A friend of mine has a good friend who has skyrocketing healthcare costs because of a catastrophic illness. She’s hosting fundraising events to help her out, but even those will only help so much. In the end, her friend will be left with tens of thousands of dollars in bills to be paid. The sad…
It may seem like a long time, but in just a month it will be time again for the Open Enrollment Period for Health Care. On November 15th we have the opportunity to change or keep the coverage we’ve had for the last year. Now is the time to start thinking about whether or not…
I’m not so sure I am sometimes. It doesn’t take an accident or illness to let me know that I am insurance poor quite often. The rising cost of healthcare and co-pays for procedures quite often leave me wondering. One thing I don’t want to be lacking in is Income Protection. Knowing that accidents happen and…
Most people know about life insurance, and we all have to have health insurance, car insurance, home owners or renters insurance and all of that, but what about insuring your income? Many people don’t consider insuring income for those times when they have to take time off work because of an illness or injury and the sick or personal…
“We’re a small company with only a handful of employees. We can’t afford to provide them benefits, but we’d like to offer them something. What can we do?” At Work Advantage is perfect for situations like yours. There is no cost to you as the employer, but the Voluntary Benefits provide a portfolio of insurances…
All it took was a few hours in the emergency department, a chest x-ray and three days as an in-patient with IV antibiotics and steroids to blow my budget out of the water. The deductibles and co-pays for that trip to the hospital took nearly a year to pay off, and several times I received…
It’s the start of little league baseball season, and time to start those DIY home improvement projects. Things are starting to happen in the great out-of-doors as the temperatures start to rise. With those outdoor activities come a lot more opportunities for the unexpected trip to the emergency room. No one likes to think it…
Although Monday is the deadline to enroll in a healthcare plan, there are still many people unsure of what to do. High deductible/low premium or low deductible/high premium plans have some of us confused. And, then there are the plans that seem to fit, but then have hidden costs, like a deductible for prescriptions that…
That’s the problem with most insurance programs. They don’t cover everything. With employee sponsored health insurance programs, there are either high deductibles and lower co-pays, or lower deductibles with higher co-pays. There are often few or no options for employer sponsored critical illness, accident or long term disability; and what if you are hospitalized? The…
“My family doesn’t have a lot of doctor visits, and we’re fairly healthy. How do I know which plan to choose?” There are four tiers of healthcare coverage to choose from, and a few other considerations. Michigan is not part of the nation-wide exchange program, but we still have the same options as far as…