Everything You Need to Know about Medicare Open Enrollment in 2023
Posted: September 6, 2023
Everything You Need to Know about Medicare Open Enrollment in 2023For those eligible for Medicare, Open Enrollment is the time to reconsider your options, select a plan, or make other adjustments to your healthcare coverage. The following are answers to key questions about Medicare Open Enrollment. What Is Medicare? Medicare is a federal fee-for-service health insurance program in two parts – hospital insurance (Part A) and medical insurance (Part B). For your medical coverage, you...
3 Health Insurance Options for College Students
Posted: August 25, 2023
3 Health Insurance Options for College StudentsEveryone needs health insurance, including college students. If you are heading off to college in the fall, it is important to make sure you have health insurance, find out where to go in case you become sick or injured, and choose a pharmacy to fill your prescriptions. As for health insurance, the following are three possible options for students attending college. Stay on Your Parents’...
Is Universal Life Insurance Right for Me?
Posted: August 22, 2023
Is Universal Life Insurance Right for Me?Universal life insurance is a type of permanent life insurance that provides lifetime coverage as long as you pay your premiums. Like other permanent life insurance, it has a cash value element that can be used for different purposes. Universal life differs from whole life in that it allows you to lower or raise your premiums within certain limits and offers more flexibility. How Does...
10 Medicare Terms You Should Know
Posted: August 21, 2023
10 Medicare Terms You Should KnowGenerally, eligibility for Medicare begins at age 65. Your initial enrollment period starts three months before you turn 65 and ends three months after the month you turn 65. When the time to enroll in Medicare is approaching, it is important to learn the language. These are 10 Medicare terms you should know. Original Medicare: When you enroll in Medicare, you can choose Original Medicare...
PPO vs. HMO: Which Is Right for You?
Posted: August 10, 2023
PPO vs. HMO: Which Is Right for You?Choosing a health insurance plan is a crucial decision. There are various factors to consider, including cost. The first choice to make is the type of health plan that works best for you. Two of the most common types are HMOs and PPOs. The following is some basic information about both types of health insurance plans and the key differences between them. What Is an...