The Romans were lazy. That’s right, I said it: “Lazy”. The typical response would be that, along with building an empire, Romans built highways, aqueducts, coliseums, etc. Many of those basic designs are used today, as is the Julian Calendar, another brilliant innovation under the Roman empire. How could they have been lazy? Well, the Julian [...]
1. What is long-term care? Long-term care refers to the ongoing services and support needed by people who have chronic health conditions or disabilities. There are three levels of long-term care: Skilled care: Generally round-the-clock care that's given by professional health care providers such as nurses, therapists, or aides under a doctor's supervision. Intermediate care: Also [...]
Insurance Cancellations and The President's Response Over the past several months, many people have received cancellation notices from their health insurance carriers, often accompanied by the explanation that their current insurance plan doesn't meet the minimum requirements of the Affordable Care Act (ACA) scheduled to take effect January 1, 2014. In many instances, insurers are offering [...]
If you haven’t done any asset protection planning, your wealth is vulnerable to potential future creditors and, should the worst happen, you could lose everything. Of course, that is a “worst-case” scenario. Lawsuits, taxes, accidents, and other financial risks are facts of everyday life. And though you’d like to believe that you are safe, misfortune [...]
Starting in 2014, the Patient Protection and Affordable Care Act (ACA) requires the establishment of state-based American Health Benefit Exchanges for individuals and Small Business Health Options Program (SHOP) Exchanges for small employers. The general purpose of these Exchanges is to provide a single resource in each state for consumers and small businesses to compare health [...]
Click the image below to download "Health Care reform & You: Timelines & Implications of the Law for Individuals". This informative packet was created by the AICPA.
In my recent encounters working with clients on their planning, we have uncovered a number of questions about insurance. The questions we typically hear are “How much do I need?”, “What kind of insurance should I buy?”, and “How do I know my insurance guy is selling me what I need?” Since it seems to be [...]