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Life Insurance – Don’t Get Hung on the Details

Trying to figure out all the details of what you want for life insurance is guaranteed to cause a headache. That’s what an experience broker is for.

The fact is that one of the most often asked questions when it come to buying life insurance is very simply how much would the person really need. There is no right or wrong answer to this because in each person’s case, the answer will vary. It really boils down to what’s best for the person who is asking. This is one of the major reasons for someone contemplating buying life insurance to talk to an expert broker who can fill them in on the details they need to make an informed decision.

Yes, a lot of people figure term insurance is the only way to go. And that may be for a vast majority of people, but it doesn’t mean it is applicable in every case. Whole or universal is a good choice for some individuals but in general, term insurance works best for the greatest number of people.

You have to give this matter “some” thought first. So, start with figuring out what kind of lifestyle do you want your family to have if you die? How hard will it hit your family financially? Will your partner continue working? Do you want your family to stay in the same house? Do they really even need insurance to make it without you? These are questions you should also discuss with a skilled insurance broker who will be able to focus your thoughts by providing you with answers to your questions, as well as other variables for you to consider.

So, typically speaking, most people need or want insurance based on what their current financial situation happens to be. Let’s say for instance the person wants to get insurance to meet just a specific need; say, death expenses and a small bequest to a niece or nephew. Both individuals work and take home a good wage and have no children of their own. This person may just want enough insurance to cover debts because the spouse will likely keep working.

Your insurance agent could calculate this for you. It’s just a matter of figuring out the amount of your debt and any other things you want covered, and that gives you the amount of insurance you’d likely want. Keep in mind, you will owe “less” money over the years. At least that’s the plan. So here is how you could handle that: take out a variety of terms – say $150,000 for ten years and then $150,000 for 20 years. These are just examples of course and you’d want to talk this over with your agent.

Remember, you can cancel life insurance anytime, and if you are out of debt well in advance of your schedule, just drop it. There is really no one hard and fast answer to what a person should do, because everyone has different needs. Basically, it’s a matter of making a choice on an amount and biting the bullet.

There are other scenarios to consider, like making sure your kids have a future income, etc. All these are options about which you can talk to your insurance agent. That’s what they’re they for in the first place. They know their products and can explain things to you in plain English without the jargon.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Friday, April 2nd, 2010 Articles Comments Off on Life Insurance – Don’t Get Hung on the Details

How Health Insurance Reform will Affect Florida Residents

Since yesterday night we have been receiving calls on just how the new health reform will effect Florida Residents.  Here are a few questions and answers.

Will the new law cover pre-existing conditions?  The good news is yes it will.  However if you are looking for a plan today, keep waiting we are looking at the year 2013 at a minimum for a major medical to cover pre-existing conditions.

Will there be lifetime limits on my new policy? The short answer is NO.  All policies will have no lifetime limit.
If you have any questions regarding the reform or would like a quote on a new policy please call us at 800.946.3157.

To Your Health,

Evan Tunis
800.946.3157/561.201.8387
evan@floridahealthcareinsurance

Florida Healthcare Insurance

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Monday, March 22nd, 2010 Articles, Blog Posts Comments Off on How Health Insurance Reform will Affect Florida Residents

You Can Save Money by Shopping for New Florida Health Insurance

Have you seen the commercials for auto insurance where the couple is reluctant to shop for new insurance for fear it will take all day?  If you had seen the commercial you  would know the couple gets multiple quotes within seconds and saves money on there auto insurance.

This is precisely what we do at Florida Healthcare Insurance.   We shop all of the top A Rated carriers in Florida and match up an excellent plan that will save our clients money.

Just give us a call at 800.946.3157 and we’ll demonstrate how easy shopping for florida medical insurance can be.

Evan Tunis

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Thursday, March 18th, 2010 Articles, Blog Posts Comments Off on You Can Save Money by Shopping for New Florida Health Insurance

Go with HMO or Not?

Should you go with an HMO or not when you are searching for a health insurance plan? Perhaps managed care will work for you.

