The Problem: Rising Health Insurance Rates With June now upon us, it is officially the rate-setting season. It’s the time of year when health insurers tell state and federal regulators how much they plan to charge for premiums next year. However, as of now, the Trump administration has yet to […]

How to Combat Rising Health Insurance Rates in 2017-2018

Aetna Leaving the Marketplace Health insurance giant Aetna said Wednesday that it will not be participating in any Obamacare exchanges in 2018. T.J. Crawford, Aetna spokesman, says that their products on the individual market “lost nearly $700 million between 2014 and 2016.” He projects the company to “lose more than $200 million in […]

Aetna and Humana Exiting the Obamacare Exchanges

health care
Currently, talk about healthcare reform dominates the news. Questions and concerns arise as people speculate whether or not the current administration will repeal and replace the Affordable Care Act. Though the House has passed its version of the new healthcare bill – the American Health Care Act – the Senate […]

Healthcare News Update: Obamacare Still In-Force

Do you have life insurance or disability income insurance through your employer? If so, it’s important to make sure that the payment – if deducted from payroll – uses after-tax dollars. Likewise, if you’re self-employed or a small business owner, you should not pay for the policy through the company. Instead, you should […]

Be Sure to Use After-Tax Dollars to Pay for Disability ...

Compared to other disability income insurance plans, accident-only disability is perhaps the most inexpensive. And like many other insurance policies, accident-only disability income insurance gives the policyholder benefits so long as they pay the premiums on time. If injured and unable to work, accident-only disability income insurance replaces a portion […]

Accident Only Disability Income Insurance

Short Term Medical Plan Companion Life
Due to rules issued by the previous administration, consumers can only purchase short-term medical plans for 90 days at a time. Then, after the 90 days are over, the consumer has to re-apply. Within a year, a person would have to apply for a short-term medical plan four times. An […]

Companion Life Offers New Short Term Medical Plan

Guaranteed Renewable Though different, guaranteed renewable is something else everyone should consider when shopping for disability income insurance. Essentially, this rider renews the policy each and every year so long as premiums are paid on time. This removes the hassle of reapplying. With this guaranteed renewable, rates can still increase. Contrastly, […]

Know the Difference: Guarantee of Insurability vs. Guaranteed Renewability

Why You Need Non-Cancellable Riders on Your Disability Income Policy Non-cancellable riders are a must-have on a disability income policy. If the carrier allows this rider, then it’s definitely worth considering. Essentially, a non-cancellable rider ensures static rates. In other words, once the policy is in effect, the insurance company […]

Non-Cancellable Riders on Disability Income Insurance

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Residual disability insurance is a rider that can be put on a long-term disability income policy. It is something that everyone should consider. If disabled, this rider guarantees that when you return to work you won’t lose all your disability income at once. Since recovery takes time, not everyone can […]

Residual Disability Benefits

Long-term disability income insurance ranges in how long it will cover an individual. Someone can purchase this type of disability income insurance for as little as one year; however, it can cover someone until age 67. Ideally, a person should consider purchasing this type of insurance while they’re young because […]

What to Expect When Applying for Long-Term Disability Income Insurance