Posts Tagged “Senior Health”
Looming Retirement? Make a Retirement Income Plan To Guarantee Income For Life
By Jorge Hiram Garcia, Your Insurance Advisor | April 13, 2012
If you are contemplating retirement or are planning to retire soon, you’ll need to plan in order to make sure your retirement years are as comfortable as possible for you. One thing you need to do is to make a retirement income plan with your insurance advisor to make sure you don’t run out of [...]
Survey Finds Costs of Long Term Care and Nursing Home Care Rising
By Jorge Hiram Garcia, Your Insurance Advisor | April 11, 2012
A recent survey by CareScout of Waltham, Mass., created the latest report by surveying about 15,300 U.S. LTC providers in 437 metropolitan statistical areas defined for the 2010 U.S. census. This survey found the following: The median price for a private nursing home room has increased about 4.2% in the past year, to $222 per [...]
What’s Coming Up for the Affordable Care Act (ACA)
By Jorge Hiram Garcia, Your Insurance Advisor | March 29, 2012
Two of the most pressing ACA changes on the horizon for the marketplace are the implementation of the Summary of Benefits and Coverage and preparation for participating on the public exchanges. Upcoming changes to the Affordable Care Act that are looming include: Summary of Benefits and Coverage Beginning Sept. 23, 2012, all insurers and group [...]
Congressional Update: House Repeals CLASS
By Jorge Hiram Garcia, Your Insurance Advisor | February 9, 2012
Recent news from Congress: House votes to repeal CLASS Act The House voted last week to repeal the Community Living Assistance Service and Supports (CLASS) Act, a part of the Affordable Care Act. Republicans have been working to repeal the health reform law since December, a few months after the U.S. Department of Health & [...]
Congressional Update: Summary of Benefits and Coverage Compliance On Hold
By Jorge Hiram Garcia, Your Insurance Advisor | February 8, 2012
In recent news from Congress: The Affordable Care Act requires all insurers and group health plans to provide consumers with a Summary of Benefits and Coverage (SBC) at certain times, including upon request for information, at the time of application, at enrollment and annually upon re-enrollment. As the March 2012 implementation date for this provision [...]
A growing concern for many Americans, especially Boomers, but also Americans in other generational groups, as well, is long term care. Long Term Care is vital because as a society we are living a lot longer than in the past. Recent advances in medical care and the treatment of disease and illness have advanced much [...]
The National Academy for State Health Policy has recently released a report on the new changes and provisions in the Patient Protection and Affordable Care Act which will affect Long Term Care (LTC) insurance for America’s seniors. Some of the “enhancements” found in these new changes are designed to help seniors avoid nursing homes, coordinate [...]
One good benefit coming from all of the attention being paid to health care reform is the attention being paid to fraud in the medical health care community, much of it perpetrated by health care providers. Many people oppose the reforms fearing a turn to socialist policies by the government. Where there is controversy, however, [...]
How can I determine how much disability insurance I need?
By Jorge Hiram Garcia, Your Insurance Advisor | April 29, 2010
The goal of buying long term disability insurance is to make sure that if a disability occurs, you and your family will have enough financial resources to maintain your family’s lifestyle without having to make drastic changes. You’ll need to make some adjustments of course, but the goals is to ensure that those adjustments do [...]
Why is the impact of disability worse than death?
By Jorge Hiram Garcia, Your Insurance Advisor | April 28, 2010
Disability is the inability to earn a living (this means working for most of us) due to illness or injury. Long term disability results from this type of condition existing for a period of three months or longer. The longer the period of disability, the harder it becomes financially for the disabled, and his or her family.
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