Question 1

Why would I need Disability Insurance coverage?

Accepted Answer

The main purpose of Disability Insurance is to help cover your expenses should you not be able to return to work. The policy will pay a percentage of your salary should an illness or injury prevent you from performing your job duties. Depending on the policy selected, Disability Insurance covers your lost income for anywhere from a few weeks to the remainder of your working life. There are many variations of Disability Insurance, we can outline the policies and the process for you.

Call us to discuss this important income replacement tool — 970.241.5542

Question 2

What is the benefit of offering a Group Insurance plan for my company?

Accepted Answer

One of the biggest benefits of offering a group health insurance plan to your employees is employee recruitment and employee retention. Especially now in the current economic times we are in, employees are looking for the best work environment and most added value from their employer. Having a solid employee benefit (Health, Dental, Vision, etc.) program is essential to happy and productive employees.

Additional reasons for having an employee's benefits program are tax credit incentives for paying for employee premiums, possibilities for the employee to cover their family members, protects the overall wellness of your workforce, tax breaks for employees, and many others.

Contact us to talk about how to create a quality employee benefit program to increase your business's competitive edge — 970.241.5542

Question 3

How much Life Insurance should I have?

Accepted Answer

We typically recommend having a policy that would provide you with 10 times your income. That is a standard base, but every individual and family situation is different, so please call us to set up an appointment to find out how we can get the life insurance policy that best fits the needs of your family — 970.241.5542

Question 4

What is the difference between Medicare Supplement Plans and Medicare Advantage Plans?

Accepted Answer

Medicare Supplement plans, such as Plan G, offer the highest level of benefit available. Under most Medicare Supplement Plans you can see ANY doctor who accepts Medicare assignment. The same cannot be said for Advantage Plans. A recent study finds that 40% of surveyed 65+ year olds did not know they could not see any doctor they wanted with their Medicare Advantage Plan.

Additionally, Medicare Supplement Plans such as Plan G do not require a referral to see a specialist and have a very low yearly out-of-pocket maximum. There are many more reasons we sell the best Medicare Supplement Plan available.

Call us to find out more about getting the BEST — 970.241.5542

Question 5

When can I enroll in an Individual Health Plan?

Accepted Answer

Open enrollment for qualified individual health plans through the Affordable Care Act runs between November 1st – December 15th for the following year. Open enrollment allows you to choose a new health plan or make changes to your current plan.

If you miss the open enrollment deadline, but have a Qualified Life Change Event, you may qualify for a special enrollment period. The Qualified Life Change Events include:

• Becoming newly married or divorced
• Having a baby or adopting a child
• Experiencing a death of the insurer in the family
• Losing health insurance coverage due to job loss
• Losing eligibility for Medicare, Medicaid, or Children's Health Insurance Program (CHIP+)

Because every situation is different, you may need to present documentation to show how the life event impacts your health insurance coverage.

Call us immediately to find out how long you have after an event to change your plan — 970.241.5542

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