For those that don’t know what an HMO is, it stands for health maintenance organization, a type of managed care organization. An HMO sets out guidelines for their affiliated physicians to work with in terms of care to provide and price structures. Is that a good thing for you? In some respects, it may very well be, but it’s a decision you will need to make, based on your personal preferences.

Generally speaking HMOs have lower monthly fees when compared to other alternatives. In addition, the fees are deducted from a paycheck. Keep in mind that this requires a co-pay or the amount paid during a treatment that is deductible from the overall cost of the medical bill. This isn’t to say the rates are the same for every doctor in an HMO, as this is not the case. Each doctor’s office bills out according to their office hourly rate, what tests they may conduct, or treatments they handle for you at the office; e.g., giving needles, taking blood pressure, examining ears, etc.

Here is the most crucial question you will want to ask though and that is how can an HMO offer less expensive health care? The first way this is possible is because they do business on a volume basis, as in they have millions of people as subscribers. They also deal directly with health insurance companies and thus get a better deal, based on volume.

The second reason HMOs are able to offer better rates is because one of their main focuses deals with preventive health care and to that end they work to inform their clients of ways to better enhance their health. This tends to involve, among other things, proactive communication with patients by using handbooks and health guides.

There are some other points you will need to know about HMOs prior to deciding if they are for you. For instance, you will need to pick a primary care physician because that is compulsory if you opt to be in an HMO. Primary care doctors may be GPs, pediatricians, internists or family doctors, and they are more or less the first person you seek medical care from; call them the gatekeeper of medical services or the first port of call.

The idea here is that this doctor figures out what treatment the patient needs or doesn’t need, and will step up to bat to handle all other health care issues, unless there is a need to send the patient to a specialist. You can’t go directly to a specialist without a referral from your primary care doctor. If you opt to choose something called an open access HMO, then you would be able to go to whomever you choose for doctoring. The costs of an open access HMO is higher when it comes to expenses such as co-payments and co-insurance.

Some cons of choosing an HMO involve the quality of the service provided; the lack of tests offered even though they are called for by the doctor; HMOs that refuse to pay for treatments even if the doctor does recommend them; and how little time the doctor has to spend with patients when they go for an appointment.

What you choose will be what you think works for you. Check out both sides of the debate when it comes to choosing an HMO or not. An informed decision is better than one made without any information.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Sunday, March 14th, 2010 Articles Comments Off on Go with HMO or Not?

Get Your Quote from the Broker Who Owns the Website

Surfing the Net and find a great site with good information? Then call the broker who owns the site for more information.

I don’t know how many times I have heard this refrain from people trying to buy insurance online: “I hate talking to insurance agents on the phone.” While that might be the case, if you get a quote from an online insurance company, it only makes sense to pick up the phone and call them. Who better is there to answer your questions?

Sure it’s sometimes difficult to just talk to a stranger about your personal health conditions, but if you need insurance, this is what you have to do to get what you want. If you want a health insurance package that makes sense for you, or for you and your family, calling the broker to get more in-depth information is a smart move.

You want to get a quote from a professional looking website; one that is clean and easy to navigate and has lots of interesting information on it. But more that than, you want to get an instance quote; a quote that is relevant to the area in which you live. Why focus on the area where you live? Quotes from health insurance brokers/agents where you live are much more relevant in terms of being tailor-made to your needs.

Big box insurance companies online can still sell you policies, but they have no clue, and could care less, about what hospitals in your area are the best, which doctors provide various services in demand and which don’t; and more importantly, who pays their claims on time and who does not. This is insider information that a local agent would have.

The local agent knows their area inside out, and once they know what you are looking for in terms of a reasonable health insurance package and they know your medical concerns, they can find you the best deal locally. It’s very smart to do a deal for health insurance locally, and then be able to get personal service later. Those are the two things for which people surfing the Net for insurance want to find: a good package for a reasonable price and personal service.

