by JT Gutcheon | Dec 24, 2017 | Uncategorized
Financial Planning Services in Greater Hartford
PBI Insurance is your source for top notch financial planning services in the greater Hartford area. At the close of 2017, are you satisfied that you saved enough money for your retirement? At Tax time we all wonder where our money went – and why we were unable to save enough for the retirement fund. It certainly is not too late to take the bull by the horns and get the Financial Planning advice you need. Today is the best time to take steps toward improving your financial future. It is never too soon to seek out a professional to maximize one’s options when planning your investments and assessing future income. There are many reasons to seek financial counseling. For the college graduate just starting to get a career on track, getting a handle on student loan debt and preparing for retirement cannot start soon enough. For the middle aged couple wondering whether to relocate their home or downsize their living space in preparation for retirement living, major life decisions require a plan.
PBI Financial Group provides comprehensive retirement and financial planning services. We provide the individual and business investor counseling on investment strategies and retirement planning. The professional staff at PBI Financial offers our clients periodic portfolio reviews and follow-up. We at PBI invite you to consult with our knowledgeable agents in our centrally located West Hartford office. Our service area encompasses the entire state of Connecticut. Our satellite office is conveniently located on Main Street in Hamden for clients located in the greater New Haven region. Call 860-233-1171 today.
by JT Gutcheon | Dec 6, 2017 | long term care insurance
For Long-Term Care Insurance Options Call PBI
The PBI Insurance team would like to talk with you about Long Term Care Insurance. PBI Insurance is Connecticut company that provides individuals and businesses with insurance and financial planning resources. Many people have never heard of long term care insurance – and what you don’t know can lead to potential financial ruin for yourself or a loved one. We believe it is important to open a dialog about long-term care with your spouse and your family.
Long-term care describes a person’s medical needs and non-medical personal care. Care can be provided from a number of different sources, from friends and family members to paid home assistance to nursing facilities. Suppose your parent has a debilitating condition, such as dementia, ALS, or a medical condition from which he is not expected to recover. Medical services are entirely separate from non-medical services. Non-medical services include meal preparation and feeding, bathing, reminders to take prescribed medications on schedule, bathroom assistance, and other “custodial” care.
Most Long term care in the U.S. occurs in the home, not in a nursing facility. Opening up a dialog about your long-term care options with a trusted insurance agency is the first step. It is important to understand what your financial burden will be with the options before you, and how to qualify for and receive benefits with which to pay for needed services. A 2013 Public Opinion Strategies poll found that 65% or Americans surveyed have made no long-term care plans at all. According to the U.S. Department of Health and Human Services, 70% of those over 65 will need some sort of long-term care during their lifetimes.
One of the greatest potential risks faced by America’s elderly is the need for long-term care. Long-term care insurance transfers a portion of the risk of long-term care expenses to an insurance company helping to protect you and your family from potentially devastating expenses. Medicare and Medicaid are federal programs that pay for portions of medical or non-medical care. Medicaid is the payor of last resort for those with no assets. There are strict financial eligibility requirements associated with Medicaid hat vary from one state to another. Medicaid planning can be complex and challenging, and we strongly advise you consult a professional who can work through the eligibility requirements with you. Private long term care insurance is an option open to those who are able to afford it. There are many types of long term care insurance with a wide variety of benefits. Veterans Administration Benefits also provide a home care/assisted living benefit, usually available to veterans and their spouses. Again, you must meet certain criteria to qualify for VA benefits.
When it comes to end of life care, what you don’t know can devastate you financially. At PBI Insurance, we will be happy to meet with you to talk about your options for long-term care. We have offices in West Hartford and Hamden for your convenience. We are PBI, and we are in the business of insuring your future. Call 860-233-1171 today.
by JT Gutcheon | Nov 12, 2017 | long term care insurance
Call PBI for Long-Term Care Insurance Options
Why does one need Long Term Care Insurance? We are PBI, and we are in the business of insuring your future. PBI Insurance is Connecticut company that provides individuals and businesses with insurance and financial planning resources. Many people have never heard of long term care insurance – and what you don’t know can lead to potential financial ruin for yourself or a loved one. We believe it is important to open a dialog about long-term care with your spouse and your family.
