Will Medicare Cover My Medical Equipment?
Posted: June 6, 2023
Under Medicare Part B, medically necessary durable medical equipment (DME) is covered. Some of the items Medicare covers include walkers, canes, nebulizers and nebulizer medication, suction pumps, blood sugar meters, and more. Medicare covers DME in a few different ways, and depending on the equipment you need, you might have to rent it, buy it, or be given the choice to rent or buy the...
How Will My Credit History Impact My Life Insurance Rate?
Posted: May 7, 2023
Your credit score carries a lot of weight in many life activities, including renting or purchasing a home, being approved for a credit card or personal loan, and will affect the interest rate you are offered when buying or leasing a car or other item. While your credit rating does not have a direct impact on your life insurance rate, the data on your credit...
Am I Eligible for Life Insurance if I Have a Chronic Illness?
Posted: April 22, 2023
If you live with a chronic illness and are considering the prospect of purchasing life insurance, you may be wondering if your condition will get in the way of your eligibility. However, many people with chronic health conditions are still able to qualify for average life insurance rates. Of course, every person’s situation is different, and your rates will also reflect the specific type of...
What Happens to My Employer-Sponsored Health Insurance After I Get Medicare?
Posted: April 21, 2023
If you have employer-sponsored health insurance and you will soon be eligible for Medicare, you may be wondering what will happen to it once coverage kicks in. The short answer is yes, you can keep both the coverage provided by your employer as well as your Medicare. You can also choose to drop your employer’s health plan, but it is not a requirement. The size...
Is Joint Life Insurance a Good Idea?
Posted: April 7, 2023
Joint life insurance comes with several appealing benefits. Rather than covering one spouse, the insurance covers both spouses – but only pays one death benefit – when one partner dies. This type of insurance can be more affordable than buying two separate life insurance policies. How does Joint Life Insurance Work? Joint life insurance comes in two different types, called “first-to-die” and “second-to-die.” With first-to-die,...