Thought for the Week

When I first started in financial services in 1975, I was hired by a company called American National to sell life and health insurance policies. I was able to earn a living and discovered that not having a regular paycheck was survivable. And fortunately, my wife chose to tough it out with me. Over the …

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The Medicaid Problem Grows and a (Partial) Solution Emerges

My Comments: I ran across this article a few weeks ago. With the headline recently that Governor Scott was not going to comply with the directives toward the states and Medicaid, I thought it might be helpful to have a better understanding of the implications. The idea presented below is not a full answer, but …

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UnitedHealth Will Keep Health Care Overhaul Provisions Regardless of Supreme Court Ruling

My comments: Hmmm. I wonder if Mitt still plans to repeal the whole thing if he gets elected this fall? One thing to consider is that if the Supreme Court does repeal all or part of it and insurance companies elect to keep certain elements such as the coverage for children up to age 26, …

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Long-term-care Insurance May Go Way of the Dinosaur

My Comment: Long Term Care insurance is one of those topics agents like myself find difficult to deal with. I learned years ago to talk about life insurance in spite of the fact that the very idea repelled most people. After all, none of want to volunatarily deal with death, much less our own. But …

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Insurers Pair Long-Term Care With Life Insurance To Entice Buyers

As an opinionated financial planner who considers himself almost an expert on insurance and long term care, I take exception to a few of the assertions in this article. However, my purpose in reposting it here is to trigger questions that anyone planning for retirement should ask. And even those already retired. Keep in mind …

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