No one ever relishes having to write a sizeable check to the insurance company. However, the benefit of this exercise soon becomes apparent as you are granted the much-needed peace of mind from knowing you are covered in the event of the unimaginable or, in the case of an annuity, that you are guaranteed regular […]

Almost half of U.S. states provide Medicaid long-term care benefits through managed care. There are 13 states that require older adults to get their care that way. The latest annual survey of state Medicaid programs by the Kaiser Family Foundation shows that four out of five states are increasing home care benefits. Sixteen states are […]

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Open enrollment is a critical time for employees, as it provides the opportunity to select or update health, disability, and life insurance coverage for the next year. However, many employees do not pay attention to changes in their existing plans or make time to reevaluate their insurance needs.

When you have a long-term disability policy in place, you expect that policy to cover a variety of needs, including your lost wages. According to one man, his claim for long-term disability benefits was denied by United of Omaha Life Insurance. He has filed a lawsuit against the insurance company. The case was filed in […]

In 2001, the Department of Labor issued a rule that laid out claims and appeals procedures for disability and health plans sponsored by employers. The regulation of these plans fell under the employee Retirement Income Security Act. In 2015, the Affordable Care Act implemented how disputes for health benefit claims would be handled. The DOL’s […]

When it comes to short- and long-term disability plans, there are a number of differences that you should be aware of. Disability income is supposed to replace income that has been lost because of a medical disability and can be purchased by the individual or provided as an employee benefit. For those who have a […]

Home care allows for the elderly, senior citizens and people with disabilities to continue to live in their homes, but with trained help for personal and some medical care. It’s less expensive than paying for a nursing home or assisted living facility. However, it can still be costly for people on limited incomes. There are […]

Can depression be a reason for a long-term disability denial? One man, who is a physician, is suing Life Insurance Co. of North American and Does 1-10 for failing to pay him the long-term disability payments he says are due. The physician applied for long-term disability benefits in April 2013 for a psychiatric disability. The […]

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Insurance companies keep records of everything, including what kinds of claims occur each month. This information helps us identify seasonal hazards that lead to insurance claims and understand how to avoid them.