InsuranceThought — Blogs About Insurance

Purchasing Long-Term Care Insurance – What You Need to Know

When you are considering the purchase of long-term care (LTC) insurance, there are things you must know before you buy. The cost of an LTC policy will depend on three primary factors: your age, your health, and where you live.
Additionally, keep the following in mind:
Buy Early
The younger you are when you purchase your policy, the [...]

Entrepreneurial Health and Disability Insurance Needs

Health and Disability Insurance for the Entrepreneur
One of the greatest concerns a self-employed entrepreneur has is finding affordable health insurance and often, as well, disability coverage. There are myriad decisions to make and a vast number of insurance companies to research. One way to research the companies in your area would be to call and [...]

Health Insurance – Difficult to Obtain, but Not Impossible

This day and age is probably the toughest health insurance issues my generation will ever see. You may have lost your job or the job you have is dropping your coverage, or maybe they are simply raising your premium and you can no longer afford it. Here are just a few suggestions that may be [...]

Understanding the Health Insurance Selection Process

1. DOES YOUR PLAN COVER YOU ON AND OFF THE JOB?
Numerous health insurance plans have specific exclusions that eliminate your benefits for anything that could have been covered under Workers Compensation or similar laws. Now read that last sentence again.
COULD HAVE BEEN covered!?
That is correct. Most self-employed individuals and even some small business owners do [...]

Insurance Needs of a Home-Based Business Owner

When you are just beginning your home-based business purchasing insurance coverage for yourself and your family may not be one of your priorities but it is unwise not to make it such. If – or more likely WHEN – disaster strikes, having insurance will make the difference between your business’s success or its failure.
Though you [...]

Your Health Insurance Open Enrollment Questions Answered

Open enrollment comes but once a year, so the following information can be useful when deciding on the best insurance plan for you and your family for the upcoming year:
What changes can be made to my health plan during open enrollment?

If you aren’t currently enrolled in an insurance plan, you can enroll at this [...]

Insurance Reform – A Good Thing or Bad?

With the failed universal healthcare proposal made by President Bill Clinton during his administration, it is of little surprise that Obama has his critics when it comes to his ideas for reformation of the current system. What exactly are the main points being made by the opposition? Several of the core problems that experts feel [...]

LIFE Foundation Has Determined Most Americans Are in Need of Long-Term Healthcare Insurance

A new survey performed by the nonprofit LIFE Foundation has found that despite the annual cost of home health aides now topping more than $40,000 per year and private nursing homes approaching an annual cost of $75,000, 9 out of 10 Americans do not have a plan that will adequately pay these expenses when the [...]

Understanding PPO Health Insurance

An acronym with which most of us are familiar is “PPO”; what we may not all realize is what it stands for: “Preferred Provider Organization.” This means, essentially, that part of this type of health insurance plan is a network of providers who contract to provide medical services at pre-agreed upon rates in exchange for [...]