Insurance News and Information

What would happen if you were suddenly unable to work due to an illness or injury? Without a paycheck, how long would you be able to make your mortgage payment, buy groceries or pay your credit card bills? Join NAIFA ClientCast® this month as we recognize May as Disability Insurance Awareness Month and explore this often forgotten insurance coverage. We’ll share Real Life Stories about real people with real experiences and the challenges that they faced. In each case, smart insurance planning ensured that emotional struggles were not compounded by the financial hardships that a disability can bring. To listen to the podcast simply click on link below:
http://www.myrealwealthprofessional.com/naifa/aaronbuck

BOISE ID (March 15, 2012) – The Department of Health and Human Services has issued an alert warning people with diabetes of a new scam. The Idaho Department of Insurance urges consumers to be suspicious of anyone who offers free items or services and then requests Medicare or financial information. 

What Is a Limited Medical Benefit Insurance Plan or Mini-Med Plan?  A Limited Medical Benefit Insurance or Mini-Med plan is NOT comprehensive major medical health insurance. Unlike a traditional insurance policy, with a Mini-Med plan, there is no limit to how much you might have to pay for medical expenses. Not all Mini-Med plans are the same. Some offer a very low level of health insurance coverage. If you have too little insurance, you increase the risk you’ll have to borrow money or face bankruptcy if you have a costly illness or injury. Most limited medical benefit or mini-med plans cap the annual amount they will pay for medical expenses, leaving you responsible for the rest.

BOISE ID (February 27, 2012) –  Consumers are seeing many changes in the health insurance landscape as Health Care Reform measures are implemented. The Idaho Department of Insurance urges consumers to take time to confirm specific coverage and benefits of a plan before buying any product.

Do you know the full impact of the current healthcare law? Will it remain in its present state or will it be totally overhauled? Join NAIFA ClientCast this month with our guest Grace-Marie Turner, president of the Galen Institute, as she provides her viewpoint of the healthcare overhaul law. Find out what it has accomplished so far, and the impact it may have on businesses and consumers in the future. To listen to the program simply click on the website address below: http://www.myrealwealthprofessional.com/naifa/aaronbuck