What is the difference between Whole Life Insurance and Term Life Insurance? Any form of life insurance provides beneficiaries with an ongoing source of income in the event of the breadwinners passing. Highlighted below are the differences between Whole Life Policies and Term Life Policies. Request A Consultation What is Term Life Insurance? Term life […]

Understanding Medicare Enrollment Periods Deciding to Sign Up for Medicare Part B Medicare & You: Traveling Abroad Medicare & You: Understanding Your Medicare Choices Medicare doesn’t cover everything. Medicare helps you get the coverage you need, but you should expect to pay some of the costs. If you choose Medicare Part A and Part B,

It’s a very technical question with several moving parts, so let’s break this down. Medicare Part D is insurance coverage designed to help you save money on your prescription drugs. It’s not covered/managed directly by the federal government like Medicare Parts A and B are. An independent insurance company covers/manages it. There are two main

Medicare Advantage Prescription Drug Plans (MAPD) are also known as Medicare Part C. These plans provide a way for you to receive your Medicare Part A hospital coverage, Medicare Part B medical coverage, and your Medicare Part D Prescription Drug coverage from a private insurance company. If you don’t have an MAPD Plan or Medicare

By now, you’ve determined that you need Medicare, so let’s look at some scenarios of how and when to sign up for Original Medicare. You receive Social Security Income If you are on Social Security Income, and you are turning 65 sometime over the next three months. The good news is that you’ll automatically be

The short answer is no. If you’re on Social Security and turning 65 or on SSDI (Social Security Disability Income) due to a disability and have received income for 24 months, you will automatically receive your Medicare Part A and Medicare Part B card in the mail. If you’re not on SSI three months before

This is a very common question, but it’s not always a simple yes or no answer.  Once someone has received disability income for 24 months, they are put directly into the Medicare system with coverage for Medicare Part A (hospital) and Medicare Part B (medical).    How do I know if I qualify? This year in

https://www.youtube.com/watch?v=UOcZK0V_S5w Medicare does not cover all of the fees for all of the services that they offer coverage for, which leaves behind deductibles, copayments, and coinsurance. This is where Medicare Supplements come in to help. Before you settle on which supplement plan is right for you, though, what’s the true difference between the most common

https://www.youtube.com/watch?v=FE59EtYg0pY This is a great question to ask, and does have somewhat of a simple answer: having a supplement plan is entirely up to you. To understand whether you truly need one, though, it’s important to have an understanding of what Medicare Part A and Part B covers and what they leave behind, which is

https://www.youtube.com/watch?v=6D1u5ApdhiM If you find yourself asking this question, you may be looking into more research to find out if it’s truly right for you. If that’s the case, then let’s take a look at what Medicare covers and what exactly it is. We’ll even go over four case scenarios that you might find yourself in,