Long-term care describes a person’s medical needs and non-medical personal care. Care can be provided from a number of different sources, from friends and family members to paid home assistance to nursing facilities. Suppose your parent has a debilitating condition, such as dementia, ALS, or a medical condition from which he is not expected to recover. Medical services are entirely separate from non-medical services. Non-medical services include meal preparation and feeding, bathing, reminders to take prescribed medications on schedule, bathroom assistance, and other “custodial” care.
Most Long term care in the U.S. occurs in the home, not in a nursing facility. Opening up a dialog about your long-term care options with a trusted insurance agency is the first step. It is important to understand what your financial burden will be with the options before you, and how to qualify for and receive benefits with which to pay for needed services. A 2013 Public Opinion Strategies poll found that 65% or Americans surveyed have made no long-term care plans at all. According to the U.S. Department of Health and Human Services, 70% of those over 65 will need some sort of long-term care during their lifetimes.
One of the greatest potential risks faced by America’s elderly is the need for long-term care. Long-term care insurance transfers a portion of the risk of long-term care expenses to an insurance company helping to protect you and your family from potentially devastating expenses. Medicare and Medicaid are federal programs that pay for portions of medical or non-medical care. Medicaid is the payor of last resort for those with no assets. There are strict financial eligibility requirements associated with Medicaid that vary from one state to another. Medicaid planning can be complex and challenging, and we strongly advise you consult a professional who can work through the eligibility requirements with you. Private long term care insurance is an option open to those who are able to afford it. There are many types of long term care insurance with a wide variety of benefits. Veterans Administration Benefits also provide a home care/assisted living benefit, usually available to veterans and their spouses. Again, you must meet certain criteria to qualify for VA benefits.
When it comes to end of life care, what you don’t know can devastate you financially. At PBI Insurance, we will be happy to meet with you to talk about your options for long-term care. We have offices in West Hartford and Hamden for your convenience.
by JT Gutcheon | Oct 29, 2017 | Uncategorized
PBI Insurance – Medicare Insurance Specialists
When you have questions about Medicare in greater Hartford, talk to the Medicare Insurance specialists at PBI. We have been helping individuals just like you understand the Medicare enrollment process. When you have questions about Medicare and Medicare Supplemental Insurance, go to PBI Insurance for answers! PBI provides clients with affordable healthcare coverage to individuals who have reached the age of 65. We are proud to personally meet with individuals to educate and guide them through the Medicare enrollment process. Whether you are an active member of the workforce or a retiree, PBI can provide Medicare coverage to suit your health care needs. Our professionals provide personal and detailed consultations to help determine which Medicare Plan is best suited for you. If you have questions about Medicare parts A, B, C, or D, or would like to explore your Medicare Supplemental Insurance options, call our helpful staff for a consultation.
BASIC MEDICARE INSURANCE
- Medicare Part A is hospital insurance, and helps cover inpatient hospital care, skilled nursing facility care, hospice care, and home health care.
- Medicare Part B, or Medical Insurance, helps cover services from doctors and other health care providers, outpatient care, home health care, durable medical equipment, and some preventive services.
- Medicare Part C, or Medicare Advantage Plan is run by Medicare-approved, private insurance companies. Medicare Advantage includes all the benefits and services covered under Part A and Part B, may cover extra benefits and services for an added cost, and usually includes prescription drug coverage (Medicare Part D).
- Medicare Part D is prescription drug coverage.
- With Medicare you get to choose the coverage you want. Original Medicare includes part A and Part B coverage. For prescription drug coverage, you must join a separate Part D plan. Or you may choose to join a Medicare Advantage Plan, where you will get your Part A and Part B coverage from this plan, not from Original Medicare. Medicare Advantage may include prescription drug coverage.
