The Insurance Mom - Alison Gordon Insurance Services » Uncategorized http://theinsurancemom.com The Insurance Mom is here to help you understand your insurance options. Fri, 30 Dec 2011 16:15:21 +0000 en hourly 1 http://wordpress.org/?v=3.1 A Short Course on Long-Term-Care Insurance http://theinsurancemom.com/a-short-course-on-long-term-care-insurance/ http://theinsurancemom.com/a-short-course-on-long-term-care-insurance/#comments Sun, 14 Mar 2010 00:12:06 +0000 Mom http://theinsurancemom.com/?p=509 According to the Department of HHS, at least 60% to 70% of people over 65 will eventually need long term care, either at home or in a nursing home, and that can be very expensive.  The average stay in a nursing home is almost 4 years, at a cost of about $270,000.  Your health insurance does NOT cover this kind…

]]> According to the Department of HHS, at least 60% to 70% of people over 65 will eventually need long term care, either at home or in a nursing home, and that can be very expensive.  The average stay in a nursing home is almost 4 years, at a cost of about $270,000.  Your health insurance does NOT cover this kind of expense, neither does Medicare!   Oy.   That’s why The Insurance Mom wants you to consider Long Term Care Insurance (LTCi) if you won’t have enough savings or other assets you could use.

If you have LTCi and must go into a nursing home or require at-home care, the total cost of all your premium payments combined will likely be less than the cost of a single year in a nursing home or full-time home care — no matter how many years you’ve been paying premiums.

Think about that for a moment.   No matter how long you pay LTCi premiums, you will get it all back in one year of benefits!   That’s huge.   I think it’s a wise investment in your financial future.

Come back tomorrow for 4 simple rules to follow when buying Long Term Care Insurance.

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]]> http://theinsurancemom.com/a-short-course-on-long-term-care-insurance/feed/ 0 News for Anthem Blue Cross members http://theinsurancemom.com/news-for-anthem-blue-cross-members/ http://theinsurancemom.com/news-for-anthem-blue-cross-members/#comments Fri, 05 Feb 2010 18:48:17 +0000 Mom http://theinsurancemom.com/?p=487 If you have individual health insurance with Anthem Blue Cross of CA and are about to be hit with huge rate hikes, this news is for you.   Insurance Commissioner Steve Poizner says his office is investigating… but is this a real investigation or is he politicizing the investigation to boost his run for Governor?

]]> If you have individual health insurance with Anthem Blue Cross of CA and are about to be hit with huge rate hikes, this news is for you.   Insurance Commissioner Steve Poizner says his office is investigating… but is this a real investigation or is he politicizing the investigation to boost his run for Governor?

]]> http://theinsurancemom.com/news-for-anthem-blue-cross-members/feed/ 2 Tax Day is here – A Reminder http://theinsurancemom.com/tax-day-is-here-a-reminder/ http://theinsurancemom.com/tax-day-is-here-a-reminder/#comments Mon, 14 Dec 2009 21:26:54 +0000 Mom http://theinsurancemom.com/?p=430 If you are a corporation (because you have a smart CPA on your side), your corporate quarterly estimated taxes are due tomorrow, 12/15/09!   You can either deposit your estimated taxes with IRS Form 8109 at your bank, or mail Form 8109 with your check, made payable to “Financial Agent,” to Federal Tax Deposit Processing, PO Box 970030, St. Louis, MO…

]]> If you are a corporation (because you have a smart CPA on your side), your corporate quarterly estimated taxes are due tomorrow, 12/15/09!   You can either deposit your estimated taxes with IRS Form 8109 at your bank, or mail Form 8109 with your check, made payable to “Financial Agent,” to Federal Tax Deposit Processing, PO Box 970030, St. Louis, MO 63197.    Don’tcha just love sending your money to the government?!   After all, they manage it so well!   Sure.

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