Coverage disability insurance long term

Why is Obama ignoring the fact that the greatest health care concern facing America really is the fact that untold millions of people need or will be needing long term care which at the moment costs upward of $ 12,000 per month per person & health care insurance + medicare coverage only allow for the first 90 days of this long term care ? After health care insurance + Medicare ( which is for those on disability as well as for seniors ) long term care benefits expire after the first 90 days, the resident is required to pay privately for their long term care and once their life savings are depleted ( which frequently happens rapidly at a cost of $ 10,000- $12,000 per month ) then Medicaid ( not Medicare ) kicks in costing Federal/State Government $ 10,000-$12,000 per month every month for every long term care resident. Why is Obama failing to address this increasing need for long term care which, through Medicaid, is becoming the greatest, single, ever increasing expense for federal/state government after long term care has already bankrupted the long term care resident ? ruth - You are wrong. First of all many people ( not all of whom are seniors ) in long term care facilities require more skilled medical/nursing care than can be provided at home. Secondly, how many people do you know who, regardless of their age, have sufficient assets ( with no ongoing earned income ) enabling them to pay $ 12,000 monthly for years ? At an annual cost of $ 144,000 in 3 years time that would amount to over $ 500,000 What happens after these monies are depleted ? Who is supposed to pay for these long term care costs? We are not talking about whether granny should get a hip replacement at 79 ; we are talking about how to pay for grannys $ 144,000 + annual Nursing Home bill for the next 10 years ? gws35 -While I agree with a lot of what you say the fact is that millions that already need or will be needing long term care don't have long term care insurance or disability insurance and they still need long term care and.........that is exactly what Obama has failed to address......... PATRICK - Thanks for the insightful & brilliant answer. BTW - You can add the disabled ( alcoholic, mentally ill, etc. ) who also wind up in long term care facilities.

I know I need the following: *Auto and Homeowner's Insurance *Life Insurance (20 year level term insurance equal to about 10 times my income) *Long Term Disability Insurance (coverage should equal from 50 to 70% of my income) *Health Insurance (look into HSA and have prescription coverage, etc.) *Dental Insurance *Long Term Care Insurance (for my father who is over 60 years old ... I would for my mother but she passed away 8 years ago) My father and I were a victim of ID theft, and Lifelock ID theft insurance did not help me at all. I am a little weary of ID theft insurance. Should I get it through the bank? Or, should I "freeze" mine and my father's credit reports through Experian, Equifax, and TransUnion? What about Home Warranty? Road side assistance? Etc. Please guide in the right direction I am 26 years old and I am living with my 77 year old father. I have to take care of everything. Whatever advice or an additions would be greatly appreciated. Thank you in advance.

I paid for long-term disability insurance on my job for at least 4 years and when I became disabled my long term benefit went from 1560 monthly to 326 methyl. I paid for this coverage preparing for the future, how can Cigna just decide what I should receive. This information was not given to employees in the initial sign up for the LTD coverage. I paid for the insurance the same as social security was deducted each pay period.

I was forced to take metlife's short term/long term disability through my employer. I was charged over 8000.00 ( eight thousand, not a mistype ) in 113 days. I was then laid off and recieved the benefits for one month ( 30 days ) I was injured on the job on the 27th day of coverage. I received workers compensation for over 6 months. I forgot that I had the short term, long term disability plan that I was forced to take. Can I still file a claim with metlife on the insurance plan ? Can you draw workers compensation AND metlife's disability plan at the same time ? Thanks in advance for any answers given.

My California employer provides short- and long-term disability insurance. I am currently 3 months into short-term and expect to go on long-term early 2010. Today I received a WARN notice that I will be terminated in 60 days. Is my employer allowed to terminate me while I am on disablilty? I have an amount deducted from my paychecks to pay for long term disability insurance. Long-term coverage starts 180 days after the onset.

A friend of mine was diagnosed with late-stage cancer. She was going to need long-term treatment. She learned that after 90 days away from her job she'd be placed on long-term disability (fortunately for her she had purchased that option). If she becomes unable to make her COBRA payments, she will not have health care coverage. Too sick to work for 3 months might lose your insurance. Do you know for sure how your particular situation would work? If this happened to you, you sure would be glad to have a Public Option.

