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Exactly what IS Long Term Care insurance and why should I care about it?

Like life insurance, LTC insurance gives you and your family choices (not expenses) when you need them the most. And here’s a super-simple cartoon shared by our LTC colleague Steve Cain of LTCI Partners. Easy to read, and a little entertaining too! It doesn’t even matter how old you are, at some point you’re probably… Continue reading Exactly what IS Long Term Care insurance and why should I care about it?

Have YOU heard about the MEDICARE updates?

Sooo… what’s all the buzz about the ALL NEW Medicare updates? NEW MEDICARE ID CARDS ARE ON THEIR WAY! No more Social Security numbers. Starting this April, the Centers for Medicare Services (CMS) will be rolling out their NEW ID cards. There’ll be one with YOUR name on it… and a BRAND NEW Medicare ID… Continue reading Have YOU heard about the MEDICARE updates?

What a difference a week makes! SB 562 Update

Thanks for tuning in for our series on single payer!  What a difference a week makes; big update on SB 562. On Friday, 6/23/17, CA Assembly Speaker Anthony Rendon (D-Lakewood) shelved the proposal saying it is “woefully incomplete” and has postponed any further legislative action until January 2018. “If you think health care is expensive… Continue reading What a difference a week makes! SB 562 Update

Pop Quiz! Did you study LTC?

Whether or not you’ve studied the articles in the last week on Long Term Care Insurance, The Insurance Mom has a pop quiz to see if you’re ready for Long Term Care Insurance!   Answer the following for yourself and your family, True or False: I’m between the ages of 40-65 or I have parents… Continue reading Pop Quiz! Did you study LTC?

Long-Term Care Clarity!

Does Medicare cover long-term care expenses?  The answer may surprise you!   There was a neat article this week in the LA Times about Long-Term Care Insurance which spelled it out very nicely.   If you haven’t given much thought to how you’d pay for long term care expenses, you’re not alone.    Most of us haven’t.… Continue reading Long-Term Care Clarity!

Get Cheap(er) Drugs!

The Insurance Mom wants YOU to be a good money manager, and here’s one tool you can use painlessly, immediately and easily.  And, best of all, it’s free! MyRxSavings is a pretty cool prescription discount program.  Go to the site, print out your discount card and you’re off to the land of saving money!  You… Continue reading Get Cheap(er) Drugs!

What does it cost to…

… die?   It’s expensive!  Cedars Sinai Medical Center billed Medicare $132,000 (yes!) for ONE week of care.    I don’t want this to be morose but I do want to use my father’s death a couple of months ago as a life lesson about how to be pro-active in your own medical care. The doctors wanted to… Continue reading What does it cost to…

Your Government’s Health Insurance Plan

I have it on good authority that you’ll be able to contact one of the following newly created federal boards and commissions to get help with your government-sponsored health insurance.  Which one will you choose? 1. Grant program for consumer assistance offices (Section 1002, p. 37) 2. Grant program for states to monitor premium increases… Continue reading Your Government’s Health Insurance Plan

Health Care Reform – A Work in Progress

News From The Insurance Mom about Health Care Reform – An Easy to Read Summary Well…  here it is folks, a Summary of the recent Health Care Reform bill signed into law on Monday, March 22.    As you’ll read there are very few changes that will have an immediate impact if you already have health… Continue reading Health Care Reform – A Work in Progress

A Short Course on Long-Term-Care Insurance

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… Continue reading A Short Course on Long-Term-Care Insurance