by A&A Editorial Team | Dec 2, 2024 | A&A Editorial Team, Health, Medicare/Medicare Advantage
A recent KFF study reveals a concerning trend: Nearly 7 in 10 Medicare beneficiaries didn’t compare plans during the 2021 open enrollment period for 2022 coverage. With the average Medicare beneficiary facing a choice of 43 Medicare Advantage (MA) plans and 21...
by A&A Editorial Team | Dec 2, 2024 | A&A Editorial Team, Health, Supplemental & Ancillary Products
Medicare Supplement (Medigap) plans have long been a popular choice for Medicare beneficiaries looking to manage healthcare costs. Yet they’ve lacked critical federal consumer protections, leading to discriminatory practices from insurers based on age,...
by A&A Editorial Team | Oct 28, 2024 | A&A Editorial Team, Life, Sales & Marketing
Despite a broad understanding of life insurance basics, there’s still a significant gap in coverage among Americans, primarily because of cost misconceptions. A startling 72% of individuals overestimate the expense of basic term life insurance, with only about...
by A&A Editorial Team | Oct 28, 2024 | A&A Editorial Team, Health, Medicare/Medicare Advantage
Medicare-eligible, yet still working, clients face distinct challenges when navigating their healthcare options. Unlike retirees who solely rely on Medicare, these clients must evaluate how the complex program works with their existing employer-sponsored insurance. ...
by A&A Editorial Team | Oct 28, 2024 | A&A Editorial Team, Accumulation & Retirement Income, Wealth
Recent studies show a compelling advantage for Americans engaging with financial professionals: the prospect of retiring two years earlier than peers who navigate financial planning solo. At the heart of this revelation lies a golden opportunity for financial...
by A&A Editorial Team | Oct 28, 2024 | A&A Editorial Team, Health, Medicare/Medicare Advantage, Wealth
Older Americans face a significant financial burden due to rising medical costs across the U.S. As of 2022, more than one in every five Americans aged 65 and older had incurred medical or dental debt. Financial professionals face a critical challenge: ensuring...