So, I work for a small company (5 employees) and they do not currently offer short term disability. I am interested in getting it, as my hubby and I plan on getting pregnant within the next few months. I just raised the question at our company meeting this morning and I was told to send the owner an email to look into it. His email is a black hole of nothingness so I don't expect to get anything done that way. So I have started filling the whole "Send me a quote" things on the website to have them sent to myself. What I need from you guys is some info/feedback which companies do/don't offer the following: 1) Maternity Coverage 2) At what % of income 3) for how long? (6 week normal, 8 week c-section?) 4) how long did you have to be a policy holder for before you were covered 5) is this through your business or personal.. and if you can tell me how much that would be awesome And for any of you insurance agents out there who may read this, we're located in Pennsylvania and looking for any reasonable quotes you may be able to offer. yeah so if i saved $200/month until i got 3 months worth of salary built up we're looking at me not getting pregnant for 5 years, so I'd be 36 so thats really not an option. Also - I've already had one c-section and plan to have another, so im not sure how a giant gash across my abdomen after major abdominal surgery doesn't count as a disability especially if my doctor says I'm not allowed to drive for 6+ weeks, and my job is all driving.

I’m going to ask this on 2 forums – legal and pregnancy, since I think both groups will probably have good answers. I have worked full time at the same job in Missouri for over 3 years, and I am due with my first child in December. My husband and I have done a lot of thinking, planning, saving and downsizing and have realized that I will be able to stay at home once the baby is born. However, I carry the insurance through my job, and I won’t be able to get on my husband’s until after the baby is born (as a qualifying event). At my job, I am eligible for 6 to 8 weeks of short term disability (at 60% of my salary), plus FMLA. But I heard that, if you don’t return to work after the baby is born, your employer has the right to charge you back – not only for the short term disability payments, but also for the full coverage of your insurance premium. I have googled this in a hundred different ways, and can’t find any information, and obviously I don’t feel comfortable asking my HR department. But because of this possibility, I am willing to return to work for a little bit, obviously…but I was wondering two things: 1. Is this true? 2. If so, how long do I have to return to work in order to avoid this? If you can, please help me out and let me know. Thank you!

I’m going to ask this on 2 forums – legal and pregnancy, since I think both groups will probably have good answers. I have worked full time at the same job in Missouri for over 3 years, and I am due with my first child in December. My husband and I have done a lot of thinking, planning, saving and downsizing and have realized that I will be able to stay at home once the baby is born. However, I carry the insurance through my job, and I won’t be able to get on my husband’s until after the baby is born (as a qualifying event). At my job, I am eligible for 6 to 8 weeks of short term disability (at 60% of my salary), plus FMLA. But I heard that, if you don’t return to work after the baby is born, your employer has the right to charge you back – not only for the short term disability payments, but also for the full coverage of your insurance premium. I have googled this in a hundred different ways, and can’t find any information, and obviously I don’t feel comfortable asking my HR department. But because of this possibility, I am willing to return to work for a little bit, obviously…but I was wondering two things: 1. Is this true? 2. If so, how long do I have to return to work in order to avoid this? If you can, please help me out and let me know. Thank you! Sept. 26th...here's a link to my other question: http://answers.yahoo.com/question/index;_ylt=AgFL3oILhMonCN4nijChR0zsy6IX;_ylv=3?qid=20090803065011AA83MwO No answers so far, but just in case. I hope you can manage, too - we've actually paid to get out of our current lease, which is a 3-bedroom house, in order to take up residence in a 2 bedroom duplex, but I think it's worth it. BeCki - I work for a company that has more than 23,000 employees. It's a pretty heartless corporation, lol. If they have any inkling that you want to go, then you're gone. I hate feeling as though I may be doing something dishonest, but when it comes down to it, I feel as though I have earned these benefits and they are mine and I should be able to keep them until I am done with my job. And I don't want to leave my job until baby is born. OK, for the ladies who wanted to know: "FMLA coverage is for employees that intend to return to work. If you don’t intend to return to work then you are not entitled to FMLA coverage, and your employer is entitled to reimbursement for your health insurance costs that it incurred for the period of time that you claimed FMLA coverage. You will have to return to work for 30 days (per DOL regulations) to avoid that liability." That was posted by an attorney on my other posting of this question. It does answer part of my question, but I'm still curious as to whether or not I will be protected for the 6 - 8 weeks of short term disability I get for the actual birth of the baby. I guess a partial answer is better than none, though. Good luck, everyone! OKAY - here is the FINAL ANSWER, ladies: "FMLA coverage is for employees that intend to return to work. If you don’t intend to return to work then you are not entitled to FMLA coverage, and your employer is entitled to reimbursement for your health insurance costs that it incurred for the period of time that you claimed FMLA coverage. You will have to return to work for 30 days (per DOL regulations) to avoid that liability. How not returning to work would effect your STD benefits depends on the terms of your policy, but I have never heard of a policy where you have to repay your STD benefits if you don't return to work. You should check the terms of your policy if you want a definitive answer though. " Thanks for your help, everyone!

