow others to donate to pay for final expenses or to help the family. These crowdfunding activities may be successful but come with some serious drawbacks. The family left behind is asking others for funds, adding stress to one of life’s most challenging times. Life insurance is a far more...