So the next time you happen to be surfing online for a health insurance broker, choose a site that really has a professional presence, has good information that you can use right away (even if you don’t buy insurance yet), offers you good service and is local. Calling that local broker will be the best financial decision you ever made.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Sunday, March 7th, 2010 Articles Comments Off on Get Your Quote from the Broker Who Owns the Website

What’s the Best Choice for Health Insurance in the US?

Health care discussions abound these days and people want to know what the best choice is for health care. This is a tough question, but research will generally provide the answers.

While budget may be a four letter word in your house these days, it is still a daily reality in the 21st century. We’re facing tough economic times and all around us things are getting more and more expensive, like health care. This of course makes it difficult to find the right health insurance plan that will fit your personal budget. If you’re faced with trying to make ends meet and needing to get health insurance, start by first figuring out precisely what you need. Don’t guess, or you might wind up with something you don’t need.

Start first with the assumption that you are just getting health insurance for you. If you need family coverage, then make adjustments based on what you do for a single health insurance plan. So the first thing you would likely do is go for what works for you. Keep in mind, that depending on what you choose, there may be a wide range of prices. This will depend on a number of things ranging from the type and level of coverage you want and what the particular insurance company is charging. This is one main reason to comparison shop – the price.

Let’s say you wanted a plan where you could pick your doctor and get whatever medical procedures you needed done. Starting with that as an assumption, you would then have a variety of different levels of deductibles and out-of-pocket limits. Here is where the rubber meets the road. Either you pick what you can afford or try to afford what you pick. That’s a personal decision. If you value the freedom of choice, the more expensive option might be the one you want.

There are also managed plans you may consider –something similar to an HMO. Yes, these are less costly; however, you also give up having choices, meaning you have to choose your doctor from an approved list and you may only see a specialist on referral. This might be just the plan for you if you are in good health and only see the doctor about once a year for a check-up or the flu. You would still be covered for health emergencies, but things are a little more complex. For this reason, and for the sake of knowing precisely what the various plans offer, speak to an expert insurance agent.

Knowing what you have, what you actually get, what you pay, and why you pay that amount are things you need to know for later – when you need your insurance. If you don’t know right up front what is included in your health insurance plans, you may be in for a nasty surprise later. Talk to an insurance agent about what your choice of plan offers and about what it does “not” offer. Knowledge is power.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Thursday, February 4th, 2010 Articles Comments Off on What’s the Best Choice for Health Insurance in the US?

Term or Whole Life, Which Is Best?

Searching for life insurance can be a major pain. You can lessen the anxiety by getting multiple quotes for various coverage options.

Let’s say you want to buy whole life insurance. That’s a good decision by the way, and what you need to do next is to get multiple quotes from various insurance companies. This will give you the kind of information you need to know right away. Making decisions has never been easier.

Ideally you will be looking to compare what kind of coverage you get and what the price is for it.Comparing prices online is a simple and easy way to get the information you need to get started. You can always follow up by making phone calls to the insurance agents when you have a list of questions you want answered.

Once you have the quotes on whole life and term life, the next thing you’ll need to decide is the best option for you. There’s a lively debate about this in the industry and it helps to get a good idea of what both sides of that debate are saying. For instance, many insurance experts say term policies are best because they are less expensive. That way, the money you save, you could spend on yourself.

While this may be an option, it isn’t necessarily the right one for everybody. That’s why choosing life insurance is such a highly personal thing, with various factors in each person’s life making up the final decision. The fact is that every insurance policy has its pros and cons and this is why you want to consider all the benefits of each of them before you buy anything.

If you’re considering a whole life policy, there are some points that make it just perfect for some individuals. For example, the coverage never ceases so long as you keep paying the premiums; and you are covered for life. These types of policies generally also accumulate a cash value over time that is tax deferred. That’s a nice bonus. This particular option is usually a good one for people interested in estate planning and who want to leave money behind for heirs and beneficiaries, plus have the expenses of a funeral and taxes covered, etc.

If you’re not that certain what would really work for you, ask a financial planner or a highly skilled insurance agent. Discuss what you think would work, and work together to choose something tailored to your personal needs. Once you know what you want it’s a whole lot easier to start comparison shopping.