My Mother had Long Term Disability coverage from her employer (that she paid a premium for, every paycheck for years) managed by Unum. In January of 08, she developed Addisons disease that was so severe she couldn't work. Later in 08, around July when she was medicated enough to function - she realized that she should apply for benefits from Unum. They paid her 60% of her pay on a Short Term Disability claim in one lump sum for the amount she would have earned from the onset of her disability in January 08 to July 08 - Unum then closed the Short Term claim. By March of 09, her condition had not improved with treatment and she could not return to work - she then applied to Unum again for continued benefits. They told her she would have to open a new claim for "Long Term" coverage since the last claim was close and was for "Short Term" anyway. She basically fought with them all month, sending in releases, faxing medical records etc - it took a whole month or two - but they eventually paid her in the same manner as the last claim: She received one lump sum for the wages she would have earned from the time of the last payment until the time of the new payment in March of 09. Unum said that her claim was denied for any future payments - and that she would have to appeal. Around this time her Doctors gave her more medical bad news concerning a chronic back condition - this along with her Addison's was enough to make the Doctors encourage her to file for Social Security Disability. She filed around April 09, and was suprisingly approved on the first go around - and found out today that she was approved for SSDI. She called Unum to let them know - the person handling her appeal immediately went into scare tactics, saying that she may have to pay Unum back everything they paid her since SSDI is retroactive. My question is - can they do this? She never once drew both Unum and SSDI at the same time. If so, what good is LTD Insurance like this. She paid for it all of those years, and now they want their money back?

My company only offers short term disability (up to 90 days per calendar year). I'd like to get a long term coverage policy on my own, but am not sure of the best way to go about doing this. Does anyone have any tips, or any suggestions on places to get it from?

