Articles
Don’t Expect Medicare to Cover Nursing Home or Assisted Living Expenses
The average nursing home stay nationwide is 2.3 years for men and 2.6 years for women, according to research by the American Association for Long Term Care Insurance. A quarter of those who enter a nursing home facility remain for at least three years, and 12% remain...
Alzheimer’s Drug Costs Spur Reconsideration of Medicare Part B Rate Hike
The Biden administration is considering reducing the 15% hike for the standard Medicare Part B premium for this year after the maker of the new Alzheimer's drug Aduhelm announced that it would halve the price of the controversial medication. But after a preliminary...
Dual-Eligible Beneficiaries Choose Medicare Advantage over Fee-for-Service
Dual-eligible Medicare beneficiaries are more likely to choose Medicare Advantage plans over traditional fee-for-service (FFS) Medicare. A recent study from the Better Medicare Alliance found that 44% of Medicare beneficiaries who also qualify for Medicaid are...
Expressing Gratitude Can Reduce Your Stress
These days most adults and many kids are leading stressful lives. Some have more pressures than others, but stress is relative and depending on our circumstances and overall state of mind, it can have detrimental effects on our health. There are a number of ways to...
Three New Year’s Resolutions for Peace of Mind
While you've probably made some sound New Year's resolutions for 2022, you may also want to consider a few that will give you more peace of mind and better protection. Our ideas for insurance-related resolutions can save you money and ensure that all of your important...
Spring Showers Bring Water Damage; Be Prepared
The old saying goes "April showers bring May flowers." However, those same showers can also bring something unwanted: water damage. Rain that exceeds the capacity of storm sewers, sump systems, bodies of water and the ground's ability to absorb and hold water can...
Does Homeowner’s Insurance Cover Damage to Your Foundation?
If you find signs that your house's foundation may be damaged, it's obviously disconcerting since it is the support structure for your entire home. A damaged foundation can wreak havoc, putting your home off kilter — and making those repairs can be costly. You may...
Car Safety Features That Can Reduce Your Premium
The auto industry continues to roll out new and improved safety features to protect drivers in case of an accident. The good news is that besides saving lives, if you purchase a car with these features, you may earn a discount on your insurance premium. There are a...
Higher Flood Insurance Premiums May Be Coming Your Way
The way the National Flood Insurance Program sets premiums for coverage changed for the first time in 50 years recently. While most people who buy flood insurance will see small monthly increases, others will not. The new rating system, which rerates all of the...
Pandemic Fallout: Employers Boost Mental Health, Substance Abuse Benefits
The COVID-19 pandemic has had profound effects on health insurance in the U.S., with many employers improving mental health and other benefits to help their workers during this trying period, according to a new report by the Kaiser Family Foundation. Despite the...
Employers Curtail Health Cost-Shifting to Workers
One of the health insurance trends that went largely unnoticed in 2021 was that employers halted cost-shifting to their employees by reducing or holding steady workers' deductibles and other cost-sharing. That's according to a new study by consulting firm Mercer,...
Health Expenses a Major Source of Mental Health Issues for U.S. Workers
A new study has found that more than one in four U.S. workers say expensive medical bills are having a major impact on their mental health. Mental health issues have come to the fore during the COVID-19 pandemic, spurring employers to expect their group health plans...