Health Conditions

Understanding Medicare: Parts A Through D

It is never too early for someone to start thinking about healthcare coverage. As you approach age 65, Medicare insurance may be top of mind. Most people in the workforce, or their spouses, have been paying into the Medicare fund for most of their working lives. It is your right and in your best interest to understand what Medicare options you might have coming. Medicare is broken down into four parts — A, B, C and D. Let’s take them letter by letter. Medicare Part A: Inpatient Hospital, Skilled Nursing Home, Home Health and Hospice Care The U.S. Congress enacted…

What to Expect at a Life Insurance Medical Exam

Life insurance is one of the most affordable ways to protect your family’s financial security. It’s important for all members of the household to have life insurance. Non-working partners benefit from life insurance too. Many people stress over the medical exam that often accompanies the application process for life insurance. Don’t stress. The following guide will help you navigate the life insurance buying process and medical exam. Who Can Get a Life Insurance Policy? Most people between the ages of 18 and 75 are eligible for life insurance. Working with an insurance sales agency, like us at SelectQuote, can help…

Stay-at-Home Parents Need Life Insurance Too

Stay-at-home parents deserve a great big round of applause. From chauffeur to cook, counselor to bookkeeper, they wear many hats. The 16th annual Mom Salary Survey by Salary.com showed moms could hold 20 titles and work more than 90 hours a week as a stay-at-home spouse. While a stay-at-home parent doesn’t see a paycheck roll in each month, their financial contribution to the family is significant. Salary.com calculated the typical stay-at-home mom in the U.S. would earn a salary of $143,102. A handy calculator makes it easy for anyone to determine their stay-at-home paycheck. While Salary.com’s survey may have focused on…

The Buzz on Marijuana and Life Insurance

It’s no surprise that lifestyle matters when it comes to life insurance. Diet, mental and physical health, family medical history, age, gender, and occupation—these are all common factors that impact life insurance rates. What happens when you add marijuana use to the mix? The purpose, the frequency and several other factors related to marijuana use matter more than marijuana itself when it comes to the cost of getting life insurance coverage. To Tell the Truth As far as life insurance applications go, honesty is truly the best policy. Life insurance policies are legal contracts between insurers and the insured. As…

Sandwiched in: Focusing on Finances While Supporting Family

Whether it’s stories about the “skills gap” being created as Baby Boomers retire or criticism of the expensive coffee habits of Millennials, generations crowd the headlines. No matter what generation your birthdate puts you in, you might find yourself living in the middle of another one – the sandwich generation. The Sandwich Generation Descriptions of the sandwich generation have evolved since social worker Dorothy Miller, first wrote about these caregivers more than 35 years ago. This is due to longer life expectancies, people having children later in life and the increased needs of some dependent children. If you are caring…

De-Mystifying Medicare Supplement Insurance

Paying bills may not be the first thing that people think of when they hear the word retirement, but it’s a reality that retirees, like anyone else, face. With October 15 marking the start of the annual enrollment period for Medicare, now is the perfect time to prepare. Whether you are enrolling for the first time, making changes to your existing coverage or keeping things the same, these tips will help you plan ahead and avoid surprises. Know Your ABCs (and D) Before you can determine what you need, it is important to understand what is offered. Part A (Hospital…

Back Up Your Words With Life Insurance

We all say certain phrases that become part of who we are. And even if they aren’t hashtag-worthy, others are listening. The meaningful words we use to talk about loved ones and our passions provide a glimpse into who we are and what we value most. But you’ve probably also heard the saying, actions speak louder than words – right? It’s important to stop and consider what we say and whether our actions are aligned with our words. Life insurance is one way to back up what we say about who matters most and what we feel is important. Let’s take…

5 Practical Ways to Unplug From Technology

The internet is littered with articles about how to unplug from technology, but the recommendations are often fairly extreme. Suggestions like only checking your email inbox at lunch, leaving your phone at home when you go on vacation, deactivating your Facebook account or ditching the smartphone altogether ring hollow for most of us. When you’re working in a different time zone from your boss, you’re likely expected to stay on top of your email. When you’re away from home, your smartphone is the best way for the dog boarding facility or your mother to get in touch with you. Plus,…

6 Health Tips That Can Also Grow Your Wealth

The relationship between our health and wealth is strong. Those in poor health suffer from a variety of illnesses and incur the high cost of medical care. And when someone is struggling financially, looming debt and the daily struggle to pay bills can negatively impact their health. This can become a vicious cycle of increasing financial hardship and declining wellness. There are moves you can make to help break this cycle or even try to prevent it in the first place. Staying healthy can make a big difference in improving your financial situation. Your level of fitness has both short…

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