Life & Health Insurance Reports

There is good news and bad news on the individual health care front. Today it’s much more difficult for individuals in certain parts of the country to purchase federally subsidized health care coverage on the Affordable Care Act (ACA) marketplaces. Many major insurance companies, such as United- Health Group, Humana and Aetna — tired of…

Many Americans dream of retiring early. If that’s your dream, too, you must do some homework and make preparations. First, early retirement age usually is considered either before age 62 — when Social Security benefits kick in — or before age 65 — when Medicare benefits take effect. To ensure you know what to do…

In March, House Republicans submitted a plan to dismantle the Affordable Care Act (ACA), but the plan is expected to go through numerous changes before it can earn bi-partisan support to become law. Many Republicans believe that, even though the new plan is more oriented to the free market, it doesn’t go far enough to…

With the Trump Administration and Republican-controlled Congress working to replace the controversial Affordable Care Act (ACA) by 2018, there are plenty of opinions as to whether it’s a good thing or not. The ACA was passed in 2010 and took effect in 2014. It was designed as a way to ensure all Americans have access…

When planning for your retirement, where you’ll live will be one of your biggest and most important decisions. According to AARP, most Americans “retire in place.” They enjoy being near family, friends and their current amenities. Those who want change can be satisfied by frequent vacations or stays at a getaway home. If you do…

Unfortunately, having health insurance doesn’t mean you’ll be able to afford the out-of-pocket expenses not covered by your insurer. The Commonwealth Fund released a survey in 2014 that found 31 million adults aged 19 to 64 were underinsured. It defines an underinsured person as someone whose out-of-pocket medical expenses — not including premiums — are…

What many people don’t realize is that survivors face several types of financial difficulties after a salary earner’s death, besides the loss of income. Here are a few life situations that life insurance can help your heirs handle more easily. Debts: Your debts don’t die after you pass away — they become your heirs’ responsibility.…