Call PBI for Medicare Insurance
PBI provides Medicare Plans for individuals through many highly recognized carriers, including:
• AARP
• Aetna
• Anthem Blue Cross and Blue Shield
• ConnectiCare
• United Healthcare
MEDICARE SUPPLEMENTAL INSURANCE – MEDIGAP
Medicare is a federal health insurance program for Americans who are age 65 or older, younger people with disabilities, and those of any age suffering from permanent kidney damage. Medicare coverage is the same for people who qualify based on disability as for those who qualify based on age. For those who are eligible, the full range of Medicare benefits are available. Coverage includes certain hospital, nursing home, home health, physician, and community-based services.
Medicare Supplemental Insurance (Medigap) plans are divided into Plans A through N. Anyone with this Medigap coverage will be accepted anywhere in the country that takes Medicare. Not all insurance carriers offer every plan, but all plans are identical. These plans only differ by the monthly premium charged by each insurance carrier. The first step in choosing your Medigap policy is to decide on the benefits you need and want while considering your current and future health care needs. You must already have Medicare parts A and B. If you have a Medicare Advantage Plan, you should make sure you can leave that plan before your Medigap policy goes into effect. At PBI we shop the market and get the lowest premium for your Medicare supplemental insurance policy. We will do our best to tailor a plan that is right for you.
by JT Gutcheon | Oct 15, 2017 | Uncategorized
Long-term Care Planning
There is no time like the present to initiate the discussion about long term care planning, especially if you are near retirement age. PBI Insurance can answer all your questions about long-term care. A 2013 Public Opinion Strategies poll found that 65% or Americans surveyed have made no long-term care plans at all. According to the U.S. Department of Health and Human Services, 70% of those over 65 will need some sort of long-term care during their lifetimes. Opening up a dialog about your long-term care options is the first step. It is also important to understand what your financial burden will be with the options before you, and how to qualify for and receive benefits with which to pay for needed services. Long-term care describes a person’s medical needs and non-medical personal care. Care can be provided from a number of different sources, from friends and family members to paid home assistance to nursing facilities. Most Long term care in the U.S. occurs in the home, not in a nursing home.
Medicare and Medicaid are federal programs that pay for portions of medical or non-medical care. With Medicaid – the payor of last resort for those with no assets – there are strict financial eligibility requirements associated with these programs that vary from one state to another. Medicaid planning can be complex and challenging, and we strongly advise you consult a professional who can work through the eligibility requirements with you. Private long term care insurance is an option open to those who are able to afford it. There are many types of long term care insurance with a wide variety of benefits. Veterans Administration Benefits also provide a home care/assisted living benefit, usually available to veterans and their spouses. Again, you must meet certain criteria to qualify for VA benefits.
PBI is your one stop resource for employee benefits, individual health insurance, medicare plans, life insurance, long-term care planning, and tax preparation. PBI Insurance provides group benefits to employers as well as individual clients. At PBI Insurance, we will be happy to meet with you to talk about your options for long-term care. We have offices in West Hartford and Hamden for your convenience.
PBI Insurance is your source for top notch financial planning services in the greater Hartford area. At the close of 2017, are you satisfied that you saved enough money for your retirement? At Tax time we all wonder where our money went – and why we were unable to save enough for the retirement fund. It certainly is not too late to take the bull by the horns and get the Financial Planning advice you need. Today is the best time to take steps toward improving your financial future. It is never too soon to seek out a professional to maximize one’s options when planning your investments and assessing future income. There are many reasons to seek financial counseling. For the college graduate just starting to get a career on track, getting a handle on student loan debt and preparing for retirement cannot start soon enough. For the middle aged couple wondering whether to relocate their home or downsize their living space in preparation for retirement living, major life decisions require a plan.