Life insurance types news

Despite of all efforts being made to evade fiscal cliff, annuities still appears nowhere. However, the legislations have stated 3 implications for annuity clients and advisors, which include:

• It makes federal estate taxes permanent:
• It increases the tax burden on individuals who earn above $400,000 a year and $450,000 for married couples filing jointly
• It officially excludes the federal long-term care program, CLASS, which was earlier included in the Affordable Care Act. In addition to this, the legislation also states building a Commission of 15 members on Long-term care

Ask any consumer about the life insurance policy and what is means, it is likely they are going to stutter and stammer while answering it. However, most of them claim that their knowledge about this policy is sufficient enough for them to enjoy a fitful sleep at night.

People with common health concerns, huge families, women and unmarried parents are the four large consumer groups in the United States that are most likely to have gaps in their life insurance coverage. This fact was revealed by one of the recent studies conducted in this field.

One of the studies that have been recently conducted has revealed that the Americans are happy with the benefits they are reaping from their life insurance policies, despite there being a scope for improvement.

The fate of Obama’s healthcare overhaul is expected to be announced by a top court in Washington this Thursday.  This announcement is treated with a high level of importance by many Americans. It is most likely to affect the American political scene and also determine how the presidential elections in the US later this year […]

The increase in the number of people underinsured in the continental US is on a record high & this crisis or situation has to be dealt with some effective norms or reforms from both the government as well as the life insurance providers. The life insurers have to come forward in this crisis & rebuild […]

The American Academy of Actuaries has announced the fact that the Medicare hospital is facing important financial problems with its insurance trust fund. The situation seems to be much worse than it was initially suggested by the grim official projections. The conclusion regarding the Medicare trust fund situation drawn by the American Academy of Actuaries […]

Federal investigators released a report in which they say that Medicare is risking money on an experimental program. The program cost $8B and rewards the providers of not so satisfactory health care services. Tests showed that it is not quite likely to have positive results with the program, so the $8B is just being wasted. […]

A number of people who walk into the clinic for a regular physical or a blood checkup are unaware of the charges that the lab or the physicians will levy on them for the medical services they seek. However, as the cost of availing treatment continues to spiral northward, this is now undergoing a change […]

Before the Affordable Insurance Act came into effect, the chances of the young adults not being covered by health insurance were really high. Also, the number of young adults losing private insurance coverage was twice the number of older people. These statistics were revealed in a new survey that was released by the Kathleen Sibelius, […]