Honestly, the main thing to remember is that no one is trying to force you to buy life insurance. If they do try that, then it’s definitely not the place to buy anything, and keep on looking. Insurance agents are there to assist you make the right choices that fit “your” life, wants and needs. There is no need to be in a hurry to buy anything. Take your time, ask questions, consult with the agent, look around, and then decide. This will mean you get a product that is far better suited to what you want.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Tuesday, February 2nd, 2010 Articles 1 Comment

Obesity Raises Health Insurance Rates

Being fat is “not” where it’s at and obesity will send the cost of your insurance premiums skyrocketing.
Florida is not exactly a “small” state, not with a growing population of at least 18 million people. That actually places Florida as the fourth largest state of the Union. Just about 20 percent of the population has no insurance period. Out of that 18 million people, just about 60 percent of them are classified as overweight or morbidly obese. The facts are that if you are seriously overweight and want health insurance, you will be shelling out more money for your premiums. For example, over the last decade or so the average annual cost of Florida family health insurance has shot up over 119 percent.

Think about that for a minute. One hundred and nineteen percent is a major increase in health insurance premiums. While some of the reasons for the increase have to do with the rising costs of health care services, those are the same services that overweight and obese people are using “more” because they are not healthy. It’s a bit like a revolving door in some respects. Obesity promotes poor health and poor health promotes people needing to use the health care system frequently which increases the costs of service to “everyone” across the board.

For those looking for health insurance in Florida, there are three kinds of policies you can get and they are government sponsored, individual and group insurance. What you choose or are used to is generally based on your circumstances. For instance, just about 50 percent of those who have a job in Florida have group health insurance through their place of work.

In cases like that, everybody has the same insurance and no one can be denied. Generally speaking, the employer also pays the premiums – either partially or wholly. Also, if you lose your job, COBRA says you get to stay insured for 18 months so long as you pay the whole premium on your own.

For those that have individual health insurance policies, they might be denied if the insurance company thinks you are too high a risk to insure. Individual insurance is not like group insurance where everyone gets the same policy. Individual insurance means every policy is unique to that person. That means you get to choose what options suit you and tailor make a health insurance plan that works for you. When it comes to premiums however, they are largely set according to actuarial tables based on your hobbies, occupation, age, sex, present health conditions, and any pre-existing conditions.

The bottom line here is that to find what you need in terms of health insurance in Florida, speak directly to a knowledgeable local insurance broker. They are able to give you a much wider choice of options open to you than what you may find on a website. In addition, the personal touch is something that can never be underestimated. That is what good service is all about.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Sunday, January 10th, 2010 Articles Comments Off on Obesity Raises Health Insurance Rates

Life Insurance Offers Proper Protection

If you want to make sure your family is protected if something happens to you, the way to accomplish that is to have the proper life insurance in place.

While this might seem like a good idea, and you may be ready to buy life insurance because you realize the value it has for your family, where on earth do you get started? There are just so many different companies with different policies and rates that it gets confusing after about the third website. Ideally what you want is a company that knows its products, knows how to explain them in plain English, and doesn’t try to shove something down your throat that you don’t need.

This company needs to be willing to listen to what your needs and requirements are and then translate those into a policy that works for you and with you. The last thing you need is an insurance policy that doesn’t work and won’t give you what you want to provide for your family. This is where it comes in handy if you write down a list of questions to ask your local life insurance broker. The more questions the better; after all it’s “your” life and your money paying the premiums, and you deserve full and complete answers.

Before you get started looking around, decide what you really and truly want from a life insurance company. You could start with comparing life insurance rates with the most popular companies online. Check their websites and find out what they offer for you and your family. Many will ask you to have the usual physical exam before they approve you.

They will also need a list of pre-existing conditions. Whatever you do, don’t leave stuff out in that section, because they will find out about it later, which could disqualify you. In most instances as well, you will be asked to get a letter from your physician outlining what you do have in terms of pre-existing conditions and what medications or other things you are doing to control the conditions.

