As a cost conscious health-care consumer, some caution is called for, on your part, where those seemingly “free” annual checkups or well-child visits are concerned. A young mother recently learned this lesson the hard way and shared her story with us. This mother took her 10-year-old twins to their pediatrician’s office in January for their annual wellness checkups. A few weeks later, when she
Now that the Affordable Care Act (aka “Obamacare”) is underway, many missions are looking for ways to comply with the act, but not bust their budgets. Some tools are available that might make sense to consider. Consumer Driven Health Plans (CDHPs) are growing in popularity. Recently, a major health insurance carrier announced that
The Obama administration delayed the implementation of the so-called employer mandate by a year, initially pushing the requirements off until 2015, past the midterm elections. However, in what is seemingly a concession to business, Treasury Department officials announced on Monday, February 10th that the administration would not enforce the rules across the board next year.
Disability Insurance, often called “DI” or “disability income” insurance, is a form of insurance that insures the beneficiary's earned income against the risk that a disability may impede a person’s ability to complete the core functions of his or her work. For example, the inability to focus or maintain composure due to psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. Benefits
About half of all US citizens, especially homeowners who have been in their home for more than 4 years, are under-insured by as much as half of the correct amount. Many do not know what their coverages are, and some can not even find their policies. The final responsibility of appropriate coverage is legally on you, the home-owner (or tenant). Your insurance policy probably includes a penalty for being under-insured. If you are not insured correctly, the aforementioned penalty can be
Wellness programs are being implemented in large and small companies across the country, and the results are positively impacting the bottom line. “Research is showing that it’s more cost-effective to invest in preventive health practices, such as screenings, immunizations, health risk appraisals, behavioral coaching, and health awareness/education, rather than spending resources exclusively on the small minority of employees/dependents
The delay applies to the federal-run SHOP exchanges in almost three dozen states. With a few exceptions, SHOPs in states running their own exchanges have had a smoother rollout.
Nationally, 1 out of 7 drivers is underinsured. As averages go, some geographical areas are better, while others (usually metropolitan areas) are worse. Do not be lulled into thinking that the state laws have corrected the underinsurance problem. No, when we face difficult economies like we do today, auto insurance is one of the first areas to suffer. In an effort to save money, many people are simply giving up auto insurance all together. If cost is a concern, we can often balance your policy’s coverages differently so
About half of all US citizens avoid writing any kind of a will. For various reasons, it is just not done. If you pass away without a will, the legal red-tape gets enormously difficult for those you leave behind. Avoid adding to the emotional stresses of your loved ones by writing a will today! There are many resources online that will help you in writing wills. If your situation is simple, you may do
It is common for the Human Resources person at a workplace to pass out new forms every year during open enrollment, requiring every employee to indicate their personal information and that of their spouse and children, as well as the health plan they are choosing, the primary care physician, etc. It seems that there is always a question that cannot be answered immediately so these forms are set aside to complete later. Sometimes, later is after the deadline