Tag Archives: #wecanhelpwiththat

What’s up with that retirement experience?

This week I met with three financial advisors to select the one that will be my coach for the next 20-30 years. #wheniam64 Whew, is that exhausting! 70/30, 50/50, 60/40 and alternatives are great, but who understands all that? The answer is those that study understand all that, and I am ready to commit to a coach to get me from 64 to 94.

Reality is the average life expectancy is 78.something and declining for the first time in decades. I am not ready to concede defeat yet. Hit the gym this morning for a solid workout. Adjusting my eating to offset risks of Alzheimers and keep my brain running at optimum. Brain envy is what Dr. Daniel Amen calls it. Resting more as I age, only working 50 hours a week instead of 60-80. What are you doing to shift? As a life coach, I have to set the example. #wecanhelpwiththat

Now, for healthcare. That medicare decision looms. At 65, you have a period of seven months to make your decision. Three months before, the month of your birthday, and three months after. It gets tricky after that if you want to make significant changes. There are open change periods for advantage and prescription drug once a year. But, supplementals require medical underwriting after that first decision and the rates can go up significantly. #wecanhelpwiththat

Having fun yet? Wisdom tells me that happiness is a key to longer life and well, who wants to be sad? Having a manageable plan you understand that helps you meet lifestyle objectives can lead to a merry heart and that is good medicine. #wecanhelpwiththat

Let me know how we can help. There is never a fee for an analysis of your position and never a fee for healthcare help. We don’t do income management, but have some good partners to whom we can refer you and for smaller amounts ($10k-100k), we can give you some tips. #wecanhelpwiththat

Phil@soluminsurance.com

405.494.0637 – dedicated mobile for you

Comparing Plans – Advantage #wecanhelpwiththat

As we enter the last two weeks of open enrollment, my phone is ringing with last minute comparisons. #wecanhelpwiththat

One of my clients had a tier one, tier two, tier three, and tier four drug prescription. Whew! All of that can get majorly expensive on any provider’s plan. #wecanhelpwiththat

Be assured, there is a good plan that meets your specific needs. As an independent agent, I can compare across plans. Every insurance carrier (United Healthcare, Humana, Aetna, and others) has plans for each zip code. They are competitively priced in different areas of medical need. No one can predict what you will need in 90 days, but you can look ahead using your history and potential needs. #wecanhelpwiththat

So here is a set of needs of a client:

. Keep monthly costs predictable and as low as possible

. Keep extra costs as low as possible (emergencies, added doctor visits, specialists co-pays, etc..)

. Use a specific doctor and their referral network

. Provide for urgent care nationwide (they travel a few times a year)

. Keep it simple to get healthcare

. Support a specific set of hospitals in the area

. Basic dental and eyewear coverage beyond medicare medical coverage

Here are a few needs they do not have:

. Access to a variety of doctors on and off plan

. Nationwide network (one of our advantage providers supports a nationwide PPO network, which I think is pretty cool if it meets your needs)

#wecanhelpwiththat

Based on this set of criteria, we compared a few of the larger companies and found a good HMO advantage plan that reduces their current costs by $140 a month and reduces co-pays to specialists and for their pharmacy prescriptions by a few dollars. Overall, they can potentially save $1800 a year. Look at 5 years and that is $9,000. Wow! It is a simple change for them. #wecanhelpwiththat

They have a plan with a major carrier that they signed up for 10 years ago. Plans change. There are options for you that might meet your needs and experience better than the plan you signed up for in the past. Open enrollment gives you the advantage of taking a look at current offerings in your area and keeping medical costs better contained. #wecanhelpwiththat

Our services are FREE to you.

Phil – phil@soluminsurance.com 405.494.0637