Easing the Transition From Group Health Care Coverage to Individual Health Care Coverage

Transitioning from Group Medical Insurance to Individual Health Coverage can be a confusing and tedious process. Bearing in mind a few facts may help ease your post-retirement transition for health coverage as well as life insurance.

1. Jim DeRose of Smith & DeRose Insurance suggests researching new health coverage 2-3 years prior to retirement. “Especially since the possibility of job loss is a real concern today,” says DeRose. Planning ahead to find out what type of insurance will satisfy your (and your family’s) needs post-retirement could save you a costly mistake such as becoming un-insurable.

2. Recognize the difference between a Captive Agent and an Independent Insurance Agency (or Broker). Captive Agent refers to one that represents one carrier. They are ‘captive’ to the products under their company. Conversely, a good Independent Agent (or Broker) acts as a consultant, gets to the root of your specific set of circumstances, and offers solutions for health insurance, life insurance ultimately guiding you through an otherwise confusing and tedious process.

3. Consider COBRA as a health coverage option upon retiring. By law, most employers must offer COBRA. This could be the easiest, least expensive route for the initial eighteen months. An ethical insurance broker will be able to guide you through your options, explain the laws, and help you make an informed decision for your and your family’s health care coverage.

4. Navigating through the maze of insurance information can be daunting. There are many options available for health, dental, vision, and life insurance. Cheaper does not necessarily mean better, nor does it mean you’ll get the coverage you need. A well-versed Independent Agent (or Broker) can turn chaos into calm by asking pertinent questions about your specific situation, and alleviating a potentially overwhelming insurance acquisition process.

5. Pre-existing conditions and the web of laws surrounding this issue is becoming far more convoluted by the month. Consulting an Independent Insurance Agent (or Broker) will be your best course of action to ensure you’re planning wisely for you and your family in long run.

6. Supplemental insurance will likely be a necessity for any Boomer. Pay close attention to the Medicare coverage.

7. Plan for and secure life insurance and final expenses. “You may not be sorry, but your loved ones will. It’s got a boring, terrible stigma, but the reality is that most people leave these issues to their heirs,” says DeRose. If you’re incapacitated by an accident, insurance can help your family through the financial hardship so they can deal with the trauma much easier. DeRose adds, “The average funeral is now $8-10k.” Pre-paying a funeral locks in costs today and avoids unwelcomed financial shocks later.”

While Comparing Health Insurance

Finding a good health insurance that is cheap and best is a daunting task. For that one has to do enough research and analysis to discover the most suitable insurance plan that could give him maximum benefit. Generally health insurances are less expensive compared to other insurance plans. Though many of us neglect the idea of health insurance, it is important that we should protect ourselves from illness and other health hazards.

No doubt there are plenty of insurance providers that offer a wide range of insurance policies and in a sea of options available in the market it is not easy to find the right kind of coverage in a right price. But, this difficulty can be overcome if one compares insurance plans of different providers through different perspectives.

A proper approach and a little bit of awareness can help a buyer to compare health insurance. Firstly in case of people who are employed, he should enquire about the health insurance coverage given by his office. Usually employers provide better insurance options, so it is always sensible to opt for such insurance to save more and get comprehensive coverage.

Again while opting for a health insurance one should compare insurance in terms of the time it takes to take care of the medical problem and also the time period they require to provide a physician attention, because some plans will make people wait for a long period to see a physician, while others gives instant attention.

Also, before buying a health insurance plan one should also compare Fee-for-service, Preferred Provider Organizations (PPOs), Point of Service (POS) and Health Maintenance Organization (HMO) insurance plans. In case of PPOs plans one has to choose a physician from the list of physicians coming under this plan. So, in such plans the greatest disadvantage is that the insurer cannot change his doctors. On the other hand, though HMOs are highly restrictive in allowing service flexibility they are less expensive in terms of health benefits.

Therefore before going for a health insurance one should compare various aspects of the insurance plan, such as home health care, choice of doctors, level of paperwork, location of hospitals, monthly premium, deductible, co-insurance amount, annual limits on pay out and maximum out of pocket benefit in one year etc. A buyer should also compare the amount promised for surgery, mammograms, X-rays and other preventative tests. One should also compare insurance plans in terms of the coverages offered for immunizations, and maternity, mental health, dental, vision and baby Care.

How to Get Affordable Child Health Insurance in California

More than one million children in California do not have health insurance. That means these children may be lacking basic well-baby care, vaccinations, and dental care, not to mention necessary care during an illness. Here are the options that are available for affordable child health insurance in California.

Employer Insurance

Most Californians receive coverage through their employers. This is the most economical form of insurance, as the employer usually pays part of the premium. However, small companies may not be able to offer affordable coverage to their employees.

Government Assistance

The California state government offers several programs to help families afford health care for their children:

* Medi-Cal is a public health care program for low-income children and families. It provides free comprehensive medical, dental, and vision coverage.

