Tiger Insurance Agency

On Health Insurance

Marketplace insurance too expensive?

Are you healthy?

If so there are other options available. They do require health questions and sometimes a review of health history, but if your in good health you scan save some money.

Contact me if you’d like to discuss.

Medicare Supplement

A lot of confusion on this subject. I regularly hear people refer to their advantage plan as a supplement and the supplement plan referred to as advantage plan. Even politicians I’ve spoken to get them confused.

I usually ask to see the card.

A supplement works with core Medicare to help cover some or most of your out of pocket costs.

An advantage plan is when you choose an insurance company to provide your Medicare benefits.

People ask me all the time which is best. I don’t make that judgement, there are a lot of things to consider, including cost.

Contact me if you want to talk more about this subject.

If you’re turning 65 soon and are unsure about what it means to enroll in Medicare, you are not alone. One of the most common questions we hear from those nearing retirement is around the timeline for signing up for Medicare.

So, we wanted to share a few important reminders to help you stay on track:

✅Know your enrollment window. Your initial enrollment window lasts for seven months — three months before your 65th birthday, your birthday month, and three months after your birthday. Enrolling early in this timeframe can help ensure your coverage begins right when you need it.

✅Understand how to sign up. Some individuals are automatically enrolled in Original Medicare, while others need to take action themselves to enroll in Original Medicare. This often depends on whether you are already receiving Social Security benefits.

✅Do not delay without a plan. Waiting too long to enroll without qualifying coverage can result in delayed coverage start dates and ongoing late-enrollment penalties.

✅Be aware of other options. If you are still working and covered under an employer plan, you may qualify for a Special Enrollment Period that can allow you to defer your enrollment. However, missing all enrollment windows can limit your options and increase costs, so it's best to clarify this early.

Medicare decisions can feel overwhelming, but you do not have to navigate them alone. Whether you are approaching 65 or are simply evaluating your options, contact us for guidance tailored to your situation.

Long Term Care

It’s scary to think about. What is your plan if and when you need help doing your day activities of life?

Most people in Arkansas rely on Medicaid assistance or family.

Need is going up and Medicaid is being cut, not good math there.

Depending on family members can destroy families. Who has to quit their job to provide the care. What are the financial resources available? It’s scary to think about.

Long term care insurance might be out of your price range but there are other options to know about.

Your life insurance. Some life insurance is accessible for care in long term care situations. Know what your life insurance covers besides just death.

Short term care plan. If you need assistance for a few weeks or few months while you recover from an injury, or until long term insurance kicks in, this may be of interest.

Some annuities are built to provide long term care.

Contact me if you’d like to talk.