1. What type of reports do Equifax, TransUnion, and Experian produce?(1 point) income studies credit reports crime rate statistics bankruptcy filings 2. How long does a negative notation on your credit report last? (1 point) one year ten years seven years forever 3. When buying or selling a used car, what’s the best resource on finding an accurate price? (1 point) Cheryl Red Book Kelley Blue Book Paul Pink Book Newspaper Advertisements 4. If you drive more than 15,000 miles each year, you should lease a car instead of buying one. (1 point) True False 5. 401-K’s and IRA’s are examples of what? (1 point) Debt Consolidators Stock Markets Retirement Accounts Checking Accounts 6. What type of insurance pays you a monthly cash benefit in the event you’re injured and cannot work? (1 point) Automobile Insurance Long Term Care Insurance Disability Insurance Life Insurance 7. Your annual household income is a part of your credit score calculation. (1 point) True False 8. A credit card is an example of what kind of credit: (1 point) Deferred Revolving Interest-Free Recurring 9. If you have a low credit score, you’ll pay more for insurance. (1 point) True False 10. An individual who prefers high risk investments with a (possibly) high-reward is called: (1 point) Risk-finding Risk-taking Risk-seeking Risk-searching 11. Wealthy people and companies that invest money in startup companies in exchange for a large share of future profits are called what? (1 point) Venture capitalists Loan sharks Loan officers Risk-averse 12. When someone prefers to invest and participate in the founding of new companies instead of investing in savings instruments or the stock market they would be called what? (1 point) Risk-averse Entrepreneurial Unilateral Risk-finding 13. What federal program makes sure your bank deposits are never lost due to bank bankruptcy? (1 point) The Federal Deposit Insurance Corporation The World Bank The Securities and Exchange Commission The Federal Reserve Bank 14. What is the single best way to increase your long-term income? (1 point) receive a promotion receive a merit pay increase increase your educational level invest in startup companies 15. What is the best way to decrease your expenses? (1 point) pay down any outstanding credit cards get a smaller apartment/house sell your automobile diversify 16. Which of the following expenses would be considered discretionary expenses? (1 point) rent electricity credit card payments magazine subscriptions 17. When an asset (something of value) is always connected to the ground and cannot move – it is called what? (1 point) Liquidated Real Property Collateral Real Estate 18. Expenses such as electricity, telephone service, and water service are called what? (1 point) Bills Debt Utilities Revolving Credit 19. The money you pay to an insurance company to insure your property or asset is called what? (1 point) An insurance premium An insurance deductible An insurance payment Insurance coverage 20. When an asset (something of value) such as an automobile or home is voluntarily sold for cash, it would be considered what? (1 point) Refinanced Liquidated Collateral Repossessed 21. Documentation from an insurance company that states what item or property is insured and the amount that you will receive if the property is destroyed is called what? (1 point) An insurance premium An insurance declaration An insurance policy An insurance deductible 22. An Emergency fund should be made up of what? (1 point) Real property Savings instruments Stock Cash Only 23. The amount of money you’re likely to make in a lifetime is called what? (1 point) tax bracket income potential taxable income equity 24. When inflation is high, on a daily basis the money in your pocket becomes what? (1 point) Worth more Worth less Liquidated Discretionary spending 25. A numerical comparison between two figures is called what? (1 point) a ratio a percentage a sum a difference 26. When your credit score is poor, your mortgage interest rate will be: (1 point) Higher Lower 27. A revolving credit account where the cardholder must pay the full account balance each month is called what? (1 point) a charge card a debit card a credit card a gift card 28. In a list of numbers placed in numerical order, the middle number is called what? (1 point) the average the median the difference the total 29. A FREE warranty from an automobile manufacturer that covers any and all mechanical problems for a specified period from the purchase date is generally called what? (1 point) Supplemental insurance Bumper-to-Bumper warranty Manufacturers extended warranty Sellers guarantee 30. A short-term financial goal is achieved within what time period? (1 point) 10-25 years 1-12 months 1-5 years 30 years 31. E

1. What type of reports do Equifax, TransUnion, and Experian produce? (1 point) income studies credit reports crime rate statistics bankruptcy filings 2. How long does a negative notation on your credit report last? (1 point) one year ten years seven years forever 3. When buying or selling a used car, what’s the best resource on finding an accurate price? (1 point) Cheryl Red Book Kelley Blue Book Paul Pink Book Newspaper Advertisements 4. If you drive more than 15,000 miles each year, you should lease a car instead of buying one. (1 point) True False 5. 401-K’s and IRA’s are examples of what? (1 point) Debt Consolidators Stock Markets Retirement Accounts Checking Accounts 6. What type of insurance pays you a monthly cash benefit in the event you’re injured and cannot work? (1 point) Automobile Insurance Long Term Care Insurance Disability Insurance Life Insurance 7. Your annual household income is a part of your credit score calculation. (1 point) True False 8. A credit card is an example of what kind of credit: (1 point) Deferred Revolving Interest-Free Recurring 9. If you have a low credit score, you’ll pay more for insurance. (1 point) True False 10. An individual who prefers high risk investments with a (possibly) high-reward is called: (1 point) Risk-finding Risk-taking Risk-seeking Risk-searching 11. Wealthy people and companies that invest money in startup companies in exchange for a large share of future profits are called what? (1 point) Venture capitalists Loan sharks Loan officers Risk-averse 12. When someone prefers to invest and participate in the founding of new companies instead of investing in savings instruments or the stock market they would be called what? (1 point) Risk-averse Entrepreneurial Unilateral Risk-finding 13. What federal program makes sure your bank deposits are never lost due to bank bankruptcy? (1 point) The Federal Deposit Insurance Corporation The World Bank The Securities and Exchange Commission The Federal Reserve Bank 14. What is the single best way to increase your long-term income? (1 point) receive a promotion receive a merit pay increase increase your educational level invest in startup companies 15. What is the best way to decrease your expenses? (1 point) pay down any outstanding credit cards get a smaller apartment/house sell your automobile diversify 16. Which of the following expenses would be considered discretionary expenses? (1 point) rent electricity credit card payments magazine subscriptions 17. When an asset (something of value) is always connected to the ground and cannot move – it is called what? (1 point) Liquidated Real Property Collateral Real Estate 18. Expenses such as electricity, telephone service, and water service are called what? (1 point) Bills Debt Utilities Revolving Credit 19. The money you pay to an insurance company to insure your property or asset is called what? (1 point) An insurance premium An insurance deductible An insurance payment Insurance coverage 20. When an asset (something of value) such as an automobile or home is voluntarily sold for cash, it would be considered what? (1 point) Refinanced Liquidated Collateral Repossessed 21. Documentation from an insurance company that states what item or property is insured and the amount that you will receive if the property is destroyed is called what? (1 point) An insurance premium An insurance declaration An insurance policy An insurance deductible 22. An Emergency fund should be made up of what? (1 point) Real property Savings instruments Stock Cash Only 23. The amount of money you’re likely to make in a lifetime is called what? (1 point) tax bracket income potential taxable income equity 24. When inflation is high, on a daily basis the money in your pocket becomes what? (1 point) Worth more Worth less Liquidated Discretionary spending 25. A numerical comparison between two figures is called what? (1 point) a ratio a percentage a sum a difference

