Who Is Eligible for Medicare and Medicaid?
Posted: April 21, 2025
Understanding how to qualify for Medicare and Medicaid is vital, especially as you approach retirement age. These two programs provide essential healthcare coverage but differ in their eligibility requirements and benefits. Here’s a comprehensive look at who qualifies for Medicare and Medicaid and how the two programs can work together. What Are Medicare and Medicaid? Although they sound similar, Medicare and Medicaid serve different purposes. ...
When Should Small Business Owners Switch Insurance Companies?
Posted: April 19, 2025
Managing a small business comes with endless challenges—and great rewards. One of the main issues is keeping your overhead as low as possible. The cost of your business insurance should be reviewed yearly—savings could be possible. If you’ve been with the same insurance provider for years, you might assume you’re getting the best deal—but are you? Switching insurance companies can improve coverage, lower costs, and...
The Hidden Costs of Skipping Insurance
Posted: April 16, 2025
This April is the 22nd anniversary of Financial Literacy Month, a time that inspires us to secure our future with sound financial planning, budgeting, saving, and investing. It’s an excellent opportunity to improve your financial education and be more secure in your goals. For example, many people are unaware of the hidden costs of skipping insurance, making them financially vulnerable. Why Consider the Cost of...
A Guide to Paying Medicare Premiums Online
Posted: April 6, 2025
As you get closer to retirement age and you have met all eligibility requirements, you gain the opportunity to enroll in Medicare. Your premiums will be lower but must be kept current, just like any other insurance policy. Thankfully, Medicare has several options for paying your premiums online. How Often Will I Receive Medicare Bills? Most people have their Medicare Part B (Medical Insurance) premiums...
3 Business Insurance Expenses to Write Off on Your Taxes
Posted: April 4, 2025
It’s tax season once again! As a business owner, you are likely looking for ways to maximize deductions and reduce taxable income. Fortunately, several business insurance policies qualify as tax-deductible expenses under IRS rules. If an insurance policy is both ordinary (common in your industry) and necessary (helpful for business operations), you may be able to deduct the full cost of the premium. Help protect...