How Long Does the Average Person Need Long-Term Care? Long-term care is assistance with activities of daily living (ADLs) or personal care needs, which are tasks that people typically need or perform on their own. These tasks can include bathing, dressing, eating, using the toilet, and getting in and out of bed. Long-term care can…
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Physician Disability Insurance Physicians face a unique set of challenges when it comes to protecting their financial future. Not only do they have a high earning potential, but they also rely heavily on their physical and cognitive abilities to perform their duties. As a result, they are at a significantly higher risk of experiencing a…
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At Thanksgiving, Let’s Talk About Life Insurance Thanksgiving is a time for family, friends, and gratitude. It’s also a time to reflect on the things that are important to us, such as our loved ones and our financial security. Life insurance can help provide peace of mind knowing that your loved ones will be taken…
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The History of Medicare Medicare is a federal health insurance program for people aged 65 and over, as well as people with certain disabilities. It was signed into law in 1965 by President Lyndon B. Johnson. Medicare is the largest health insurance program in the United States, covering over 63 million people. The History of…
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Group Medicare: An Alternative to Traditional Medicare Medicare is a health insurance program for people ages 65 and older, as well as people with certain disabilities. It is a federal program, but it is administered by private insurance companies. There are two main parts of Medicare: Part A: Hospital insurance Part B: Medical insurance Medicare also offers…
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Medicare’s Exclusion Of Weight-Loss Drug Coverage For many individuals struggling with obesity, weight loss drugs have emerged as a beacon of hope, offering a potential pathway to improved health and well-being. However, for Medicare beneficiaries, accessing these medications can be an uphill battle, as Medicare’s Part D prescription drug coverage explicitly excludes weight-loss drugs. Unraveling…
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Embracing the Holiday Spirit: Medicare Leave Of Absence The holiday season is a time for cherished traditions, family gatherings, and creating lasting memories. For many older adults residing in skilled nursing facilities (SNFs), the festive spirit can evoke a desire to participate in these heartwarming celebrations. Fortunately, Medicare, the federal health insurance program for individuals…
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My Variable Life Insurance Death Benefit If The Market Goes Down? The death benefit of a variable life insurance policy is tied to the performance of the underlying investments in the policy’s cash value account. If the market goes down, the death benefit will also go down. This is because the cash value account is…
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Optional Waiver Of Premium Rider A waiver of premium rider is an optional add-on to a life insurance policy that waives or pays your life insurance premiums for you if you become disabled and unable to work. This ensures your policy stays in force even if you can no longer afford the premiums yourself. How…
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ELI5 What Is The Benefit Of A Term Life Policy Imagine you’re a superhero, and your superpower is protecting your loved ones from financial troubles if something happens to you. That’s what a term life policy is like. It’s like a secret weapon that helps your family stay safe and secure in case you’re not…
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