I just found out my long term disability insurance coverage was cancelled, after 14 years of being severely disabled for bipolar. I have had mixed moods & been very suicidal for many years, in and out of the hospital 14 times or so, and even had electroshock last year. They based this denial on a medical record note about one meeting with my doc where I was "improved", even though in a telephone conversation with their doctor, my psychiatrist said there was no way I could handle a job. She's on vacation for a week and a half, though, of course, so I have been all in a dither. They say I can go back to work full time. Here is the weird thing, though - I was all upset like you would think I would be, the first 4 days, but obsessively researching everything I could on the Internet & writing up my response, etc. I am going to get a lawyer, too. But now I am feeling GOOD, even getting that euphoric, at one with the universe hypomania I haven't had in years, getting the increased sex drive, the whole bit. this is weird! I have still been going to bed on time, because i am a good bipolar girl & didn't force this cycle into mania on purpose. What the heck? Ever have something like this happen? Is it the obsessiveness? This is 40% of my husband's and my income we have lost, a really big deal. I also worry that the insurance company will hold this against me too - that I can go back to work because now I am hypomanic, instead of suicidal mixed moods. I've never had a hypomania last longer than 5 months, in my life.

I am the HR manager for a small company, around 50 employees. The company supplies a $20,000 term life policy and offers voluntary employee term life. I had an employee who left our company. I sent out his Cobra information, and Information detailing his rights to his 401K plan. All employees receive a booklet, along with their certificate, for each of the coverages they have. Exp. Term life, Voluntary term life, Short term Disability, and Voluntary long term disability. It states in their booklets, they have the right to convert their term life insurance upon termination. They have three months to submit a written request for a conversion package. This employee never requested to convert and unfortuneately pasted away four months later. His wife has hired a lawyer who is requesting information he feels falls under the ERICA act. Doesn't this act only apply to Health insurance? Is there a law that required me to give further notification of conversion? The lawyer already had the booklets concerning the term life insurance. He is requesting any correspondence between our company and the insurance company, any letters to this employee concerning this coverage and proof that payment was deducted from his paycheck and sent to the insurance company. I feel he is on a fishing expedition. There is no court order for documents, just his letter stating they are entitled to this information under ERISA.

I am just deciding whether to sign up for mine. But I don't totally understand the details. I would really appreciate if you could tell me who you work for, and what your plan is like (briefly). For example, is it Long Term Disability, Life insurance, %80 co pay on drugs and vision care, or %100 coverage. Also please tell me how much you pay for it each month. Thanks so much I should also add that I am in Canada, so although I appreciate answers from Americans, it probably doesn't apply to me as much. Thanks! I should also add that I am in Canada, so although I appreciate answers from Americans, it probably doesn't apply to me as much. Thanks! *sigh* Canada does have free healthcare, it doesn't cost me anything to see a Doctor, etc. But we still have health insurance for things like Life Insurance and paying for glasses and prescriptions. What did you think? That I can just walk into a pharmacy and get any drug for free?