* The Healthy Families Program provides low-cost health, dental, and vision coverage to children whose families do not qualify for Medi-Cal but cannot afford other health care coverage.

* Some local coalitions offer health care programs to families that do not qualify for either of these programs.

For more information on these state-sponsored programs visit the California Department of Insurance.

Private Insurance

While this is the most expensive form of coverage, it’s the choice for over 600,000 Californians and may be your best choice. You have many options to choose from, including HMOs, PPOs, POSs and traditional fee-for-service (indemnity) plans

To find affordable private insurance, begin your search by going to an insurance comparison website. This type of website makes it fast and easy for you to get and compare quotes from different companies. All you do is fill out one simple form with information about yourself and your insurance needs. Once the form is completed, you’ll soon begin to receive quotes from multiple A-rated companies (see link below).

Florida State Health Insurance – A Guide

What is Florida State Health Insurance?

For those people who have been denied medical insurance due to certain medical conditions, the state of Florida offers an alternative means to get insured, as directed by the Florida Legislature.

The sunny state is one of the costliest when it comes to health insurance. Moreover, the balance of power is largely in favor of insurance companies than individuals; for instance, there is no upper limit to what an insurance company can charge you for its policy. This, along with a lack of widespread competition, has helped in creating a market monopoly that has driven policy prices upwards.

To combat this, and to provide individuals denied medical insurance along with those who cannot afford insurance from a private providers, Florida came out with its “Florida State Health Insurance” scheme. The plans provided by the state under this scheme are invariably superior in terms of cost and payment than those offered by private companies.

Who is Eligible for This Scheme?

If you’re a resident of Florida for over an year, you qualify for the state of Florida health insurance. Usually, if you’ve been denied insurance by a company on medical grounds, you will be covered by this program.

Florida also has provisions for medicaid to families from the lower income brackets who cannot afford regular health insurance from private providers. Under this program, you are required to consult your neighborhood Division of Family Services, which will provide you with all the necessary information and the requisite application forms. The application procedure involves answering certain questions about your finances and past medical history; the percentage of people approved for insurance are always quite high.

What Coverage Does the Program Offer?

This program covers all aspects of a family’s health: dental care, eye care, emergency visits, and of course, doctor visits.

Additionally, children who do not get coverage through their parents’ employment are also covered through a public/private program called the Florida Kids Healthy Corporation. Applications can be submitted online through their website at HealthyKids.org.

Who Else is Covered?

The Florida state health insurance program also covers “federally eligible individuals” – chiefly, those individuals who’ve accrued a total of 18 months of creditable coverage and have not had more than a 90 day gap between coverage – as defined by the Health Insurance Portability and Accountability Act (HIPPA). To check whether you qualify as a federally eligible individual, please consult the HIPPA website. This scheme is specifically designed for individuals who’ve lost their employment and thus, are without coverage.

What is Pomegranate & Its Health Benefits?

What is pomegranate, anyway? Sized much like an orange, it has a shell that cannot be eaten and inside are cells with seed kernels inside. Around each of these seed kernels, there is as juice sac, which is where pomegranate juice is extracted from. The flavor of pomegranate juice can range from pleasantly tart to very sour. Many people compare a good pomegranate flavor to a sour cherry taste. It is used to create grenadine, which is usually used in many mixed drinks at bars. Many times, plain pomegranate juice, which is consumed for pomegranate health benefits, is mixed with raspberry or blueberry juice for a better taste.

The benefits of juice of a pomegranate for health are enormous! Learning about the benefits of pomegranate has really opened my eyes to why I should be drinking antioxidant juice. One of the best pomegranate health benefits is that it is known to prevent or help with three types of cancer. Breast cancer is reduced when the pomegranate attacks cancer cells, lung cancer growth is slowed or stopped, and prostate cancer can all be either prevented or improved with the use of antioxidants juice such as pomegranate juice. For men suffering from prostate cancer, it was shown in a study that 8 ounces daily prohibited the need to do any additional traditional cancer-fighting treatments such as chemotherapy or radiation.

The benefits of pomegranate are also shown to include protecting the fetus brain if ingested during pregnancy, preventing deterioration of cartilage, protecting the arteries, and preventing Alzheimer’s disease. Additional pomegranate health benefits include lowering bad cholesterol, increasing good cholesterol, lowering systolic blood pressure, and preventing plaque on the teeth. We can all certainly benefit from these incredible health benefits of pomegranate! The primary reason why pomegranate juice has blown the top off the antioxidant juices market is that it has higher levels of antioxidant properties, making it much more valuable as a health agent than other juices made of fruits.

Drinking pomegranate juice is a great way to improve your health overall, and not only that, it’s convenient! Cancer prevention, heart health, dental health, and diabetes help are all great reasons to partake in the pomegranate health benefits.