No one wants to pay for insurance, but everyone is glad it’s in place when it’s needed. If I didn’t think that having some forms of insurance was important, then I’d cancel all my policies and do something else with my money. Unfortunately, I don’t think it’s a prudent decision for me (or probably most people) to do so at this time. A lot of people have multiple types of insurance including life, disability, health, dental, homeowner’s, auto, and so on. But is that enough?
Insurance
Health Insurance Marketplace Open Enrollment 2018
4 minute read
Today marks the first day that you can enroll in health insurance through HealthCare.gov, the US government’s health insurance exchange. Open enrollment in 2018, for insurance that is effective January 1, 2019, is from November 1 through December 15. If you don’t have health insurance available to you through your employer, or any other source, then you want to make sure that you enroll in a marketplace plan before December 15 so that you have coverage for 2019. If you fail to enroll in a plan by December 15, and you don’t have a qualifying event in 2019 that makes you eligible for a Special Enrollment Period, then you’ll be without health insurance for the whole year or will have to resort to an option such as short-term health insurance, which is less than ideal.
Health Insurance Options 2018
7 minute read
Earlier this month, I turned 26 years old which means that I’ll no longer to be covered under my parents’ health insurance as of the last day of September. Since I work for a small business that doesn’t provide insurance, it’s up to me to find coverage for myself. Navigating the health insurance landscape is very confusing so I wanted to document my findings and hopefully make the process easier for others, whether you’re aging out of coverage on your parents’ policy or you’ve lost coverage for any other reason. This isn’t going to be an exhaustive review, but hopefully more of a helpful guide to point you in the right direction and offer some of the insight that I’ve found through my research.
Don’t Lose Your Insurance
2 minute read
Have you ever thought about what would happen to the life and disability insurance coverages that you have through your employer if you quit your job, found new employment, started your own business, were fired, or retired? They’d probably be gone, right? And your family would be left unprotected.
Are You Afraid of High Deductible Health Plans?
3 minute read
When Open Enrollment comes around, a lot of people simply choose the health insurance option that has the lowest deductible rather than completing an in-depth analysis of the benefits of each of the available plans. Although they’re becoming more popular, many people shy away from High Deductible Health Plans (HDHPs) due to the seemingly large cash outlay required. Even the name sounds scary.
Do You Have Disability Insurance?
1 minute read
Let’s say that you’re walking down a sidewalk on your way to your favorite store to buy a new outfit and you come across the infamous banana peel on the ground. Of course, you’re not paying too much attention to where you’re walking and you step on it, which causes you to slip and hit your head on the concrete.
Cancer Policy
< 1 minute read
I don’t sell financial products, and if it’s up to me, I never will. Sometimes I wonder how it can even be legal to sell some of the crap that’s on the market.