Here are the six key topics but what would be your top 3-5 specific questions? Why? Cash Management Making the most of your income Reducing your debt Taking control of your credit Assessing your current situation Traditional savings vehicles The impact of inflation How much cash? Risk Management Reducing financial risk Protecting your property and assets Are you properly insured? Types of medical coverage Homeowners and auto insurance Disability income and long-term-care insurance How much life insurance do you need? Avoid being under- or over-insured. Tax Planning What's your marginal income tax bracket? Impacts of the latest tax laws Avoid paying more taxes than you owe Using tax strategies to your advantage Taxable equivalent yield Investment Management Basic types of investments Understanding your risk level How to measure investment risk Making better investment decisions Proper asset allocation Dollar cost averaging Benefiting from tax-deferred investing College funding strategies Retirement Planning The penalty of procrastination Sources of retirement income Employer retirement plans IRAs/Roth IRAs Calculating the cost of your retirement Determining your distribution from retirement plans Rollover options Wise Estate Conservation Having your estate distributed according to your wishes Avoiding probate and excessive estate taxes Learning about the benefits of trusts and charitable giving

I just found out I'm pregnant again. My youngest son will be a year old on the 29th. While pregnant with him I dealt with high blood pressure which has not stopped. I am still on medication. I have already called the specialist I was seeing with the last pregnancy. But I really doubt I will be able to continue working as long as I did before. How can I keep my insurance coverage for at least the duration of the pregnancy if I have to stop working? Can I get short term disability if the doctor recommends it? Or will FMLA and COBRA cover it? I've heard that COBRA is really expensive. Thanks in advanvance for the info.

Please find the mail I received for job confirmation in the below hotel, Hello Mon, Your mail is noted. We shall prepare and obtain an LMO(Labour Market Opinion) in your favour.Please note that for those who obtain the permit and are fully engaged by us, the following are benefits you will be entitled to: 1) Relocation allowances 2) Retirement plan 3) Tuition reimbursement 4) Medical, dental and life insurance coverage 5) Short-term and long-term disability 6) Flexible spending account 7) Paid time off 8) Tax free to the worker 9) Discounted associate rates at Linxus Hotels 10) $475 credit card to the worker [not in cash] at the point of entry and much more... We shall expect to hear from you as soon as you obtain your permit so we can arrange for your visa and travel arrangements.You are welcome to work with us! .As soon as you can confirm to us that you already have the permits to work in Canada, so make haste to obtain one.We will confirm your appointment and commence

My doctor says I need knee replacement surgery and I will be out of work at least 3-4 months in rehab. Is there any type of insurance I can get to cover my mortgage payments. I have insurance that covers my credit card payments but not insurance for mortgage. My job will pay me part of my salary while I am out, but it won't cover all my expenses. I have little to nothing in savings. If I can get this insurance how would I get a quote and how long would it need to be in effect before I can collect from it? Estimated, how much would it cost per month for the coverage? Thanks Zajjo for the link. I will go there and look right now. Jo Mo, when is enrollment season? My job is as a plant manager. I walk around 90% of the time. I need both knees replaced. Thanks for your post!

I work for Progressive insurance company and they offer std and ltd automatically once employeed. They are trying to tell me that when my FMLA coverage runs out, they can fire me; from what I've found out, they cannot fire me until the day i'm released from my dr. back to work; however my dr. says i'll be out another month and i don't know if my std will last that long, so...does LTD normally just kick right in the day STD runs out? My HR dept is trying to screw me, so need some advice. I live in the state of FL, the company is headquarted in Ohio, if any of that 'law-applicable' info applies... (And if you're an atty and know whether or not I can actually be fired while on std, that'd be great too, cause i'm getting mixed answers!!)

I work for Progressive insurance company and they offer std and ltd automatically once employeed. They are trying to tell me that when my FMLA coverage runs out, they can fire me; from what I've found out, they cannot fire me until the day i'm released from my dr. back to work; however my dr. says i'll be out another month and i don't know if my std will last that long, so...does LTD normally just kick right in the day STD runs out? My HR dept is trying to screw me, so need some advice. I live in the state of FL, the company is headquarted in Ohio, if any of that 'law-applicable' info applies... (And if you're an atty and know whether or not I can actually be fired while on std, that'd be great too, cause i'm getting mixed answers!!)

