Category Archives: Finance Guide

The Affordable Care Act included a health insurance mandate that required most citizens and legal residents to obtain coverage or face penalties when filing federal taxes. While most federal penalties have since been removed, several states still mandate coverage as part of filing state tax returns or risk facing penalties when filing state taxes. Due […]

Cigna scored poorly for plan variety, offering only three plans and no bundling options or loyalty plans. However, its PPO plans boast one of the nation’s largest networks and high annual coverage limits. Preferred Provider Organization (PPO) plans allow you to visit out-of-network providers at reduced costs; however, these plans often feature maximum annual coverage […]

As a Costco member, you likely know that its pharmacy accepts most major health plans and provides its own prescription discount program, known as CMPP – perfect for people without health coverage as well as Medicare or Medicaid beneficiaries. However, it remains unknown whether Costco Pharmacy is one of Cigna’s preferred network pharmacies. CMPP Costco […]

Life insurance on your parents can help cover funeral costs and any debts they leave behind for you, such as mortgage or loan balances. First step to creating an employee benefits policy should be an open discussion about its necessity and gaining consent for its implementation. Getting Started If you want to purchase life insurance […]

Consumers looking for home insurance should always shop around to find the most competitive rates. When doing their research, consumers can utilize JD Power customer satisfaction ratings and the National Association of Insurance Commissioners complaint database to make an informed decision. Amica Mutual boasts an exceptional customer satisfaction rating and offers various discounts. Additionally, they […]

Health insurance helps minimize out-of-pocket medical costs. But if you change jobs and lose employer coverage, transitioning to new coverage options such as COBRA, special enrollment periods or individual plans could become increasingly complex. Learn about your available choices when switching employers. Prior to changing jobs, it is essential that you fully comprehend all available […]

Willy Has Life Insurance: Linda is an understanding and supportive spouse. She gently reminds Willy of their options if the money from their life insurance payout was needed for mortgage or other expenses. Willy’s suicide for insurance money is indicative of his misguided interpretation of the American Dream, which places emphasis on material success over […]

Many health insurance plans provide coverage for various therapeutic treatments; however, the precise scope varies between plans. HMO and PPO health plans typically require referrals in order to see specialists outside their network, while most individual and small employer policies sold on the Health Insurance Marketplace must cover mental illness. What is covered? Private health […]

Independent insurance brokers will do anything to get a 200% increase in their salary commissions. Learn how and why a broker’s salary with total commissions rising 20% is a better deal. Independent insurance brokers are often not attracted by marketing campaigns. Imagine yourself as an insurance salesperson who is earning a commission on every sale, instead of […]

It sounds great to be a professional financial advisor. Few “professional financial advisers” are qualified to sell an investment in fixed annuity income. It is simple to sell a fixed income plan to a qualified prospect. You did not ask me. You ruled me out of a fixed annuity plan based on your guideline statistics. Your assumptions got […]