The usual rule of thumb when you compare life insurance companies online for their policies and premiums is to check out five. While this may seem overwhelming, the best way to go about doing this is to get one quote from one company a week and then compare. That way you don’t get everything in at once. Talk about confusion. The good thing about dealing online is that the quotes are free and if you take the time to speak directly to some of the agents, you will get a good idea or not if the company suits you personally. Keep in mind that the lowest price isn’t always the way to go.

With information in hand, you can now make some decisions. If the cascade of paper is too much, contact an insurance agent to help you winnow it down to something a bit more manageable. The insurance agent is also fully trained to be able to get the quotes you need for the “right” coverage. This will save you an enormous amount of time in the long run and it will also save you money.

While life insurance should never be “too” expensive, it does have to be at a certain level depending on what you want that policy to do for your family. This is one of the most important things you will want to discuss with your agent. So, while you are asking questions, have the agent outline what the various policies mean and how they pay out. This is information that will come in handy when you are making decisions.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Saturday, January 2nd, 2010 Articles Comments Off on Life Insurance Offers Proper Protection

Long Term Care Insurance

With the country deep in a nasty recession, it should come as no surprise that new statistics show roughly 64% of those soon to retire won’t have enough money saved to maintain their lifestyles.

When you retire, you have expectations of being able to do pretty much what you want to do. But what if you don’t have enough money to do that? What if your standard of living dropped instead, to a level you never imagined was possible?

If you don’t have medical issues, things might be just dandy. However, with the advent of better technology, we are living longer. Living longer may well mean some type of long-term care. While this may be a reality, there are a lot of couples that are not prepared financially to pay that kind of expense out of their pockets. This is where long-term care insurance comes into the picture.

While you might get tired of hearing that insurance of any kind is easier to buy when you are younger, that’s the truth; it is easier. Sure you wonder if it’s worth the expense when you are in your 40s or 50s and in pretty good shape. Even if you are in relatively good health, thinking in advance is a smart thing to do for your future and that of your family as well. The other hard core truth is that if you wait too long to buy the kind of insurance that you need, you might not be able to buy it.

Here are a couple of statistics that will get your attention and get you thinking. They’re from the American Association for Long Term Care Insurance who reveals that virtually 70% of all those who apply for long-term care insurance who are 45 to 54 get accepted. Those in the age bracket of 65 to 74 don’t always get accepted, and the approval rate plummets to about 40%. Policy costs also double for those 65 and over; that is double the cost of what it would have been had you applied when you were 55.

It never hurts to think that you will always be healthy and never need long-term care, but to be blunt, that is honestly not a very realistic point of view. Other studies have indeed shown that just about half of us will need some form of long-term care. Sure you might think that long-term care insurance is expensive and you might not need it and besides, you have a higher chance of being hurt in a car crash or your home going up in flames. That well may be true, but you “do” have insurance for both of those events, so why not have insurance for the possibility of long-term care? It only makes sense and protects you later when you need it the most.

The American Stroke Association says that about one-third of stroke victims become permanently disabled and that one-third of stroke victims are under 65 years old. Those under 65 would not have had the chance to finish stashing money in their retirement fund before losing their ability to work. Think about this – the costs of long-term care. On average it runs about $75,000 a year with one in five Americans needing care for at least a year and about 3% requiring care for more than five years. Some patients with dementia will need care for longer. There is no way your family will be able to afford those costs.

On the other hand if you did buy long-term care insurance early and paid $100 a month, that total at the other end when you really needed it would far outweigh any retirement savings or financial reserves you may have at your disposal. Which chance would you rather take? Not having long-term health care and being unable to afford it? Or having long-term health care and knowing your care will not be a problem for you or a burden to your family. These are tough questions and ones that should be discussed with an expert insurance broker. They won’t sugarcoat what you need to know and will tell you precisely what would work for you for the long-term.

Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insuranceFlorida health insurance quotesFlorida life insurance,Florida life insurance quotesFlorida group health insurance visit Floridahealthcareinsurance.com.

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Saturday, December 5th, 2009 Articles Comments Off on Long Term Care Insurance