1. Which of the following best defines health insurance? An annual contract between an insurance company and an individual A type of insurance whereby the insurer pays the medical costs of the insured A type of insurance that protects your personal property if you are unable to pay your bills A type of insurance that assists your loved ones in the event of your death 2. Which of the following illustrates the main difference between Medicare and Medicaid? Medicare helps to insure the elderly, while Medicaid focuses on low–income individuals and families. Medicaid helps to insure the elderly, while Medicare insures low income earners. Medicaid helps to replace lost income for the poor. Medicare is available only to those over the age of 65. 3. Which of the following is not true about managed care? The most common types of managed care are HMO's and PPO's. Your employer is responsible for all co–payments. It is a system in which companies contract with doctors to provide health care services. If you have health care coverage through your employer, you probably have a managed care plan. 4. Which of the following statements is true about Medicaid? Medicaid covers only hospital and doctor's visits. Medicaid is a managed health care system. Medicaid was established to help ensure that people living below the poverty level could receive health care. Medicaid provides health care only for elderly veterans. 5. What is life insurance? Health insurance that covers you for the rest of your life Insurance that supplements your income if your life in threatened Insurance that protects you in the event of an unexpected illness or accident that prevents you from working Insurance that assists your loved ones with income in the event of your death 6. John T. works on the assembly line in an automobile factory. One day, he falls off the roof of his home while cleaning his rain gutters and injures his back. He soon learns that he will have to be off his job for close to a year while his back heals. Which of the following insurance will he need to cover losses from his absence? He will be covered by disability insurance for a period of three months. He may potentially be covered by disability insurance provided by his employer until he returns to work. He will have to collect from his regular medical insurance. Because the accident occurred at home, he is not covered. 7. Which of the following statements is not true about HMO insurance? It is a managed health care system. The letters stand for Health Maintenance Organization. In an HMO, you are assigned a primary care physician. In an HMO you can choose your own primary care physician (PCP), but specialists must be referred by the PCP. 8. Which of the following statements is not true about disability insurance? The only way to get disability insurance in through your employer. You can have short–term or long–term disability insurance. Long–term disability insurance ends when a person turns 65. Long–term disability insurance usually lasts five years. 9. Which of the following might be considered positive aspects of HMO's? Free choice of primary care physician Care from non–HMO provider not covered Out–of–pocket expenses are usually low Easy to receive specialized care 10. Which of the following might be considered a negative aspect of HMO's? Out–of–pocket expenses are usually high. HMO's focus on preventative care. Not easy to receive specialized care Free choice of primary care physician

I have to do this project and I need to know if this job provides health insurance and if it's included what and the benefits. Examples are doctor visits, hospital stays, emergencies, dental care, short/long term disability, co-payments, vision, prescriptions, and child coverage, if so to what age. I know this is a lot but I really need this information.

I am the benefits manager for a national furniture retail chain, The Home Centre, headquartered in Richmond, British Columbia, Canada. Most of the full-time employees who work for the chain pay into an employee benefits plan. This plan care, prescription drug coverage, and othe benefits. One of the most expensive benefits employees pay for is long-term disability insurance. Recently, your insurance provider, Cansafe, has informed you that due to the high numberof recent long-term disability claims, premiums for long-term disability insurance will have to rise substantially, on the order of 15 percent. For the average employee, this means an increase of more than $20 per month. I need to write a memo informing The Home Centre employees about the impending increase. Note: Most of the older employees, are big supporters of the long term disability insurance, the younger ones not as much.

As far as I can tell LTD will not come close to paying out it's maximum promises because they "offset" any other sources of income!!! I am paying big time monthly payments for supposedly $3000 a month (assuming I get injured off duty), but after offsetting it appears LTD will only pay me $1300 a month. So why should I max out on my LTD insurance instead of paying for just $1300 worth? Maxing out costs $90 a month and paying for $1300 coverage will only cost $30 a month. Is my figuring and thinking correct on this subject?

If someone is a not able to qualify for STD or LTD insurance. Are there any other options?. My friend has MS. She was just diagnosed. What can she do? Is there any options or insurance for her to purchase? She is self-employed. So, it's not like she's got group coverage. She doesn't want to have to loose everything to get on Medicaid to deal with her health issues.

During annual open enrollment, I recieved an employee open enrollment kit, which consisted of 3 pages outlining the various options of coverage. Of those were medical, dental, and vison of course and supplemental benefits, which included accident, critical illness, legal, pet, and identity theft. I showed no options of short or long term disability, and now that I inquire about them, my HR rep is telling me it is too late, and that it was listed inside the enrollment kit. Well, clearly it is not. Does ltd or std fall under accident insurance?? Does my employer have to allow me to enroll in either even if the deadlines have passed since it was never an option to begin with??

