FAQs: Understanding The Many Medigap Insurance Policies

Every single day, nearly 10,000 Americans who are 65 years of age or older enroll in Medicare for the very first time. However, because classic Medicare doesn’t cover some very important medical expenses, there is a great need for supplemental health care plans. Nicknamed “Medigap insurance,” these supplemental plans help thousands of seniors pay for necessary medical expenses that they would struggle to afford otherwise. If you’re exploring the many types of Medigap insurance policies for the first time, here are some frequently asked questions that will help you understand Medigap insurance. How many Medigap insurance plans are there? The current plans are Plan A, Plan B, Plan C, Plan […]

FAQ: Why Do Employers Choose Long Term Disability Insurance?

Many employers now choose to offer their employees long term disability coverage, which can cover living expenses, wages, and other costs in the event that an employee suffers a major accident or illness. The insurance benefits that come with these plans vary widely depending on the type of plan and coverage an employer chooses, but all of them can offer employers and employees alike peace of mind that they will be taken care of when the worst comes to pass. In days gone by, disabled employees were often out of luck and out of a job, but long term disability insurance is changing that sorry state of affairs. Today, there […]