SilverScript Part D Prescription Drug Plans
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Need Part D Insurance? We've Got You Covered!Quote & Enroll Now Request Broker Assistance If you're on Medicare, you may be interested in Aetna SilverScript Part D prescription drug plans. For 2022, their SmartRx plan offers the lowest premiums in the country. This will be a great option for those on a few generics or [...]
October 2, 2020
Category: Medicare Part D
Medical Mutual OSU Network Changes
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Every year there are changes to provider networks for many Medicare insurance plans. The biggest change for 2021 is Ohio State University will no longer be in network for Medical Mutual Medicare Advantage plans. This does not affect all of their insurance plans, however. It's not uncommon to see large providers move in and out [...]
September 18, 2020
Category: Medicare Advantage
What Is An Annuity? Do I Need One?
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Annuities are unique investment tools that are sold by insurance companies and provide guaranteed returns and/or income streams as you get older. They are a great way to supplement retirement accounts or life insurance policies while providing a way of deferring taxes in the short or long-term. How do I know the difference between an [...]
September 10, 2020
Category: Annuities
Six Tips For Lowering Your Medicare Costs
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Let's face it, Medicare insurance can be expensive. Original Medicare Part A is free due to earned work credits, but Part B costs nearly $150 a month for most. And Medicare Parts A & B only cover so much. There are still gaps like deductibles, coinsurance, prescriptions, dental, vision, hearing and so on. So how [...]
August 19, 2020
Category: Medicare Advantage, Medicare Supplements, Retirement Planning
Comparing Bank Certificates Of Deposit To Fixed Annuity Accounts
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If you're looking for a safe and insured fixed-interest account, you'll want to compare fixed annuity accounts to bank CDs. Both offer pros and cons depending on what features are most important to you. The chart below compares the advantages and disadvantages of both accounts side by side. It's important to know that fixed annuities [...]
August 7, 2020
2020 Medicare Open Enrollment
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The 2020 Medicare open enrollment period is fast approaching. It runs from October 15th through December 7th - plan changes will not be effective until January 2021. Our agents are busy training so we can discuss important new plan benefits, costs and features. In insurance speak, this period of time is also referred to as [...]
August 1, 2020
Category: Medicare Advantage, Medicare Supplements
Annuity With An Increasing Death Benefit
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Annuities serve many purposes, but you might want one to safely and efficiently transfer assets to your heirs. One popular annuity feature offers an increasing death benefit to guarantee annual growth. This rider might be appropriate for someone who does not anticipate needing their funds. Perhaps they have ample liquidity and investments elsewhere. The annuity [...]
July 17, 2020
Category: Annuities, Retirement Planning
Which is Better: Medicare Advantage or Medicare Supplement Insurance?
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Currently, there are approximately 66 million Americans enrolled in Medicare. And that number is climbing daily. Medicare is a government-backed health insurance program helping those 65 and older afford health care. However, it does not cover all of your expenses. You'll usually want to supplement your coverage. Unless you have group, retirement coverage, or VA [...]
July 7, 2020
Category: Medicare Supplements, Medicare Advantage
Medicare Supplement Plans K & L
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When researching Medigap policies, you may want more information on Medicare Supplement Plans K & L. These two unique options are less popular than traditional policies like G & N, but they do offer value. They might be right for some, but not all consumers. It's important to understand what you can expect from these [...]
June 26, 2020
Category: Medicare Supplements
United Healthcare Insurance
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United Healthcare offers affordable short term health insurance rates across the country. Individual and family policies are offered through their subsidiaries Golden Rule and Pacificare. Group coverage is offered through United Healthcare and collectively they are all now known as United HealthOne. UHC is well known for their large network of doctors & hospitals as [...]
June 23, 2020
Category: Health Insurance
Cigna Dental, Vision & Hearing Insurance
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Cigna offers several dental, vision and hearing insurance plans to choose from. Some are geared toward dental only. Others are more comprehensive and cover dental, vision and hearing. All are PPO policies that allow you to use any of their 93,000 network providers. Additionally, those who previously had dental coverage can avoid waiting periods on [...]
June 22, 2020
Category: Dental & Vision Insurance
The Pros & Cons Of Short-Term Health Insurance
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If you are looking for affordable health care options, short-term health insurance may be right for you. At Hyers and Associates, we educate our clients about all of their options. Here is what you need to know about this type of insurance. Short Term Health Insurance Has Changed Major changes have occurred regarding the availability [...]
June 16, 2020
Category: Health Insurance
Corporate Annuity Accounts
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With increasing interest rates, you may want to know how your business can invest in an annuity account. In most cases corporations, partnerships, trusts, and other entities can own an annuity. This process works much like it would with individual ownership. That's the good news, but there are subtle differences in how these accounts operate [...]
June 8, 2020
Category: Annuities, Retirement Planning
Do I Need Life Insurance in Retirement?
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Now that you are ready to retire, it means more free time - and sometimes, less income. And with a reduced income, there are thoughts of ways to save money. After all, you also want more discretionary income to enjoy your free time. Is ending your life insurance policy - or never investing in one [...]
May 20, 2020
Category: Life Insurance
Will You Pay More For Medicare?
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If you are approaching your Medicare eligibility, you should be aware of the Medicare Income-Related Monthly Adjustment Amount - IRMAA for short. It applies to higher income earners and results in increased Part B and Part D premiums. These increases might affect your decision to stay on your employer policy. If that's not an option, [...]
May 14, 2020
Category: Medicare Supplements, Medicare Advantage, Medicare Part D, Retirement Planning