A few days ago, I received my letter denying me long term & short term insurance coverage. The letter stated, "As you know, the insurance you are applying for is medically evaluated and certain health standards must be met to be eligible for enrollment. Another review has been made of the insurability applications you completed. Based on your condition of insulin dependant diabetes diagnosed 1989, it has been determined that our original decision to deny Short and Long Term Disability insurance coverage cannot be changed. Other pertinent health history includes high blood pressure and acid reflux." The letter goes on to state I have 90 days to appeal this decision. I must say I HAD this insurance and dropped it shortly after starting at The State of Texas. Does this mean I will never be eligible or should I fight this with an appeal? I can brag and say I don't call in sick (very often) and do a great job at work. I work 13 hour days and have a 2 year old son!!!!!!!!!

I pay for my short-term through work which covers me for 6 months in the event of a disability but could get additional months coverage to compliment my long-term policy which kicks in after 6 months. Does the premium you pay for a Short-Term group plan cost more if you choose a plan when applying for coverage with a longer duration of coverage, since the insurance company would be taking a greater financial risk having to pay you for additional months. Say you got the plan with with 12 months coverage as opposed to only 6 months would that mean in the event of a disability that lasts atleast a year the insurance company would be paying your income for a much longer duration of time (6 more months) thus requiring a higher premium due to the added financial risk they are taking due to length of payments (12 months)?

My husband who is 56 and an attorney, had no retirement plan, no disability plan (solo practice), no life insurance, no long term care, no savings, and his home business is so disorganized it is frightening. He also can never seem to get his business off the ground and wont advertise or do anything to promote it. I finally made him a website and he is getting some clients but very few. I work for the state and make good money and have retirement for myself, disability, and am getting a long term care plan. We have been together 12 years and just got married last fall. He now has health insurance through me but even though he agreed to get coverage for all the rest he still hasnt done it. What is going to happen to me later on if he becomes disabled and what if he has no retirement? I had a prenup drawn up prior to marriage. It covers everything. Give him more time? I have. 12 years. Now I worry about my retirement and my future financial stability. Anyone who thinks for better or for worse is taking advantage of someone else is thick. I married him because he promised to take care of these things within 3 months. He hasnt. He loves to work at home - sleep till 10am, drink coffee and watch TV or read the news on the internet. I work hard and am tired of it. I think an office away from home would be a good start.

My husband who is 56 and an attorney, had no retirement plan, no disability plan (solo practice), no life insurance, no long term care, no savings, and his home business is so disorganized it is frightening. He also can never seem to get his business off the ground and wont advertise or do anything to promote it. I finally made him a website and he is getting some clients but very few. I work for the state and make good money and have retirement for myself, disability, and am getting a long term care plan. We have been together 12 years and just got married last fall. He now has health insurance through me but even though he agreed to get coverage for all the rest he still hasnt done it. What is going to happen to me later on if he becomes disabled and what if he has no retirement? I guess some people are not reading my whole message - I HAVE a good job ($60K) a year and benefits. He is the one without the benefits and assets. Yes - I had another attorney do up a very detailed pre-nup.

No health insurance and there's an accident and now many medical bills, not long term and no permanent disabilities, but something that may accumulate to thousands of dollars in medical bills, is there any way that you can get (free) coverage through the Medicaid program or some other program?

I am a disabled amputed that has his private insurance running out at the first of the year and would like any information on Ontario goverment programs that would assist me with prescriptions, dental and eyeglass coverages.

I just signed up for additional (long-term) disablity insurance b/c I know my employer only doles out 60% of my base pay if I become disabled. Is this a smart move for a single person with no family close by? How much a month is reasonable to spend?

I cannot get medicaid because I make too much money. I cannot draw medicare for two years. My major problem is prescription coverage. At this point I don't care about hospital coverage. I have COPD so I have a lot of medications that I have to take to stay alive. Any help is greatly appreciated. AARP turned me down because I am on disability. I am 60 years old.

Do you know what insurance company might handle this type of insurance? I cannot afford the $425.00 per month for cobra.

health insurance and prescription coverage. Anyone have any good suggestions? I am offered Cobra at $425.00 per month. I can not afford that. Any suggestions will be appreciated.....