This post will help you decide Who Should Buy An Annuity. There are many types of annuities. In many cases an annuity is a contract between a person and an insurance company. Often, the person is giving the insurance company an amount of money for a guarantee of future income. Now there are multiple types of annuities the make finding the right annuity more complex. The Single Premium Indexed Annuity (SPIA), Fixed Indexed Annuity and Deferred Income Annuity all popular but have different uses.
Below we have provided some information about Medicare Advantage Plans Connecticut 2014.
Medicare Advantage plans have become the go to option for seniors. Advantage plan enrollment has increase from a little over 5 million in 2004 to over 13 million in 2013. While the number of people enrolling has increased, the value of the benefits inherent in Advantage plans has been steadily declining year over year.
What is a Medicare Advantage Plan? A Medicare Advantage plan is an insurance plan that insurance companies offer that have benefits similar to a group health insurance plan. (There are some differences however). Because these plans are referred to by different names, there is often confusion about what Medicare Advantage plans are.
A Medicare supplement plan (Also called Medigap) is an insurance policy that is designed to cover the benefits that Medicare A and B do not cover. If you are not familiar with Medicare A and B benefits CLICK HERE Doctors, hospitals and all other Medical providers, bill Medicare A and B (Original Medicare Card). Medicare covers their portion and the balance is sent to the Supplement plan to cover the amount specified by the plan you buy. So is it worth it to buy a supplement?
This post will give you information about your Access to doctors with health reform. The new health reform plans that are created and will be ready to go either through the State or Federal Exchange by January 1, 2013. The plan designs have been decided by the carriers who participate. In fact, the criteria that the carriers use to determine rates is established. So what will the provider network look like?
Geisinger has announced that they will have an MSA (Medicare Savings Account) plan option available in NJ for 2014. For those that understand how an MSA plan works, this will be one of the best options available in NJ for 2014.
Medicare Supplement plans are also referred to as Medigap plans. The term is interchangeable but is describing the same type of plan. A Medicare Supplement is a plan offered by private insurance companies that helps cover the Medical Benefits not covered by original Medicare A and B.
Crowe and Associates (Edward K. Crowe -Owner) is a brokerage agency located at 304 Federal Road, Suite 107, Brookfield CT. The agency is A rated with the BBB and is independent offering all major insurance companies. The company website is croweandassociates.com
With licensed sales professionals in both the investment and insurance fields, the experienced and knowledgeable team at Crowe & Associates can tend to your various needs.
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