Dear member, There have been major medical care reforms that have taken effect in 2010. Additional changes will occur over the next few years. As a fellow chamber of commerce member, we've been helping other chamber businesses work through the maze of group medical and dental benefits for many years. We hope to help you make more informed decisions about your group medical, dental and vision coverage. Please feel free to contact us for the latest information on how the reforms will affect you, your family and your business. We welcome your input and your questions. If there is a subject you'd like to see in a future edition, just let us know. Charles Eggleton, CLU, ChFC,CFP ® P.S. Call us for your free Davis Vision card-available to all chamber members. |
Maximizing Your Medical Plan. Fit Your Plan to Match Current Needs. |  Before your company medical insurance plan is up for renewal, it's a great time to review and revise plan benefits to reflect your current medical insurance needs. By strengthening the plan provisions that you most commonly use and eliminating or lowering those provisions you rarely use, you can receive more personal benefit from your plan. If situations or medical health change, you can move to another plan within a month. You do not need to worry about your health or medical history when you consider such a change. As an employer, you are required to give employees 60 days notice of material changes in coverage offered by your company. There is a $1,000.00 penalty for each failure to notify. |
Long Term Care Insurance Your Paid Premiums Recovered. | While many people do not want to think about long term care, as we age, if we become ill,or if we are in an accident, long term care insurance can help to carry you through unforeseen circumstances.  When you reach your late 40's, it is time to take a close look at Long Term Care insurance (LTCi) options.
When you need assistance with the activities of daily living, LTCi helps pay for qualified people to assist you with your eating, dressing, grooming and transportation needs. An early purchase of LTCi locks in policy benefits and premiums. The premiums of many years are recovered with a short period of care. Don't forget that NY State pays a tax credit of 20% of the annual premium. |
|
|
